Sr. Real Estate Manager

4 weeks ago


Raleigh, United States CareerBuilder Full time

Summary Description: This position is responsible for performing field work necessary for new property acquisitions within an assigned territory. These activities and negotiations which are related to property acquisitions include letters of intent, contracts, leases, project management, due diligence issues, and other real estate matters. Partners in developing acquisition strategies, market analysis, and research in partnership with field staff and/or brokers. Responsible for collaborating with the Real Estate Leadership in strategy, lease renewals, rebuilds, and implementing the recommendations of the Senior Leadership Team in their area of geographic responsibility.

Develops and analyzes data on the desirability of available sites in terms of present and anticipated commercial activity, area demographics, traffic flow, ease of access, site and construction cost, projected sales analysis, local zoning regulations, real estate taxes, etc.
Reviews ongoing projects, provides status updates, examines milestones and introduces new opportunities to Real Estate leadership.
Partners with brokers to source potential sites for new restaurants.
Recommends potential new sites to upper management.
Reviews status of program discrepancies, determines delay impacts and adjusts resources to stay on course.
Visits and inspects prospective properties to determine suitability. Reviews market with broker and operations to select sites based on industry knowledge and company criteria.
Analyzes market and develop strategic plan for short-term and long-term acquisition with Strategy team and Operations to understand potential developments and trends.
Manages relationship with brokers, attorneys, landlords/sellers on potential sites; autonomously authors negotiating letters of intent, leases agreements, and real estate contracts for approved sites.
Communicates with brokers to review ongoing projects and new opportunities.
Collaborates with cross-functional Development team to review ongoing projects and new projects and opportunities.
Assumes additional responsibilities as assigned.

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