Full Job Description
Real Estate Manager (REM)
Purpose and Scope/General Summary: The Real Estate Manager (REM) reports to the Head of Real Estate for Wild Fork and leads the site selection, negotiations and development of company operated lease properties throughout various markets across the United States. The REM will drive new store development within its territory collaborating cross-functionally with Construction, Legal, Operations, Facilities, and Finance. The REM will be responsible for overseeing several projects at any given time and will develop and maintain a pipeline of stores up to 2 years ahead of opening. This is a role that requires a strategic problem solver with strong organizational and communication skills and an ability to lead a team towards a long-term objective.
Wild Fork follows a 5-day, in-office work schedule to support collaboration. Successful candidates will be expected to work onsite 5 days per week with up to 30% travel.
Responsibilities:
• Develop and manage a pipeline of 15-20 new stores per Opening Year within the assigned REM territory.
• Maintain the market strategies for each activated market within the REM territory using a data driven approach to validate trade areas.
• Develop an understanding of how Wild Fork uses predictive analytics, GIS and mapping tools, demographics, psychographics, competition, traffic and shopping patterns to make real estate decisions.
• Become an expert on the commercial real estate landscape of every active market.
• Regularly tour markets and sites with the brokers and Head of Real Estate.
• Lead the LOI and lease negotiations with the support of the brokers and attorneys.
• Support the Design and Construction Managers on site plans, building design, landlord coordination and permitting approvals.
• Regularly communicate with Operations and seek feedback regarding trade areas and sites prior to presenting deals for approval.
• Prepare Capital Allocation Committee (CAC) approval packages for all new stores.
• Maintain and prioritize projects, tracking critical dates and working with all stakeholders to maintain adherence to lease deadlines and expected opening dates.
• Monitor lease expirations and notice dates and assist the Head of Real Estate in maintaining the existing store portfolio, including executing lease renewals, dispositions and subleases.
• Other duties as assigned
Qualifications:
• 5+ years of experience in commercial real estate with a focus on retail expansion strategy and negotiations.
• Bachelor's degree in real estate, Business, Finance, or related field strongly preferred. Equivalent years' experience will be considered.
• Strong organizational skills with the ability to solve complex problems and prioritize projects with a sense of urgency.
• Professional communication skills are required as the REM will lead all projects as the main point of contact between Wild Fork and its landlords.
• Some experience collaborating with construction teams and their vendors.
• Strong experience negotiating LOI's and leases.
• Strong analytical skills with the ability to assess information, solve problems, and make data-driven decisions.
• Microsoft Office experience is required; must be willing to learn to use new tools as they come available as this role will need the use of AI and advanced modeling solutions.
• Can perform the functions of the job with or without a reasonable accommodation
• As a salaried position with the company, you may be required to travel at some point to other facilities, to attend Company events, or as a representative of the Company in other situations. Unless otherwise specified in this posting, the amount of travel may vary and the most qualified candidate must be willing and able to travel as business needs dictate.
Key Success Factors:
• Ability to prioritize and stay organized with multiple tasks of varying urgency/importance.
• High attention to detail, with the ability to efficiently gather, organize, and verify data.
• Flexibility to work varied hours and occasional travel as needed.
• Ownership mentality, humility, and collaborative.
• Excellent and friendly communication both verbally and in writing.
The applicant who fills this position will be eligible for the following compensation and benefits:
• Benefits: Vision, Medical, and Dental coverage begin after 60 days of employment;
• Paid Time Off: sick leave, vacation, and 6 company observed holidays;
• 401(k): company match begins after the first year of service and follows the company vesting schedule;
• Base salary range of $150,000 - $170,000;
• Incentive Pay: This position is eligible to participate in the Company's annual bonus plan, the amount of bonus varies and is subject to the standard terms and conditions of the incentive program; and
• Career Development: Our company is dedicated to supporting professional growth by offering continuous learning opportunities and a focus on career growth through various learning and development programs.
The posted salary range represents the Company's good faith estimate of the compensation that the Company reasonably expects to pay for this role at the time of posting. Actual compensation will be determined based on factors including, but not limited to, relevant experience, skills, qualifications, tenure, internal equity, market data, and may vary accordingly.
This position does not have an application deadline. We will continue to recruit until the position has been filled.