Real Estate Manager - West Coast

As the Real Estate Manager at Insomnia Cookies, your primary responsibilities include executing the company's real estate growth strategy, scouting for and analyzing potential real estate opportunities, negotiating LOIs, and supporting lease negotiations for our bakery locations. You'll also collaborate closely with our real estate team, local brokers, and cross-functional team leaders to cultivate successful relationships and drive brand growth in the market.

To qualify for the Real Estate Manager role at Insomnia Cookies, candidates should have 5-7 years of experience in commercial real estate, preferably in the QSR sector. A bachelor's degree is required, along with strong analytical skills, negotiation abilities, and experience managing a large real estate portfolio. Familiarity with site analytic tools and a network of brokers and landlords are also crucial for success in this position.

Insomnia Cookies provides a variety of exciting benefits for its Real Estate Manager position, including a unique four-day workweek, competitive salary, annual bonuses, and eligibility for our Long-Term Incentive Program. Additionally, you can enjoy comprehensive medical, dental, and vision coverage, a 401K with matching contributions, paid vacation, and even pet insurance!

The Real Estate Manager at Insomnia Cookies plays a vital role in the company's growth by identifying innovative real estate opportunities, conducting market analysis, and ensuring that we secure locations that align with our brand's vision and financial objectives. By working closely with strategic partners and landlords, the Real Estate Manager helps expand our footprint across the nation and supports our mission of delivering delicious cookies to our customers.

The work environment for the Real Estate Manager at Insomnia Cookies is dynamic and fast-paced, perfect for individuals who thrive in a lean and collaborative setting. You'll work remotely while being part of a supportive team, delivering on brand expansion strategies, and engaging with various stakeholders throughout the process. Expect a culture that values creativity, problem-solving, and a positive approach to work.

In answering this question, highlight your relevant experience, particularly any work related to QSR or multi-unit retail. Mention specific projects or achievements that showcase your skills in market analysis, negotiation, and relationship-building within the real estate sector.

Provide a detailed account of a specific negotiation, focusing on the challenges faced, the strategies you employed, and the outcome. Be sure to emphasize your negotiation skills and ability to maintain positive relationships throughout the process.

Discuss your time management strategies, such as utilizing project management tools, setting clear priorities based on deadlines and business objectives, and maintaining clear communication with stakeholders to effectively manage multiple projects.

Outline your approach to assessing opportunities, including market research, financial analysis, analyzing demographics, and using site analytic tools. Highlight any unique methods or insights you have that contribute to finding profitable locations.

Explain the importance of building and nurturing relationships in the real estate industry. Share examples of your networking practices and how you stay in touch with key contacts to foster mutually beneficial partnerships.

Share a specific instance where your independent work led to success. Highlight your decision-making process, how you faced any challenges alone, and the skills you utilized to reach your objective.

Discuss your methodology for creating a growth strategy, including market research, assessing company goals, aligning with brand values, and collaborating with other departments. Emphasize your strategic planning and analytical skills in your answer.

Explain how you leverage data to inform your real estate decisions, such as employing analytics for market trends, sales forecasting, and site selection. Discuss the importance of a data-driven approach in enhancing profitability.

Provide examples of your involvement in lease negotiations, showcasing your negotiation tactics, the challenges faced, and how you achieved favorable terms. Highlight your ability to balance business needs with relationship management.

Express your passion for the brand and its mission. Discuss how your values align with Insomnia Cookies and what excites you about being part of a company that is innovating in the food industry and expanding its reach in the market.