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Real Estate Manager - job 2 of 2

About Us

Imagine: 30 unique restaurants to order from, brought to your door in under 30 minutes. That’s what our customers experience.

At Wonder, we want to make world-class food within reach, no matter where you live. That’s why we’ve created a vertically integrated, new standard of dining that will allow you to enjoy menus from award-winning chefs and iconic restaurants across the country, all in one place. Our elevated brick + mortar locations will offer pick up and dine in options, as well as delivery to your home.

As a food-tech startup backed by top-tier venture capitalists and led by a team of experienced entrepreneurs—including some of the most accomplished leaders in the technology, culinary, and logistics industries—we’re growing. Join us in pioneering a new category of dining called “Fast-Fine”, and revolutionizing the way people eat.

About the role

As the Real Estate Manager, you are a critical team member involved in sourcing locations for our restaurants across the Northeast US. With an ambitious strategy and active development pipeline, this person will be an integral member of the Launch Team.  The successful candidate will support in scaling our portfolio and will be essential in identifying, negotiating, and securing sites for the company.   You will have commercial real estate industry experience on lease and purchase deals in retail. You will leverage relationships and the right candidate will have experience in analyzing, documenting, and reporting on multiple potential commercial Real Estate sites.

In addition to site sourcing, the successful candidate will also pitch sites in a presentation form and drive tours with senior leadership for approval. The candidate will help to further develop and refine standard operating procedures with cross functional teams as we expand in the future. You will be comfortable working with leadership teams as well as various departments to ensure a successful future restaurant.

This is an exciting new role and great opportunity to learn more about the development process and continue your career journey in real estate & construction

Responsibilities:

  • Has strong Commercial Real Estate knowledge and education, and is able to quickly become an expert on new markets and projects
  • Develop and cultivate relationships with owners, brokers, developers, potential business partners, and professional organizations to give company the best positioning for deals
  • Contribute to team and cross-functional goals with moderate supervision and direction building relationships in the process
  • Assist Expansion Team in the research and sourcing of new sites including the identification, detailed review, and finalized reporting on all pipeline opportunities
  • Analyze market data and provide reports to help with forecasting and planning of future growth
  • Manage projects with internal and external stakeholders
  • Frequently interacts with Real Estate team members to ensure completion of zoning reviews, construction estimates, work letters, and all other internal requests to be able to effectively manage external negotiations.
  • Operate by diving into goals and fundamentals involved in each property (i.e., budget, lease structure, schedule constraints, etc.), to creatively problem-solve issues as they arise and negotiate leases to meet aggressive launch schedules.
  • Work closely with Finance, Legal and other business partners to ensure projects meet current projections. 
  • Identify, develop, and propose opportunities for business / process improvement

The experience you have

  • 3-5 years of Commercial Real Estate experience with knowledge of lease and/or sale transactions
  • Experience managing projects, drafting LOIs, reviewing legal documents, and vetting and leading vendors a plus
  • Ability to analyze real estate opportunities and provide insight on findings
  • Ability to think critically and prioritize competing priorities
  • Proficient in MS Office Suite
  • Excellent organizational & interpersonal skills
  • Strong presentation skills and ability to command a room
  • Ability to travel regionally to visit sites, meet with team members and business partners. A vehicle is necessary for the position.  
  • Role primarily will be based in New York City and New Jersey.  Travel to new regions across Northeast US

The way you work

  • You have strong negotiation skills and are able to make decisions on behalf of the company to get a deal across the line for the best sites
  • You solve problems and make decisions informed by data, technology trends and insights, and good judgement
  • You have a strong eye for detail, able to identify potential risks or callouts for each potential sites
  • You have strong organizational and project management skills, with the ability to manage multiple projects simultaneously
  • You have strong interpersonal skills and the ability to build and maintain relationships with internal and external stakeholders
  • You can work independently and collaboratively in a fast-paced, dynamic environment

Benefits

We offer a competitive salary package including equity and 401K. Additionally, we provide multiple medical, dental, and vision plans to meet all of our employees' needs as well as many benefits and perks that are not listed.  

Base Salary Range: $122,000 - $128,000

A final note 

At Wonder, we believe that in order to build the best team, we must hire using an objective lens.  We are committed to fair hiring practices where we hire people for their potential and advocate for diversity, equity, and inclusion.  As such, we do not discriminate or make decisions based on your race, color, religion, gender identity or expression, sexual orientation, national origin, age, military service eligibility, veteran status, marital status, disability, or any other protected class.  If you have a disability, please let your recruiter know how we can make your interview process work best for you.

We look forward to hearing from you! We'll contact you via email or text to schedule interviews and share information about your candidacy. 

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Average salary estimate

$125000 / YEARLY (est.)
min
max
$122000K
$128000K

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 Real Estate Manager, Wonder

Join Wonder as a Real Estate Manager and become an essential part of our exciting journey! Based in the vibrant New York, NY, you will be at the forefront of sourcing locations for our unique restaurant operations across the Northeast US. Imagine being part of a groundbreaking food-tech startup that’s redefining dining by combining world-class cuisine with the convenience of delivery. Your role will not only involve identifying prime real estate opportunities but also negotiating and securing sites that align with our ambitious growth strategy. With your commercial real estate expertise, you will analyze potential sites and develop relationships with key stakeholders, including owners, brokers, and developers. This collaborative position will have you working closely with senior leadership, presenting potential sites, and contributing to innovative solutions as we expand our portfolio. At Wonder, we value critical thinking and creativity, so your ability to problem-solve and manage multiple projects will be invaluable as you navigate the fast-paced landscape of real estate. Plus, you’ll have access to mentorship from experienced leaders in technology and hospitality. Your contributions will help transform how people enjoy food by ensuring that we have the right venues to deliver exceptional dining experiences. If you're eager to dive deeper into the real estate process and grow your career, this is the place for you!

Frequently Asked Questions (FAQs) for Real Estate Manager Role at Wonder
What are the responsibilities of a Real Estate Manager at Wonder?

The Real Estate Manager at Wonder plays a crucial role in sourcing and securing sites for our restaurants across the Northeast US. This includes developing relationships with key stakeholders, analyzing market data, presenting potential site opportunities, and collaborating with internal teams to ensure successful project outcomes.

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

To apply for the Real Estate Manager position at Wonder, candidates should have 3-5 years of commercial real estate experience, a deep understanding of lease and sale transactions, and excellent organizational and interpersonal skills. Proficiency in Microsoft Office Suite and strong presentation skills are also essential.

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How does the Real Estate Manager contribute to Wonder’s growth?

The Real Estate Manager contributes to Wonder’s growth by identifying and negotiating prime locations for our restaurants, thereby facilitating strategic expansion. By analyzing potential sites and leveraging industry relationships, the manager plays a key role in positioning Wonder for future success in the competitive food-tech landscape.

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What skills are critical for success as a Real Estate Manager at Wonder?

Critical skills for success as a Real Estate Manager at Wonder include strong negotiation abilities, project management expertise, critical thinking, and the capacity to work both independently and collaboratively in a dynamic environment. Cultivating relationships and an eye for detail are also essential components of the role.

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What kind of work environment can I expect as a Real Estate Manager at Wonder?

As a Real Estate Manager at Wonder, you can expect a fast-paced and dynamic work environment that values collaboration and innovation. You will work closely with diverse teams while also having the opportunity to travel regionally for site visits and discussions, making for an engaging and multifaceted work experience.

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Common Interview Questions for Real Estate Manager
What is your experience in sourcing commercial real estate?

When addressing your experience in sourcing commercial real estate, highlight specific projects you’ve worked on where you identified and negotiated deals. Discuss the strategies you used and how your efforts contributed to the success of the company.

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How do you analyze the viability of a potential site?

To analyze a potential site, detail your process including market research, demographic analysis, and evaluating zoning regulations. Talk about tools you use and how you integrate quantitative data to support your findings.

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Describe a successful lease negotiation that you led.

Share an example of a lease negotiation you led, including objectives, challenges faced, and the outcome. Emphasize your negotiation techniques and how you built rapport with the other parties involved.

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What relationships do you find most important to develop as a Real Estate Manager?

Discuss the importance of building relationships with brokers, developers, and owners. Explain how these relationships facilitate smoother negotiations and provide valuable insights into market trends and site opportunities.

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Can you describe a time when you had to problem-solve a challenging site acquisition?

Provide a specific situation where you encountered obstacles in site acquisition and how you creatively solved them. This shows your ability to think critically under pressure and highlights your tenacity.

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

Discuss the resources you utilize, such as industry news, networking events, and real estate reports. Staying informed helps you make data-driven decisions and identify new opportunities effectively.

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What does your project management process look like?

Outline your project management approach, including tools you utilize and how you prioritize tasks. Emphasize your ability to manage timelines and collaborate with teams to ensure project success.

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How do you prepare for presenting potential sites to senior leadership?

Explain your preparation process, including compiling data, creating presentations, and rehearsing key points. Highlight your focus on clarity and how you tailor your presentations to your audience.

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What is your approach to assessing risk in potential real estate investments?

Describe your method for assessing risk, including due diligence, legal reviews, and market analysis. Emphasize how you mitigate risks while still pursuing valuable opportunities.

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

Express your passion for the food-tech industry and your excitement about Wonder's innovative approach. Discuss how your skills align with the company's vision and how you hope to contribute to its success.

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Incredible food for every table.

48 jobs
MATCH
VIEW MATCH
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$122,000/yr - $128,000/yr
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
January 27, 2025

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