Sr Manager of Real Estate Development

Austin, Texas

Torchy's Tacos
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Sr. Manager of Real Estate Development

The Torchy's legacy began in Austin, Texas in 2006 with an idea, a dedicated executive chef and a food trailer to now operating in dozens of locations across multiple states.

OUR MISSION: Be Damn Good. OUR VISION: Serve people the Best Damn Tacos.
OUR WHY: Passion. OUR MOTTO: Devil is in the details.

Let's Taco'bout what we need:

At Torchys our culture is everything. We need a Sr. Manager of Real Estate Development, who is a Deal Junkie and a Taco Junkie.

What does that mean? You are on a mission from God to bring Damn Good queso and tacos to the masses. You have a big heart and can talk to anyone, from the person making the queso to the big cheese. You love a challenge and stay honest and true; not afraid to make mistakes and learn from those mistakes (but you love to brag a little about your wins). You have enough respect for your teammates to be straight with them (especially when its uncomfortable) and enough love to party with them afterwards. You are a team player and recognize that healthy disagreement is a big part of being on a team. You recognize that growth has bumps and you are comfortable with the challenges that comes with a strong growth company. Above all else, you are passionate about your job, our brand, and our team.

What youll be doing:

The Sr Real Estate Development Manager (REDM) will serve as a member of the Business Development and New Store Opening (NSO) team for Torchys Tacos and reports directly to the Director of Real Estate

Will lead the team for a pre-defined area in market planning, site selection, LOI submittal, Corporate approval, and Lease negotiation

Comfortable handling 12-15 deals per year in multiple markets, including 2-3 deals per year in urban markets

Assemble all information necessary for real estate packages to be approved by Torchys executive team

Present real estate packages and other ad hoc work to the Torchys executive team

Maintain strong relationships with the broker community

Manage the real estate development calendar and pipeline, manage inflow of site opportunities; organize, prioritize, and report to Director of Real Estate

Understand deal points and non-negotiables for all deals, including the work letter

Work closely with the construction and design teams on ensuring that all of our sites are delivered in a manner that allows us to perform our build out

Maintain a working knowledge of all markets being developed and future markets of development

Evaluate potential sites and create site selection reports for potential store locations

Conduct market research to assist with the planning and development for expansion to new markets

Work across all departments to communicate site delivery, opening timeline, and deal pipeline

Work closely with Legal Counsel to negotiate lease terms and monitor lease movement; report progress

Develop and maintain strong relationships with our operations team

Ability to effectively communicate with all levels of the Torchys team is key

Minimum Qualifications

A Bachelor's degree or equivalent in Real Estate, Business Administration, or related field

5+ years experience, or relevant education, in the Real Estate industry, with a focus on site selection and acquisition in multiple markets; 2+ years restaurant experience is required, with a focus on fast casual strongly preferred

5+ years experience in real estate project management

2+ years experience in urban markets

Experience working with real estate analytics platforms and reports

Ability to work independently with minimal supervision; Apply good judgment in decision making

Excellent verbal and written communication skills, presentation skills and strong human relations skills

Creative problem-solving abilities and outstanding organizational skills

Strong computer proficiency; Excellent in MS Office applications

Active listener with a passion for learning

Strong attention to detail and good time management

Preferred Qualifications

MBA a plus

Experience in Southern California is a plus, but not a requirement

Travel

Ability to travel 4-6 nights per month in multiple markets

QUE-SOheres what we have to offer:

Full Benefits: Medical, Dental, Vision, 401k, Pet Insurance, and more.

PTO (paid time off)

Discount on Damn Good food and merch.

Bonus eligibility

$130k-$140k

Date Posted: 28 September 2022
Job Expired - Click here to search for similar jobs