Sr. Manager, Real Estate Asset Management, Tim Hortons

May 3 2024
Industries Accomodations, Food services
Categories Trading, Asset management
Toronto, ON • Full time

About Restaurant Brands International:

Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with over $40 billion in annual system-wide sales and over 30,000 restaurants in more than 100 countries. RBI owns four of the world's most prominent and iconic quick service restaurant brands - TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities.

Overview:

The Tim Hortons Real Estate team manages over 4,000 properties across Canada and the US. This is an opportunity to join our team as a Senior Manager, Real Estate Asset Management. This role is an exciting opportunity to manage the Western Canada Tim Hortons real estate portfolio. This role works closely with the broader Tim Hortons Development Team and the Tim Hortons Real Estate leadership team, as it shapes the direction of our real estate portfolio in Canada and the US.

Responsibilities:

  1. Manage the Tim Hortons real estate portfolio for Western Canada, primarily focused on lease renewals
  2. Renew leases with external landlords: negotiate market rates, key clauses in leases, and extension options
  3. Develop and maintain relationships with landlords, developers, and brokers
  4. Work with legal counsel to complete leases and amendments
  5. Additional responsibilities: support property purchases, dispositions, renovations, adding drive-thru lanes, etc.
  6. Prepare approval memos, updates, and recommendations related to your portfolio for the Tim Hortons Real Estate Committee
  7. Complete ongoing market and property analyses, including regular site visits and market tours
  8. Work closely with the broader Tim Hortons Real Estate & Development Team and other stakeholders
  9. Represent the Tim Hortons brand to all stakeholders in a first-class manner

Preferred Qualifications:

  1. Bachelor's degree in business, real estate, or similar
  2. 4+ years in commercial real estate leasing experience preferred
  3. Experience negotiating and drafting commercial leases
  4. Market knowledge of commercial leasing industry, market rates, landlords, large-scale developments in Canada, and general real estate trends, particularly in Western Canada
  5. Very strong organization, communication, and presentation skills
  6. Ownership mentality and ability to close out deals

Restaurant Brands International and all of its affiliated companies (collectively, RBI) are equal opportunity and affirmative action employers that do not discriminate on the basis of race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or veteran status, or any other characteristic protected by local, state, provincial or federal laws, rules, or regulations. RBI's policy applies to all terms and conditions of employment. Accommodation is available for applicants with disabilities upon request.

#TimHortons

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