Real Estate Development Manager, Circle K

Circle K

Location:
Canada, Toronto

Category:
Real Estate

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

The Real Estate Development Manager reports to the Director, Real Estate Development – Canada. The main objective of the position is to purchase or lease sites to increase Couche-Tard / Circle K market share within designated areas of the described territory (Ontario). Acquiring sites via single site development and/or multiple site acquisition is also considered part of the objectives of the role. The Development Manager is also responsible for site selection, financial modeling, obtaining management approval and securing entitlements. Ensures timely and successful real estate closings. Initiates projects such as raze & rebuild, relocation, consolidation projects, and works in conjunction with the construction department to ensure entitlements are processed in a timely fashion. Contributes to ongoing strategic review of company real estate assets to include divestment of sites, out of industry and sales of existing sites to franchisees working in conjunction with the franchise department. Also works on other real estate activity at existing site level and provides support to internal stakeholders to resolve issues as needed

Job Responsibility:

Prepare market development plans by segmenting markets into smaller trade areas
rides areas and identifies a growth plan for each area that includes targeting parcels for new stores and competitive stores to acquire
Provide data and guidance for the financial analyst to run models (in coordination with operations management, fuels management and construction management, etc.) to qualify new sites for purchase or lease
Negotiate thoroughly purchase contracts with sellers and leases with Landlords
Prepare real estate proposals and contracts for management approval
Provide guidance and support to the Real Estate Coordinator on organizing real estate market tours for bulk acquisition projects, periodic market reviews and new to industry projects
Compile site ride material and market summaries
Assist Real Estate Director to oversee due diligence, entitlement activity, beer and wine applications, escrow closings, including meeting with government officials and public hearings
Assist in coordinating with architects, engineers, attorneys, and other consultants
Work closely with internal management team to develop projects
Ensure compliance with requirements, policies and regulations
Perform other duties as necessary

Requirements:

Bachelor’s degree in Finance, Business or related field preferred
5 years of experience in General Commercial Brokerage, Development, Finance or Corporate Real Estate Management with emphasis in Commercial/Retail/Fuel/Fast Food/C-Store industries
Demonstrated ability to negotiate, close, and develop retail location
Working knowledge of broker networks, market valuations for real property and leasehold investments
Strong team orientation with excellent interpersonal skills and able to work in a busy environment with deadlines and changing priorities
Must be willing to adapt to the evolving responsibilities of the position
Self-motivated, self-directed individual with strong organizational skills required
Requires travelling primarily in the region assigned (Ontario), including some overnight travel. (50% of travel)
Proficiency in Word and Excel required
Previous experience in gasoline retail management desirable
Proficiency in PowerPoint, Mapping and Demographic software desirable
Requires a driver’s license and a good driving record
Bilingualism required (Advanced French and English), both written and spoken, as the person will be called upon to serve English-speaking regions

Nice to have:

Previous experience in gasoline retail management
Proficiency in PowerPoint, Mapping and Demographic software

What we offer:

Group Insurance Program: Stay healthy and happy! Our plan provides you with the flexibility to choose coverage that best meets your needs and add optional insurance (health and dental care, long-term disability, life insurance, health spending account)
Pension Plan: Plan for your future and retire with peace of mind with our pension plan, helping you build a secure financial future
Share Purchase Plan: Invest in your future and share in our success with our employee stock purchase plan, allowing you to become a shareholder of Couche-Tard/Circle K
Paid Time Off: Recharge and rejuvenate with paid time off, including vacation days, sick days, and personal days to help you maintain a healthy work-life balance
Employee Discounts: Enjoy exclusive discounts on our products and services, making it even easier to fuel up and stock up on your favorite goodies
Training and Development: Grow your skills and advance your career with access to ongoing training and development opportunities, including workshops, seminars, and online courses
Recognition and Rewards: We celebrate our team's achievements and milestones with a range of recognition programs, rewards, and incentives to show our appreciation for your hard work and dedication
Mentorship Program: Take your career to new heights with our mentorship program, where seasoned professionals provide guidance, support, and valuable insights to help you reach your full potential
Scholarship Program: Invest in your education and future success with our scholarship program, available not only to our employees but also to their children

Additional Information:

Job Posted:
April 24, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Real Estate Development Manager