Robert O. Davis

Responsible for multiple facets of the real estate process within the assigned territory of Dallas/Ft. Worth/West Texas

(New Store Development Only), Colorado (New Store Development Only), Minnesota, Oklahoma, Arkansas, Kansas,

Missouri, The Dakotas, Iowa and Nebraska. Partnered with internal and external partners, such as engineering construction, Lowe's legal team, assigned brokers and developer network, to deliver new store opportunities and dispose of excess properties. Managed the negotiation process from LOIs, purchase/lease agreements, site develop agreements

and ECCRs/REAs to document real estate transactions and protect Lowe's position as a tenant, purchaser or seller.

Attended regional and national real estate conventions to network with other retailers, pad users, landlords, brokers and developers to expand networks and collaborate with industry professionals.

• Successfully presented new store growth opportunities to the Lowe's Executive Real Estate Committee that

projected to bring in over $200M in net new sales to the Lowe's Home Improvement chain

• Built alliance with Lowe's market insights team to identify retail nodes with favorable Lowe's demographics and appropriate spacing from existing stores to build pipeline for potential new store sites

• Managed network of 5 external brokers to facilitate real estate brokerage needs on new store and excess property

deals

• Disposed of over $10M worth of excess land, carve outs and owned/leased buildings throughout the US

• Responsible for the property management of over 10M SF(139 locations) of Lowe's retail operating properties

(Lease management and renewals; CAM reconciliation; ECCR/OEA amendments, cell tower/billboard/atm leases,

etc., )

Directed the management, marketing and disposition of the Walmart owned/leased properties across the US. Responsible for negotiating deals that contributed to annual goals on deal volume and profit. Presented deals weekly to Walmart

Realty's Deal Committee, which consists of VP's and Directors within the Walmart Realty organization, for approval.

Researched existing and future trends in the quick service retail and shopping center development industries to identify

potential pad users and purchasers. Manage relationships with the national broker network and individual brokers that are

marketing properties in the assigned territory.

• Managed a $220 million-dollar excess land portfolio in the East Business Unit, which includes outlots ($90M) and large tract land sites ($130M)

• Negotiated and received approvals for 70+ deals; Closed approximately $25M worth of land transactions

• Responsible for leasing and subleasing of approximately 2.5M SF of vacant retail space in dark former Walmart

boxes (Team realigned in March 2012, which separated building and land teams)

• Led financial reporting/tracking of metrics, such as, book value, active deals, potential gain on sale on a monthly

basis for the excess land team

• Selected for Walton Institute Leadership program for top talent associates and successfully completed the course

in 2012

Provide internal valuation services to support various teams within the Walmart Realty organization. Delivered appraisal

reports in a timely fashion to support the disposition of excess property portfolio. Collaborated with internal and external

parties to determine factors that could impact the valuations of Walmart properties. Managed external appraisal

consultant network for their assigned projects. Researched market performance and trends to stay relevant on cap discount rates, land prices and lease rates.

• Analyze the value of 300+ Walmart owned tracts of land (large acreage tracts, outparcels, pad sites, etc., ) worth

over $1 billion dollars for acquisition, disposition or internal/external compliance purposes

• Conduct investment analysis on over 130+ Walmart owned stores, leased retail boxes and potential acquisitions

valued at $450+ million dollars, to assist in various transactions, such as, lease renewals and terminations,

acquisitions, subleases, and/or dispositions

• Complete multiple special project assignments to evaluate external party requests to use Walmart land, which include, ground leases for billboards, ATM machines and solar panels; right of way and easement valuations

• B.B.A., Business Information Systems, TENNESSEE STATE UNIVERSITY, Nashville, TN - May 2003