Regional Real Estate Manager

Summary of Job Description :

The Regional Real Estate Manager (REM) is responsible for locating potential Panda store sites within the assigned geographic area for lease or purchase. This position prepares and implements market studies to determine the feasibility of potential sites. The REM presents potential sites and terms to the Real Estate Site Acquisition Committee (RESAC) and finalizes contract terms for approved sites.

Job Responsibilities :

• Locates potential Panda store sites or non-traditional sites within assigned geographic area by building relationships with the real estate community.
• Prepares and implements market studies on the feasibility of sites according to established guidelines, procedures, and policies.
• Negotiates site acquisition and presents potential sites to RESAC for approval.
• Prepares RESAC packages and ensures that they are delivered to upper management on a timely basis.
• Meets or exceeds approved plan.
• Responsible for store openings achieving or exceeding RESAC approved sales.
• Finalizes contract terms in collaboration with Legal, Operations, and RD for approved sites.
• Works with Licensing on contract terms for non-traditional sites.
• Develops and maintains strong relationships with Operations, Legal, RD, and Licensing related to site acquisition and development.
• Attends operations team meetings and communicates frequently and effectively.
• Proactively conducts site tours with brokers and Operations team.
• Consistently updates of all required tracking documents and department resources (Expesite, Sitewise, etc.)

Must reside around the following areas :

How we reward you :

Your background and experience :

Work Environment :

Pay Range : M2 : $128,500 - $180,000 / Annual

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