Senior Real Estate Manager

7-Eleven, Inc; Tennessee; Hybrid; USD 80,000 - 120,000; Full time

Job summary

A leading convenience retail company is seeking a Senior Real Estate Manager to oversee its retail real estate portfolio. Responsibilities include negotiating leases, managing acquisitions, and optimizing store locations. The ideal candidate has over 5 years of experience in retail real estate with strong negotiation and analytical skills. This position offers opportunities for strategic growth within the organization.

Qualifications

• 5+ years of relevant work experience in retail real estate.
• 5+ years of management experience.

Responsibilities

• Oversee and manage the company's retail real estate portfolio.
• Negotiate complex leases and manage acquisitions.
• Train, coach, and mentor the Real Estate Support Specialist.

Skills

Strong negotiation skills

Financial analysis skills

Analytical and problem-solving abilities

Communication and presentation skills

Expertise with Word and Excel

Education

Bachelors/4 Yr Degree

Job description

Overview

The Senior Real Estate Manager is responsible for overseeing and executing the strategic direction of the company's retail real estate portfolio. This includes managing the acquisition, negotiating complex leases, and ensuring alignment with the company’s growth and operational goals. The ideal candidate will have significant experience in retail real estate, strong negotiation skills, and a strategic mindset. The successful candidate will focus on-site selection, site presentation, and negotiation of real estate deals (lease, developer built to suit, and fee acquisition) as well as Business Conversion Program (BCP) sites. In addition, the successful candidate will work to optimize the existing portfolio of stores by identifying existing 7-Eleven branded locations that meet site quality criteria and site attributes to warrant optimization through investment.

Responsibilities

• Train, Coach and Mentor the Real Estate Support Specialist (RESS)
• Assist Real Estate Director in Managing site pipeline timelines, budgets and milestones.
• Assist with the Development and implement a comprehensive real estate strategy to support the company's growth objectives, including site selection, expansion, and market penetration.
• Manage the company’s retail real estate portfolio, ensuring the optimization of properties to meet business needs and maximize return on investment.
• Establishes procedures, develops goals, strategies and direction and initiates programs to ensure effective management of real estate acquisitions for the Company
• Lead the identification and evaluation of new retail locations through market research and analysis of demographic trends, customer behavior, and competitor activities.
• Coordinate with brokers, landlords, and internal teams to identify and secure prime retail locations.
• Oversee the planning and execution of new store openings, relocations, and renovations in alignment with retail strategies.
• Develop and maintain relationships with key stakeholders, including property owners, investors, and external partners.
• Prepare and present reports to senior management, providing insights into real estate market trends, portfolio performance, and strategic recommendations
• Coordinates the implementation of real estate programs, in conjunction with internal and external partners, by seeking out properties and operational facilities which will positively impact the profit margin and allow for increased growth opportunity for the Company as a whole

Education and Experience

EDUCATION: Bachelors/4 Yr Degree

YEARS OF RELEVANT WORK EXPERIENCE: 5+ years

YEARS OF MANAGEMENT EXPERIENCE: 5+ years

CERTIFICATIONS / LICENSES: Click or tap here to enter certifications/licenses required or preferred.

Specific Knowledge and Skills

• Strong negotiation and financial analysis skills and complex deal structuring. Excellent analytical, problem-solving, and strategic thinking abilities.
• Deep knowledge of Real Estate Development, site selection, and franchise growth strategies.
• Ability to work cross-functionally with finance, legal, franchising, operations teams, and others to execute strategic initiatives.
• Strong communication and presentation skills, with the ability to influence executive decision-making.
• Demonstrated expertise with Word, Excel, and other MS Office suite applications.

For a general description of all benefits 7-Eleven is offering in the US for the position, please visit the following link.