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Job Title: Manager, Real Estate
 
Date Posted: 05/02/24 Ref. Number: 407
Type: Full Time Part Time
Location: Vaughan
Requirements: College or Bachelor Degree.
5-10 years of prior experience in retail or restaurant leasing, development, or portfolio management.
Ability to work independently and efficiently with minimal supervision
Advanced negotiation skills.
Superior interpersonal skills.
Excellent written and verbal communication skills.
Description: With our diverse portfolio of restaurants our Home Office Teammates have the opportunity to work on a wide variety of some of the most popular, well-loved brands in Canada. Variety isn’t the only thing we offer – we are passionate about our industry, we celebrate and support diversity of thought, we are innately curious and encourage our Teammates to take ownership. Above all else, we believe in doing the right thing for our people, our communities and our planet.



Role Overview:



The Manager, Real Estate is responsible for sourcing, analyzing, negotiating, presenting, and completing real estate transactions for the brands within their geographic territory.





What you will do in this role:



Achieve the successful and timely selection, negotiation, approvals and lease documentation of locations in order to meet the construction and opening dates according to each brand’s development plan.
Develop and manage Recipe’s broker and landlord relationships, as well as initiating and responding to their own leads.
Provide high level communication in a proactive manner with Brand leaders, Franchising, Design + Construction and Legal Departments to ensure coordination, delivery and efficient management of all transactions.
Conduct tours of sites and markets for Brand leaders, prepared with local market intel, demographic information, market lease rates, competitive sales, market history, and future development plans.
Maintain the accuracy of the real estate department database to ensure accurate reporting.
Manage the preparation of site approval packages to Real Estate Committee(s) for approval.
Negotiate the terms of all leasing documents to meet Recipe’s standards and in accordance with required timelines.
Negotiate the site plan or building requirements, and the Landlord and Tenant’s Work Schedule, and provide guidance on the construction requirements for each location, both internally, as well as with external architects and landlords.
Interface with Market Planning to develop and execute the real estate strategy for each brand.
Interface with the Franchising team to ensure appropriate and accurate communication of real estate opportunities to prospective franchisees.
Interface with the Construction Department to ensure on-time and on-budget store openings are achieved.
Hours per week:
Rate of Pay: TBD
Contact: Sandy Hilliker
Telephone: 905-476-8088 Fax: 905-476-9540
Email: shilliker@jobskills.org