Manager, Real Estate jobs in United States
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Brinker International · 9 hours ago

Manager, Real Estate

Brinker International is a company that supports its restaurant brands, Chili’s® Grill & Bar and Maggiano’s Little Italy®. The Manager of Real Estate will assist in planning and managing new restaurant developments and relocations to maximize profitability in line with the company’s growth strategy.

Food and BeverageFranchiseHospitalityRestaurants

Responsibilities

Maintain established market development plans in addition to making recommendations to RED’s on real estate execution strategies for new restaurant site selection and relocation
Maintain status of current market conditions in assigned territory to include knowledge of all competitive changes in the market area and an understanding of the primary differences between competitors
Work with the REDs to identify, evaluate and negotiate deals for new restaurant locations and relocations including the coordination with Legal, Finance, Operations, Architecture, Construction and other key internal partners
Plan and conduct market tours with brokerage partners for corporate leadership to secure preliminary approval of prospective site opportunities
Prepare and participate in the presentation of real estate site packages for approval to the Restaurant Site Approval Committee. This includes a comprehensive analysis for each proposed lease, which should accurately reflect all economic, real estate and legal issues pertinent to the lease, including the return on investment for each proposed site
Support the REDs in the management and coordination of our broker networks across the US
Develop and maintain strong business relationships with brokers, landlords, developers and other retailers
Assist Property Development Managers in obtaining information from brokers, developers and landowners related to design criteria and / or other factors impacting the layout or design of the new restaurant
Review LOI drafts and deal points with REDs in addition to final drafts with legal team
Engage with project team members and maintain an active role in the transaction from Site Approval through restaurant opening
Support Asset Management team with RE guidance on lease renewals, property disposition, and/or property acquisition of existing locations
Participate in weekly Restaurant Development meetings and provide up to date project status reports regarding acquisition of sites and associated critical dates
The Real Estate Manager is expected to work well in a collaborative team environment and be able to work effectively in the field and office with minimal direction
Maintain membership at ICSC and represent the company at selected ICSC functions

Qualification

Real Estate ManagementNegotiation SkillsMarket ResearchAnalytical SkillsLegal KnowledgeFinance KnowledgeBachelor's DegreeCommunication SkillsOrganizational SkillsProblem-SolvingTeam Collaboration

Required

Three to five years as a Real Estate Manager (or related position) in a restaurant, retail or hospitality environment
Familiarity with negotiating real estate lease renewals as well as new real estate deals – direct experience is a plus
Ability in troubleshooting and problem-solving real estate and business-related problems
Excellent analytical, verbal and written communication skills
Proven ability to build effective relationships with internal and external customers
Must have excellent organizational skills to ensure work gets done effectively and timely
Demonstrated ability to handle multiple tasks and to be able to work both independently and as part of a team
Willingness and ability to travel up to 50%
Legal, market research and/or finance experience/knowledge a plus
Real Estate / Lease related functions
Excellent negotiation skills
Bachelor's degree in business, real estate, or related field

Benefits

Flexibility that fits your life: Hybrid schedules with weekly flex days to work from home.
Benefits that support you: Competitive package with medical, dental, and vision coverage; life insurance; paid vacation and holidays; 401(k) with company match; Employee Assistance Program with counseling, financial, legal, and life resources; and Best You EDU, offering education programs and tuition reimbursement.
Enjoy our brands: Generous dining discounts at Chili’s® Grill & Bar and Maggiano’s Little Italy®.
Rewards for your impact: Annual bonus eligibility for every RSC Team Member.
Wellbeing at work: On-site gym and fitness classes like yoga and boot camp.
A culture worth celebrating: From company-wide events to a casual, collaborative atmosphere, you’ll find plenty of ways to connect, work hard, and play hard.

Company

Brinker International

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Brinker International is an owner and operator of multiple casual dining restaurants.

Funding

Current Stage
Public Company
Total Funding
$350M
2023-06-20Post Ipo Debt· $350M
1984-01-13IPO

Leadership Team

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Douglas Brooks
Former CEO, President and Chairman of the Board
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James Butler
SVP & Chief Supply Chain and Corporate Strategy Officer
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Company data provided by crunchbase