Senior Manager, Corporate Real Estate Portfolio

Job Summary

Potbelly Sandwich Shop is seeking a Senior Manager, Corporate Real Estate Portfolio to manage our nationwide retail lease portfolio. This 100% remote role (excluding AK, CA, HI) offers a competitive salary range of $120,000 - $130,000 plus annual bonus potential.

What's In It For You?

• Competitive pay with performance-based annual raises
• Medical, Dental & Vision Insurance
• Domestic Partnership Benefits
• Paid Parental Leave
• FSA and HSA with Employer Contribution
• Commuter Benefit Program
• Retirement Savings 401(k) with company match
• Employee Assistance Program
• Paid Time Off
• Discount Program
• Flexible Work Schedule
• Career growth opportunities

General Description

The Senior Manager will play a strategic and hands-on role in managing Potbelly's nationwide retail lease portfolio, ensuring our real estate footprint supports operational needs, financial goals, and long-term growth. This role involves lease negotiations, system optimization, and serves as a key partner across departments. The Lease Portfolio Manager will report to this role.

Essential Functions & Responsibilities

• Lead strategic planning for the corporate real estate portfolio to align with growth and cost optimization goals.
• Streamline lease administration, approval workflows, and landlord communications for efficiency and compliance.
• Drive continuous improvement in lease approval workflows and data systems, identifying automation and reporting opportunities.
• Manage the entire portfolio of leases, including renewals, expirations, and negotiations.
• Collaborate with cross-functional teams (Operations, Legal, Development, Accounting, Finance, Facilities) to ensure lease terms support business objectives.
• Facilitate engagement with consultants for negotiated extensions and lease modifications.
• Maintain and enhance the Lease Administration system, ensuring data integrity and leveraging analytics.
• Analyze market trends and portfolio performance to recommend footprint optimization strategies.
• Manage landlord relationships and respond to inquiries, providing strategic guidance.
• Prepare and deliver reports to executive leadership on lease status, opportunities, risks, and cost-saving initiatives.
• Lead the leasing function and the Lease Portfolio Manager, while also providing hands-on support.

Physical Functions

• Ability to work a minimum of 45 to 55 hours per week.
• Frequently reach, feel, bend, stoop, carry, manipulate, and key in data.
• Engage in problem-solving skills to identify and resolve field issues.
• Communicate effectively via telephone, email, and in-person.

Experience, Education, and Behaviors

• Bachelor's degree in Business, Real Estate, Finance, or related field preferred; equivalent experience considered.
• Minimum 5-7 years of experience in commercial real estate portfolio management, with a focus on retail or multi-unit operations.
• Demonstrated expertise in lease negotiations, legal lease terms, and real estate strategy.
• Proficiency with Lease Administration software (CoStar preferred; Tango, Accruent, or similar acceptable).
• Strong Microsoft Excel and Office Suite skills required.
• Exceptional organizational skills with the ability to manage multiple priorities and meet deadlines.
• Excellent interpersonal and communication skills for cross-departmental and external stakeholder collaboration.
• Analytical mindset with a proactive approach to problem-solving and identifying efficiencies.

About Potbelly

Potbelly Sandwich Works is a nationally recognized neighborhood sandwich shop with over 400 locations. We are committed to creating an inclusive environment where good vibes and great careers are a way of life.

Potbelly may use AI-assisted tools in its hiring process. All final employment decisions are made by people. If you have questions or need accommodation related to AI use, please contact [email protected].

We are an equal opportunity employer committed to diversity and inclusion.

Application Deadline

Applications must be submitted by 5/31/2026. The posting may close earlier if a suitable candidate is selected.