RE Development Manager

Circle KCorona, CA
Hybrid

About The Position

Circle K is seeking an RE Development Manager to provide data and guidance for financial analysts to run financial models for qualifying new sites for lease or purchase. This role involves negotiating purchase contracts and leases, preparing real estate proposals, and supporting the Real Estate Coordinator with market tours and reviews. The manager will also oversee due diligence, entitlement activity, beer and wine applications, and escrow closings, including meetings with government officials and public hearings. Additionally, the position requires coordinating with architects, engineers, attorneys, and other consultants, designing projects with the internal management team, and ensuring compliance with all requirements, policies, and regulations. The role also includes achieving financial objectives through budgeting, expenditure scheduling, variance analysis, and initiating corrective actions. It involves preparing operational and risk reports, managing staff through recruitment, training, and performance appraisal, and maintaining professional knowledge through continuous learning and networking. The RE Development Manager will contribute to team efforts by meeting financial and Key Result Area targets.

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.
  • Performs other duties as necessary.
  • 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.

Benefits

  • Compensation range for this position is $85,000-$110,000 base, based on qualifications and experience.
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