RE Development Manager

Circle K•Corona, CA

5d•$85,000 - $110,000•Onsite

About The Position

This role is responsible for providing data and guidance for financial analysis to run financial models for qualifying new sites for lease or purchase. The position involves negotiating purchase contracts and leases, preparing real estate proposals, and supporting market research and project coordination. The manager will also oversee due diligence, entitlement activities, and closings, while coordinating with various consultants and internal teams to design projects and ensure compliance with regulations. Additionally, the role includes managing staff, maintaining professional knowledge, and contributing to team goals. The position requires a strong understanding of real estate markets, financial objectives, and team collaboration.

Requirements

Bachelor’s degree in Finance, Business or related field preferred. Other combinations of job related experience and education that meet the requirements may be substituted.
Three years of experience in General Commercial Brokerage, Development, Finance or Corporate Real Estate Management with emphasis in Commercial/Retail/Fuel/Fast Food/C-Store industries.or more preferred; including minimum of one years of management responsibility.
Experience with MS Outlook, Excel, PowerPoint, Access, Mapping and Demographic software desirable and Word preferred.
Demonstrated ability to purchase and develop retail location.
Knowledge of West Coast Real Estate markets to include California, Washington and Oregon.
Working knowledge of broker networks, market valuations for real property and leasehold investments.
Strong team orientation with excellent interpersonal skills and able to work in a busy environment with multiple changing priorities and deadlines.
Must be willing to adapt to the changing responsibilities of the position.
Self-motivated, self-directed individual with strong organizational skills required.
Requires travelling primarily in the three states, including some overnight travel. (50% of Travel)
Requires a driver’s license and a good driving record.

Nice To Haves

Previous experience in gasoline retail management desirable.

Responsibilities

Provides data and guidance for Financial Analyst to run financial models to qualify new sites for lease or purchase.
Negotiates Purchase contracts with sellers and leases with Landlords.
Prepares real estate proposals and contracts for management approval.
Provides guidance and support to Real Estate Coordinator on organizing real estate market tours for bulk acquisition projects, periodic market reviews and new to industry projects.
Compiles site ride binders and market summaries.
Assists Real Estate Director to oversee due diligence, entitlement activity, beer and wine applications, escrow closings, including meeting with government officials and public hearings.
Assists in coordinating with architects, engineers, attorneys and other consultants.
Works closely with internal management team to design projects.
Ensures compliance with requirements, policies and regulations.
Achieves financial objectives by preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions.
Allocates program costs by preparing operational and risk reports for analyses.
Maintains staff by recruiting, selecting and orienting employees.
Maintains staff job results by training, coaching, counseling and disciplining employees; planning, monitoring and appraising job results.
Maintain professional and technical knowledge by attending educational workshops; reading professional publications; establishing personal networks; or participating in professional societies.
Contributes to team effort by accomplishing determined Financial and Key Result Area targets pursuant to Company Plan guidelines.