McDonald's · 1 day ago
Supervisor, Real Estate Portfolio - West Coast
United States
Full-time
Remote
Mid Level
$93K/yr - $117K/yrMcDonald's is a globally recognized brand focused on growth and creating positive impacts. The Supervisor of Real Estate Portfolio will lead initiatives to improve existing real estate assets and collaborate with various stakeholders to optimize the real estate portfolio.
Restaurants
Responsibilities
Improves existing asset base by leading and ensuring resolution of property issues, including but not limited to, Condemnations, Easements, CAM Disputes, Lease and Land Rights protection, Estoppel Requests, Excess Property, Consents from Landlords, Co-tenants, Abutters, etc., where required as part of any development initiatives and Non-monetary Defaults
Proactively finds opportunities for income potential in real estate assets (e.g., cell towers, air rights, unidentified marketable real estate excess, easements, CAM opportunities, billboards, etc.)
Utilizes current Development Standards to optimize the sales performance of existing restaurants (e.g. visibility, 24 hour, drive-thru, landscaping, signage, access, egress, easements)
Renegotiating agreements with Landlords & Co-tenants where necessary to facilitate required site remedies &/or development initiatives
Analyzes and makes recommendations for underperforming real estate assets
Collaborates with Real Estate Portfolio Manager and others to create, maintain and update the Vision Plan for the existing real estate portfolio
Negotiates terms and conditions of real estate agreements for additional property as required for existing locations
Assembles and presents Rebuild and AP site packages to management for approval
Works with Construction to secure all required approvals from Landlord or Third Parties
Work closely with Real Estate Portfolio Manager, Legal Department Attorneys, Finance, REF Accounting, Asset Managers, Franchisees, landlords and governmental authorities on defaults, CAM questions, property tax, tenant/landlord inquiries and disputes, easements, condemnations, litigation, and violations
Build and maintain relationships and dialogue with the Field Office leadership, Franchisees, landlords, and governmental authorities
Represent McDonald’s by participating in professional organizations and attending public hearings
Conduct regular communication with Field Office Restaurant Development Management to maintain alignment with the regional plan and to participate in the Field Office planning process
Consult with the Coordinators, Franchisees, Construction Managers, and Operations regarding issues related to maintaining the property by coordinating internal and external resources
Meet with Landlords and resolve issues such as common area responsibility and compliance, conduct on-site inspections to observe and resolve issues and problems
Working with Legal Department Attorneys, governmental authorities, Area Construction Managers, and outside consultants for the following matters related to condemnations: a) estimating value of improvements taken and cost to restore (e.g. curbing, asphalt, outdoor playlands, sign relocation, landscaping); b) following municipality w/code; c) negotiating compensation from condemning authority; d) preparation of condemnation impact reports; e) revising and implementing legal documents
Working with Finance Managers and Legal to initiate Legal notice and default for past due accounts receivable for Tenant properties
Working with the Region and Excess Property Team on store closing processes and transitioning the property Landlords or disposition
Qualification
Required
Degree or equivalent in a real estate related field preferred
Commercial real estate experience, Property management, paralegal or title company background with real estate or construction experience
Proficiency in lease/contract analysis and negotiation
Understanding of governmental processes such as permitting, zoning, special use, licensing, and condemnations; competency in use of surveys, site plans, and building plans; understanding of RE tax abatements
Ability to own the outsourcing of facilities and property maintenance and excess property, superior relationship building, interpersonal skills, both written and verbal, and strong real estate financial acumen
Benefits
Health and welfare benefits
A 401(k) plan
Adoption assistance program
Educational assistance program
Flexible ways of working
Time off policies (including sick leave, parental leave, and vacation/PTO)
Company
McDonald's
McDonald’s is the world’s leading global foodservice retailer with over 37,000 locations in over 100 countries.
Founded in 1955
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Darryl Webb
Multi Unit Franchise Owner - President / CEO
Douglas Gehrig
CEO
Recent News
2025-10-07
The Motley Fool
2025-10-07
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