Job Title:

Real Estate Manager

Location:

Irving, Texas

Compensation:

Pay is commensurate with experience.

Worker Type:

Employee

Time Type:

Full time

Job Description:

About the Role

The Real Estate Manager owns the full lifecycle of Team Car Care's real estate portfolio — from lease administration and renewals through network development and facilities oversight — while serving as the primary point of contact between senior leadership, the real estate and finance teams, and key external partners (including JLI, CBRE/Mohr Partners, and CoStar).

What You’ll Do

Senior Leadership & Cross-Functional Communication

• Communicate regularly with the executive team and operations leaders to align real estate goals, strategies, tactics, and resource needs

• Deliver recurring real estate and facilities updates to executive leadership, including bi-weekly Real Estate Committee (REC) calls and monthly executive updates

• Manage relationships and communication with key external partners, including JLI, CBRE/Mohr Partners, and CoStar

Lease Administration & Renewals

• Prepare leases and amendments, or review landlord-drafted versions, escalating complex or non-standard terms to the legal department as needed

• Provide insurance certificates, estoppels, and SNDAs using legal-approved templates

• Send deal summaries to the CSO prior to obtaining company signature on leases or amendments

• Maintain all real estate documentation and serve as the subject matter expert on CoStar

• Support the lease renewal negotiation process in partnership with Mohr Partners from early-stage market and options analysis, through proposal evaluation and value-capture negotiation, to final execution and document handoff for abstraction and recordkeeping

Third-Party Real Estate Management Oversight (~20% of Role)

• Serve as the primary point of contact for the company's third-party real estate management partner, directing and reviewing their day-to-day transactional work

• Oversee preparation of SNDAs and estoppel certificates, using legal-approved templates

• Oversee processing of lease renewals, including tracking status, resolving open items, and ensuring timely completion

• Review and quality-check third-party deliverables, escalating discrepancies or non-standard terms internally or to legal as needed

Network Development

• Source store conversion and acquisition targets.

• Evaluate potential expansion opportunities using standardized site-selection metrics, including financial diligence, in partnership with executive and operations teams

• Partner with executive leadership and operations to set company-level and regional capital expenditure budgets

• Gather field intelligence from operations teams to inform lease renewal strategy

Build-to-Suit Development & Relocations (~25% of Role)

• Partner with a third-party real estate group to identify and source sites for build-to-suit development and store relocation.

• Lead site selection and evaluation, including diligence on financial projections and alignment with company site criteria

• Manage build-to-suit and relocation projects from site identification through completion, including coordination with franchisor and developer partners

• Lead transaction negotiations for build-to-suit and relocation deals, including terms, timing, and documentation

Jiffy Lube Corporate Coordination (~10% of Role)

• Coordinate with the Jiffy Lube corporate real estate group on land acquisition and site opportunities

• Support franchisee takeover transactions from a real estate perspective, including lease and site review

• Partner on new build and new concept development opportunities, aligning site strategy with brand standards

Facilities Oversight

• Ensure store teams and contractors have a high-functioning system to initiate and complete facility work

• Manage intake of facility work requests from landlords, property managers, and municipalities, and route them to the Facilities team

• Oversee large-scale facilities projects, including floor replacements and reimage initiatives

• Provide data to support rent, CAM, and facilities budget forecasting

Mergers & Acquisitions Support (~25% of Role)

• Support M&A activities through financial and market analysis, diligence research, and critical thinking to inform deal evaluation

• Partner with the executive/corporate development team on real estate diligence for acquisition targets

• Assess acquired real estate portfolios for lease terms, condition, and strategic fit

Property Tax Coordination (~5% of Role)

• Coordinate with third-party property tax consultant Ryan, LLC on property tax assessments, appeals, and related matters affecting store locations

What You’ll Need

• Bachelor's degree in Real Estate, Business, Finance, or a related field (or equivalent experience)

• 5+ years of experience in commercial real estate, lease administration, or site development, ideally within a multi-unit retail or service-based business

• Strong negotiation, analytical, and financial modeling skills, with the ability to evaluate lease and expansion economics

• Experience with CoStar or comparable real estate management/data platforms preferred

• Comfort operating in a fast-paced environment with competing priorities across a large store portfolio

• Excellent written and verbal communication skills, with experience presenting to senior leadership

• Ability to travel periodically to store locations and partner meetings