Supervisor, Asset Management

Job Description Lead and manage the improvement of McDonald’s existing real estate assets, ensuring resolution of property issues, optimizing asset performance, and supporting development initiatives. Responsibilities Improving Existing Assets Improving existing asset base by leading and ensuring resolution of property issues, including but not limited to condemnations, easements, CAM disputes, lease and land rights protection, estoppel requests, excess property, consents from landlords, co‑tenants, abutters, etc., where required as part of any development initiatives and non‑monetary defaults. Proactively finding opportunities for income potential in real estate assets (e.g., cell towers, air rights, unidentified marketable real estate excess, easements, CAM opportunities, billboards, etc.). Utilizing current development standards to optimize the sales performance of existing restaurants (e.g., visibility, 24‑hour, drive‑thru, landscaping, signage, access, egress, easements). Renegotiating agreements with landlords & co‑tenants where necessary to facilitate required site remedies &/or development initiatives. Analyzing and making recommendations for underperforming real estate assets. Vision Planning / AP Acquisition / Rebuild Packages Collaborating with Real Estate Portfolio Manager and others to create, maintain and update the Vision Plan for the existing real estate portfolio. Negotiating terms and conditions of real estate agreements for additional property as required for existing locations. Assembling and presenting Rebuild and AP site packages to management for approval. Working with Construction to secure all required approvals from landlord or third parties. Relationships/Consulting Working closely with Real Estate Portfolio Manager, Legal Department Attorneys, Finance, REF Accounting, Asset Managers, Franchisees, landlords and governmental authorities on defaults, CAM questions, property tax, tenant/landlord inquiries and disputes, easements, condemnations, litigation, and violations. Building and maintaining relationships and dialogue with the Field Office leadership, Franchisees, landlords, and governmental authorities. Representing McDonald’s by participating in professional organizations and attending public hearings. Conducting regular communication with Field Office Restaurant Development Management to maintain alignment with the regional plan and to participate in the Field Office planning process. Problem Solving and Innovation Consulting with the Coordinators, Franchisees, Construction Managers, and Operations regarding issues related to maintaining the property by coordinating internal and external resources. Meeting with landlords and resolving issues such as common area responsibility and compliance; conducting on‑site inspections to observe and resolve issues and problems. Process Management Working with Legal Department attorneys, governmental authorities, Area Construction Managers, and outside consultants for the following matters related to condemnations: estimating value of improvements taken and cost to restore, following municipal code, negotiating compensation from condemning authority, preparation of condemnation impact reports, and revising and implementing legal documents. Working with Finance Managers and Legal to initiate legal notice and default for past‑due accounts receivable for tenant properties. Working with the Region and Excess Property Team on store closing processes and transitioning the property landlords or disposition. Qualifications Degree or equivalent in a real estate related field preferred. Commercial real estate experience, property management, paralegal or title company background with real estate or construction experience. Proficiency in lease/contract analysis and negotiation. Understanding of governmental processes such as permitting, zoning, special use, licensing, and condemnations; competency in use of surveys, site plans, and building plans; understanding of RE tax abatements. Ability to own the outsourcing of facilities and property maintenance and excess property, superior relationship building, interpersonal skills, both written and verbal, and strong real estate financial acumen. Compensation Bonus Eligible: Yes Long‑Term Incentive: No Benefits Eligible: Yes Salary Range: The expected salary range for this role is $93,208.00 – $116,510.00 per year. Additional compensation may be considered based on experience and other factors. Benefits This position offers health and welfare benefits including medical, prescription drug, mental health, dental and vision coverage, life insurance, and offers sabbatical program, tuition assistance, and flexible work arrangements. Equal Employment Opportunity Statement McDonald’s provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to sex, sex stereotyping, pregnancy, race, color, religion, ancestry or national origin, age, disability status, medical condition, marital status, sexual orientation, gender, gender identity, gender expression, transgender status, protected military or veteran status, citizenship status, genetic information, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. Disclaimer Nothing in this job posting or description should be construed as an offer or guarantee of employment. #J-18808-Ljbffr McDonald's