Director of Real Estate Development

Essential Duties And Responsibilities

• Lead a team to plan and execute real estate acquisition, development, design, construction and use strategy.
• Lead due diligence process for acquisitions, as appropriate.
• Drive all real estate acquisition and development initiatives organization-wide optimizing property use, productivity and return on investment.
• Identify, source and analyze new real estate investment opportunities leveraging internal resources to compile financial investment analysis and pro-forma modeling of new developments and proposed improvements.
• Prepare financial analyses and business cases for potential real estate investment/development opportunities, including comprehensive market and demographic research, to present to senior leadership for consideration.
• Negotiate contracts, including but not limited to, land and building purchase and improvement contracts and lease agreements.
• Lead collaboration with all internal and external parties and stakeholders, including land-use planners, real-estate professionals, architects, engineers, construction building contractors, consultants, attorneys, company leaders, finance team members, and the internal real-estate team to identify, develop and manage all real estate projects.
• Ensure effectiveness of all communication and updates on project plans, including but not limited to, structuring and leading regular real estate meetings including appropriate follow-up.
• Ensure company leaders are apprised of progress and developments, as appropriate.
• Develop budgets and collaborate with company leaders and finance team to coordinate and gain approval for any financing requirements.
• Ensure full compliance with all applicable federal, state and local laws and regulations.
• Oversee Lease Management actions for existing Store properties, including the execution of timely and approved lease renewals/terminations.
• Oversee “Third Party Tenant” activity including leasing, Tenant Improvements and other property management requirements.
• Regularly conduct research to remain abreast of national and local trends within both the market and the c-store industry.

Essential Requirements

• Minimum of 8 years of experience negotiating complex agreements.
• Bachelor’s degree in Business Administration, Real Estate, Finance or a related field.
• Strong organizational and project management skills.
• Robust interpersonal skills and highly effective communication, presentation and listening skills.
• Strong financial analysis skills with ability to analyze and understand complex financial models and structures and identify and evaluate corresponding opportunities and risks.
• Able to effectively communicate in English, in both written and oral forms.
• Must be proficient in Microsoft Office Suite, including Outlook, Excel, PowerPoint and Word.
• Must be able to work varied hours/days as business dictates.
• Must be at least 21 years of age.
• Must have reliable transportation.
• Must be able to attend meetings offsite (raw land, construction sites) prioritizing safety compliance.
• Must have basic knowledge of Architectural, Civil and Engineering plan sets.

Preferred Skills And Experience

• Previous real estate experience.
• Real estate license or other CRE certification (Broker, Property Manager, Leasing Agent).
• Previous retail and/or other service industry experience.
• Basic knowledge of construction industry, practices, means and methods.
• MBA or MS in Real Estate or Finance.