Director of Real Estate Development

Description 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. Other job-related duties as requested and/or required to accomplish the goals of the position. 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: 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. Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor. #J-18808-Ljbffr