Real Estate Manager
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Real Estate Manager
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About Team Car Care
Team Car Care is one of the nation's largest operators of Jiffy Lube service centers, serving customers across hundreds of locations with fast, reliable vehicle maintenance. Our marketing team drives awareness, traffic, and loyalty for our network of service centers through a mix of digital, local, and lifecycle marketing programs. We're looking for a Marketing Data Analyst to help us understand what's working, sharpen our targeting, and turn campaign data into decisions that drive business growth.
About the Role
The Real Estate Manager owns the full lifecycle of Team Car Care's real estate portfolio — from lease administration and renewals through network development and facilities oversight — while serving as the primary point of contact between senior leadership, the real estate and finance teams, and key external partners (including JLI, CBRE/Mohr Partners, and CoStar).
What You’ll Do
Senior Leadership & Cross-Functional Communication
Communicate regularly with the executive team and operations leaders to align real estate goals, strategies, tactics, and resource needs
Deliver recurring real estate and facilities updates to executive leadership, including bi-weekly Real Estate Committee (REC) calls and monthly executive updates
Manage relationships and communication with key external partners, including JLI, CBRE/Mohr Partners, and CoStar
Lease Administration & Renewals
Prepare leases and amendments, or review landlord-drafted versions, escalating complex or non-standard terms to the legal department as needed
Provide insurance certificates, estoppels, and SNDAs using legal-approved templates
Send deal summaries to the CSO prior to obtaining company signature on leases or amendments
Maintain all real estate documentation and serve as the subject matter expert on CoStar
Support the lease renewal negotiation process in partnership with Mohr Partners from early-stage market and options analysis, through proposal evaluation and value-capture negotiation, to final execution and document handoff for abstraction and recordkeeping
Third-Party Real Estate Management Oversight (~20% of Role)
Serve as the primary point of contact for the company's third-party real estate management partner, directing and reviewing their day-to-day transactional work
Oversee preparation of SNDAs and estoppel certificates, using legal-approved templates
Oversee processing of lease renewals, including tracking status, resolving open items, and ensuring timely completion
Review and quality-check third-party deliverables, escalating discrepancies or non-standard terms internally or to legal as needed
Network Development
Source store conversion and acquisition targets.
Evaluate potential expansion opportunities using standardized site-selection metrics, including financial diligence, in partnership with executive and operations teams
Partner with executive leadership and operations to set company-level and regional capital expenditure budgets
Gather field intelligence from operations teams to inform lease renewal strategy
Build-to-Suit Development & Relocations (~25% of Role)
Partner with a third-party real estate group to identify and source sites for build-to-suit development and store relocation.
Lead site selection and evaluation, including diligence on financial projections and alignment with company site criteria
Manage build-to-suit and relocation projects from site identification through completion, including coordination with franchisor and developer partners
Lead transaction negotiations for build-to-suit and relocation deals, including terms, timing, and documentation
Jiffy Lube Corporate Coordination (~10% of Role)
Coordinate with the Jiffy Lube corporate real estate group on land acquisition and site opportunities
Support franchisee takeover transactions from a real estate perspective, including lease and site review
Partner on new build and new concept development opportunities, aligning site strategy with brand standards
Facilities Oversight
Ensure store teams and contractors have a high-functioning system to initiate and complete facility work
Manage intake of facility work requests from landlords, property managers, and municipalities, and route them to the Facilities team
Oversee large-scale facilities projects, including floor replacements and reimage initiatives
Provide data to support rent, CAM, and facilities budget forecasting
Mergers & Acquisitions Support (~25% of Role)
Support M&A activities through financial and market analysis, diligence research, and critical thinking to inform deal evaluation
Partner with the executive/corporate development team on real estate diligence for acquisition targets
Assess acquired real estate portfolios for lease terms, condition, and strategic fit
Property Tax Coordination (~5% of Role)
Coordinate with third-party property tax consultant Ryan, LLC on property tax assessments, appeals, and related matters affecting store locations
What You’ll Need
Bachelor's degree in Real Estate, Business, Finance, or a related field (or equivalent experience)
5+ years of experience in commercial real estate, lease administration, or site development, ideally within a multi-unit retail or service-based business
Strong negotiation, analytical, and financial modeling skills, with the ability to evaluate lease and expansion economics
Experience with CoStar or comparable real estate management/data platforms preferred
Comfort operating in a fast-paced environment with competing priorities across a large store portfolio
Excellent written and verbal communication skills, with experience presenting to senior leadership
Ability to travel periodically to store locations and partner meetings
Team Car Care is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
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