National Real Estate Manager

Job Description

McDonald's has big plans to grow faster, meet customer expectations, and make our brand even stronger through new restaurant development. By doubling down on our growth pillar of Restaurant Development, we are committed to leveraging our position of strength to grow the number of McDonald's restaurants across the U.S.

That's why, as we lay the foundation for continued long-term growth and rapidly accelerate the development of new restaurants, we are looking to add strong and dynamic team members to our US Restaurant Development team.

The National Real Estate Manager is a dealmaker for a specific territory in the US along with other areas as assigned. The objective of this position is to contribute to McDonald's National Development Plan by producing new, freestanding locations and leading deals from site selection through internal approvals, contractual negotiations, ground breaks, and openings.

Responsibilities:

• Develop, maintain, and implement a comprehensive, strategic market plan for a defined territory and lead daring new store growth goals

• Maintain strong market knowledge and an understanding of McDonald's coverage gaps, target markets, trends, projected home/work/shop growth, competition, and other factors that build real estate opportunities

• Lead network of real estate brokers to identify potential sites for new restaurant development and relocations

• Conduct sites tours with National RE Lead and Development Director to gain field approval of proposed sites

• In conjunction with McDonald's Analytics team, estimate and analyze sales performance of new restaurants to ensure accurate forecasting

• Prepare and present detailed, professional new restaurant site packages for Real Estate Committee approval

• Prepare and negotiate terms of letter of intent (LOI) and work with internal legal representation to negotiate lease or purchase contract for all approved sites

• Partner with coordination and construction teams to ensure project moves smoothly through due diligence, entitlements, and construction phases. Real estate stays with the project through opening and beyond. Oversee and lead each deal from initial market plan through LOI to opening

• Participate in weekly development department project status meetings and lead associated critical dates