Real Estate Manager

Now Brewing – real estate manager #tobeapartner

From the beginning, Starbucks set out to be a different kind of company. One that not only

celebrated coffee and the rich tradition, but that also brought a feeling of connection. We are known for developing extraordinary leaders who share this passion and are guided by their service to others.

This job contributes to Starbucks success by collaborating with all Store Development Managers within a region while leading the existing store portfolio renewal 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 trade area. Models and acts in accordance with Starbucks guiding principles.

As a real estate manager you will…

• Research new and existing submarkets through broker networks, new market surveys and visits. Meets with landlords and city representatives.
• Manage all aspects of market development, within a limited scope. Participates in strategic planning.
• Tours regions with visits to competitors and existing sites. Prepares letters of intent, confirmation letters, site surveys requests, pro formas and site submittals. Coordinates design and constructions issues with internal partners and landlords.
• Resolves legal and lease issues. Tours regions to visit competitors and review under performing assets (UPA’s). responsible for optimizing and creating long term lease value.
• 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: lease renewals for optimum profitability, store expansions, store relocations and property management issues
• Prepares and analyzes lease evaluation packages, including proforma and financial reports. Evaluates leasing decisions, ensuring that leases are renewed in a timely manner with optimum profitability
• Assists with the preparation of letters of intent, creation of the project proforma, drives the territory, tours with operations, negotiates LOI, leases, and lease renewals to meet and exceed company standards. Meets with landlords and city representatives
• Works cross-functionally with all team members of the Store Development business unit.
  
  

We’d Love To Hear From People With

• Real estate deal making and negotiations, 2-3 years experience
• project administration experience in chain store, retail or commercial brokerage, 3-5 years
• exposure to commercial or retail industry experience, 3-5 years
• Financial planning and market analysis 3-5 years
• Bilingual French and English; written and spoken is an asset.
• French language fluency in reading, writing and verbal is an asset.
• Openness to travel between Atlantic Provinces and Quebec required for market visits.
  
  

Required Knowledge, Skills And Abilities

Relationship Management:

• Effective communication and fundamental ability to influence.
• Contributes to the success of a high performing team.
• Ability to prepare and deliver effective presentations.
  
  

Project Management

• Intermediate project management skills.
• Understanding of typical project timelines.
• Basic knowledge of budget estimating.
  
  

Data Management

• Ability to interpret and make fundamental assessments and decisions based on data and reports.
• Fundamental financial and marketing analytics.
  
  

Real Estate Knowledge

• Full understanding of industry and real estate best practices and standards.
• Negotiating skills - internal and external
• Understand lease language, understanding the LOI
  
  

Market expertise - continuum.

• Preliminary market planning and strategy (application) site selection and planning, owning a market and trade area.
• Communication and presentation skills (written and verbal) – beginning to prepare and present a portfolio review.
  
  

From free coffee to competitive pay, Starbucks is proud to offer a comprehensive compensation and benefits package to our eligible part-time and full-time partners. Benefits include tuition reimbursement, health coverage with a variety of plans to choose from, and stock & savings programs like our Future Savings plan and Bean Stock. What’s more, Starbucks offers flexible scheduling and opportunities for paid time off. Visit starbucksbenefits.ca for details.

Join us and inspire with every cup. Apply today!

At Starbucks, one of our values is to create a culture of warmth and belonging, where we treat each other with dignity and care in a diverse and welcoming workplace. We believe that enables us to better meet our mission and values while serving our customers from diverse communities.

All qualified applicants will receive consideration for employment without regard to race, national or ethnic origin, colour, religion, age, sex, sexual orientation, gender identity or expression, marital status, family status, genetic characteristics, disability, or language and any other factor protected by applicable law.

Self-declaration as a member of an employment equity group will not be used to make employment decisions, nor will it impact any aspect of employment with Starbucks. Through voluntary participation, candidates consent to Starbucks’ collection and use of self-declaration information for the statistical purposes of analyzing and monitoring hiring practices.

Starbucks Corporation is committed to offering reasonable accommodation to job applicants with disabilities. If you need assistance or an accommodation due to a disability, please contact us at applicantaccommodation.