Associate Director of Real Estate

Company Description

McDonald’s is proud to be one of the most recognized brands in the world, with restaurants in over 100 countries that serve 70 million customers daily. We continue to operate from a position of strength. Our updated growth strategy is focused on staying ahead of what our customers want and realizing further growth potential. Our relentless ambition is why McDonald’s remains one of the world’s leading corporations after almost 70 years. Joining McDonald's means thinking big and preparing for a career that can have influence around the world.

At McDonald’s, we see every day as a chance to create positive impact. We lead through our values centered on inclusivity, service, integrity, community and family. From support of Ronald McDonald House Charities to our Youth Opportunity project and sustainability initiatives, our values keep us dedicated to using our scale for good: good for our customers, people, industry and planet. We also offer a broad range of outstanding benefits including a sabbatical program, tuition assistance and flexible work arrangements.

Job Description

The Role of the Associate Director of Real Estate is to lead a team of National Real Estate Managers across a large geography to produce new, freestanding locations from site selection through internal approvals, contractual negotiations, ground breaks, and openings, while improving system profits, income and return on investment. The focus of the position is to deliver the new restaurant opening plan, improve real estate processes, establish and participate in the planning processes, work with the various teams in home office that support development and provide support to the teams in the field in the areas of site acquisition methods and strategies for traditional new site identification and real estate development.

Responsibilities:

 Lead team of National Real Estate Managers to develop, maintain, and execute a comprehensive, strategic market plan for a defined territory and lead bold new restaurant growth goals

 Conduct site tours with National Real Estate Managers to approve proposed sites

 Develop and maintain relationships with property owners, retailers and shopping center owners while proactively generating new real estate opportunities through opportunity Real Estate

 Train or reinforce the training provided to the National Real Estate Managers to effectively use the tools and resources necessary to execute the Development Plan.

 Partner with counterparts in coordination and construction to ensure projects move smoothly through due diligence, entitlements, and construction phases to a successful restaurant opening.

 Support National Real Estate Director in the Opportunity Real Estate, Training, Acquisition Strategies and Execution of the National New Restaurant Plan.

 Plan and implement initiatives and projects developed in home office.

 Cultivate and promote working relationships with portfolio owners through the attendance and participation in meetings and conferences of national organizations.

 Collaborate with other fields within McDonald's to maintain relationships with portfolio property owners to maximize McDonald’s holdings.

Benefits eligible: Yes
Bonus eligible: Yes
Long term incentive eligible: Yes
The expected salary range for this role is $149260– $190310 per year 
The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors.

Qualifications

 BA/BS degree in a real estate or business field

 Extensive corporate commercial real estate experience

 Direct management of real estate teams that engage in ground up site acquisitions and commercial development

 Expert knowledge of development financial concepts, practices and theories

 Expert knowledge of legal real estate legal concepts relevant to new site acquisition

 Expert to advanced knowledge of real estate analytics

 Proven development of self, team and individual staff members

 Strong level of credibility to effectively influence decisions to meet department goals

 Excellent written and oral communication skills at all levels

 Strong interpersonal and relationship leadership skills

 Ability to travel approximately 60%+ of the time

 Ability to engage and influence Senior-level executives and partners

 Willingness to be flexible, adaptive, and to operate in a dynamic, fast paced environment

Additional Information

Benefits eligible: This position offers health and welfare benefits, a 401(k) plan, adoption assistance program, educational assistance program, flexible ways of working, and time off policies (including si