[Hiring] Regional Real Estate Manager @Panda Restaurant Group

Role Description

The Regional Real Estate Manager (REM) is responsible for locating potential Panda store sites within the assigned geographic area for lease or purchase. This position prepares and implements market studies to determine the feasibility of potential sites. The REM presents potential sites and terms to the Real Estate Site Acquisition Committee (RESAC) and finalizes contract terms for approved sites.

• Locates potential Panda store sites within assigned geographic area by building relationships with the real estate community.
• Prepares and implements market studies on the feasibility of sites according to established guidelines, procedures, and policies.
• Negotiates site acquisition and presents potential sites to RESAC for approval.
• Prepares RESAC packages and ensures timely delivery to upper management.
• Meets or exceeds approved plan.
• Responsible for store openings achieving or exceeding RESAC approved sales.
• Collaborates with Development Manager and Construction Manager to leverage relationships and resources to keep store opening timeline on schedule.
• Finalizes contract terms in collaboration with Legal, Operations, and RD for approved sites.
• Develops and maintains strong relationships with Operations, Legal, RD, and Licensing related to site acquisition and development.
• Attends Operations team meetings and communicates frequently and effectively.
• Proactively conducts site tours with brokers and Operations team.
• Consistently updates all required tracking documents and department resources (RD Data Management Platform, Tour Tracker, Monthly updates to Operations partners, etc.).

Qualifications

• Bachelor’s degree in Real Estate or Business or related field required.
• 5+ years of real estate-related experience with increasing management/project management responsibility, preferably in the retail/hospitality environment, with strong track record of store openings and approvals.
• Successful completion of initial and periodically required trainings.
• Obtaining a valid Food Handler's Card within 30 days of employment is a requirement of this position.

Requirements

• Must reside around one of the following areas: DC, VA, MD.
• Approximately 75% travel, including 30% overnight travel. Applicants must be able to meet this requirement with or without reasonable accommodations.

Benefits

• 401K with company match.
• Yearly bonus opportunity.
• Full medical, dental, and vision insurance.
• On-site fitness center, biometric screen, and flu shot clinic.
• Discounts at Panda restaurants, theme parks, and gym memberships.
• Paid time off starting at 15 days with 7 federal holidays.
• Continuous education assistance and scholarships.
• Income protection including Disability, Life and AD&D insurance.
• Bereavement leave.

Company Description

Founded in Glendale, California, we are now the largest family-owned American Chinese Restaurant concept in America. With close to 2,800 locations globally, we continue our mission of delivering exceptional Asian dining experiences by building an organization where people are inspired to better their lives. Whether it’s impacting our team or the communities we work in, we’re proud to be an organization that embraces family values.