real estate manager

Now Brewing - real estate manager! #tobeapartner This job contributes to Starbucks success by collaborating with all Store Development Managers within a region while leading the existing store portfolio renewal workload; developing/executing existing store relocation strategy; and leading the selection and lease negotiations for future retail sites within a defined portion of a given trade area. Models and acts in accordance with Starbucks guiding principles. As a Starbucks real estate manager your will… - Researches new and existing submarkets through broker networks, new market surveys and visits. Meets with landlords and city representatives. Responds to unsolicited site submittals. - Within a limited scope, manages all aspects of market development. Participates in strategic planning. Updates target lists, maps and target books. Conducts title searches. Analyzes site surveys and leases. Tours regions with visits to competitors and existing sites. Prepares letters of intent, confirmation letters, site surveys requests, pro formas and site submittals. Coordinates design and constructions issues with internal partners and landlords. Resolves legal and lease issues. - Coordinates the market planning process with an SDM, managing all aspects of market development, touring new markets, touring existing markets with anticipated renewals, remodels, requested relocations/expansions or potential closures and develops strategic plans. - Tours regions to visit competitors and review under-performing assets (UPA's). Responsible for optimizing and creating long term lease asset value. Compiles integrated market strategy report. - Assists with resolution of issues related to facilities, renovations, and landlord improvements. Maintains active relationships with regional landlords. Oversees the negotiation of landlord issues, including but not limited to: lease renewals for optimum profitability, store expansions, store relocations and property management issues. - Functions as a key contact for information gathering and distribution to and from brokers, consultants and various other external and internal partners - Researches real estate markets, responds to real estate inquiries - Tracks key milestone project dates and communicates required information to all internal and external partners. - Prepares and analyzes lease evaluation packages, including proforma and financial reports. Evaluates leasing decisions, ensuring that leases are renewed in a timely manner with optimum profitability. - Assist with the preparation of letters of intent, creation of the project proforma, drives the territory, tours with operations, negotiates LOI, leases, and lease renewals to meet and exceed company standards. Meets with landlords and city representatives. - Assist with the research of new and existing submarkets through broker networks, new market surveys and visits. Responds to unsolicited site submittals. - Works cross-functionally with all team members of the Store Development business unit.

Qualifications:

We'd love to hear from people with... - 3-5 years of Retail or restaurant new store rollout experience - 3-5 years of Financial planning and market analysis - 3-5 years of Project management experience in a chain store, retail or commercial brokerage - 3-5 years of Real estate deal-making and negotiations Required Knowledge, Skills and Abilities: Relationship Management: - Effective communication and fundamental ability to influence - Contributes to the success of a high performing team - Ability to prepare and deliver effective presentations Project Management: - Intermediate project management skills - Understanding of typical project timelines - Basic knowledge of budget estimating Data Management - Ability to interpret and make fundamental assessments and decisions based on data and reports. - Fundamental financial and marketing analytics Real Estate Knowledge - Full understanding of industry and real estate best practices and standards - Negotiating skills - internal and external - Understand lease language, understanding the LOI - Market expertise - continuum - Preliminary market planning and strategy (application) site selection and planning, owning a market and trade area Communication and presentation skills (written and verbal) - Prepare and present a portfolio review - Store Development Knowledge - Experience with industry and Starbucks real estate best practices and standards - Solid understanding of store development role in Starbucks’ success Join us and be part of something bigger. Apply today! Starbucks and its brands are an equal opportunity employer of all qualified individuals. We are committed to creating a diverse and welcoming workplace that includes partners with diverse backgrounds and experiences. We believe that enables us to better meet our mission and values while serving customers throughout our global communities. People of color, women, LGBTQIA , veterans and persons with disabilities are encouraged to apply. Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal state and local ordinances. Starbucks Corporation is committed to offering reasonable accommodations to job applicants with disabilities. If you need assistance or an accommodation due to a disability, please contact us at 206-318-0660 or via email at applicantaccommodation@starbucks.com