Manager, Real Estate

Chipotle Mexican Grill group; Illinois; On-site; USD 121,000 - 171,000; Full time

Benefits offered by this job

Annual bonuses

Equity awards

Medical/dental/vision coverage

Job summary

Chipotle Mexican Grill seeks a Manager, Real Estate to lead development in the assigned geography from market plan to opening. You will supervise multiple projects, drive negotiations with landlords, and coordinate with brokers, attorneys, and internal teams.

You’ll deliver executive-level updates, manage cross-functional collaboration with operations, and navigate rezoning and industry events to support growth strategies.

Qualifications

• BA/BS or equivalent in real estate, finance, or GIS.
• 5-8 years of experience in field with QSR real estate site selection.
• Experience leading cross-functional teams and complex negotiations.

Responsibilities

• Manage 20+ real estate projects per year from inception to opening.
• Negotiate terms with landlords and coordinate with attorneys.
• Lead Triad and oversee design & construction work streams.
• Deliver executive presentations for approval of deals.
• Develop regional market plans and engage Operations leadership.

Skills

People management

Negotiation

Communication

Market research

Leadership

Project management

Education

BA/BS in Real Estate, Finance, or GIS

Tools

MS Office Suite

Job description

## Manager, Real EstateApply: 99171 - Illinois Field Support: Full time: Posted Today: JR-2026-01401204**CULTIVATE A BETTER WORLD**Food served fast does not have to be a typical fast-food experience. Chipotle has always done things differently, both in and out of our restaurants. We are changing the face of fast food, starting conversations, and directly supporting efforts to shift the future of farming and food. We hope you will join us as we continue to learn, evolve, and shape what comes next on our mission to make better food accessible to everyone.**THE OPPORTUNITY**The REM is a leader within the broader Development team. The REM will establish and execute a real estate development plan in their designated geography. They are a person who has the confidence of management to develop people, manage other members of the Triad in addition to outside brokers and consultants and demonstrates the strategic thinking that is needed to continue to grow at Chipotle. The REM is responsible for supervising the project from identifying the real estate project to opening of the restaurant. **WHAT YOU’LL DO*** Manage more than 20 new real estate projects each year while working with other members of the Triad in overseeing projects from REAT approval to 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 each deal from initial market plan through LOI to opening.* Perform market research, both formal & informal, to assess real estate site opportunities while ensuring alignment with Development Director on trade area priorities. Ensure all real estate data in Chipotle’s project management system is up to date and accurate.* Triad leader overseeing work of other Dev team members (design & construction) as required by the business.* 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 new store development 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.**WHAT YOU’LL BRING TO THE TABLE*** 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**PAY TRANSPARENCY**A reasonable estimate of the current base pay range for this position is $121,000.00–$170,500.00. You are also eligible for annual cash bonuses and equity awards based upon performance and other factors. Actual compensation offered may vary depending on skill level, experience, and/or education. Chipotle offers a competitive total rewards package, which includes medical, dental, and vision insurance, 401k, sick leave, vacation time, and much more. Visit https://jobs.chipotle.com/benefits for more details.