Real Estate Manager
Team Car Care•Irving, TX
•Onsite
About The Position
The Real Estate Manager owns the full lifecycle of Team Car Care's real estate portfolio — from lease administration and renewals through network development and facilities oversight — while serving as the primary point of contact between senior leadership, the real estate and finance teams, and key external partners (including JLI, CBRE/Mohr Partners, and CoStar).
Requirements
- Bachelor's degree in Real Estate, Business, Finance, or a related field (or equivalent experience)
- 5+ years of experience in commercial real estate, lease administration, or site development, ideally within a multi-unit retail or service-based business
- Strong negotiation, analytical, and financial modeling skills, with the ability to evaluate lease and expansion economics
- Experience with CoStar or comparable real estate management/data platforms preferred
- Comfort operating in a fast-paced environment with competing priorities across a large store portfolio
- Excellent written and verbal communication skills, with experience presenting to senior leadership
- Ability to travel periodically to store locations and partner meetings
Responsibilities
- Communicate regularly with the executive team and operations leaders to align real estate goals, strategies, tactics, and resource needs
- Deliver recurring real estate and facilities updates to executive leadership, including bi-weekly Real Estate Committee (REC) calls and monthly executive updates
- Manage relationships and communication with key external partners, including JLI, CBRE/Mohr Partners, and CoStar
- Prepare leases and amendments, or review landlord-drafted versions, escalating complex or non-standard terms to the legal department as needed
- Provide insurance certificates, estoppels, and SNDAs using legal-approved templates
- Send deal summaries to the CSO prior to obtaining company signature on leases or amendments
- Maintain all real estate documentation and serve as the subject matter expert on CoStar
- Support the lease renewal negotiation process in partnership with Mohr Partners from early-stage market and options analysis, through proposal evaluation and value-capture negotiation, to final execution and document handoff for abstraction and recordkeeping
- Serve as the primary point of contact for the company's third-party real estate management partner, directing and reviewing their day-to-day transactional work
- Oversee preparation of SNDAs and estoppel certificates, using legal-approved templates
- Oversee processing of lease renewals, including tracking status, resolving open items, and ensuring timely completion
- Review and quality-check third-party deliverables, escalating discrepancies or non-standard terms internally or to legal as needed
- Source store conversion and acquisition targets.
- Evaluate potential expansion opportunities using standardized site-selection metrics, including financial diligence, in partnership with executive and operations teams
- Partner with executive leadership and operations to set company-level and regional capital expenditure budgets
- Gather field intelligence from operations teams to inform lease renewal strategy
- Partner with a third-party real estate group to identify and source sites for build-to-suit development and store relocation.
- Lead site selection and evaluation, including diligence on financial projections and alignment with company site criteria
- Manage build-to-suit and relocation projects from site identification through completion, including coordination with franchisor and developer partners
- Lead transaction negotiations for build-to-suit and relocation deals, including terms, timing, and documentation
- Coordinate with the Jiffy Lube corporate real estate group on land acquisition and site opportunities
- Support franchisee takeover transactions from a real estate perspective, including lease and site review
- Partner on new build and new concept development opportunities, aligning site strategy with brand standards
- Ensure store teams and contractors have a high-functioning system to initiate and complete facility work
- Manage intake of facility work requests from landlords, property managers, and municipalities, and route them to the Facilities team
- Oversee large-scale facilities projects, including floor replacements and reimage initiatives
- Provide data to support rent, CAM, and facilities budget forecasting
- Support M&A activities through financial and market analysis, diligence research, and critical thinking to inform deal evaluation
- Partner with the executive/corporate development team on real estate diligence for acquisition targets
- Assess acquired real estate portfolios for lease terms, condition, and strategic fit
- Coordinate with third-party property tax consultant Ryan, LLC on property tax assessments, appeals, and related matters affecting store locations
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What This Job Offers
Job Type
Full-time
Career Level
Senior
