Real Estate Development Manager
About The Position
ESSENTIAL JOB FUNCTIONS FOR REAL ESTATE DEVELOPMENT MANAGER Prepares Market Development Plans by segmenting markets into smaller trade areas; rides areas and identifies a growth plan for each area that includes targeting parcels for new stores and competitive stores to acquire. Provides data and guidance for Financial Analyst to run financial models (in coordination with operations management, fuels management and construction management, etc.) 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 material 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.
Requirements
- Bachelor's degree in Finance, Business or related field preferred
- 1-3 years' experience in General Commercial Brokerage, Development, Finance or Corporate Real Estate Management with emphasis in Commercial/Retail/Fuel/Fast Food/C-Store industries.
- Demonstrated ability to purchase and develop retail location.
- Knowledge of West Coast Real Estate markets to include California, Washington, Oregon, Idaho & Nevada.
- 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 region assigned, including some overnight travel. (50% of Travel)
- Requires a driver's license and a good driving record.
- Proficiency in Word and Excel required.
Nice To Haves
- Previous experience in gasoline retail management desirable.
- Proficiency in PowerPoint, Mapping and Demographic software desirable.
Responsibilities
- Prepares Market Development Plans by segmenting markets into smaller trade areas; rides areas and identifies a growth plan for each area that includes targeting parcels for new stores and competitive stores to acquire.
- Provides data and guidance for Financial Analyst to run financial models (in coordination with operations management, fuels management and construction management, etc.) 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 material 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.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Manager
Industry
Food and Beverage Retailers
Number of Employees
5,001-10,000 employees
