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Real Estate Development Manager
Apply locations Nonstore ON10000305 Toronto ON time type Full time posted on Posted 20 Days Ago job requisition id R427963JOIN OUR TEAM
You may have already stopped for coffee, refueling your car, or eating something on the go. Then you know what Circle K is. Our mission at Circle K is to make our customers' lives a little easier every day. We have grown into a successful global company with over 16,000 stores in 29 countries, serving over 6 million customers every day. In total, more than 150,000 people work in our stores and help desks.
Manager, Real Estate Development
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Department: Real Estate
Location: Toronto, ON
Type of employment: Permanent, Full Time (40 hours)
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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.
Assists Real Estate Director to oversee due diligence, entitlement activity, beer and wine applications, escrow closings, including meeting with government officials and public hearings. Assists in coordinating with architects, engineers, attorneys and other consultants. Works closely with internal management team to design projects.
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. Self-motivated, self-directed 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:
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.
INTERESTED? You're just a few clicks away from joining an exceptional company! Those interested in this position should apply on our career site: https://workwithus.circlek.com/global/en
Circle K attaches great importance to diversity in the workplace and adheres to the principle of employment equity by encouraging applications from designated groups, namely: women, Indigenous peoples, persons with disabilities and members of visible minorities.
We thank all candidates for their interest in this position; Only those selected will be contacted.
Circle K values diversity in the workplace and encourages applications from the following designated groups: women, aboriginal peoples, persons with disabilities and members of visible minorities. We are committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act. Accommodations are available on request in all aspects of the selection process.