Real Estate Acquisition and Development Manager

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Job description

Summary/Objective

The Real Estate Acquisition and Development Manager is responsible for strategically identifying, tracking and analyzing real estate and acquisition opportunities by market based on company expansion goals.

Responsibilities

• Build and manage a pipeline of potential sites in markets identified for expansion and reporting on pipeline progress.
• Develop and cultivate relationships with land owners, brokers and developers to give Rutter's the best positioning for deals.
• Identify, evaluate, present, and arrange sites tours for owners and Real Estate Committee.
• Oversee and coordinate a team of internal and external resources responsible for project specific action plans on new site development, including but not limited to, due diligence, planning, zoning, entitlements, and full right to build permitting processes.
• Direct new site acquisition due diligence processes and establish initial project timing and conversion scope of works, as well as provide estimates of expected project costs based on preliminary due diligence for proforma development and analysis.
• Ensure project requirements are satisfied and timing/budgets are maintained for capital projects.
• Identify potential project impediments and provide direction on appropriate course of action.
• Lead and proactively communicate all deals to internal stakeholders of the process.
• Provide direction on course of action to address project specific issues to ensure successful project entitlement and permitting.
• Meet with local and state agency staff and elected officials, as necessary to discuss project specific issues requiring resolution for entitlement approvals.
• Attend and provide presentations at public hearings and municipal meetings as owner's representative throughout development entitlement and permitting approval process.
• Work with developers through construction issue related negotiations, due diligence, site design, project entitlement, construction and final project completion.
• Consult with internal Legal department to complete required legal documents to secure property for new store development continuously weighing risk/reward factors.
• Work closely with the financial team to build proformas for executive leadership evaluation.

Preferred Education and Experience

• Bachelor's degree is preferred.
• In lieu of a degree, 8 - 10 years of relevant and related experience.
• Knowledge of Real Estate transactions from start to finish with emphasis on acquisition and development, purchase and lease negotiation, real estate and contract law, real estate valuation, entitlement processes, and best practices of real estate project management.
• Ability to read/understand surveys, traffic and geotechnical reports.

EEO Statement

Rutter's provides equal employment opportunities to all employees and applicants for employment without regard to race, color, ancestry, national origin, gender, sexual orientation, marital status, religion, age, disability, gender identity, results of genetic testing, service in the military, or any other protected status under Local, State or Federal Regulations.