Real Estate Development Manager - Toronto, Canada - Circle K

Circle K
Circle K
Verified Company
Toronto, Canada

1 month ago

Sophia Lee

Posted by:

Sophia Lee

beBee Recruiter
Description

THE ROLE:

The Manager, Real Estate Development reports to the Director, Eastern Canada Development.

The main objective of the position is to purchase or lease sites for Circle K Stores within designated areas of the described territory, with primary objective to acquire sites via single site development and multiple site acquisition.

Responsible for site selection, financial modeling, obtaining management approval and securing entitlements. Ensures timely and successful real estate closings.

Initiates projects such as remodels, raise/rebuild, relocation projects and work in conjunction with construction department to ensure entitlements are processed in a timely fashion.

Contributes to ongoing strategic review of company real estate assets to include divestment of sites, out of industry and sales of existing sites to franchisees working in conjunction with the franchise department.

Work on other real estate activity at existing site level and provide support for licensing issues as needed. Manages existing office lease and building management issues.


WHAT YOU'LL DO:


  • Prepares Market Development Plans by segmenting markets into smaller trade areas; rides areas and identifies a growth plan for each area that includes targeting parcels for new stores and competitive stores to acquire.
  • Provides data and guidance for Financial Analyst to run financial models (in coordination with operations management, fuels management and construction management, etc.) to qualify new sites for lease or purchase.
  • Negotiates Purchase contracts with sellers and leases with Landlords.
  • Prepares real estate proposals and contracts for management approval.
  • Provides guidance and support to Real Estate Coordinator on organizing real estate market tours for bulk acquisition projects, periodic market reviews and new to industry projects. Compiles site ride material and market summaries.
  • Ensures compliance with requirements, policies and regulations.
  • Performs other duties as necessary.

WHAT YOU'LL NEED:

Education

  • Bachelor's degree in Finance, Business or related field preferred
Experience

  • 5 years' experience in General Commercial Brokerage, Development, Finance or Corporate Real Estate Management with emphasis in Commercial/Retail/Fuel/Fast Food/C-Store industries.
Knowledge and skills

  • Demonstrated ability to purchase and develop retail location.
  • Working knowledge of broker networks, market valuations for real property and leasehold investments.
  • Strong team orientation with excellent interpersonal skills and able to work in a busy environment with multiple changing priorities and deadlines. Must be willing to adapt to the changing responsibilities of the position. Selfmotivated, selfdirected individual with strong organizational skills required.
  • Requires travelling primarily in the region assigned, including some overnight travel. (50% of Travel)
  • Previous experience in gasoline retail management desirable.
  • Proficiency in Word and Excel required.
  • Proficiency in PowerPoint, Mapping and Demographic software desirable.
  • Requires a driver's license and a good driving record.
  • Bilingual (English, French) and asset.

WHY WORK WITH US:


Our job openings allow you to move quickly within a global company, while benefiting from a dynamic work environment that puts people first.

Wherever you are in your journey, we have a place for you.

Here are some of the attractive benefits we offer you:


  • Alimentation Couche-Tard has been named one of Montreal's Top Employers for 2023;
  • A full range of benefits (medical, dental, etc.);
  • Ability to join a pension plan with employer contributions or a stock purchase plan;
  • Discounts for employees in stores and at many of our partners;
  • Paid leave including vacation, sick and personal leave;
  • Scholarship program available to the employee and the employee's children;
  • Learning opportunities to develop new skills and grow professionally in a growing company;
  • Hybrid work.
LI-GO1 #LI-Hybrid
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