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Portfolio Manager, Real Estate

AbbVie · North Chicago, IL · Full time · Finance

Posted Aug 28, 2026 · We last checked this listing on Oct 6, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

What would you do

The posting names balancing cost, flexibility and business needs. Walk me through a decision where those pulled in different directions.

What they are checking: Whether they can balance cost, flexibility and business needs using a real example, showing practical judgment in real estate decisions.

You'd work with an external real estate service provider to keep deliverables standardized and accurate. How do you hold an outsourced provider to a standard?

What they are checking: Whether they can manage an outsourced provider to consistent, accurate standards, since poor vendor work quietly creates costly mistakes.

You'd collaborate with facility planning, business units, finance, legal and risk. How do you get a decision out of that many internal stakeholders?

What they are checking: Whether they can drive decisions among many internal stakeholders, keeping transactions moving despite competing priorities.

A business unit wants space in a market where the economics are poor. How do you handle that?

What they are checking: Whether they can advise a business unit honestly against its wishes, using clear economics to support a better decision.

You'd be accountable for successful delivery of projects in the region. What does successful delivery mean on a real estate project?

What they are checking: Whether they can define project success concretely, like budget, schedule and business outcomes, rather than relying on vague language.

This is based at North Chicago covering the Americas. What would you want to know about the portfolio and the travel before you took it?

What they are checking: Whether they would ask about portfolio scope and travel before committing, showing they understand what the role really demands.

About the work

This role manages and negotiates real estate transactions across the Americas, reporting to the director of real estate. Walk me through a corporate real estate transaction you led.

What they are checking: Whether they have led corporate real estate transactions at a meaningful scale, rather than only supporting someone else's deals.

You'd review and negotiate commercial lease documents. What terms do you fight hardest for in a corporate lease?

What they are checking: Whether they know which lease terms create real value and protect the company, such as flexibility, renewals and exit rights.

A pharmaceutical company's space includes laboratories and manufacturing as well as offices. What does that change about a transaction?

What they are checking: Whether they understand the added complexity of labs and manufacturing space, including environmental, regulatory and specialized infrastructure needs.

How do you think about lease term against a business plan that changes every couple of years?

What they are checking: The flexibility question at the heart of corporate real estate

Practice this interview out loud.

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The full job description

As published by AbbVie.

The Portfolio Manager, Real Estate will report to the Director of Real Estate and will partner with internal / external stakeholders to manage, negotiate, and coordinate complex global commercial real estate transactions, including but not limited to new leases, lease renewals, subleases, expansions, terminations, acquisitions and dispositions. Responsibilities • Accountability for the successful delivery of real estate projects in the Americas Region or as otherwise assigned. • Collaborate with internal stakeholders, including but not limited to: Global Facility Planning and Engineering, Business Units, Finance, Legal, Risk Management, Tax, Government Affairs to ensure alignment of real estate and planning initiatives. • Align real estate outcomes with business objectives in partnership with internal partners and provide clear guidance to leadership. • Work with external real estate service provider to ensure standardization, consistency and accuracy of deliverables including but not limited to: business case preparation, market survey, tour book, RFP, negotiation tracker, financial analysis, status reports, commission report and close out documentation. • Review/negotiation commercial lease documents. • Execute complex global real estate transaction that balance cost, flexibility and business needs. Transactions will include acquisitions (new leases, subleases, expansions, renewals, purchases, etc.) as well as dispositions that optimizes maximum value (subleases, buyouts, sales, etc.) • Develop and maintain strong internal relationships with business leaders, cross-functional team leads and third party vendors (Brokers, Landlords, Service Providers, Legal, Risk Management, Tax, etc.) • Track critical dates to ensure ample planning, site selection, negotiations and internal approval timelines are met. • Prepare and present senior leadership level documents that articulate strategic recommendations, financial analyses, and operational impacts to facilitate informed decision-making and organizational alignment. • Assist with merger and acquisitions as needed. • Assist with Lease Administration as needed. • Other real estate departmental activities as assigned. • IL / Lake County attendance required • Bachelor’s Degree in Real Estate or Finance (MBA preferred) • 7 – 10 years of negotiating commercial leases • Proven success in leading real estate transactions in the Americas • Strategic thinker with the ability to translate business needs into actionable real estate plans Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law: ​ • The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future. ​ • We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.​ • This job is eligible to participate in our short-term incentive programs. ​ Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless and until paid and may be modified at the Company’s sole and absolute discretion, consistent with applicable law. AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives and serving our community.  Equal Opportunity Employer/Veterans/Disabled. US & Puerto Rico only - to learn more, visit https://www.abbvie.com/join-us/equal-employment-opportunity-employer.html US & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more: https://www.abbvie.com/join-us/reasonable-accommodations.html

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