Area Development Manager

Avis Budget Group • Parsippany-Troy Hills, NJ

2d

About The Position

Driven to be the Best People. Performance. Purpose. At Avis Budget Group, we’re driven to be the best vehicle rental company in the world, together. Our 25,000 employees raise the bar every day, bringing different perspectives, taking ownership, and leading with integrity. We’re defining the future of mobility with safe, sustainable solutions that move people, businesses, and communities forward. What You'll Do: Renegotiate existing leases within assigned territory to optimize terms and conditions, ensuring favorable outcomes for Avis Budget Group Oversee the full real estate lifecycle from site selection to store opening including: Identify areas of development potential for new store growth, conducting thorough market analysis and feasibility studies Lead the site selection process for all new locations and relocations, considering factors such as demographics, traffic patterns, and competition Develop and manage project budgets and capital allocation, ensuring cost-effective strategies for expansion Recruit and manage brokers within your market, overseeing development strategies and site acquisition efforts Negotiate lease agreements, including price, terms, and build-out requirements, in collaboration with legal and real estate teams Facilitate lease renewals and conduct location analysis to assess profitability and performance Establish timelines and budgets for obtaining necessary zoning and building approvals, coordinating with relevant stakeholders Collaborate with attorneys, engineers, architects, and contractors as needed to facilitate project execution Ensure adherence to project schedules and budgets, monitoring progress and addressing any issues or delays proactively Perks You’ll Get: Access to Medical, Dental, Vision, Life and Disability insurance Eligible to elect other voluntary benefits including: Group Auto Insurance, Group Home Insurance, Pet Insurance, Legal Assistance, Identity Theft Protection, FSA, Accident Insurance, Critical Illness Insurance, and additional life insurance coverages 401(k) Retirement Plan with company matched contributions Full training to learn the business and enhance professional skills Employee discounts, including discounted prices on the purchase of Avis/Budget cars Access to an Employee Assistance Program for services including counseling, financial and legal consultation, referrals for care service and more What We're Looking For: Bachelor's degree in Business Administration, Real Estate, or related field preferred Minimum of 5 years of experience in real estate development, leasing, or property management, with a focus on commercial properties Proven track record of successfully negotiating leases and managing development projects from inception to completion Strong understanding of market dynamics and trends, with the ability to identify and capitalize on growth opportunities Excellent communication and interpersonal skills, with the ability to build relationships and collaborate effectively with internal and external stakeholders Highly organized and detail-oriented, with the ability to prioritize tasks and manage multiple projects simultaneously Proficiency in Microsoft Office Suite and real estate management software Who We Are: Here at Avis Budget Group, you will be joining a team of 25,000 driven people, performing with purpose. Together, we’re moving the future of transportation forward with our innovative, customer-focused solutions. Our culture is performance driven, where we encourage and support each other to be at our best through leadership, training, tools, and rewards. We are proud to make a positive difference to the lives of our colleagues, customers, and communities where we operate. Avis Budget Group is an Equal Opportunity Employer – Qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran or any other category protected by applicable law. This advertisement does not constitute a promise or guarantee of employment. This advertisement describes the general nature and level of this position only. Essential functions and responsibilities may change as business needs require. The compensation and benefits information is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, with or without notice, subject to applicable law. This position may be with any affiliate of Avis Budget Group. Parsippany New Jersey United States of America A vehicle rental provider of choice for travelers around the world, Avis Budget Group is powered by our people, our partners, and technology. We operate some of the most recognized brands in the industry through Avis, Budget, and Zipcar, along with local brands such as Payless, France Cars, Apex, and Maggiore.

Requirements

• Bachelor's degree in Business Administration, Real Estate, or related field preferred
• Minimum of 5 years of experience in real estate development, leasing, or property management, with a focus on commercial properties
• Proven track record of successfully negotiating leases and managing development projects from inception to completion
• Strong understanding of market dynamics and trends, with the ability to identify and capitalize on growth opportunities
• Excellent communication and interpersonal skills, with the ability to build relationships and collaborate effectively with internal and external stakeholders
• Highly organized and detail-oriented, with the ability to prioritize tasks and manage multiple projects simultaneously
• Proficiency in Microsoft Office Suite and real estate management software

Responsibilities

• Renegotiate existing leases within assigned territory to optimize terms and conditions, ensuring favorable outcomes for Avis Budget Group
• Oversee the full real estate lifecycle from site selection to store opening including:
• Identify areas of development potential for new store growth, conducting thorough market analysis and feasibility studies
• Lead the site selection process for all new locations and relocations, considering factors such as demographics, traffic patterns, and competition
• Develop and manage project budgets and capital allocation, ensuring cost-effective strategies for expansion
• Recruit and manage brokers within your market, overseeing development strategies and site acquisition efforts
• Negotiate lease agreements, including price, terms, and build-out requirements, in collaboration with legal and real estate teams
• Facilitate lease renewals and conduct location analysis to assess profitability and performance
• Establish timelines and budgets for obtaining necessary zoning and building approvals, coordinating with relevant stakeholders
• Collaborate with attorneys, engineers, architects, and contractors as needed to facilitate project execution
• Ensure adherence to project schedules and budgets, monitoring progress and addressing any issues or delays proactively

Benefits

• Access to Medical, Dental, Vision, Life and Disability insurance
• Eligible to elect other voluntary benefits including: Group Auto Insurance, Group Home Insurance, Pet Insurance, Legal Assistance, Identity Theft Protection, FSA, Accident Insurance, Critical Illness Insurance, and additional life insurance coverages
• 401(k) Retirement Plan with company matched contributions
• Full training to learn the business and enhance professional skills
• Employee discounts, including discounted prices on the purchase of Avis/Budget cars
• Access to an Employee Assistance Program for services including counseling, financial and legal consultation, referrals for care service and more

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees