Wright Brothers
Real Estate Manager- Red Ribbon, Chowking, & Milksha
Wright Brothers, Covina, California, United States, 91722
Overview
Real Estate Manager - Red Ribbon, Chowking, & Milksha at Wright Brothers. This role will manage site selection, lease negotiations, portfolio optimization, and real estate strategy to support our growth and operational needs. The ideal candidate is a strategic thinker with in-depth knowledge of the U.S. real estate market and the ability to collaborate with cross-functional teams to ensure successful project delivery. Responsibilities
Lead the site selection process for new locations across diverse markets, evaluating real estate opportunities through demographic analysis, market trends, and competitive landscape. Ensure that each location supports brand objectives and optimizes market penetration, including identifying high-potential areas for franchise expansion. Lead negotiations for leasing agreements, renewals, and expansions. Collaborate with legal and finance teams to structure favorable terms and manage lease compliance. Oversee the management and optimization of the companys real estate portfolio, ensuring operational efficiency and cost-effective lease terms. Act as a primary point of contact for franchisees regarding real estate matters. Provide guidance and support in identifying, negotiating, and securing locations for new franchise stores. Ensure franchisees adhere to company real estate standards and timelines for site development. Conduct market research to identify emerging trends, potential locations for expansion, and competitive analysis to inform site selection decisions. Build and maintain strong relationships with external stakeholders, including real estate brokers, landlords, property managers, and legal counsel. Ensure that all real estate transactions and activities comply with relevant legal, regulatory, and environmental requirements. Identify and mitigate risks associated with real estate assets and transactions across all brands, including franchise locations. Qualifications
Bachelors degree in Real Estate, Business Administration, or related field. An advanced degree is a plus. Minimum of 5-7 years of experience in real estate management, with a focus on site selection, lease negotiations, and portfolio management. Experience in the QSR or retail industry is a plus. Must be located in Southern California. Strong understanding of the U.S. real estate market, trends, and regulations. Proficiency in real estate financial modeling, market analysis, and lease negotiations. Strong project management skills with the ability to manage multiple priorities. Strong business acumen with the ability to think strategically and execute effectively. Highly organized and detail-oriented. Proactive, adaptable, and able to work in a fast-paced environment. Ability to work independently and as part of a cross-functional team. Excellent negotiation and communication skills. This position requires travel to Texas, Washington, Nevada, Hawaii and other designated locations on a monthly basis. Seniority level
Mid-Senior level Employment type
Full-time Job function
Sales and Management Industries
Restaurants #J-18808-Ljbffr
Real Estate Manager - Red Ribbon, Chowking, & Milksha at Wright Brothers. This role will manage site selection, lease negotiations, portfolio optimization, and real estate strategy to support our growth and operational needs. The ideal candidate is a strategic thinker with in-depth knowledge of the U.S. real estate market and the ability to collaborate with cross-functional teams to ensure successful project delivery. Responsibilities
Lead the site selection process for new locations across diverse markets, evaluating real estate opportunities through demographic analysis, market trends, and competitive landscape. Ensure that each location supports brand objectives and optimizes market penetration, including identifying high-potential areas for franchise expansion. Lead negotiations for leasing agreements, renewals, and expansions. Collaborate with legal and finance teams to structure favorable terms and manage lease compliance. Oversee the management and optimization of the companys real estate portfolio, ensuring operational efficiency and cost-effective lease terms. Act as a primary point of contact for franchisees regarding real estate matters. Provide guidance and support in identifying, negotiating, and securing locations for new franchise stores. Ensure franchisees adhere to company real estate standards and timelines for site development. Conduct market research to identify emerging trends, potential locations for expansion, and competitive analysis to inform site selection decisions. Build and maintain strong relationships with external stakeholders, including real estate brokers, landlords, property managers, and legal counsel. Ensure that all real estate transactions and activities comply with relevant legal, regulatory, and environmental requirements. Identify and mitigate risks associated with real estate assets and transactions across all brands, including franchise locations. Qualifications
Bachelors degree in Real Estate, Business Administration, or related field. An advanced degree is a plus. Minimum of 5-7 years of experience in real estate management, with a focus on site selection, lease negotiations, and portfolio management. Experience in the QSR or retail industry is a plus. Must be located in Southern California. Strong understanding of the U.S. real estate market, trends, and regulations. Proficiency in real estate financial modeling, market analysis, and lease negotiations. Strong project management skills with the ability to manage multiple priorities. Strong business acumen with the ability to think strategically and execute effectively. Highly organized and detail-oriented. Proactive, adaptable, and able to work in a fast-paced environment. Ability to work independently and as part of a cross-functional team. Excellent negotiation and communication skills. This position requires travel to Texas, Washington, Nevada, Hawaii and other designated locations on a monthly basis. Seniority level
Mid-Senior level Employment type
Full-time Job function
Sales and Management Industries
Restaurants #J-18808-Ljbffr