Senior Real Estate Representative jobs in United States
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RaceTrac · 16 hours ago

Senior Real Estate Representative

RaceTrac is a company focused on growth and innovation, and they are seeking a Senior Real Estate Representative to manage real estate operations and store growth. This role involves negotiating agreements and collaborating with various departments to achieve the organization's real estate growth goals.

Food and BeverageOil and GasRetail

Responsibilities

Provides management of the regional real estate activities including land and building acquisitions, leasing, site location and selection, and the disposition of underperforming stores and surplus properties (if applicable)
Negotiates agreements, contracts and leases for existing stores and new sites with full ownership of regional market
Collaborates with the Legal, Engineering, Design, and Construction departments to ensure department and regional real estate goals are met, and partners with these teams in the development process
Maintains an overall knowledge of the processes, procedures, and legalities within the region
Provides ongoing analyses of existing stores’ metrics and new store performance projections; creates and implements solutions to enhance performance and profitability
Conducts on-site visits to evaluate potential locations, gaining firsthand insights to inform decision-making and negotiation strategies for ownership
Offers advice on differentiating between various store types; RaceTrac, RaceWay, or travel center based on best use of land
Collaborates with the real estate analytics team to analyze financial and market research data for each site
Conducts or oversees inspections and evaluations of prospective property acquisitions
Interacts with potential sellers to understand their requirements and effectively market the properties
Work closely with A&D, Engineering, and Construction teams to ensure that project designs are feasible and aligned with objectives
Present proposals for each site at real estate leadership committee meetings, including details on leasing or purchasing options, ROI, project estimates, site approval criteria, and any potential challenges
Conduct or coordinate inspections and evaluations of potential property acquisitions
Connect with prospective sellers to grasp their needs and tailor marketing strategies for the properties
Mentors and develops Real Estate Analysts as needed

Qualification

Real Estate AcquisitionsSite SelectionNegotiationMarket ResearchMS Office SuiteMentoring

Required

Responsible for managing the real estate operations and store growth of a designated region(s)
Negotiating agreements to achieve the organization's real estate growth goals
Collaborates with a Real Estate Manager, Senior Manager, or Director and cross-functional departments
Provides management of the regional real estate activities including land and building acquisitions, leasing, site location and selection, and the disposition of underperforming stores and surplus properties
Negotiates agreements, contracts and leases for existing stores and new sites with full ownership of regional market
Collaborates with the Legal, Engineering, Design, and Construction departments
Maintains an overall knowledge of the processes, procedures, and legalities within the region
Provides ongoing analyses of existing stores' metrics and new store performance projections
Conducts on-site visits to evaluate potential locations
Offers advice on differentiating between various store types
Collaborates with the real estate analytics team to analyze financial and market research data for each site
Conducts or oversees inspections and evaluations of prospective property acquisitions
Interacts with potential sellers to understand their requirements and effectively market the properties
Work closely with A&D, Engineering, and Construction teams
Present proposals for each site at real estate leadership committee meetings
Conduct or coordinate inspections and evaluations of potential property acquisitions
Connect with prospective sellers to grasp their needs and tailor marketing strategies for the properties
Mentors and develops Real Estate Analysts as needed
Up to 50% travel required

Preferred

4+ years' experience with full development lifecycle, real estate acquisitions OR 5+years' related commercial real estate experience strongly preferred
3+ years internal experience in Real Estate, Construction, Engineering, or related field
Proficient with MS Office Suite preferred

Company

RaceTrac

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Headquartered in Atlanta, Georgia, family-owned RaceTrac is one of the largest privately held companies in the United States, serving guests since 1934.

Funding

Current Stage
Late Stage

Leadership Team

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Karla Ahlert
Chief Financial Officer
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John Lukas
CIO and Vice President
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Company data provided by crunchbase