Real Estate Development Manager

POSITION SUMMARY

The Real Estate Development Manager is responsible for driving Les Schwab Tire Centers' growth through the identification, evaluation, acquisition, and development of new store locations. This position leads the full real estate development lifecycle, including market planning, site selection, financial analysis, transaction negotiation, due diligence, entitlements, permitting, and project coordination through store opening. The role works closely with Operations, Construction, Finance, Legal, and Executive Leadership to deliver high-quality development opportunities that support the Company's long-term strategic growth objectives.

• 25% - Market Planning & Growth Strategy:
  Develop and execute market development strategies that support company growth objectives. Conduct market research, demographic analysis, trade area evaluations, traffic studies, and competitive assessments to identify expansion opportunities. Develop and maintain market plans and a pipeline of prospective development projects. Prepare and present site recommendations, financial analyses, and development opportunities to leadership and the Real Estate Committee.

• 30% - Site Selection, Acquisition & Transaction Management:
  Identify, evaluate, and secure sites for new store development, relocations, and redevelopment projects. Negotiate Letters of Intent, Purchase and Sale Agreements, Ground Leases, Easements, Access Agreements, and other real estate-related contracts. Coordinate with brokers, developers, landowners, attorneys, and title companies to structure and execute transactions that align with Company objectives and maximize long-term portfolio value. Manage transactions from initial pursuit through closing.

• 25% - Due Diligence, Entitlements & Development:
  Lead all due diligence activities, including environmental reviews, geotechnical investigations, title and survey review, utility assessments, traffic studies, and site feasibility analyses. Coordinate zoning, land use, entitlement, and permitting efforts with consultants and local jurisdictions. Represent the Company at public hearings, planning commission meetings, and other development-related proceedings. Identify and mitigate development risks that could impact project schedules, budgets, or feasibility.

• 15% - Project & Portfolio Management:
  Manage a portfolio of active development projects across multiple markets and states. Track project schedules, budgets, forecasts, critical milestones, and key performance indicators. Coordinate closely with Construction, Operations, Finance, and Legal teams to ensure successful project execution and timely store openings. Develop and maintain project reporting tools, dashboards, and pipeline forecasts to support decision-making and resource planning.

• 5% - Relationship Management & Industry Engagement:
  Develop and maintain strong relationships with commercial brokers, developers, consultants, municipalities, and community stakeholders. Represent Les Schwab at industry conferences, networking events, and professional organizations. Maintain awareness of real estate market trends and emerging development opportunities that support the Company's growth strategy.

• Educational/Experience Requirements:
  Bachelor's degree in Real Estate, Business Administration, Finance, Urban Planning, Construction Management, or a related field, or an equivalent combination of education and experience.

• Five (5) or more years of experience in commercial real estate, site selection, acquisitions, retail development, brokerage, or a related field, with demonstrated success managing projects from market planning and site selection through transaction closing and development.

• Strong knowledge of commercial real estate transactions, due diligence, entitlements, financial analysis, and project management is required.

• Required Technical Skills/Knowledge:
  Knowledge of commercial real estate principles, practices, and transaction management. Knowledge of market analysis, trade area evaluation, demographic analysis, and site selection methodologies. Understanding of commercial real…