Senior Real Estate Representative

RaceTrac Company Overview

Job Description:

The Senior Real Estate Representative is responsible for managing the real estate operations and store growth of a designated region(s) as well as negotiating agreements to ultimately achieve the organization’s real estate growth goals. This individual collaborates with a Real Estate Manager, Senior Manager, or Director and cross-functional departments to ensure the highest quality stores at superior locations. Up to 50% travel required.

Currently open to the Atlanta or Dallas-Fort Worth metros.

What You'll Do:

• Provides management of the regional real estate activities including land and building acquisitions, leasing, site location and selection, and the disposition of underperforming stores and surplus properties (if applicable).

• Negotiates agreements, contracts and leases for existing stores and new sites with full ownership of regional market

• Collaborates with the Legal, Engineering, Design, and Construction departments to ensure department and regional real estate goals are met, and partners with these teams in the development process.

• Maintains an overall knowledge of the processes, procedures, and legalities within the region.

• Provides ongoing analyses of existing stores’ metrics and new store performance projections; creates and implements solutions to enhance performance and profitability.

• Conducts on-site visits to evaluate potential locations, gaining firsthand insights to inform decision-making and negotiation strategies for ownership.

• Offers advice on differentiating between various store types; RaceTrac, RaceWay, or travel center based on best use of land.

• Collaborates with the real estate analytics team to analyze financial and market research data for each site.

• Conducts or oversees inspections and evaluations of prospective property acquisitions.

• Interacts with potential sellers to understand their requirements and effectively market the properties.

• Work closely with A&D, Engineering, and Construction teams to ensure that project designs are feasible and aligned with objectives.

• Present proposals for each site at real estate leadership committee meetings, including details on leasing or purchasing options, ROI, project estimates, site approval criteria, and any potential challenges.

• Conduct or coordinate inspections and evaluations of potential property acquisitions.

• Connect with prospective sellers to grasp their needs and tailor marketing strategies for the properties.

• Mentors and develops Real Estate Analysts as needed

What We're Looking For:

• 4+ years’ experience with full development lifecycle, real estate acquisitions OR 5+years’ related commercial real estate experience strongly preferred

• 3+ years internal experience in Real Estate, Construction, Engineering, or related field

• Proficient with MS Office Suite preferred

Fueled by Growth, Driven by You

At RaceTrac, our people make the difference. Whether you’re working in a store, at our corporate office, or on the road, you’ll be part of a team that brings energy, innovation, and a passion for serving others every day. We support each other, celebrate wins big and small, and create opportunities for growth at every level. With four operating divisions RaceTrac, RaceWay, Energy Dispatch, and Gulf - there’s always a new challenge to take on and a new path to pursue. Join us and discover how far your career can go.

To see what #LifeatRaceTrac is like, visit our LinkedIn, Facebook, and Instagram pages.

Responsibilities:

• Provides management of the regional real estate activities including land and building acquisitions, leasing, site location and selection, and the disposition of underperforming stores and surplus properties (if applicable).
• Negotiates agreements, contracts and leases for existing stores and new sites with full ownership of regional market
• Collaborates with the Legal, Engineering, Design, and Construction departments to ensure department and regional real estate goals are met, and partners with these teams in the development process.
• Maintains an overall knowledge of the processes, procedures, and legalities within the region.
• Provides ongoing analyses of existing stores’ metrics and new store performance projections; creates and implements solutions to enhance performance and profitability.
• Conducts on-site visits to evaluate potential locations, gaining firsthand insights to inform decision-making and negotiation strategies for ownership.
• Offers advice on differentiating between various store types; RaceTrac, RaceWay, or travel center based on best use of land.
• Collaborates with the real estate analytics team to analyze financial and market research data for each site.
• Conducts or oversees inspections and evaluations of prospective property acquisitions.
• Interacts with potential sellers to understand their requirements and effectively market the properties.
• Work closely with A&D, Engineering, and Construction teams to ensure that project designs are feasible and aligned with objectives.
• Present proposals for each site at real estate leadership committee meetings, including details on leasing or purchasing options, ROI, project estimates, site approval criteria, and any potential challenges.
• Conduct or coordinate inspections and evaluations of potential property acquisitions.
• Connect with prospective sellers to grasp their needs and tailor marketing strategies for the properties.
• Mentors and develops Real Estate Analysts as needed

Qualifications:

All qualified applicants will receive consideration for employment with RaceTrac without regard to their race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.