Job Description

Company Description:

At McDonald's, we are committed to being the best, and that starts with finding the best people. We have built a team of extraordinary people from around the world. We are problem solvers, risk takers, innovators, and thought leaders that take our work seriously, but have fun doing it. We challenge ourselves to get smarter and sharper every day, we value personal and professional growth, and believe in rewarding and celebrating our successes.

Job Description:

Position title: Real Estate Manager (Asset Management)
Department: Restaurant Development
Position band: Supervisory/Consultant (Global Grade 3)
Reports to: Senior Manager, National Asset
Type of position: Full-Time, Contract (12 months)
Location: Toronto, Burnaby, Dorval

The opportunity
How would you like to work for the #1 quick service restaurant operation in the world? We currently have an open position for a Real Estate Manager in the Restaurant Development Department. This role is part of a National Team and will be working on assigned sites reporting to the Senior Manager, Asset Management in Toronto. The successful candidate will be accountable to optimize their Real Estate portfolio for all Lease renewals, handle owned Real Estate assets and special projects.
Key customers include Head of Development, National Director - Asset Management & Property Taxation, Regional Director - Restaurant Development, Senior Regional Real Estate Manager, Construction Manager, Reinvestment Team, Owner/Operators and Regional Staff. This position also requires a strong working relationship and regular interaction with Landlord’s, Municipalities and outsourced consultants including Architects, Municipal Planning Consultants, Appraisers

Who you are
You are passionate about the real estate business and possess the leadership skills necessary to create trusting bonds and cooperate effectively in a team setting with both internal and external partners. You love to tackle problems and can think critically to make the right decisions. You have strong organizational and planning skills to move the company forward and make an impact on strategic initiatives. You are a change agent, with strong communication skills who can effectively support our system in a fast paced and agile environment.

What’s in it for you?
This is an unparalleled opportunity to join a growing organization during an exciting time of transformational change. You will gain exposure across all levels of the organization, from your team members to the Executives and Franchisees. You are looking for a company with a winning culture where you can grow in depth and breadth while making a tangible impact on central initiatives.

**This position is a Flex Hybrid Model, requiring 3 days in-office and 2 days remote.**

Principal Accountabilities: In addition to following McDonald’s policies and procedures, principal accountabilities include, but are not limited to:

  • Oversee all lease renewal activities for assigned sites, including preparing data for lease extension analysis, exercising options to renew on time, negotiating new rents and extended terms, and working with Legal as needed.
  • Work closely with National Property Managers on property maintenance issues, including operating costs disputes, estoppel/status certificates, landlord approvals and leasing issues.
  • Work directly with the Restaurant Development team in the coordination of all special projects, including renovation projects and site plan approvals.
  • Oversee an excess tenant and property portfolio, including necessary assessments, lease renewals, the sale or leasing of unoccupied sites, property management, and maintenance concerns, with a goal of increasing the value of and the returns for these assets.
  • Acquiring Real Estate assets
  • Work directly with internal and external Legal stakeholders to oversee and negotiate all expropriations/condemnations with municipalities/expropriating authorities, providing timely follow-ups to ensure that the maximum compensation is received, and future rights are safeguarded.
  • Review all public notices that impact the use and underlying value and rights associated with the portfolio, and partner with Legal and Government Relations as required to address issues to the benefit of the location or system as the case may be.
  • Ensure required lease reviews are conducted for any special projects.
  • The experience:
    • 6 to 10 years of Commercial Leasing and Asset Management experience.
    • Strong understanding of property valuation process & principles and their application in order to negotiate renewal terms and rents.
    • Demonstrated experience applying real estate and development principles
    • Legal drafting skills to be able to draft proposals and review legal documents
    • Strong understanding and ability to apply real estate law and planning
  • Communication and interpersonal skills: Excellent written, oral, interpersonal, and negotiation skills and the ability to effectively collaborate with internal and external partners.
  • Innovative problem-solving skills: Critical thinker and ability to escalate when assistance is needed in a timely manner.
  • Project management experience: Strong organization and multi-tasking skills with the ability to make critical decisions to drive project success
  • Technical skills: strong working experience in Microsoft Office applications (i.e.: Word, Excel, PowerPoint, Outlook etc.)
  • Agility: Ability to work in fast-paced environment with the ability to adjust quickly to change; multi-functional matrix organization experience is an asset.
Additional Information:

McDonald’s Canada and Owner/Operators are committed to a diverse and inclusive workplace for all. Our workplaces have a long-standing policy of providing fair, equitable, and accessible opportunities for all employees and prospective employees. Accommodations during the application process are available upon request. 

Application Instructions

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