Real Estate Manager - Chicago, United States - QuikTrip

QuikTrip
QuikTrip
Verified Company
Chicago, United States

2 weeks ago

Mark Lane

Posted by:

Mark Lane

beBee recruiter
Description
Houston, TX

  • Austin, TX
  • San Antonio, TX
  • Dallas/Ft. Worth, TX
  • Chicago, IL
  • Atlanta, GA
The primary purpose of this position is to assist in identification of potential new store locations.

This includes managing the acquisition of approved locations and assisting in obtaining the necessary zoning, variances plan approvals and permits for the construction of new stores and store projects to meet the goals of the Strategic Plan.

You must also represent the company's interests in the local real estate and development community. This position will report to the Director of Real Estate or Division Real Estate Manager.


The requirements for this position include:

  • College degree in project management, engineering, business, real estate or equivalent experience.
  • Two years' experience in commercial real estate acquisition and/or development
    or:
  • Two years' experience in QT management/Store Development.
  • Be able to manage all aspects of large projects, excellent negotiating/supervisory and organizational skills.
  • Personal computer skills.
  • Critical thinking and problem solving skills.
The hours for this position are generally Monday - Friday, 8:00 a.m. to 5:00 p.m., but may vary according to projects and deadlines. The pay range for this position can be up to $125,400-$156,800 per year, depending on related experience and qualifications. Applicants will most likely have to complete a lengthy training period prior to moving into this salary range.

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More Job Description Details:_


Major functions for this position:


  • Maintain a sufficient number of locations for review and approval by the Director of Real Estate or Division Real Estate Manager to achieve the goals of the Strategic Plan.
  • Develop and maintain expert knowledge of each box and area as assigned.
  • Identify and research potential sites.
  • Prepare Site Approval packages per the guidelines.
  • Develop an acquisition strategy for placing a site under contract:
  • _i. Obtain the correct location._
- _ii. Control land costs._
- _iii. Expedite the acquisition process._

  • Meet the productivity goals of site approvals that are established for the current fiscal year.
  • 25%
  • Negotiate all deals to the company's utmost benefit.
  • Employ perseverance and a sense of urgency.
  • Utilize creative real estate strategies.
  • Maintain a network of skilled, productionoriented real estate brokers.
  • Understand the basic real estate values in the market.
  • Meet productivity goals of contracts signed that are established for current fiscal year.
  • 25%
  • Assist the Real Estate Project Manager in the representation of the company on zoning, planning, variance and permitting issues.
  • Meet with state, county and city planning, zoning and engineering departments.
  • Attend relevant public meetings.
  • Understand the area's political arena.
  • Develop and maintain professional relationships with utility companies, governmental agencies, elected officials, developers, brokers, investors, landlords, attorneys, consultants and title companies.
  • Participate in various public initiatives that benefit the company.
  • 10%
  • Assist the Real Estate Project Manager in overall project management.
  • Conduct a handoff of project information.
  • Assist with the development, implementation and maintenance of the critical path.
  • Assist with development strategies involving:
  • _i. Site development process._
- _ii. Satisfaction of federal, state, and local municipal requirements._
- _iii. Retention of QuikTrip standards for site development._
- _iv. Profitability of location._
- _v. Limitation of dead deal costs. _

  • Provide timely project reporting and tracking, pursuant to the current store development standard and procedures.
  • 5%
  • Prepare and manage contracts, leases, easements and development agreements.
  • Ensure all such documents are completed timely, accurately and serve the best interests of the company.
  • Coordinate with local attorney or QuikTrip General Counsel or Corporate Counsel.
  • Review with the Director of Real Estate or Division Real Estate Manager.
  • Ensure all deadlines are met in a timely manner.
  • Review and prepare documents for close of escrow.
  • Ensure Title Insurance policy and commitment are correct and meet the standard and procedures.
  • 15%
  • Coordinate documents between Sellers, Neighbors, and Store Development personnel.
  • Easements.
  • Escrow Agreements.
  • Development Agreements.
  • Utility plans.
  • Property dimensions.
  • Miscellaneous documents.
  • 10%
  • Assist the Director of Real Estate, Division Real Estate Manager, Regional Director of Real Estate or Vice President of Real Estate with special projects.
  • Manage the Sale Lease Back Program as needed and negotiate with existing Landlord's for potential store buyback purchases to facilitate redevelopment of our new store prototype.
  • Manage the Surplus Property Program as needed
  • Manage operating store lease extensions, right of first refusals, amendments and
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