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United States of America Hybrid Employment

Cresco Labs is hiring a Senior Manager - Real Estate & Property Management

Responsibilities

  • Analyze market conditions and evaluate potential sites to support expansion into new dispensary and production locations
  • Oversee full-cycle real estate transactions, including leases, acquisitions, and asset sales, ensuring adherence to legal and regulatory standards
  • Prepare and negotiate letters of intent, term sheets, and purchase agreements in collaboration with legal teams
  • Support mergers and acquisitions due diligence by reviewing leases, title reports, and property surveys
  • Develop investment memos and deal summaries to facilitate internal approval processes
  • Collaborate with construction and facilities teams to synchronize property readiness with operational and compliance timelines
  • Supervise external consultants, brokers, appraisers, and legal advisors involved in real estate initiatives
  • Manage ongoing relationships with landlords across a multi-state portfolio of dispensaries, cultivation, and manufacturing sites
  • Review and negotiate lease modifications, estoppel certificates, subordination agreements, and assignment consents
  • Administer lease documentation including rent schedules, straight-line rent calculations, common area maintenance reconciliations, and key date tracking
  • Address landlord disputes, default notices, and early termination requests, coordinating with legal counsel when necessary
  • Maintain accurate lease abstracts, landlord obligation trackers, and portfolio reporting systems
  • Lead and mentor property management personnel, including direct supervision of team members

Benefits

  • Comprehensive medical, dental, and vision insurance coverage
  • 401(k) plan with company matching contributions
  • Flexible spending and health savings account options
  • Short-term and long-term disability insurance
  • Life insurance and accidental death and dismemberment coverage
  • Paid time off and company-recognized holidays
  • Annual discretionary bonus opportunities
  • Equity-based compensation through stock options
  • Employee discount program

Work Arrangement

Hybrid

Team

Reports to: Senior Director, Real Estate

Other

  • Applicants must be at least 21 years old
  • Must follow all applicable legal and company policies for industry employment
  • Candidates must be legally authorized to work permanently in the United States without any need for current or future visa sponsorship
  • Up to 20% travel is required

No

About company
Cresco Labs
Cresco Labs is one of the largest public, vertically integrated, multistate operators in the cannabis industry. Our portfolio of in-house cultivated and manufactured brands features some of the highest quality, most awarded and most popular cannabis products in America. With dozens of locations nationwide, our owned and operated Sunnyside® dispensaries provide a welcoming, positive, judgement-free place to shop for anyone at any point on their cannabis journey. Founded in 2013, Cresco Labs’ mission is to normalize and professionalize cannabis through our passionate employees. As stewards of the cannabis industry, our teams are constantly focused on supporting the needs of our fellow colleagues, consumers, customers, and communities alike. With a focus on Social Equity and Educational Development, our SEEDTM initiative ensures that our company reflects the communities in which we serve, ensuring equal opportunity for all to have the knowledge and resources to work in and own businesses in cannabis. At Cresco Labs, we aim to revolutionize and lead the nation’s cannabis industry with a focus on quality and consistency of product, and to bring legitimacy to the industry with the highest level of integrity and professionalism.
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Job Details
Department Real Estate
Category other
Posted 21 days ago