Area Real Estate Manager

4 weeks ago

Ottawa, Ontario, Canada McDonald's Corporation Full time
Company Description:

At McDonald's, we are committed to being the best, and that starts with finding the best people. We have built a team of extraordinary people from around the world. We are problem solvers, risk takers, innovators, and thought leaders that take our work seriously, but have fun doing it. We challenge ourselves to get smarter and sharper every day, we value personal and professional growth, and believe in rewarding and celebrating our successes.

Job Description:

The Restaurant Development Department is hiring an Area Real Estate Manager, based in our Toronto office. The role reports to the Senior Real Estate Manager, Ontario. This individual will, within an assigned geographical area, be responsible for sourcing and negotiating deals for locations for new McDonald's.

You will strive to make continuous improvements to the existing, growing real estate portfolio, by securing quality locations that will maximize income and return on investment. Your primary objective will be to contribute to the Development Plan, primarily in producing new, freestanding locations and leading deals through internal approvals, contractual negotiations, ground breaks, openings.

Key Customers include the restaurant customers, Regional and National Leadership, Development Team, Owner Operators and Regional Staff.

- Maintain strong market knowledge and understanding of assigned region, including coverage gaps, opportunities, trends, projected home/work/shop growth, competition, and other factors that contribute to knowledgeable real estate decisions.
- Identify and acquire real estate for freestanding locations, including negotiating terms and conditions of real estate agreements (up to the executed L.O.I. or Offer to Lease) and if required, partner with the Real Estate Transaction Manager to optimize the site development and internal approval processes.
- Collaborates with key customers to create, maintain and update the 3 Year Strategic Plan.
- Vision Planning - Gathers and analyzes information on the potential of the market and each restaurant in assigned geographical area.
- Assists with presentation of site packages to management for approval.
- Coordinates the presentation of development opportunities to Owner Operators/McOpCo.
- Partners with the Area Construction Manager to prioritize development opportunities to ensure best use of capital (e.g., timing, funding and returns) within the region.
- Creates, and executes the development plan to meet portfolio returns and goals of the Development Team.
- Ensures best location/best value for all real estate acquisitions.

Qualifications:

- 5-7 years Commercial Real Estate experience with demonstrated experience in site selection and unit acquisition, combined with effective negotiation skills.
- Experience in the Quick-Service-Restaurant (QSR) industry is considered an asset.
- Strong Real Estate Knowledge and experience within the province of Ontario.

- Collaborative and communication skills: Excellent written, oral, interpersonal, and presentation skills and the ability to effectively collaborate with management, staff, and external partners.
- Innovative problem-solving skills: Critical thinker and ability to escalate when assistance is needed in a timely manner.
- Project management experience: Strong organization and multi-tasking skills with the ability to make critical decisions to drive project success.
- Technical skills: Advanced skills in Microsoft Word, Excel, and PowerPoint.
- Agility: Ability to work in fast-paced environment with the ability to adjust quickly to change; multi-functional matrix organization experience is an asset.

Additional Information:

McDonald's Canada and Owner/Operators are committed to a diverse and inclusive workplace for all. Our workplaces have a long-standing policy of providing fair, equitable, and accessible opportunities for all employees and prospective employees. Accommodations during the application process are available upon request.

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