REAL ESTATE SPECIALIST
The Real EstateSpecialist plays an important role in optimizing the value of the existing restaurant real estate portfolio by supporting the Real Estate team in the lease renewal and extension program, the resolution of property and facilities issues, and performing certain administrative functions for the team. The Real EstateRepresentative interacts directly with outside parties including landlords, developers and neighboring property owners, real estate brokers, municipalities and vendors, as well as Facilities, Legal, Operations and other RSC departments.
ROLE AND RESPONSIBILITIES:
-Research and assemble necessary data for lease renewals and extensions processed by the Real Estate team and outside consultants
-Work with established broker network to obtain comparables and market data for lease renewal analysis
-Negotiate basic lease modifications upon request such as adding additional options, rent reductions, etc
-Generatead hoc reports related to the real estate portfolio
-Maintaindocument storage system for the Real Estate department
-Create and maintain various spreadsheets including lease renewals, lease extensions, property management and facilities issues requests
-Researchand address property and facility issues, including maintenance issues, visibility issues, signage requests and parking concerns with landlords, developers, neighboring property owners, municipalities and other 3rd parties; partner with Facilities, Legal and Operations to resolve issues as needed
-Maintain and update property disposition information as needed including MVAs, listing agreements, property management agreements and due diligence information
-Work with local vendors and brokers to ensure proper maintenance of disposition properties including landscaping and alarm monitoring
-Assist Real Estate team and Facilities team in obtaining landlord approvals when needed
-Assist Facilities team in processing permit applications and various other documents related to facilities projects
-Provide administrative support as needed, including responding to general department inquiries,coordinating document execution and sending overnight packages
REQUIRED TECHNICAL SKILLS:
-Minimum 4 years’ experience in commercial real estate development, property management or real estate law
-Highly proficient in Microsoft Office, Outlook, Word, Excel and Power Point
-Strong knowledge of commercial, corporate retail real estate functions including common real estate and legal terminology, forms and practices
-Ability to interact and communicate professionally and effectively, influence others and build strong relationships at all levels
-Ability to identify issues, think strategically, and act decisively to resolve issues
-Excellent organizational and prioritization skills; ability to multi-task and work in a fast-paced environment
REQUIRED EDUCATION:
-Bachelor's degree in real estate, legal studies, business, finance or related field. Equivalent training or experience may be considered.
OTHER KEY QUALIFICATIONS:
-Flexible; ability to adapt to changing business environments
-Self-motivated; ability to work independently
-Knowledge of commercial, corporate real estate market