Real Estate Development Manager

Job Description

 

JOB SUMMARY:

This position is responsible for the acquisition and entitlement of store locations for Holiday companies including New-To-Industry projects, Raze & Rebuild projects Acquisition projects and Relocation projects within designated areas of the described territory. The responsibilities include site selection, contract negotiation, obtaining management approval and securing entitlements. The position works in conjunction with the Construction Department to ensure entitlements are processed in a timely fashion. It also contributes to ongoing strategic review of company real estate assets.

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.
  • Works with financial models to qualify projects for lease or purchase.
  • Negotiates Purchase contracts with sellers and leases with Landlords.
  • Prepares real estate proposals and contracts for management approval.
  • Initiates and organizes real estate market tours for site selection and market reviews. Compiles site ride binders and market summaries.
  • Manages due diligence, entitlement activity, beer and wine applications, escrow closings, including meetings with government officials and public hearings. Coordinates with architects, engineers, attorneys and other consultants. Works closely with internal management team to design projects.
  • Manages portfolio rationalization analysis – compiling valuation and timing strategies.
  • Ensures compliance with requirements, policies, and regulations.
  • Performs other duties as necessary.

Requirements

 

KNOWLEDGE, SKILLS AND OTHER QUALIFICATIONS:   

  • Demonstrated ability to purchase and develop retail locations.
  • Working knowledge of broker networks, market valuations for real property and leasehold investments.
  • Strong team orientation with excellent interpersonal skills and ability 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 travel throughout the Holiday business network including overnight travel.
  • Previous experience in gasoline retail management/site selection desirable.
  • Proficiency in Word and Excel required. Proficiency in PowerPoint, Access, Mapping and Demographic software desirable.
  • Requires a driver’s license and a good driving record.

 

EDUCATION/TRAINING:  

  • Bachelor’s degree in Real Estate, Finance, Business or related field is preferred
  • 5 to 7 years’ experience in Commercial Real Estate, Development, Finance or Corporate Real Estate Management with emphasis in Commercial/Retail/Fuel/Fast Food/C-Store industries.

 

The physical requirements described herein are essential functions of this job. The Company complies with all federal, state, and local laws concerning the employment of persons with disabilities, including providing reasonable accommodation to qualified individuals with a disability so they can perform the essential functions of a job unless doing so creates an undue hardship.

 

Job duties may change with or without advance notice.