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The Junior RE Development Manager provides data and guidance for financial modeling, negotiates contracts, prepares proposals, assists with due diligence and project coordination, and manages staff to achieve financial targets in the retail/fuel real estate sector.
Job Responsibility:
Provides data and guidance for Financial Analyst to run financial models 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
Compiles site ride binders and market summaries
Assists Real Estate Director to oversee due diligence, entitlement activity, beer and wine applications, escrow closings
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
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
Maintain 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
Requirements:
Bachelor’s degree in Finance, Business or related field preferred
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
Minimum of one years 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