Supervisor, Real Estate

McDonald's Canada; Burnaby; On-site; CAD 146,000 - 161,000; Full time

Job summary

A leading fast-food restaurant in the Burnaby area is seeking a Supervisor for Real Estate. This role involves sourcing and negotiating deals for new locations and requires 5-7 years of experience in Commercial Real Estate. The ideal candidate will have strong negotiation skills and a collaborative approach, primarily working in a fast-paced environment. The expected salary range is $105,000 - $115,000 per year.

Qualifications

• 5-7 years of experience in Commercial Real Estate with site selection and unit acquisition.
• Experience in the Quick-Service-Restaurant industry is considered an asset.
• Strong Real Estate knowledge specific to British Columbia.

Responsibilities

• Source and negotiate deals for new McDonald's locations.
• Maintain market knowledge and understand trends in assigned region.
• Collaborate with key customers on the 3 Year Strategic Plan.
• Assists with presentations of site packages to management.

Skills

Commercial Real Estate experience

Negotiation skills

Communication skills

Problem-solving skills

Project management

Technical skills in Microsoft Office

Job description

Company Description:

At McDonald's, we are committed to being the best, and that starts with finding the best people. We have built a team of extraordinary people from around the world. We are problem solvers, risk takers, innovators, and thought leaders that take our work seriously, but have fun doing it. We value personal and professional growth, and believe in rewarding and celebrating our successes.

The Opportunity

Position title: Supervisor, Real Estate - Western Canada

Department: Restaurant Development

Position band: Supervisory/Consultant (Global Grade 3)

Reports to: Real Estate Manager, West

Type of position: Full-time, permanent

Location: Vancouver

The Restaurant Development Department is hiring a Supervisor, Real Estate based in our Burnaby office. The role reports to the Real Estate Manager, West. This individual will, within an assigned geographical area, be responsible for sourcing and negotiating deals for locations for new McDonalds.

You will strive to make continuous improvements to the existing, growing real estate portfolio, by securing quality locations that will maximize income and return on investment. Your primary objective will be to contribute to the Development Plan, primarily in producing new, freestanding locations and leading deals through internal approvals, contractual negotiations, ground breaks, openings.

Key Customers include the restaurant customers, Regional and National Leadership, Development Team, Owner Operators and Regional Staff.

Duties

• Maintain strong market knowledge and understanding of assigned region, including coverage gaps, opportunities, trends, projected home/work/shop growth, competition, and other factors that contribute to knowledgeable real estate decisions.
• Identify and acquire real estate for freestanding locations, including negotiating terms and conditions of real estate agreements (up to the executed Letter of Intent or Offer to Lease) and, if required, partner with the Real Estate Transaction team to optimize the site development and internal approval processes.
• Collaborates with key customers to create, maintain and update the 3 Year Strategic Plan.
• Vision Planning – gathers and analyzes information on the potential of the market and each restaurant in the assigned geographical area.
• Assists with presentation of site packages to management for approval.
• Coordinates the presentation of development opportunities to Owner Operators/McOpCo.
• Partners with the Construction Supervisor to prioritize development opportunities to ensure best use of capital (e.g., timing, funding and returns) within the region.
• Creates and executes the development plan to meet portfolio returns and goals of the Development Team.
• Ensures best location/best value for all real estate acquisitions.

Qualifications

• 5-7 years of Commercial Real Estate experience with demonstrated experience in site selection and unit acquisition, combined with effective negotiation skills.
• Experience in the Quick-Service-Restaurant (QSR) industry is considered an asset.
• Strong Real Estate Knowledge and experience within the province of British Columbia.
• Collaborative and communication skills: Excellent written, oral, interpersonal, and presentation skills and the ability to effectively collaborate with management, staff, and external partners.
• Innovative problem-solving skills: Critical thinker and ability to escalate when assistance is needed in a timely manner.
• Project management experience: Strong organization and multi-tasking skills with the ability to make critical decisions to drive project success.
• Technical skills: Advanced skills in Microsoft Word, Excel, and PowerPoint.
• Agility: Ability to work in a fast-paced environment with the ability to adjust quickly to change; multi-functional matrix organization experience is an asset.

Salary Range

The expected salary range for this role is $105,000 - $115,000 per year. The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors.

Additional Information:

McDonald’s Canada and Owner/Operators are committed to a diverse and inclusive workplace for all. Our workplaces have a long-standing policy of providing fair, equitable, and accessible opportunities for all employees and prospective employees. Accommodations during the application process are available upon request.