Real Estate Analyst

Job Description

 

 

JOB SUMMARY:

This position provides support to the Development Managers and others in the Real Estate Team by analyzing, negotiating, modeling and proposing for management approval the acquisition of properties and/or the rebuilding of facilities to meet the strategic needs of the company with regard to redeveloping the existing network of stores.  This includes new to industry stores, raze & rebuilds of existing stores, relocation of existing stores, and the acquisition of competitive stores. 

 

RESPONSIBILITIES:

  • Collaborates with the Real Estate and Operations Teams to execute against the Real Estate Market Plan to rebuild the company’s network of stores.
  • Works with Operations to develop initial sales projections for development of remodeled/new/relocated stores and works with Finance for development of financial models.
  • Researches potential site acquisition opportunities, including, but not limited to: ownership, legal records, zoning, traffic information, permitting regulations, competition intrusion, and comparable sales.  Collaborates with land owners, real estate brokers, developers, development consultants, as well as city, county and state officials to obtain information about potential or existing sites.
  • Actively researches and monitors the growth plans of competitors; maintains a database listing and mapping of those growth plans, both confirmed and/or rumored.
  • Builds Excel Model proposals to justify new to industry, raze & rebuild, relocation and single site acquisition opportunities, utilizing a template developed by Holiday, and in cooperation with Finance and Facilities Department partners.
  • Shadow Real Estate Development Managers in a training capacity to learn the skills and tasks involved in site selection, contract negotiation, and the development process.
  • Assists in tracking active and potential projects utilizing Holiday’s project management platform.
  • Prepares and updates activity reporting used by upper management.
  • Manages the Holiday real estate GIS platform.
  • Performs other job-related duties as required.

Requirements

 

KNOWLEDGE, SKILLS AND OTHER QUALIFICATIONS:

  • Knowledge of Microsoft Windows Operating System and a strong proficiency in Microsoft Excel.
  • Strong knowledge or aptitude to quickly learn, navigate, and use GIS/desktop mapping packages and other real estate software as needed.  Current platforms Include CoStar, Site To Do Business (STDB), Google Earth, AECOM (Circle K proprietary GIS), Expesite, and various other County GIS & Recorder’s department websites, among others.
  • Ability to effectively analyze and evaluate information to make decisions, solve problems and achieve goals.
  • Strong communication skills to read, listen, understand and communicate information and ideas in a clear and understandable manner, both orally and in writing, to all levels of the organization. 
  • Ability to process information including gathering, assessing, coding, organizing, auditing and verifying data.
  • Strong negotiating skills and the ability to critically review legal documents to reflect negotiated transactions. 

 

EDUCATION/TRAINING:  

  • Degree in Real Estate, Business, Finance, or related field with 2 to 4 years’ experience in commercial real estate analysis   and market research. 

 

  • Physical Demands:  Work requires frequent sitting, standing, walking and use of keyboard/computer.  Work requires occasional bending, reaching and lifting/moving up to 35 pounds.  Work also requires driving and some light traveling.  Work is subject to tight deadlines and interruptions can be stressful.
  • Working Conditions:  Normal office environment with little or no exposure to adverse working conditions.  Work may occasionally include long hours, weekends, and holidays. The position requires automobile travel, and possible air travel, with potential field work across the Holiday business network. 

 

Job duties may change with or without advance notice.