Posted in: Other in Dallas | Posted: |
Job Description
Position Summary:
Key responsibility of this role will be to support the development activities of a Senior Real Estate Manager and the McDonald’s National Development Plan, primarily in producing new, freestanding locations and leading deals through internal approvals, contractual negotiations, ground breaks, and openings. Travel is required; and the scope of the travel is the entirety of the US.
Responsibilities:
Under the guidance of a Senior Real Estate Manager, investigate, select, and acquire real estate that meets McDonald’s trade area and site requirements for new restaurants
Support the Senior Real Estate Manager by maintaining strong market knowledge and understanding of McDonald’s coverage gaps, target markets, trends, projected home/work/shop growth, competition, and other factors that create real estate opportunities
Participate in site tours with National RE Lead and Development Director to gain field approval of proposed sites
In conjunction with McDonald’s Analytics team, estimate and analyze sales performance of new restaurants to ensure accurate forecasting
Prepare and present new restaurant site packages for the Real Estate Committee. Presentation shall include a decision logic, maps, aerials, demographics, competitor analysis, sales forecast, return metrics, impact analysis, and real estate deal points. The intent of the Real Estate Committee presentation is to gain McDonald’s leadership approval of the site and economics
Partner with coordination and construction teams to ensure project moves smoothly through due diligence, entitlements, and construction phases. This includes negotiating lease amendments, access agreements, and easements.
Communicates with Landlord/Seller/Developer on a consistent basis to ensure that contract deliverables and site delivery are obtained in accordance with McDonald’s opening plan.
Participate in weekly development department project status meetings and manage associated critical dates