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Real Estate Manager

Full Time
New York, NY
$95,700 - $143,700 a year
Posted 4 days ago
Job description

Job Posting

: Nov 18, 2022

Job Posting End Date

: Dec 3, 2022


: US-NY-New York-NYC Regional Office Is this role eligible for remote or hybrid work? : Yes-Hybrid Starbucks - Real Estate


: Full-time Pay Range : $95,700 - $143,700/year Bonus Eligible : Yes

Now Brewing – real estate manager, Existing Store Portfolio! #tobeapartner

From the beginning, Starbucks set out to be a different kind of company. One that not only celebrated coffee and the rich tradition, but that also brought a feeling of connection. We are known for developing extraordinary leaders who share this passion and are guided by their service to others. This job contributes to Starbucks success by leading the selection and lease negotiations for future retail sites to achieve a superior real estate position for Starbucks stores.

As a real estate manager, you will…

  • Manages existing store portfolio of 1200-1700 locations.
  • Develops comprehensive strategic plan in partnership with regional Real Estate decision-makers and Market Planning to optimize the existing store portfolio and communicate to internal stakeholders.
  • Serves as a liaison to regional Real Estate partners works directly with cross-functional stakeholders including Legal, Market Planning, Store Development Finance, Lease Portfolio Management, Financial Lease Administration, Capital Lease Accounting, Licensed Stores and Operations teams.
  • Collects data, coordinates existing stores market planning process, strategy, and works closely with Real Estate Support Services to execute all aspects of anticipated renewals, non-renewal agreements, remodels, requested relocations/expansions or potential closures.
  • Conducts ad-hoc portfolio analysis and due diligence; compiles integrated market strategy report.
  • Point of escalation working with internal stakeholders for resolution of existing store issues and/or represent the company on local jurisdictional issues

We’d love to hear from people with:

  • 3-5 years of experience with retail or restaurant new store rollout
  • 3-5 years of financial planning and market analysis experience
  • 3-5 years of project management experience within chain store, retail or commercial brokerage
  • 2-3 years of experience with real estate deal-making and negotiations
  • 3 years of previous experience as a real estate rep or equivalent experience

Additional required knowledge, skills, and abilities

Relationship Management

  • Effective communication and fundamental ability to influence
  • Contributes to the success of a high performing team
  • Ability to prepare and deliver effective presentations

Project Management

  • Intermediate project management skills
  • Understanding of typical project timelines
  • Basic knowledge of budget estimating Data Management
  • Ability to interpret and make fundamental assessments and decisions based on data and reports
  • Fundamental financial and marketing analytics

Real Estate Knowledge

  • Full understanding of industry and real estate best practices and standards
  • Negotiating skills - internal and external
  • Understand lease language, understanding the LOI
  • Market expertise – continuum
  • Preliminary market planning and strategy (application) site selection and planning, owning a market and trade area
  • Communication and presentation skills (written and verbal) – beginning to prepare and present a portfolio review

Store Development Knowledge

  • Experience with industry and Starbucks real estate best practices and standards
  • Solid understanding of store development role in Starbucks’ success

Join us and be part of something bigger. Apply today!

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

We are committed to creating a diverse and welcoming workplace that includes partners with diverse backgrounds and experiences. We believe that enables us to better meet our mission and values while serving customers throughout our global communities. People of color, women, LGBTQIA+, veterans and persons with disabilities are encouraged to apply.

Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal state and local ordinances. Starbucks Corporation is committed to offering reasonable accommodations to job applicants with disabilities. If you need assistance or an accommodation due to a disability, please contact us at [email protected]ks.com.

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