Job Description

If you are currently an employee of Herc Rentals, please apply using this link: Herc Employee Career Portal

Founded in 1965, Herc Rentals is one of the leading equipment rental suppliers in North America with 2025 total revenues reaching approximately $4.4 billion. Herc Rentals’ parent company, known as Herc Holdings Inc., listed on the New York Stock Exchange on July 1, 2016, under the symbol “HRI.” Herc Rentals serves customers through approximately 607 locations and has about 10,000 employees in North America as of June 30, 2026.

Job Purpose

The Real Estate Manager is responsible for ongoing management and improvement of Herc Rental’s Real Estate portfolio of approximately 350 locations throughout North America and sourcing new locations to support the company’s strategic growth plan.

What you will do...

• Communicate objectives and strategies to broker partners, ongoing management of broker and developer network
• Conduct Market Research and Site Selection for new Herc Rentals branches
• Negotiate and draft detailed Letters of Intent for proposed deals
• Prepare market rent comparison analysis
• Evaluate compliance with local zoning, permitting & use regulations, and requirements
• Prepare comprehensive site approval packages for presentation at monthly Real Estate Committee (REC) meeting.
• Negotiation and review of new leases and lease extensions, including coordination between legal counsel, Herc Senior Management, and landlord
• Execute Strategy for purchase and sale of Real Estate as needed, coordinate Appraisals, Title, Surveys, Brokers, Purchase & Sale Agreements, Due Diligence
• Partner with in-house and outside legal teams to finalize lease agreements.
• Support real estate acquisition transactions, as needed
• Coordinate with construction and other departments through branch opening
• Monitoring Key Lease Dates – expirations, option notices, termination notices
• Manage Branch Closures, coordinate facility turnover to LL, as needed

Requirements

• Bachelor’s Degree in closely related field, preferably in real estate, marketing, management, or relatedbusiness discipline
• Minimum of seven years of experience working within a fast-paced corporate real estateenvironment in a deal making/negotiating capacity

Skills

• Extensive knowledge of Real Estate Leases and negotiation
• Strong knowledge of the real estate process, contracts, land issues, zoning
• Effective deal negotiator with excellent influencing skills
• Demonstrated organizational and project management skills
• Detailed oriented & thorough
• Strategic thinker with entrepreneurial perspective
• Strong market analysis skills and effective site selection abilities
• Excellent written and verbal communications skills
• Working knowledge of Microsoft Office including Word, Excel, and Outlook

Req #: 71800

Pay Range: $100,000 - $130,000

Please be advised that the actual salary offered for any position is subject to the company's sole discretion and may be influenced by various factors, including but not limited to the candidate's qualifications, experience, location, and overall fit for the role.

Herc Rentals values its employees and provides excellent compensation and benefits packages which are not limited to the following.

Keeping you healthy

Medical, Dental, and Vision Coverage

Life and disability insurance

Flex spending and health savings accounts

Virtual Health Visits

24 Hour Nurse Line

Healthy Pregnancy Program

Tobacco Cessation Program

Weight Loss Program

Building Your Financial Future

401(k) plan with company match

Employee Stock Purchase Program

Life & Work Harmony

Paid Time Off (Holidays, Vacations, Sick Days)

Paid parental leave.

Military leave & support for those in the National Guard and Reserves

Employee Assistance Program (EAP)

Adoption Assistance Reimbursement Program

Tuition Reimbursement Program

Auto & Home Insurance Discounts

Protecting You & Your Family

Company Paid Life Insurance

Supplemental Life Insurance

Accidental Death & Dismemberment Insurance

Company Paid Disability Insurance

Supplemental Disability Insurance

Group Legal Plan

Critical Illness Insurance

Accident Insurance

Herc does not discriminate in employment based on the basis of race, creed, color, religion, sex, age, disability, national origin, marital status, sexual orientation, citizenship status, political affiliation, parental status, military service, or other non-merit factors.