Real Estate Development Manager
Holiday Stationstores · Minnetonka, MN · 4 wk ago
ManagementFull-time
Responsibilities
- Provides data and guidance for Financial Analyst to run financial models (in coordination with operations management, fuels management and construction management, etc.) to qualify new sites for lease or purchase.
- Negotiates Purchase contracts with sellers and leases with Landlords.
- Prepares real estate proposals and contracts for management approval.
- Provides guidance and support to Real Estate Coordinator on organizing real estate market tours for bulk acquisition projects, periodic market reviews and new to industry projects.
- Compiles site ride binders and market summaries.
- Assists Real Estate Director to oversee due diligence, entitlement activity, beer and wine applications, escrow closings, including meeting with government officials and public hearings.
- Assists in coordinating with architects, engineers, attorneys and other consultants.
- Works closely with internal management team to design projects.
- Ensures compliance with requirements, policies and regulations.
- Performs other duties as necessary.
- Achieves financial objectives by preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions.
- Allocates program costs by preparing operational and risk reports for analyses.
- Maintains staff by recruiting, selecting and orienting employees.
- Maintains staff job results by training, coaching, counseling and disciplining employees; planning, monitoring and appraising job results.
- Maintains professional and technical knowledge by attending educational workshops; reading professional publications; establishing personal networks; or participating in professional societies.
- Contributes to team effort by accomplishing determined Financial and Key Result Area targets pursuant to Company Plan guidelines.
Qualifications
- Bachelor’s degree in Finance, Business or related field preferred. Other combinations of job related experience and education that meet the requirements may be substituted.
- Three years of experience in General Commercial Brokerage, Development, Finance or Corporate Real Estate Management with emphasis in Commercial/Retail/Fuel/Fast Food/C-Store industries or more preferred; including minimum of one year of management responsibility.
- Experience with MS Outlook, Excel, PowerPoint, Access, Mapping and Demographic software desirable and Word preferred.
- Demonstrated ability to purchase and develop retail location.
- Knowledge of West Coast Real Estate markets to include California, Washington and Oregon.
- Working knowledge of broker networks, market valuations for real property and leasehold investments.
- Strong team orientation with excellent interpersonal skills and able 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 travelling primarily in the three states, including some overnight travel (50% of travel).
- Previous experience in gasoline retail management desirable.
- Requires a driver’s license and a good driving record.
Requirements
- Sit for long periods of time.
- Operate computer keyboard and mouse for data entry.
- View computer monitor.
- Hear and speak via telephone.
- Reach forward and/or overhead.
- Occasionally lift up to 20 pounds.
- The noise level in the work environment is usually moderate at a normal range.
- The lighting will include natural light from the outside as well as fluorescent lighting throughout the work areas.
- Work with minimum direction and periodic supervision.