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Senior Real Estate Manager

Flynn Restaurant Group

Independence, OHHybridJobNo compensation foundPosted 5mo agoSeen in employer's feed 5 days ago

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At a glance

Compensation
No compensation found
Location
Independence, OHHybrid
Work Authorization
US work authorization required

Job overview

Flynn Restaurant Group is hiring a Senior Real Estate Manager. The Senior Real Estate Manager will lead new development activities for 1-2 brands within the Flynn organization, setting and monitoring development standards and achieving annual and long-term new restaurant development targets. This role drives strategic growth objectives by managing new site pipelines and leading development efforts across disciplines. The manager will also update the Long-Range Growth Plan annually, seeking innovative opportunities for profitable new restaurant growth.

Key focus areas include Develop, maintain, and implement a comprehensive, strategic market plan for specific brand and territory., Maintain strong market knowledge and understanding of specific brands coverage gaps, target markets, trends, and other factors., and Handle network of real estate brokers to identify potential sites for new restaurant development and relocations..

Important skills include Microsoft Office Suite, Communication, Retail Deal-Making, Single-Tenant Real Estate Site Selection, Evaluating Restaurant Site Locations, and Legal Contract Negotiation. Preferred (not required): Highly Organized, Efficient, Adaptable With Technology, and Strategic Market Plan Development.

Skills & qualifications

RequiredNice to have

Skills

Microsoft Office SuiteHighly OrganizedEfficientCommunicationAdaptable With TechnologyStrategic Market Plan DevelopmentMarket KnowledgeReal Estate Broker Network ManagementSite Tour CoordinationNew Restaurant Site Package PreparationReal Estate Committee PresentationProject ManagementLease Renewal NegotiationsProject Status Meetings ParticipationCritical Dates LeadershipRetail Deal-MakingSingle-Tenant Real Estate Site SelectionSingle-Tenant Real Estate AcquisitionIdentifying Restaurant Site LocationsEvaluating Restaurant Site LocationsLegal Contract NegotiationLegal Contract AdministrationProactive ThinkingInnovative ThinkingProblem SolvingInterpersonal SkillsPersuasionPartnership SkillsAdaptabilityOperating in a Multifaceted EnvironmentOperating in a Fast Paced Environment

Qualifications

7+ Years Retail Deal-Making ExperienceBA/BS Degree in Real Estate or Business Subject AreaAbility to Travel Up to 50% of Time

Benefits

Medical Insurance
Dental Insurance
Vision Insurance
Tuition Assistance
Paid Time Off
401(k) Match

Full job description

Position Description

The Senior Real Estate Manager will work with 1-2 brands within the Flynn organization and will be responsible for leading Flynn’s new development activities, setting and monitoring the standards for all development and achieving the company’s annual and long-term new restaurant development targets. This position achieves strategic growth objectives by driving development, communication, and execution of the overall market growth plan, collaboratively managing new site pipelines along with effectively leading the development efforts across disciplines. The Real Estate Director is responsible for updating the Long-Range Growth Plan annually seeking innovative opportunities to accelerate profitable new restaurant growth for the brand they support. A successful candidate is highly organized, efficient, able to communicate well, and is highly skilled and adaptable with technology.

Responsibilities

  • Develop, maintain, and implement a comprehensive, strategic market plan for specific brand and territory and handle bold new store growth goals.

  • Maintain strong market knowledge and an understanding of the specific brands coverage gaps, target markets, trends, projected home/work/shop growth, competition, and other factors that build real estate opportunities

  • Handle network of real estate brokers to identify potential sites for new restaurant development and relocations.

  • Conduct sites tours with operations and real estate team as needed as well as working with Real Estate Director to obtain executive approval on new projects.

  • Prepare new restaurant site packages for presentation to the Real Estate Committee; Presentation shall include a decision logic, maps, aerials, demographics, competitor analysis, sales forecast, return metrics, impact analysis, and real estate deal points.

  • Partner with coordination and construction teams to ensure project moves efficiently through due diligence, entitlements, and construction phases. Real estate stays with the project through opening and beyond.

  • Be responsible for lease renewal negotiations for the brands existing portfolio.

  • Participate in weekly development department project status meetings and lead associated critical dates.

Qualifications

  • 7+ years’ retail deal-making experience preferred

  • Comprehensive and proficient understanding of single-tenant real estate site selection and acquisition

  • Resourceful at identifying and evaluating restaurant site locations (availability, access, population trends, sales potential, and competition.)

  • Very strong computer skills, including Microsoft Office Suite a must.

  • BA/BS degree in a real estate or business subject area strongly preferred

  • Ability to travel up to 50% of time

  • Proven abilities in legal contract negotiation and administration

  • Proactive, innovative, and critical thinking/project manager

  • Strong written and verbal communication

  • Excellent interpersonal, persuasion and partnership skills.

  • Willingness to be flexible, adaptive, and to operate in a multifaceted, fast paced environment.

Why Work for Flynn?

Flynn Group offers a variety of benefits and perks to encourage and empower our employees. We are committed to helping each employee work and live to his or her fullest potential. We offer a variety of benefits and perks while working for us:

  • Medical/Dental/Vision

  • Retirement and Savings Plan

  • Short- and Long-Term Disability

  • Basic Life Insurance

  • Voluntary Life Insurance

  • Tuition Reimbursement

  • Paid Time Off

  • Flexible/Hybrid Work Schedules

  • Company Outings

  • Dining Discounts

  • PC/Laptop Purchase Assistance

  • On-Site Fitness Center

  • On-Site Daycare

  • On-Site Café

  • FUN Work Environment!

The Flynn Group is an Equal Opportunity Employer

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