Lead the site selection, LOI negotiation, and business plan preparation for Quench operational locations. Responsible for the management of multiple real estate projects including resolving time frames, budgets, staffing requirements, and allotment of available resources to various phases of a project. Provides technical, strategic financial analysis, and direction and decisions for all acquisition, disposition, and leasing transactions. Develops and implements standard policies and procedures for locations. Develops executive strategies needed to make real estate-related decisions. Identifies land and buildings for the company's operations. Ensures synergy efforts focused on securing cost savings and delivering the most optimized portfolio. Leads team which may include exempt and non-exempt employees. Develops processes and procedures to drive department efficiencies, and assist in the development and meeting of, the departmental budget.
Essential Functions
- Management of all real estate transaction reporting including lease comparison matrix, NPV analysis, real estate transaction activity reports, dashboards, market portfolio analysis, compliance measures, and managing transaction KPIs.
- Visits and evaluates prospective sites to determine which locations meet the criteria and needs of the company.
- Conduct market reviews and site tours to locate, evaluate and recommend high potential real estate sites for the development of operational locations
- Prepares packages containing all pertinent site information for presentation to the Executive Leadership team for approval.
- Draft, Negotiate and review LOIs.
- Analyzes all required documentation to implement the development process.
- Consistent exercise of independent judgment and discretion in matters of significance.
Qualifications
- Bachelor's degree in real estate, finance, business administration, or project management
- A minimum of seven years' direct experience in project management, real estate, or a similar role; with a minimum three years of people management experience
- Demonstrated experience in Real estate structuring, deal terms
- Demonstrated experience in Portfolio acquisitions and monetization
- Demonstrated experience in managing property purchases, sales, rentals, and development
- Track record in sourcing, evaluating, conducting due diligence, and closing commercial real estate transactions
- In-depth knowledge of applicable property law, taxes, and financial statements
- Knowledge of analysis software, such as Excel, Argus, Apex, MRI, and /or other Real Estate analysis, Database, or Maintenance software is preferred.
- Travel is required (20%-30%)
About Quench
Quench USA, Inc. offers bottle-free filtered water solutions for healthy and environmentally conscious consumers outside the home, through direct sales and independent dealers across North America. Our bottle-free water coolers, ice machines, sparkling water dispensers, and coffee brewers, purify the existing water supply to provide reliable and convenient filtered water to a broad mix of businesses, including government, education, healthcare, manufacturing, retail, hospitality, and other large commercial customers, including more than half of the Fortune 500. Quench has grown from a small regional company to a national and international leader that had a successful NYSE public offering in 2016 and is now a strategic company owned by private equity-backed Culligan. The Company has a sustainable mission and value proposition and is the leading consolidator in a fast-growing market. Headquartered in King of Prussia, PA, Quench has sales and service operations across North America to serve our 60,000+ customers, and a network of over 250 independent dealers selling products under the brand names Pure Water Technology, Wellsys, and Blueline. Quench is a Culligan Company.
About Culligan
Founded by Emmett Culligan in 1936, Culligan is a world leader in delivering superior water solutions that will make a real difference in improving the health and wellness of consumers. The company offers some of the most technologically advanced, state-of-the-art water filtration and treatment products. These products include water softeners, drinking water systems, whole-house systems, and solutions for businesses. Culligan's network of franchise dealers is the largest in the world, with over 900 dealers in 90 countries. Many Culligan dealers have valuable equity in their local communities as multigenerational family owners of their franchises. For more information visit www.culligan.com .
Values: Be Quenchy
\KWENCH - ee\; adjective
- Going "above and beyond" for one's customers, colleagues and company.
- Demonstrating positivity, dependability, honesty and collaboration.
- Balancing life and work, and having fun doing it.
We are proud to be an Equal Opportunity Employer. Quench provides equal opportunity in all of our employment practices to all qualified employees and applicants without regard to sex, sexual orientation, race, color, religion, gender, national origin, ethnicity, age, disability, marital or family status, pregnancy, military status, veteran status, genetic information or any other category protected by federal, state and local laws. This policy applies to all aspects of the employment relationship, including recruitment, hiring, compensation, promotion, transfer, disciplinary action, layoff, return from layoff, benefits, training, social and recreational programs. All such employment decisions will be made without unlawfully discriminating on any prohibited basis.