National Real Estate Manager
McDonald's
- Sioux City, IA
- Permanent
- Full-time
- Develop, maintain, and implement a comprehensive, strategic market plan for a defined territory and lead daring new store growth goals
- Maintain strong market knowledge and an understanding of McDonald’s coverage gaps, target markets, trends, projected home/work/shop growth, competition, and other factors that build real estate opportunities
- Lead network of real estate brokers to identify potential sites for new restaurant development and relocations
- Conduct sites tours with National RE Lead and Development Director to gain field approval of proposed sites
- In conjunction with McDonald’s Analytics team, estimate and analyze sales performance of new restaurants to ensure accurate forecasting
- Prepare and present detailed, professional new restaurant site packages for Real Estate Committee approval
- Prepare and negotiate terms of letter of intent (LOI) and work with internal legal representation to negotiate lease or purchase contract for all approved sites
- Partner with coordination and construction teams to ensure project moves smoothly through due diligence, entitlements, and construction phases. Real estate stays with the project through opening and beyond. Oversee and lead each deal from initial market plan through LOI to opening
- Participate in weekly development department project status meetings and lead associated critical dates
- BA/BS degree in a real estate or business field strongly preferred
- Commercial real estate experience in single-tenant real estate site selection and acquisition
- Experience developing new, ground up construction, not just brokerage or sales experience
- Resourceful at identifying and evaluating restaurant site locations (availability, access, population trends, sales potential, and competition.)
- Strong negotiating skills
- Experience with municipal planning and zoning procedures
- Proven project management and networking skills; established industry relationships
- Proactive, innovative, and critical thinking/project manager
- Strong written and oral communication
- Excellent interpersonal, persuasion and teamwork skills
- Ability to engage and influence Senior-level executives and stakeholders
- Willingness to be flexible, adaptive, and to operate in a dynamic, fast paced environment
- This is a travel intensive position with the potential of 50%+ travel