Company

Circle KSee more

addressAddressBarrington, IL
type Form of workFull-Time
CategoryReal Estate

Job description

JOB SUMMARY

The main objective of the Development Manager in the Saint Louis area is to acquire and entitle locations for Circle K stores including New-To-Industry projects, Raze & Rebuild projects, Single Store Acquisitions, and Relocation projects. The Development Manager is responsible for site selection, contract negotiation, obtaining management approval, and securing entitlements. The Development Manager will work in conjunction with the Construction Department and outside consultants to ensure entitlements are processed in a timely fashion. The Development Manager will also participate in an ongoing strategic review of company Real Estate assets.

DUTIES & RESPONSIBILITIES

  • Prepares Market Development Plans by segmenting markets into smaller trade areas, and creating a growth plan for each area that includes targeting parcels for new stores and competitive stores to acquire.
  • Works with financial models to qualify projects for lease or purchase.
  • Negotiates Purchase contracts with sellers and leases with Landlords.
  • Prepares Real Estate proposals and contracts for management approval.
  • Initiates and organizes Real Estate market tours for site selection and market reviews. Compiles site ride binders and market summaries.
  • Manage the progress of due diligence activities, entitlement activities, beer and wine applications, escrow closings, etc.
  • Meet with government officials and attend public hearings. Coordinate with architects, engineers, attorneys, and other consultants. Work closely with the internal management team to design projects.
  • Manage portfolio rationalization analysis - compiling valuation and timing strategies.
  • Ensure compliance with requirements, policies, and regulations.
  • Perform other duties as necessary.

ESSENTIAL JOB FUNCTIONS FOR REAL ESTATE MANAGEMENT

  • Bachelor's degree preferred
  • 2 to 7 years experience in Commercial Real Estate, Development, Finance, or Corporate Real Estate Management with an emphasis in the Retail, Fuel, or Fast Food industries.
  • Demonstrated ability to purchase and develop retail locations.
  • 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. Self-motivated, self-directed individual with strong organizational skills required.
  • Requires travel, including some overnight travel.
  • Previous experience in gasoline retail management/site selection is desirable.
  • Proficiency in Word and Excel required. Proficiency in PowerPoint, Access, Mapping, and Demographic software desirable.
  • Requires a driver's license and a good driving record.

#LI-CS1


Circle K is an Equal Opportunity Employer.
The Company complies with the Americans with Disabilities Act (the ADA) and all state and local disability laws.  Applicants with disabilities may be entitled to a reasonable accommodation under the terms of the ADA and certain state or local laws as long as it does not impose an undue hardship on the Company. Please inform the Company's Human Resources Representative if you need assistance completing any forms or to otherwise participate in the application process.

Click below to review information about our company's use of the federal E-Verify program to check work eligibility:

In English

In Spanish

Employment Type: ["FULL_TIME"]
Refer code: 7843435. Circle K - The previous day - 2024-01-17 13:52

Circle K

Barrington, IL
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