• Sr. Real Estate Representative - Vancouver, BC

    Job Locations CA-BC-Vancouver
    Posted Date 1 week ago(12/7/2018 12:02 PM)
    ID
    2018-53355
    Category
    Real Estate
  • Overview

    Accelerates growth of 7 Eleven’s footprint through the opening of new stores and optimization of existing stores. In partnership with local developers, identifies sites, negotiates deals, and sees real estate transactions through the development cycle.

    Responsibilities

    • Drawing upon real estate experience, understands local market conditions and development environment to develop plans by area in support of new store growth targets. Works with the Real Estate Manager & other key stakeholders to create and update Network Plans that are integrated into comprehensive, strategic, metro area business plans. Analyzes potential trade areas by researching demographic variables, pedestrian/traffic counts and other generators relative to strength and number of competitors, and growth opportunities.
    • Evaluates and recommends specific sites within identified traded areas for new store development and optimization plans for existing stores (expand, rebuild, relocate, etc.).
    • Completes and evaluates financial rate of return information to determine financial feasibility of new store site selection and existing store optimization activity.
    • Works extensively with internal and/or outside counsel, financial planning, gasoline, construction, and environmental services to negotiate and assist in gaining approval of new site selections and document execution.
    • Develops a pipeline of sites by working in partnership with Developers in the assigned growth area.
    • Prepares new store packages seeking management's approval which will highlight the benefits and risks associated with the opportunity including expected financial performance, reasons for expected performance, and downside risks.
    • Negotiates and completes transactions and is proficient with all SEI development options including but not limited to BCP, Commission Fuel, organic/traditional deals, and acquisitions. Assess BCP candidates lease terms for consistency with business system.
    • Negotiates purchases, new leases, lease amendments with sellers / landlords and attorneys. Researches appraised property value, tax information, etc., to determine fair market value for lease. Negotiates contracts to include items such as lease term, cost, common area maintenance charges, taxes, building permits, liability, etc.
    • Reviews negotiated terms to ensure compliance with SEI guidelines, policies and procedures.
    • Proficient in negotiating deal terms and provisions in Letters of Intent, Purchase Contracts and Leases. Can negotiate and complete transactions and is proficient with all SEI development options including but not limited to BCP, Commission Fuel, organic/traditional deals, and acquisitions.

    Qualifications

    • Education: Bachelors/4 Yr Degree Experience:
    • 3-5 years’ experience in a corporate real estate role as a dealmaker. 
    • Has and utilizes connections with developers/partners to identify and develop a pipeline of strong real estate options. 
    • Moves quickly and makes decisions during the deal to keep the deal moving; keeps ahead of the competition. 
    • Ability to negotiate and interface with executive level leaders inside and outside the organization        

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