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Real Estate Manager

Insomnia Cookies
401(k)
United States, Pennsylvania, Philadelphia
1 South Broad Street (Show on map)
Nov 23, 2024
Based in Philadelphia and reporting 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 vetting real estate strategies, travelling to and evaluating target markets and specific opportunities, negotiating LOI's, supporting lease negotiations and supporting all refresh/lease renewal efforts for locations within the portfolio of bakeries.
Sweet Position Perks:
* 4 day work week!! (yupp, we get every Friday off)
* A competitive base salary plus annual bonus compensation package
* Enrollment in our Cookie Jar deferred compensation program
* Excellent comprehensive benefits coverage that includes medical, dental, vision, prescription plans and pet insurance
* 401K with contribution match
* Paid vacation plus 2 Insomnia Cookies personal wellness days
Job Responsibilities:
    • Work with the real estate team, real estate partners and network of local brokers to deliver on-brand expansion opportunities
    • Search for and uncover real estate opportunities through industry leading platforms
    • Execute market analysis for real estate opportunities and deliver economically acceptable terms and conditions with a focus on ROI
    • Participate in real estate committee meetings by preparing and presenting specific material including site proposals, site assessments, market assessments and proformas.
    • Support lease negotiations, refresh/lease renewal efforts with cross-functional team leaders
    • Managing and building relationships with landlords and brokers across the country
    • Being a champion of the brand that fits and promotes the brand and culture to the industry
Desired Skills & Qualifications:
    • 5-7 years of experience in commercial real estate (QSR with delivery preferred) and/or multi-unit retail industry; bachelor's degree required
    • 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
    • A strong track record of business partnering with C-suite/senior level executives
    • 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
    • Thrives in a fast-paced, often ambiguous, and lean environment
    • Ability to work independently
    • Driven, creative problem solver 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
About us:
Insomnia Cookies was founded in a college dorm room by then-student, Seth Berkowitz. Fast forward 20 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 300 stores globally, 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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