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Real Estate Project Manager

Company Description

Eataly is the world’s largest artisanal Italian food and beverage marketplace! Eataly is not a chain; each Eataly is different, with its own character and own theme – but all with the same aim... for our guests to:

  • EAT authentic Italian food at our restaurants, cafés and to-go counters
  • SHOP a selection of high-quality Italian, local and homemade products
  • LEARN through our classes and our team’s product knowledge

Job Description

JOB OVERVIEW

The Real Estate Project Manager plays a lead role in delivering on Eataly’s North America growth plans. The Real Estate Project Manager is responsible for managing various components of the early new store delivery process with an emphasis on project initiation, due diligence, and lease negotiation. The Real Estate Project Manager is also responsible for landlord coordination alongside the Design & Construction and Operations teams and acts as the day-to-day point of contact for real estate developers and landlords for any Store Development-related activities.

Reports to the Head of Real Estate, North America.

  • In collaboration with the Head of Real Estate, regularly updates the Eataly Executive Team on Real Estate Development Strategy and ongoing projects
  • Manages day-to-day relationship with external stakeholders including Landlord, Real Estate Consultants, Owner Representative, Legal Consultant
  • Main point of contact and subject matter expert in Buxton to analyze data for potential markets, and Leasecake for lease management software.
  • Maintains all document flow and version control of Letters of Intent, P&L documents as well as all deal documents
  • Supports and collaborates with the Head of Real Estate and Legal Analyst in deal negotiation, from rent analysis, to review and execution of letter of intent (LOI) to lease agreement and subsequent amendments
  • Organizes and standardizes materials to make processes more efficient. Create cadence for Real Estate Committee, Board approvals and to develop speed to market sequencing
  • Creates Power Point presentations for assessment of perspective markets and for internal and external stakeholders
  • Acts as a liaison between Eataly’s Senior Leadership team, the Design & Construction team, the Operations team, and external parties in coordinating the due diligence and pre-development phases on new projects
  • Coordinates, jointly with the Owner Representative and the Design & Construction team, the first technical and architectural assessment of perspective locations, the delivery of conceptual layouts and related preliminary capex estimates
  • Develops preliminary pro-forma P&L in collaboration with the Finance and Operations teams

Qualifications

QUALIFICATIONS

  • Exceptional project management and time-management skills
  • Proficient in PowerPoint and Excel
  • Outstanding attention to detail and organizational skills
  • Bachelor’s Degree preferred
  • Ability to communicate in Italian strongly preferred
  • Previous experience in managing complex projects
  • Experience with store or restaurant rollouts and understanding of operations
  • Ability to review legal language pertaining to real estate transactions
  • Strong finance skills and proven success in financial analysis
  • Excellent communication and problem-solving skills

JOB REQUIREMENTS

  • Availability to travel up to 20% of the time (and more, if needed on specific projects)
  • In office required minimum 3 days per week

Additional Information

Benefits and Perks

  • Medical, Dental, Vision Insurance
  • Paid Time Off
  • Paid Parental Leave
  • 401K with match or RRSP
  • Bonus program
  • Free family meal daily
  • Discounts at Eataly
  • Classes on products and Italian cuisine
  • Referral bonus program
  • and more!

Anticipated Pay Range: $85,000 - $95,000

Eataly is an equal employment opportunity employer. It is the Company’s policy to not unlawfully discriminate against any applicant or employee on the basis of race, color, sex, sexual orientation, religion, national origin, age, disability or any other characteristic made unlawful to consider by applicable federal, state, or local laws. Eataly also prohibits harassment of applicants and employees based on any of these protected categories. It is also Eataly’s policy to comply with all applicable federal, state and local laws regarding consideration of unemployment status, salary history, credit/bankruptcy history and criminal background/conviction history in making hiring decisions.  If contacted for an employment opportunity, please advise Human Resources if you require accommodation.

Average salary estimate

$90000 / YEARLY (est.)
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$85000K
$95000K

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What You Should Know About Real Estate Project Manager, Eataly North America

Join Eataly as a Real Estate Project Manager and be a key player in our exciting growth journey across North America! At Eataly, we curate a unique artisanal Italian food marketplace that captures the essence of authentic dining and shopping. As the Real Estate Project Manager, you’ll have the wonderful opportunity to manage the early delivery processes for new stores, driving everything from project initiation to lease negotiation. With a focus on collaboration, you will work closely with the Head of Real Estate and our Design & Construction and Operations teams. You’ll be the go-to person for real estate developers and landlords, keeping all parties in sync as we expand our community of food lovers. Your role will also encompass critical tasks such as managing relationships, coordinating marketing presentations, and ensuring smooth document flow and version control of essential project materials. To thrive in this role, you’ll need exceptional organizational and time-management skills, a keen eye for detail, and a solid background in managing complex projects. If you possess a Bachelor’s Degree, experience in restaurant rollouts, and strong financial acumen, you’re well on your way to joining the Eataly family! With benefits like paid parental leave, discounts on delicious food, and a vibrant work environment, this is a fantastic opportunity to grow your career and indulge in Italy’s culinary delights with us!

Frequently Asked Questions (FAQs) for Real Estate Project Manager Role at Eataly North America
What are the main responsibilities of a Real Estate Project Manager at Eataly?

The Real Estate Project Manager at Eataly is tasked with overseeing the early delivery processes for new store locations, which involves project initiation, due diligence, and lease negotiations. You'll manage day-to-day interactions with landlords and real estate consultants, coordinate with the Design & Construction team, and ensure continuity in all documentation and project flow.

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What qualifications do I need to apply for the Real Estate Project Manager position at Eataly?

To qualify for the Real Estate Project Manager role at Eataly, candidates should ideally have a Bachelor’s Degree, demonstrable experience managing complex projects, and a strong understanding of store or restaurant operations. Proficiency in PowerPoint and Excel, as well as excellent communication skills, are essentials for success in this position.

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Does Eataly require travel for the Real Estate Project Manager role?

Yes, the Real Estate Project Manager at Eataly should be prepared to travel up to 20% of the time, with potential increases in travel requirements based on specific project needs. This travel allows for hands-on involvement in site assessments and meetings with stakeholders.

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What benefits can I expect when working as a Real Estate Project Manager at Eataly?

As a Real Estate Project Manager at Eataly, you will enjoy a competitive benefits package that includes medical, dental, and vision insurance, paid time off, a 401K plan with matching options, and a daily free family meal among other perks like discounts at Eataly locations and opportunities for professional development through classes.

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What skills are essential for a Real Estate Project Manager at Eataly?

Essential skills for the Real Estate Project Manager include exceptional project management abilities, outstanding attention to detail, financial analysis competency, and the ability to navigate legal language related to real estate transactions. Effective communication and problem-solving skills are also critical in this role.

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Common Interview Questions for Real Estate Project Manager
What experience do you have with real estate project management?

In answering this question, provide specific examples of past projects you've managed, emphasizing your role, the challenges you faced, and how you successfully navigated those complexities. Highlight relevant experience that aligns with Eataly's retail and restaurant rollout processes.

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How do you manage relationships with external stakeholders?

Demonstrate your ability to build strong relationships by discussing your strategy for communication, regular updates, and engagement with external stakeholders like landlords and real estate consultants. Mention any systems or tools you utilize to maintain those relationships effectively.

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Can you describe a time when you faced a challenge in a project? How did you resolve it?

Share a specific challenge from a past project related to real estate management. Describe the steps you took to address the issue, including collaborating with team members or seeking assistance from outside consultants, and highlight the positive outcome resulting from your efforts.

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What software tools are you familiar with for managing real estate projects?

Mention proficiency with real estate management software and project tools relevant to the industry, such as Buxton for market analysis or Leasecake for lease management. Discuss how you've effectively utilized these tools to streamline project activities and documentation.

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How would you evaluate a potential new site for Eataly?

Explain your approach to site evaluation, including factors such as market potential, location viability, demographic analysis, and coordination with design and construction teams. Showcase your analytical reasoning and decision-making process when selecting new store locations.

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What steps do you take to ensure efficient document management?

Discuss your methodologies for maintaining document control and version management, including the tools you use and the organizational strategies you implement to ensure that all stakeholders have access to the latest project documents.

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What role does budget analysis play in your project management process?

Highlight your experience in budget preparation and analysis, outlining how you collaborate with finance teams to develop pro-forma P&L statements and monitor budget adherence throughout a project’s lifecycle.

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How do you stay updated on industry trends in real estate?

Share your methods for keeping abreast of real estate trends, such as attending industry conferences, reading relevant publications, participating in professional networks, or utilizing market research tools relevant to Eataly's growth strategy.

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What is your approach to negotiating lease agreements?

Explain your negotiation strategies by detailing your methods for understanding both parties' needs, market analysis factors impacting lease terms, and how you reach mutually beneficial agreements, referencing specific examples from your past experience.

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Why do you want to work at Eataly as a Real Estate Project Manager?

Convey your enthusiasm for Eataly’s mission and values, and discuss how your skill set aligns with the company’s growth ambitions. Highlight your passion for food and culture, along with your desire to contribute to a dynamic organization that values excellence.

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Established in 2007 and headquartered in Chicago, Illinois, Eataly owns and operates food and beverage centers. The Company offers packaged foods, cured meats, cheeses, meat, fish, fruits and vegetables, baked goods and pastries, soft drinks, tea,...

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Full-time, on-site
DATE POSTED
January 10, 2025

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