Real Estate Development Manager, Circle K

Circle K

Location:
United States, Charlotte

Category:
Real Estate

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

The main objective of the position is to locate sites for Circle K Stores within designated areas of the described territory, with the primary objective to acquire sites via single site development and multiple site acquisition. Responsible for site selection, obtaining management approval and securing entitlements. Ensures timely and successful real estate closings. Initiates projects such as remodels and raise and rebuild projects and works in conjunction with the construction department to ensure entitlements are processed in a timely fashion. Contributes to ongoing strategic review of company real estate assets to include divestment of sites, out of industry and sales of existing sites to franchisees working in conjunction with the franchise department. Work on other real estate activity at existing site level and provide support for licensing issues as needed. Manages existing office lease and building management issues.

Job Responsibility:

Locate sites for Circle K Stores within designated areas
acquire sites via single site development and multiple site acquisition
secure entitlements
ensure timely and successful real estate closings
initiate projects such as remodels and raise and rebuild projects
work in conjunction with the construction department to ensure entitlements are processed in a timely fashion
contribute to ongoing strategic review of company real estate assets
include divestment of sites, out of industry and sales of existing sites to franchisees
provide support for licensing issues as needed
manage existing office lease and building management issues.

Requirements:

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 (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
initiates and organizes real estate market tours for site selection tours, periodic market reviews and new to industry projects
compiles site ride binders and market summaries
manages due diligence, entitlement activity, beer and wine applications, escrow closings, including meeting 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
bachelor's degree preferred
3 to 7 years’ experience in General Commercial Brokerage, Development, Finance or Corporate Real Estate Management with emphasis in Commercial/Retail/Fuel/Fast Food/C-Store industries
demonstrated ability to purchase and develop retail location
preferred knowledge of Southeast US Real Estate markets
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 some overnight travel
preferred experience in C-store development
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.

Nice to have:

Preferred knowledge of Southeast US Real Estate markets
proficiency in PowerPoint, Access, Mapping and Demographic software
preferred experience in C-store development.

What we offer:

Equal Opportunity Employer
compliance with the ADA and disability laws
reasonable accommodation under the terms of the ADA.

Additional Information:

Job Posted:
April 24, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Real Estate Development Manager