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Director, Real Estate - Circle K Wholesale in Allentown, PA at Circle K

Date Posted: 3/22/2019

Job Snapshot

Job Description

Circle K is a great place to work! Here is why:
We know that you can work anywhere. However, working at Circle K is the start of something great! While you make it easy for our customers, we focus on you and your development! Our people make us who we are. We want to see you grow, so we put growing together at the forefront of everything we do. It is our duty to provide you with the tools and resources that you need to succeed. Joining Circle K means joining a team that is devoted to you!

Job Title:  Director of Real Estate, Circle K Wholesale

Date:  December 2018

Division/Organizational Unit:  Real Estate

FLSA:  Exempt


Allentown, PA

Reports to:

Sr. Director, Fuels and Strategy

Position Summary:

Describe overall job purpose (reason it exists).

Develop long and short-term plans for Real Estate asset portfolio for both Cross America and National Wholesale Fuels heritage portfolios. Lead the implementation of those plans across the organization working collaboratively with the operations teams. These plans include investments, acquisitions, renewals, divestments and decapitalizations of both operating and surplus and idle properties.

Major Accountabilities:

  • Direct the Retail Real Estate analysts to provide real estate support services to the company
  • Direct the Real Estate analysts in their oversight of lease administration to assure that lease requirements are satisfied.  This includes the oversight of lease payments, percentage rental payments, timely renewals, adherence to lease terms and proper response to all lease requirements
  • Manage departmental activity to assure that the real estate analysts provide support to the real estate field representatives and to meet the company’s real estate objectives
  • Manage the Real Estate staff in their administration of the real estate portfolio including of approximately 1,000 properties including 200 leases
  • Determine the company’s direction for all real property asset sales and lease administration for both operating and surplus property
  • Identifies investment/divest opportunities by: developing, maintaining and implementing a strategic market plan for each site and profit sector; performing economic analysis for all market plan invest/divest activities; monitoring activities of competitors; expansion patterns and plans of the market, demographic characteristics, property values and political climate.
  • Implements market plan by identifying, evaluating and recommending new store sites or relocations by utilizing site selection computer models such as Market Planning Systems Inc., National Decision Systems, KPMG and other demographic and financial information available.
  • Manage the closing of all real estate transactions for the disposal of surplus real property.  This includes the disposition of property through sale, condemnation, lease assignment, sublease or early termination
  • Negotiation and technical contact with Lessors, attorneys, real estate brokers and title companies are a primary function of the position duties
  • Manage the development of reports documenting the corporate Real Estate portfolio and maintain on-going current database reports of the company’s real property assets

Knowledge, Skills, and Abilities (required):

  • Fuel and Convenience retail expertise
  • Understanding of PMPA and Franchise Law
  • Proven negotiation skills
  • Collaboration and influence

Knowledge, Skills, and Abilities (preferred):

  • Real Estate Agent/Broker License

Education and Experience Requirements:

List any certifications, licenses, etc. required for the position.

  • Bachelor’s degree in Real Estate, Business, Accounting or related field
  • 10 years experience in Real Estate, Retail Marketing or Operations
  • 3 years of supervisory experience

Physical Demands:

Complete physical activity inventory.  Make any changes as required.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  While performing the duties of this job, the employee is regularly required to walk, sit, talk and hear.  The employee is occasionally required to stand; use hands to finger, handle, or feel; reach with hands and arms; and may occasionally be required to climb or balance; and stoop, kneel, crouch, or crawl.  The employee may occasionally lift and/or move up to 40 pounds.  Specific vision abilities required by this job include close vision, color vision, peripheral vision, depth perception and ability to adjust focus.

Work Environment:

Complete working conditions inventory.  Make any changes as required.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  The noise level in the work environment is usually moderate.

Circle K is an Equal Opportunity Employer.
The Company complies with the Americans with Disabilities Act (the ADA) and all state and local disability laws.  Applicants with disabilities may be entitled to a reasonable accommodation under the terms of the ADA and certain state or local laws as long as it does not impose an undue hardship on the Company. Please inform the Company’s Human Resources Representative if you need assistance completing any forms or to otherwise participate in the application process.

Click below to review information about our company's use of the federal E-Verify program to check work eligibility:

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