Real Estate Manager (Central) Job at Insomnia Cookies
Insomnia Cookies is on a journey to become the most imaginative sweet indulgence brand in the world. As we grow our company and community of Insomniacs, we actively adding a skilled
Real Estate Manager to our expanding Real Estate team! Based out of the
Central United States and reporting directly to the Vice President of Real Estate, the Real Estate Manager will be accountable for executing the company’s real estate growth strategy and supporting the real estate needs of operating bakeries. This role will assist in defining and vetting real estate strategies, traveling to and evaluating target markets and specific opportunities, negotiate LOI’s and supporting lease negotiations. The Real Estate Manager will participate in weekly Real Estate Committee meetings and support all refresh/lease renewal efforts for locations within the portfolio of bakeries.
Sweet Position Perks:
- A competitive base salary plus annual bonus compensation package
- Enrollment in our Cookie Jar internal equity program
- Excellent comprehensive benefits coverage that includes medical, dental, vision, prescription plans and pet insurance
- 401K with contribution match
- 3 weeks paid vacation plus 2 Insomnia Cookies personal wellness days
- Company cell phone and laptop
Specifically, s/he/they will be responsible for:
- Managing and building relationships with landlords and brokers across the country; negotiating business terms with landlords (including lease renewals) to ensure all projects have best-in-class support
- Executing market analysis for real estate opportunities and deliver economically acceptable terms and conditions with a focus on ROI
- Participating in real estate committee meetings by preparing and presenting specific material including site proposals, site assessments, market assessments and pro formas.
- Supporting lease negotiations, refresh/lease renewal efforts with cross-functional team leaders
- Being a champion of the brand that fits and promotes the brand and culture to the industry
The ideal candidate possesses:
- 5+ years of experience in commercial real estate (QSR with delivery preferred) and/or multi-unit retail industry
- Bachelor’s degree from an accredited university
- A strong understanding of relevant site analytic and sales forecasting tools to identify profitable locations
- Experience working with a large real estate portfolio and pipeline
- An expansive national network of brokers and landlords
- Outstanding interpersonal and communication skills and proven experience in cultivating collaborative working relationships with teams across an organization
- An ability to meet tight deadlines and prioritize workloads
- Ability to work independently
- Driven, creative problem solver mentality that consistently acts with integrity, speaks up, and assumes best intentions
- An owner's mindset, with the ability to approach feedback and problems with a positive attitude
- Strong analytical and organizational skills
- Solid negotiation skills with a high capacity for managing complexity
- Outstanding strategic planning and project management capabilities demonstrated in complex, fast-paced, and competitive environments
- A hands-on, tech-savvy, and data-driven approach
- Ability to travel as needed and spend time in the field (travel will be up to 60% of the year throughout the US)
About us:
Insomnia Cookies was founded in a college dorm room by then-student, Seth Berkowitz. Fast forward 19 years and so. many. cookies. later, our innovative bakery + delivery concept has become a cult brand known for its rabid following of cookie lovers who crave Insomnia’s warm, delicious delivery all day and late into the night. With an expanding footprint of over 235 stores nationally, an experiential, “sweet-easy” concept as the brand’s flagship in Philadelphia, Pa. (where Insomnia Cookies is headquartered), and a rapidly-growing nationwide shipping and gifting portfolio, Insomnia Cookies is revolutionizing the cookie game by truly "Imagining What’s Possible"!
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