Associate Real Estate Manager

Panda Restaurant Group

(Rosemead, California)
Full Time
Job Posting Details
About Panda Restaurant Group

Panda Restaurant Group, the world leader in Asian dining experiences and parent company of Panda Inn, Panda Express and Hibachi-San, is dedicated to becoming a world leader in people development. Whether through sharing good food with guests or providing opportunities for professional and personal growth with associates, all are embraced in a genuine family environment that is uniquely Panda.

Summary

Under the oversight of a Senior Real Estate Manager, the Associate Real Estate Manager is responsible for locating potential Panda Express store sites within an assigned geographic area by building relationships with the real estate community, including brokers and developers. This Position negotiates Panda Express store locations and the contracts associated with these transactions under the oversight of a Senior Real Estate Manager and/or Director, with increasing independence. This position requires a willingness to relocate to any city as assigned.

Responsibilities
  • Under oversight of a Real Estate Manager, locates potential Panda Express store sites within assigned geographic area by building relationships with the real estate community, including brokers and developers.
  • Prepares and implements market studies on the desirability of sites according to established guidelines, procedures, and policies.
  • Develops and maintains strong relationships with Operations, Legal, and RD related to site acquisition and development. Builds strong relationships with REMs. Attends Operations team meetings and communicates effectively.
  • Maintains line of communication between business partners/licensees and Operations, Property Management, and Legal teams.
  • Under oversight of a Senior Real Estate Manager, negotiates site acquisition including preparing tours for Operations and Real Estate Directors. Assists in the preparation of RESAC packages and the presentation of potential sites to the Real Estate Site Approval Committee (RESAC) for approval.
  • Handles all requests completely, accurately, and within agreed upon timelines (i.e., developer list, sign up for RECON booth, etc.). Updates and maintains real estate databases (Expesite, PRESTO).
Ideal Candidate
  • Bachelor’s degree in Real Estate or Business or related field required
  • Minimum three to five years of relevant business experience, in a retail/hospitality environment preferred
  • Successful completion of annual store training
Compensation and Working Conditions
Benefits Benefits included

Additional Notes on Compensation

Panda offers competitive benefits and rewarding opportunities.

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Rosemead, California
Skills Desired
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  • Databases
  • Geographic
  • Legal
  • Property Management
  • Retail
  • Presto
  • Real Estate
  • Business
  • Acquisition
  • Expesite
  • Real Estate Site Approval Committee (RESAC)

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