The Real Estate Project Manager will support growth initiatives by conducting market research, evaluating development opportunities, optimizing our store network, and identifying strategic locations for new-to-industry and replacement sites. This role will complete an initial analysis on expected performance to ensure that build classes meet or exceed company return profile thresholds.
ESSENTIAL DUTIES AND RESPONSIBILITIES:- Identify and review current and future markets for growth and network optimization
- Monitor and adjust growth plan initiatives based on competitive landscape changes
- Conduct performance analysis of new or replacement opportunities through modeling, store-level data, comparable stores and other variables correlated to performance
Create strategic market plans to optimize the network in conjunction with growth strategy.
Interpret city, county, and state code requirements to ensure development ability
Cultivate relationships with brokers, developers, economic development groups and municipalities
Negotiate contractual terms with potential sellers, developers, neighbors, cities, etc.
Prepare and lead market and site tours
Knowledge, Skills, and Abilities:
Accountable to act with integrity, adhere to company expectations of performance and behavior; abide by work rules and demonstrate high standards of moral and ethical conduct at all times
Makes certain company safety and security procedures are communicated and practiced by all employees, contractors and subcontractors while performing their work duties
Maintains confidentiality of all company information; including but not limited to planned projects and strategic growth plans; is forthcoming in reporting all policy and procedural violations and any wrongdoing to Management or Human Resources
Highly knowledgeable about the marketEDUCATION AND REQUIREMENTS
Required:
Bachelor's degree in Real Estate, Business Management or Finance with at least 4 years real estate experience, convenience store, retail, or commercial real estate preferred Excellent organizational and follow up skills, as well as the ability to work independently with minimal supervision
Preferred:
Experience with negotiating contracts with a proven track record of excellence. Financially astute with a strong attention to detail with the ability to analyze complex deals and identify mistakes and inefficiencies. Capacity to work cross-functionally with various departments including Business Development, Construction, Operations, Legal, and Finance to ensure accuracy with financial models and capital expenditures. Ability to think quickly and creatively to identify and implement solutions to problems. TRAVELAbility to travel up to 75% with overnight stay required. Must possess a valid driver's license and have the physical ability to drive a vehicle for job related travel.
PHYSICAL REQUIREMENTS:
Prolonged periods sitting at a desk and working on a computer. Must be able to lift up to 15 pounds at times. Parker's is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture. Parker's does not discriminate on the basis of disability, veteran status or any other basis protected under federal, state, or local laws.
