Regional Real Estate Manager

Indianapolis, IN - USA

Monthly Salary: Not Disclosed

Posted on: 12 hours ago

Vacancies: 1 Vacancy

Job Summary

Job Description

Job Title: Regional Real Estate Manager

Department: Real Estate

Location: Indianapolis Indiana

Pay Band: Manager

Job Summary: Regional Real Estate Manager manages assets which include site review acquisition and development of new store locations. Seek opportunities to improve or enhance current properties.

Principal Duties:

Develop and maintain a market optimization plan for assigned geographical territory.

Identify optimum potential new locations quantify cost structure and return on investment including acquisition cost for land or lease versus buy analysis. Prepare detailed site analysis of all proposed new site locations including alternative properties in the area.

Negotiate acquisition of new site locations and define strategies for acquisition and development. Manage the contract process including critical dates in conjunction with legal staff. Partner with the engineering staff and external resources regarding planning and entitlement process. Represent and testify for Wawa at planning and zoning board meetings.

Maintain network of contacts required including brokers developers landlords and outside resources such as legal counsel engineering and traffic consultants.

Effectively manage cost expenses financial projections and minimize potential write-offs.

Participate in internal monthly land development meeting for existing sites and communicate the status of projects in the pipeline. Communicate on a regular basis with legal staff on issues such as REA and access agreements covenants and other documentation required. Participate in post-opening reviews of stores within assigned territory.

Maintain active involvement in local political processes that impact store development within their territory.

Identify by participating in the portfolio process stores that have the opportunity to improve sales with the acquisition of additional property for more retail space and/or parking.

Participate in the disposal of surplus properties as assigned.

Negotiate the terms of additions/acquisitions relative to these site improvement projects with landlords and owners. Conduct the approval process in conjunction with engineering staff and outside resources for the site expansions.

Essential Functions:

Communicate effectively both orally and in writing.
Analyze information and effectively propose solutions.
Highly developed consultative facilitation project management and presentation skills.
High degree of professionalism and confidentiality.
Ability to effectively negotiate.
Handle multiple priorities simultaneously.
Work independently.
Work collaboratively with cross-functional teams.
Excellent negotiating skill.
Extensive travel; requires working outside of normal business hours including evenings and weekends.
Excellent understanding of real estate finance.

Basic Qualifications:

Bachelors Degree in a related field preferred.
Real Estate License preferred.
Minimum of five years of experience in retail and/or commercial real estate. Understanding of retail operations and business model.
Must possess knowledge of local zoning law applications and local site development real estate trends.
Must be based in Indiana or have direct experience working on commercial real estate transactions within Indiana with willingness to relocate to the state if not currently local.

Wawa will provide reasonable accommodation to complete an application upon request consistent with applicable law. If you require an accommodation please contact our Associate Service Center at .

Wawa Inc. is an equal opportunity employer. Wawa maintains a work environment in which Associates are treated fairly and with respect and in which discrimination of any kind will not be accordance with federal state and local laws we recruit hire promote and evaluate all applicants and Associates without regard to race color religion sex age national origin ancestry familial status marital status sexual orientation or preference gender identity or expression citizenship status disability veteran or military status genetic information domestic or sexual violence victim status or any other characteristic protected by applicable law. Unlawful discrimination will not be a factor in any employment decision.

Required Experience:

Manager

Job DescriptionJob Title: Regional Real Estate ManagerDepartment: Real EstateLocation: Indianapolis IndianaPay Band: ManagerJob Summary: Regional Real Estate Manager manages assets which include site review acquisition and development of new store locations. Seek opportunities to improve or enhance ...