Real Estate Manager

Who are we and what do we do?

Edible® is a leader in the gifting category with delicious, hand-crafted offerings which we’ve expanded to a range of gifts and treats for every moment including our new treat business, Incredible Edibles®. From our signature Edible Arrangements® Fruit Bouquets, Dipped Fruit® boxes, fresh fruit smoothies, and more, Edible’s exceptionally crafted gifts and treats continue to fill the world with goodness.

Through Edible’s 1,000 independently owned franchise locations, the mission of the brand - no matter how big it gets - is to WOW customers every day

Through all our incredible years, we’ve remained committed to our 5Ps: 

Our promise–To WOW each and every customer. 
Our products–Natural, novel and delicious. 
Our places–Stores, vans and edible.com. 
Our People–Both our corporate and in-store employees. 
Our purpose–To celebrate what’s good in life.

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The Impact you’ll make:

As Edible Brands continues to grow and create a dominant presence in new and existing regions, we’re looking for an experienced retail Real Estate Manager to manage and coordinate end-to-end functions of Real Estate; directly impacting market-specific growth strategies, new edible store acquisitions, including real estate administration. You will be the Edible Brands spokesperson in communications with brokers and landlords and perform and execute all assigned projects and tasks.

What that looks like day to day:

Track and report on market progress from initial strategy through full development.
Develop market penetration strategy in new and existing markets, consistent with the company’s expansion strategy, utilizing geo-demographic platforms and other forecasting tools
Collaborate with broker network to present new site recommendation packages for approval
Negotiate lease and purchase contracts for the acquisition of approved sites for Franchise in partnership with the Legal Team
Ensure high levels of organization and project management to maintain an efficient timeline for critical deadlines within the development period in partnership with stakeholders and involved parties
Determines site feasibility and develops pro-forma budget in collaboration with the Accounting Team to ensure contract-related monetary obligations are met
Coordinate, manage, and communicate new site development schedules and critical dates.
Prepares agenda and reports on real estate issues for weekly meetings and manages administrative duties, which include coordination between departments
Maintains documentation, legal instruments, and payment of bills
Implements a Real Estate Market Plan to ensure continued aggressive Real Estate growth program
Prepares the Proposed Location Summaries for review and approval. Prepares projections on estimated sales, operating margin, profits, return on investment, and capital expenditures
Promotes accuracy and timeliness to maintaining a portfolio of profitable properties; Maintains Option Renewal Book
Investigates city and state licensing requirements to ensure the company’s compliance with the licensing process. Makes proper and timely applications for various permits and licenses
Maintains a constant check on store licenses and makes necessary changes based on town or state ruling
Coordinate all real estate legal documentation with legal counsel to ensure accuracy.
Negotiate lease terms and extensions and coordinate with Operations, Finance, and Legal on the final draft of lease agreements.
Coordinate terms, conditions, and timing to ensure efficient and seamless opening of a new store, transfers, or closing of an existing store
Represents Edible Brands when required at all hearings regarding licenses and permits
Handle the sale/lease of any Company property, including screening of tenants, negotiating lease, and obtaining approvals necessary from landlords
Provides needed information/documentation to Attorneys, Engineers, and Brokers in matters concerning licensing or leasing

Requirements:

7+ years of experience in Commercial Real Estate
Deep understanding of retail real estate principles, market trends, property evaluation, site development, and legal regulations related to real estate transactions.
Experience with prototypical restaurant development preferred
Microsoft Proficient: Excel, PowerPoint, and Word

About You:

You possess strong project management skills to handle critical deadlines, shifting priorities, and complex contractual agreements efficiently.
You are naturally analytical, can analyze market data, identify growth opportunities, and make data-driven recommendations to support the company's real estate growth program.
You demonstrate excellent communication skills and are able to speak and write clearly and succinctly in a variety of communication settings and styles, with internal and external stakeholders
You bring strong interpersonal skills and can relate well to all kinds of people, up, down, inside and outside the organization building appropriate rapport, constructive and effective relationships

What We Offer:

Onsite work environment with work-from-home flexibility, fostering collaboration and relationship building with peers, cross-functional partners, and leadership
The stability and resources of an industry-leading company successfully operating for 25 years, with the agility and innovation of a startup, allowing you to make a significant impact and shape our future.
Growth & Development – Each team member has a visible and immediate impact on the business, offering abundant opportunities for personal and professional growth as we scale in size and sophistication
Healthcare plans that include health/dental/vision insurance, 401K Plan, company-paid life insurance and short-term disability, flexible spending account options and more
Paid time off, including sick days & holidays to support work-life balance

We are proud to be an EEO/AA employer. Applicants for employment are considered without regard to race, creed, color, religion, sex, sexual orientation, marital status, national origin, age, disability, status as a veteran, Vietnam Era Veteran, or being a member of the Reserves or National Guard.

Average Compensation: $129,500

How Much Do Edible Arrangements Employees Make?