Wednesday , February 8 2023

Real Estate Manager – Starbucks Online Application

Website Starbucks

Job Description:

This role contributes to Starbucks success by collaborating with all Store Development Managers within a region while supporting the existing store portfolio workload; developing/executing existing store relocation strategy; and leading the selection and lease negotiations for future retail sites within a defined portion of a given market area.

Job Responsibilities:

  • Researches new and existing submarkets through broker networks, new market surveys and visits. Meets with landlords and city representatives.
  • Responds to unsolicited site submittals.
  • Functions as a key contact for information gathering and distribution to and from brokers, consultants and various other external and internal partners
  • Coordinates the market planning process with an SDM, managing all aspects of market development, touring new markets, touring existing markets with anticipated renewals, remodels, requested relocations/expansions or potential closures and develops strategic plans.
  • Assists with resolution of issues related to facilities, renovations and landlord improvements. Maintains active relationships with regional landlords. Oversees the negotiation of landlord issues, including but not limited to: store expansions, store relocations and property management issues. Advises on lease renewals for optimum profitability.
  • Tracks key milestone project dates and communicates required information to all internal and external partners.
  • Tours regions to visit and review under-performing assets (UPA’s). Responsible for optimizing and creating long term lease asset value.
  • Works cross-functionally with all team members of the Store Development business unit.

Job Requirements:

  • Market expertise – relationships with regional & national Landlords
  • Negotiating skills – internal and external
  • Communication and presentation skills
  • Market planning & site selection strategy
  • Understand lease language, understanding the LOI
  • Full understanding of industry and real estate best practices and standards

Qualification & Experience:

  • Effective communication and fundamental ability to influence
  • Contributes to the success of a high performing team
  • Ability to prepare and deliver effective presentations
  • Intermediate project management skills
  • Understanding of typical project timelines
  • Basic knowledge of budget estimating
  • Ability to interpret and make fundamental assessments and decisions based on data and reports
  • Fundamental financial and market analytics

Job Details:

Company: Starbucks

Vacancy Type: Full Time

Job Functions: Management

Job Location: Toronto, ON, Canada

Application Deadline: N/A

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