Real Estate Manager

The QuikTrip Store Development department is now accepting applications for a Real Estate Manager I to work in an existing QT market or RSN market. We are open to the following cities: 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. More Details: Major functions for this position: 1. 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% 2. 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, production-oriented 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% 3. 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% 4. 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% 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% 6. Coordinate documents between Sellers, Neighbors, and Store Development personnel. Easements. Escrow Agreements. Development Agreements. Utility plans. Property dimensions. Miscellaneous documents. 10% 7. Assist the Director of Real Estate, Division Real Estate Manager, Regional Director of RealEstate 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 buy-back 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 other requirements as outlined in the operating store leases. Provide updates to the project owner. 5% 8. Maintain open, ongoing communication with construction personnel. Attend pre-bid and pre-construction meetings as needed. Ensure accurate preparation of bid and construction documents. Provide details of all design, permitting, utility, signage, landscaping and potential construction issues. Provide ongoing assistance to the Construction Manager in the areas of issue/conflict resolution and cost control. 5% Position in Organization: Reports to: Director of Real Estate or the Division Real Estate Manager Directly supervises: N/A Indirectly supervises: Store Development Coordinator Relationships: Inside the Company: Store Development, Corporate Counsel, Store Development Accounting, and Operations staff. Outside the Company: Brokers, developers, surveyors, engineers, architects, governmental officials, attorneys, investors, property owners and other consultants. Position Specifications: The required specifications (education, experience, and skills) are those that the employee must have to hold the position. Applicants applying for this position must possess the required specifications to be considered for the job. The desired specifications are those that are not required for the employee to hold the position but the employee should try to obtain the desired education, experience, and/or skills to be effective and successful in the position. Required education: College degree in Real Estate, Business or Engineering or equivalent experience. Desired education: Advanced degree in Business or Engineering. Required experience: Two years' experience in commercial real estate acquisition and/or development or two years' experience in QuikTrip management/Store Development. Desired experience: Three years' experience in a commercial real estate acquisition and/or development. Required skills: Layout site plans, estimate construction costs, excellent negotiation skills, communications and organizational skills. Personal computer skills. Critical thinking and problem-solving skills. Desired skills: Experience in site selection, contract and lease negotiation and project management Job Type: Full-time Pay: $125,400.00 - $156,800.00 per year Benefits: 401(k) 401(k) matching Dental insurance Employee assistance program Flexible schedule Flexible spending account Health insurance Life insurance Paid time off Parental leave Professional development assistance Referral program Relocation assistance Retirement plan Tuition reimbursement Vision insurance Experience level: 2 years Schedule: 8 hour shift Monday to Friday Education: Associate (Preferred) Experience: Real Estate acquisition: 2 years (Preferred) Real Estate Development: 2 years (Preferred) Ability to Relocate: Atlanta, GA: Relocate before starting work (Required) Work Location: In person #J-18808-Ljbffr