Area Real Estate Manager (Ottawa)

  • Location: Ottawa
  • Posting Date: August 22, 2023
  • Job Order ID: 967357
  • Consultant: Anna Lisa Farina
  • Industry: Hospitality
Area Real Estate Manager QSR, Ottawa

Our client is a global leader in the food service industry. In alignment with the regional growth plan, they are currently seeking Area Real Estate Managers to join their team in Eastern Canada. This individual will, within an assigned geographical area, be responsible for sourcing and negotiating deals for new store locations. 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, and openings.

This role offers a competitive base salary (115-120k target range), 14% bonus, flexible/hybrid work structure, full benefits, deferred profit sharing, car allowance, wellness reimbursement, and 3 weeks vacation.

Job Responsibilities:
  • Maintain strong market knowledge and understanding of the assigned region and 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 L.O.I. or Offer to Lease) and if required, restaurants in the assigned geographical area.
  • Assist with the presentation of site packages to management for approval.
  • Coordinate the presentation of development opportunities to Owner Operators.
  • Partner with the Area Construction Manager to prioritize development opportunities to ensure the best use of capital (e.g., timing, funding and returns) within the region.
  • Create and execute the development plan to meet portfolio returns and goals of the Development Team.
  • Ensure the best location and best value for all real estate acquisitions.
Key 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 Ontario/Quebec
  • Excellent written, oral, interpersonal, and presentation skills and the ability to effectively collaborate with management, staff, and external partners.
  • Critical thinker and ability to escalate when assistance is needed in a timely manner.
  • Strong organization and multi-tasking skills with the ability to make critical decisions to drive project success
  • Advanced skills in Microsoft Word, Excel, and PowerPoint
  • Ability to work in a fast-paced environment with the ability to adjust quickly to change; multi-functional matrix organization experience is an asset.
Apply today if this sounds like you. Candidates who meet the key qualifications and who are currently legally able to work in Canada will be considered.