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National Real Estate Manager

Company Description

McDonald’s is proud to be one of the most recognized brands in the world, with restaurants in over 100 countries that serve 70 million customers daily. We continue to operate from a position of strength. Our updated growth strategy is focused on staying ahead of what our customers want and realizing further growth potential. Our relentless ambition is why McDonald’s remains one of the world’s leading corporations after almost 70 years. Joining McDonald's means thinking big and preparing for a career that can have influence around the world.

At McDonald’s, we see every day as a chance to create positive impact. We lead through our values centered on inclusivity, service, integrity, community and family. From support of Ronald McDonald House Charities to our Youth Opportunity project and sustainability initiatives, our values keep us dedicated to using our scale for good: good for our customers, people, industry and planet. We also offer a broad range of outstanding benefits including a sabbatical program, tuition assistance and flexible work arrangements.

Job Description

Key responsibility of this role will be to support the development activities of the McDonald’s National Development Plan, primarily in producing new, freestanding locations and leading deals through internal approvals, contractual negotiations, ground breaks, and openings.  This role has both site selection and deal-making responsibilities as well as accountability for real estate transactions post lease/contract execution.  Travel is required; and the scope of the travel is the entirety of the US.

Responsibilities:

  • Under the guidance of an Associate Director, investigate, select, and acquire real estate that meets McDonald’s trade area and site requirements for new restaurants
  • Maintain strong market knowledge and an understanding of McDonald’s coverage gaps, target markets, trends, projected home/work/shop growth, competition, and other factors that create real estate opportunities  
  • Participate in site tours with Associate Director and/or Development Director to gain field approval of proposed sites
  • In conjunction with McDonald’s Analytics team, estimate and analyze sales performance of new restaurants to ensure accurate forecasting
  • Prepare and present new restaurant site packages for the Real Estate Committee. Presentation shall include a decision logic, maps, aerials, demographics, competitor analysis, sales forecast, return metrics, impact analysis, and real estate deal points.  The intent of the Real Estate Committee presentation is to gain McDonald’s leadership approval of the site and economics
  • Partner with coordination and construction teams to ensure project moves smoothly through due diligence, entitlements, and construction phases. This includes negotiating lease amendments, access agreements, and easements.
  • Communicates with Landlord/Seller/Developer on a consistent basis to ensure that contract deliverables and site delivery are obtained in accordance with McDonald’s opening plan.
  • Work in tandem with construction managers to ensure seamless transitions into permitting, construction, and turnover/grand opening on individual projects.
  • Participate in weekly development department project status meetings and manage associated critical dates
  • Works with Coordinators to alleviate any title or survey issues that may impact building size, design, restrictions and other similar matters

Benefits eligible: Yes
Bonus eligible: Yes
The expected salary range for this role is $98,140-$125,130 per year
The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors.

Qualifications

  • Commercial Real Estate Experience
  • BA/BS degree in a real estate or business discipline strongly preferred
  • Ability to travel up to 50% of time
  • Proactive, innovative, and strategic thinking/project manager
  • Strong written and oral communication
  • Excellent interpersonal, persuasion and teamwork skills.
  • Ability to engage and influence Senior-level executives and stakeholders
  • Willingness to be flexible, adaptive, and to operate in a dynamic, fast paced environment.

Additional Information

Benefits eligible: This position offers health and welfare benefits, a 401(k) plan, adoption assistance program, educational assistance program, flexible ways of working, and time off policies (including sick leave, parental leave, and vacation/PTO). Eligibility requirements apply to some benefits and may depend on job classification and length of employment. 

Bonus eligible: This position is eligible for a bonus, calculated based on individual and company performance.

McDonald’s is an equal opportunity employer committed to the diversity of our workforce. We promote an inclusive work environment that creates feel-good moments for everyone. McDonald’s provides reasonable accommodations to qualified individuals with disabilities as part of the application or hiring process or to perform the essential functions of their job. If you need assistance accessing or reading this job posting or otherwise feel you need an accommodation during the application or hiring process, please contact [email protected]. Reasonable accommodations will be determined on a case-by-case basis.

McDonald’s provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to sex, sex stereotyping, pregnancy (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), race, color, religion, ancestry or national origin, age, disability status, medical condition, marital status, sexual orientation, gender, gender identity, gender expression, transgender status, protected military or veteran status, citizenship status, genetic information, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Nothing in this job posting or description should be construed as an offer or guarantee of employment.

Average salary estimate

$111635 / YEARLY (est.)
min
max
$98140K
$125130K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About National Real Estate Manager , McDonald's Corporation

Are you ready to take on a pivotal role in shaping the future of McDonald’s as the National Real Estate Manager? This exciting position located in Raleigh, NC, will see you supporting the National Development Plan by focusing on the development of new, freestanding restaurant locations. You'll work closely with an Associate Director, diving deep into the site selection process and overseeing all phases of real estate transactions, ensuring everything runs smoothly from initial investigation to lease execution and grand openings. Your keen market insights will help identify potential sites that meet our strategic needs while maintaining close communication with landlords and developers throughout the entire process. Expect to conduct thorough site tours, work hand-in-hand with analytics teams, and prepare impactful presentations for our Real Estate Committee, showcasing your findings and recommendations. With travel requirements covering the entire U.S., you’ll have a fantastic opportunity to explore new markets while making a significant impact on McDonald’s growth strategy. If you have a background in commercial real estate, a degree in a related field, and the ability to engage with senior-level executives, this position could be your perfect fit. Join us in this dynamic role where you'll play an essential part in turning McDonald's ambitious growth visions into reality while enjoying a rewarding career with great benefits. Let’s create positive impact together!

Frequently Asked Questions (FAQs) for National Real Estate Manager Role at McDonald's Corporation
What are the responsibilities of the National Real Estate Manager at McDonald’s?

The National Real Estate Manager at McDonald's is primarily responsible for supporting the development activities of the National Development Plan. This role involves site selection, deal-making, and overseeing real estate transactions post-lease execution. You'll work closely with different teams to analyze market trends, conduct site tours, and present findings to ensure leadership approval on new restaurant locations.

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What qualifications are needed for the National Real Estate Manager position at McDonald’s?

To succeed as a National Real Estate Manager at McDonald's, candidates should ideally have a BA/BS degree in a real estate or business discipline, along with substantial commercial real estate experience. Strong communication skills, strategic thinking, and the ability to engage with senior executives are crucial. Additionally, candidates should be prepared for significant travel and demonstrate flexibility in a fast-paced environment.

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How does travel impact the National Real Estate Manager role at McDonald’s?

Travel is a key component of the National Real Estate Manager role at McDonald’s, as it involves site selection and real estate opportunities across the entire U.S. Candidates should be willing to travel up to 50% of the time to visit potential restaurant locations, engage with local stakeholders, and ensure that site selections meet McDonald’s coverage and growth strategy.

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What are the benefits offered for the National Real Estate Manager at McDonald’s?

McDonald's offers a comprehensive benefits package for the National Real Estate Manager, including health and welfare benefits, a 401(k) plan, adoption assistance, educational assistance, and flexible working arrangements. Additionally, this role is bonus-eligible, with compensation reflective of individual and company performance, ensuring you are well-supported in your career.

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What skills are essential for the National Real Estate Manager at McDonald’s?

Essential skills for the National Real Estate Manager at McDonald’s include strong analytical abilities to assess market trends, excellent interpersonal skills for engaging with various stakeholders, and proficiency in negotiation. Being proactive and possessing exceptional communication and teamwork capabilities will also enable you to successfully navigate this critical role in real estate development.

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Common Interview Questions for National Real Estate Manager
Can you describe your experience with commercial real estate transactions?

When answering this question, highlight specific experiences you've had in commercial real estate transactions. Include details about the types of deals you've handled, your role in the processes, and any challenges you overcame. Emphasize your analytical skills and understanding of market trends.

Join Rise to see the full answer
How do you conduct market analysis for site selection?

In your response, explain your approach to conducting market analysis. Talk about how you gather data on demographics, competition, and growth potential. Discuss the tools and resources you utilize, as well as how you interpret this data to make informed decisions for site selection.

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What strategies do you use to present risk assessments to senior management?

Outline how you prepare risk assessments by identifying potential challenges and opportunities related to a real estate transaction. Mention your use of data visualization, comprehensive reporting, and your ability to communicate complex information succinctly to facilitate understanding for senior executives.

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Describe a challenging negotiation you have led in real estate.

Provide a specific example of a challenging negotiation, highlighting the context, the stakeholders involved, and the outcome. Focus on the tactics you used to secure favorable terms while maintaining strong relationships and ensuring alignment with organizational goals.

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How do you stay informed about trends in the real estate market?

Explain your methods for staying updated on real estate trends, such as attending industry conferences, networking with fellow professionals, and subscribing to market reports. Emphasize your commitment to continuous learning and adapting your strategies as necessary.

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How would you collaborate with construction teams to ensure project delivery?

Describe how you would facilitate collaboration with construction teams by fostering open communication, setting clear expectations, and using project management tools. Discuss your proactive approach to addressing potential issues and ensuring timelines are met for project deliveries.

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What role does data analysis play in your decision-making process?

Detail the importance of data analysis in your decision-making process. Share examples of how you've utilized data to forecast sales performance and evaluate site potential, demonstrating that your decisions are backed by evidence and strategic insights.

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What techniques do you use for effective team collaboration in real estate projects?

Discuss specific techniques you employ for fostering collaboration among team members, such as setting up regular meetings, using collaborative tools, and encouraging open feedback. Stress the importance of teamwork in driving project success and achieving shared objectives.

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How do you approach site tours and stakeholder engagement?

Outline your approach to site tours, including preparation, stakeholder engagement strategies, and how you assess each site’s fit within McDonald’s development goals. Emphasize your focus on thorough analysis and making informed recommendations.

Join Rise to see the full answer
Why do you want to work at McDonald’s in the National Real Estate Manager role?

Your answer should reflect your genuine interest in McDonald’s mission and values. Share how the National Real Estate Manager position aligns with your career goals and how you believe your experience can contribute to the company’s growth strategy and success.

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McDonald's Corporation is a chain of fast food restaurants. Headquartered in Oak Brook, Illinois, the company's famous menu items include the Big Mac, Chicken McNuggets and Egg McMuffin. McDonald's is a publicly owned company and operates a Canadi...

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DATE POSTED
April 17, 2025

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