Real Estate Manager
Chipotle Mexican Grill
- Cincinnati, OH
- $110,000-152,000 per year
- Permanent
- Full-time
- Manage approximately 20 – 25 new real estate openings (NRO’s) each year while working with other members of the Triad in overseeing projects from site selection and LOI negotiations to lease signature and opening, ensure all phases of projects are expedited and risks minimized, controlling the critical path of all transactions.
- Negotiate business terms and conditions of contracts with a variety of landlords from small investors to REITs while maintaining on-going communication with attorneys on contract status. Demonstrates a strong understanding of economic implications of all negotiated terms.
- Oversee and manage numerous broker relationships including site prioritization, negotiation guidance and related site tour reporting.
- Deliver executive level presentations to Chipotle’s real estate ELT sub-committee to gain approval for proposed new restaurant deals. Prior to executive approval, organize and present market tours with the CDO, Development Director and Operations leadership.
- Manage and develop a regional and market level plan by collaborating with Operations leadership. A market plan encompasses a multi-year outlook for existing and new restaurant development. Present plans annually at the cross functional Market Planning meetings. Maintain close communications with Operations partners throughout the NRO process.
- Provide necessary direction & support for issues related to re-zoning, variances, and other technical real estate development issues.
- Represent Chipotle in industry settings, such as local/regional/national ICSC events; stay abreast of real estate issues and developments within the REM's region and within the industry.
- BA/BS or an equivalent in education and experience in real estate, finance, or GIS
- Real Estate & Finance Degree Preferred
- 5-8 Years of experience in field
- Minimum of five (5) years of experience with successful QSR real estate site selection in the designated region
- Able to effectively manage people.
- Expert knowledge of and ability to use a PC and MS Office Suite.
- Have excellent written & verbal communication skills.
- Can work in a fast-paced, team-oriented environment.
- Be highly organized and able to multi-task.
- Able to work independently with attention to detail, accuracy, documentation and follow-thru.
- Moderate overnight travel, heavy travel within territory