Regional Real Estate Manager

This is a fully remote position, open to applicants in Kentucky.

📋 Description

• Create and uphold a market optimization strategy for the designated geographical area.

• Discover potential new sites and assess cost structures, return on investment, acquisition expenses, and lease-versus-buy evaluations.

• Compile comprehensive site analyses for suggested new locations and alternative properties.

• Negotiate the acquisition of new site locations and outline acquisition and development strategies.

• Oversee the contract process, including key dates, in collaboration with legal teams.

• Collaborate with engineering teams and external resources on planning and entitlement processes.

• Represent Wawa and provide testimony at planning and zoning board meetings.

• Foster relationships with brokers, developers, landlords, legal advisors, engineering consultants, and traffic consultants.

• Manage costs, expenses, financial forecasts, and potential write-offs.

• Engage in internal land development meetings and relay project pipeline updates.

• Coordinate with legal teams regarding REAs, access agreements, covenants, and necessary documentation.

• Take part in post-opening reviews of stores within the designated territory.

• Stay involved in local political processes that impact store development.

• Identify stores that could boost sales by adding property for retail space or parking.

• Assist in the disposal of surplus properties.

• Negotiate expansions and acquisitions for site improvement initiatives.

• Manage approval processes for site expansions with engineering teams and external resources.

⛳️ Requirements

• Bachelor’s Degree in a relevant field is preferred.

• Real Estate License is preferred.

• At least five years of experience in retail and/or commercial real estate.

• Knowledge of retail operations and business models.

• Familiarity with local zoning law applications and current site development trends in real estate.

• Must reside in Kentucky or have direct experience with commercial real estate transactions within Kentucky, with a willingness to relocate if currently located elsewhere.

• Strong understanding of real estate finance.

• Willingness to travel extensively and work outside regular business hours, including evenings and weekends.

• Proficient in effective communication, both verbally and in writing.

• Ability to analyze data and propose effective solutions.

• Highly developed skills in consultation, facilitation, project management, and presentations.

• A high degree of professionalism and confidentiality.

• Strong negotiation abilities.

• Capability to juggle multiple priorities at once.

• Ability to work both independently and collaboratively within cross-functional teams.

🏝️ Benefits

• Reasonable accommodations available for completing an application upon request, in accordance with applicable law.

• Equal opportunity employment with a work environment where Associates are treated fairly and with respect.