Food Lion - Salisbury, NC

posted 3 months ago

Full-time - Manager
Salisbury, NC
10,001+ employees
Food and Beverage Retailers

About the position

At Food Lion, Associates are the most important assets to our organization. We want associates to have meaningful careers full of variety and challenges. Each associate contributes to the overall success of Food Lion, and in return, we strive to provide all associates with a fulfilling work experience and reward performance and commitment. We are committed to the professional development of our associates through on-the-job learning opportunities and training. The Real Estate Manager's primary purpose is to manage complex lease and legal negotiations, real estate market and costs valuations, complex commercial/retail developments, complex purchase and sale contracts, acquisitions, and other high-level strategic initiatives. This role is responsible for managing, negotiating, documenting, and analyzing the most complex transactions, acquisitions, and developments and as needed provides guidance to Directors on large capital projects. The incumbent is responsible for maintaining a complete knowledge of Food Lion stores, basic store operations, competitive stores, strategy and activity, and real estate market fundamentals in order to lead the development of Food Lion's real estate strategic plan which is critical to the Company's growth. The incumbent is constantly challenged to oversee and advance the Company's most complex, high-risk, and expensive projects in the most highly competitive, aggressive, dynamic, and sophisticated real estate environments. The incumbent is responsible for the day-to-day advancement of Food Lion's real estate strategy and capital plan implementation in markets with limited daily access to supporting departments. The incumbent also has responsibility for mentoring and providing guidance to the other members of the Real Estate Team and be a key onsite contact for the Food Lion leadership team.

Responsibilities

  • Manage all internal processes related to the formal approval of major real estate projects consistent with the Company's strategic real estate and capital plans.
  • Coordinate multiple internal groups involved in real estate projects including operations and sales, legal, location research, financial planning, real estate accounting, store planning/engineering, etc.
  • Prepare and present formal capital project proposals to the Capex governance authority and Group/Exco for deal authorization.
  • Manage all external processes and resources related to major real estate projects including site selection and feasibility/due diligence.
  • Negotiate complex real estate contracts including purchase and sale agreements, leases, option agreements, easements, and non-disturbance agreements.
  • Manage multiple professional disciplines such as outside attorneys, engineers, public relations consultants, and government affairs consultants to obtain rights to build projects.
  • Maintain complete knowledge of the real estate market within a specific Food Lion territory and advise senior leadership on real estate strategic plans and initiatives.
  • Monitor competitive activity and maintain relationships with real estate stakeholders including landlords, developers, and government officials.
  • Participate in the monthly Food Lion Real Estate Meeting and schedule project agendas for various internal and external meetings.
  • Oversee the development of and manage contractual, cost control, and other administrative functions related to active and pending projects.

Requirements

  • Bachelor's Degree
  • 8-10 years of experience in retail real estate development
  • Strong analytical skills
  • Oral and/or written communication skills
  • Presentation skills
  • Customer focus
  • Supervisory/leadership skills
  • Initiative and attention to detail
  • Negotiation skills
  • Strategic planning expertise

Nice-to-haves

  • Experience in financial analysis and land use practices
  • Knowledge of marketing and public relations
  • Familiarity with construction and accounting practices
  • Understanding of government affairs

Benefits

  • Professional development opportunities
  • On-the-job learning opportunities
  • Competitive salary
  • Health insurance options
  • Retirement savings plan
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service