Real Estate Portfolio Manager, Western Canada
1 month ago
About Restaurant Brands International Inc:
We are one of the world's largest quick service restaurant companies with over $40 billion in annual system-wide sales and over 30,000 restaurants in more than 100 countries. Our company owns four of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS, BURGER KING, POPEYES, and FIREHOUSE SUBS.
Overview:
The Tim Hortons Real Estate team manages over 4,000 properties across Canada and the US. This role is an exciting opportunity to join our team as a Senior Manager, Real Estate Asset Management for the Western Canada region. This position works closely with the broader Tim Hortons Development Team and the Tim Hortons Real Estate leadership team to shape the direction of our real estate portfolio in Canada and the US.
Key Responsibilities:
- Manage the Tim Hortons real estate portfolio for Western Canada, primarily focused on lease renewals
- Renege and negotiate leases with external landlords: negotiate market rates, key clauses in leases, and extension options
- Develop and maintain relationships with landlords, developers, and brokers
- Work with legal counsel to complete leases and amendments
- Additional responsibilities: support property purchases, dispositions, renovations, adding drive-thru lanes, etc.
- Prepare approval memos, updates, and recommendations related to your portfolio for the Tim Hortons Real Estate Committee
- Complete ongoing market and property analyses, including regular site visits and market tours
Educational Requirements:
- Bachelor's degree in business, real estate, or similar field
Preferred Qualifications:
- 4+ years in commercial real estate leasing experience
- Experience negotiating and drafting commercial leases
- Market knowledge of commercial leasing industry, market rates, landlords, large-scale developments in Canada, and general real estate trends, particularly in Western Canada
- Strong organizational, communication, and presentation skills
- Ownership mentality and ability to close out deals
Estimated Salary Range: $120,000 - $180,000 per annum
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