Real Estate Acquisition Manager; Houston​/DFW

Location:

THE WOODLANDS, TX, US, 77380

Assist the Director of Real Estate or Division Real Estate Manager in identifying potential store locations. Manage acquisition of approved locations and assist with obtaining zoning, variances, plan approvals and permits for new store construction to meet Strategic Plan goals. Control professional service and development costs on all projects and represent the company’s interests in the local real‑estate and development community.

Lead, mentor and train new employees and peers with less experience.

• Maintain a sufficient number of locations for review and approval to achieve the goals of the Strategic Plan.
• Develop and maintain expert knowledge of each assigned box and area.
• Maintain a workload commensurate with advanced real‑estate experience.
• Identify and research potential sites.
• Prepare Site Approval packages per the guidelines.
• Develop an acquisition strategy for placing a site under contract.
• Obtain the correct location.
• Control land costs.
• Expedite the acquisition process.
• Meet productivity goals of site approvals (25%) for the current fiscal year.
• Negotiate all deals to the company’s utmost benefit.
• Employ perseverance and a sense of urgency.
• Maintain a network of skilled, production‑oriented real‑estate brokers.
• Understand basic real‑estate market values.
• Meet productivity goals of contracts signed (25%) for current fiscal year.
• Assist with zoning, planning, variance and permitting issues.
• Meet with state, county and city planning, zoning and engineering departments.
• Attend relevant public meetings.
• Understand the area's political arena.
• Develop and maintain professional relationships with utility companies, governmental agencies, elected officials, developers, brokers, investors, landlords, attorneys, consultants and title companies.
• Participate in public initiatives that benefit the company (10%).
• Assist with overall project management.
• Conduct a handoff of project information.
• Assist with development, implementation and maintenance of the critical path.
• Assist with development strategies concerning site development process, compliance with federal, state and local requirements, retention of Quik Trip standards, profitability and prevention of dead deal costs.
• Provide timely project reporting and tracking (5%).
• Prepare and manage contracts, leases, easements and development agreements.
• Ensure documents are completed timely, accurately and serve the best interests of the company.
• Coordinate with local attorney, Quik Trip General Counsel or Corporate Counsel.
• Review documents with the Director of Real Estate or Division Real Estate Manager.
• Ensure all deadlines are met.
• Review and prepare documents for close of escrow.
• Ensure Title Insurance policy and commitment are correct and meet standards (15%).
• Coordinate documents between sellers, neighbors and store development personnel (10%).
• Assist with special projects, including the Sale Lease Back Program, Surplus Property Program and operating store lease extensions (5%).
• Maintain open communication with construction personnel.
• Attend pre‑bid and pre‑construction meetings.
• Ensure accurate preparation of bid and construction documents.
• Provide details on design, permitting, utility, signage, landscaping and potential construction issues.
• Assist Construction Manager with issue/conflict resolution and cost control (5%).

Reports to: Director of Real Estate or Division Real Estate Manager
Indirectly supervises: Store Development Coordinator

Inside the Company: Store Development, Corporate Counsel, Store Development Accounting, and Operations staff.
Outside the Company: Brokers, developers, surveyors, engineers, architects, governmental officials, attorneys, investors, property owners and other consultants.

Required

Education:

College degree in Real Estate, Business or Engineering or equivalent experience.
Desired

Education:

Advanced degree in Business or Engineering.
Required Experience: Three years’ experience in commercial real estate acquisition and/or development.
Desired

Experience:

Five years’ experience in a commercial real estate acquisition and/or development.
Required Skills: Layout site plans, estimate construction costs, excellent negotiation skills, communication and organization skills, personal computer skills, critical thinking and problem‑solving skills.
Desired

Skills:

Experience in site selection, contract and lease negotiation and project management.

Additional Criteria: Availability by phone/email and access to calendar, contacts and data while out of the office. Proficiency in job functions is expected within two years, with advancement to Real Estate Manager II within three years.

Must be able to travel extensively to existing QT markets and/or RSN regions to perform functions related to site selection, acquisition and development.