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Head of Property & Acquisitions

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Chipotle Mexican Grill

Jul 3

  • Job
    Full-time
    Senior Level
  • Real Estate & Property
    Business, Operations & Strategy
  • London

AI generated summary

  • You should have a BA/BS in real estate/finance, 7+ years in QSR site selection, strong communication skills, team management experience, and be willing to travel. Preferred: Tririga knowledge, bilingual in French.
  • You will lead teams for growth, negotiate contracts, manage brokers, conduct market research, oversee deals, ensure data accuracy, and represent the company at industry events.

Requirements

  • BA/BS or an equivalent in education and experience in real estate, finance or GIS
  • Minimum of seven (7) years of experience with successful QSR/Fast Casual/Multi-site hospitality real estate site selection
  • Able to effectively manage people & cross-functional teams
  • Excellent written & verbal communication skills and influencing ability
  • Have the ability to work in a fast‐paced, team‐oriented an highly collaborative environment.
  • Able to work independently with attention to detail, accuracy, documentation and follow through
  • Heavy travel within Europe required up to 30%
  • Preferred: Knowledge of a life cycle system like Tririga.
  • Preferred: Bi-Lingual in French and English
  • Preferred: Candidate will have real estate experience in the European restaurant/multisite hospitality industry

Responsibilities

  • Lead both internal and external teams to achieve growth goals for multiple territories and countries. Manage of an effective network of alliance partners for acquisitions, estates, development and legal while supporting new restaurant development.
  • Cultivate, manage and develop a broker network for Chipotle.
  • Negotiate business terms and conditions of contracts with a range of landlords from small investors to institutions while maintaining on‐going communication with local firms on contract status.
  • Demonstrate a strong understanding of economic implications of all negotiated terms.
  • Oversee and manage each deal from initial market plan through opening.
  • Perform market research, both formal & informal, to assess real estate site opportunities while ensuring alignment with Managing Director on trade area priorities.
  • Ensure all real estate data in Chipotle’s project management system is up to date and accurate.
  • Participate and contribute to the annual market planning process including creation of long term pipeline projections for all European markets.
  • Our market plan encompasses a multi‐year outlook for both existing and new restaurant development.
  • Work closely with the Construction team to ensure alignment on design developments, post completion review, and seamless handover from the acquisition to operations phase.
  • Deliver executive level presentations to Chipotle’s real estate approval team to gain support for proposed new restaurant deals.
  • Prior to executive approval, organize and present market tours with senior Development and Business leadership.
  • Represent Chipotle in industry settings, such as local/regional/national events; stay abreast of real estate issues and developments within the region and within the industry.

FAQs

What is the main responsibility of the Head of Property & Acquisitions?

The main responsibility is to lead and oversee the real estate development process for restaurant locations from identification to opening, while managing a network of brokers and negotiating contracts with landlords.

Where will the Head of Property & Acquisitions be based?

The position will be based in London at Chipotle Europe Head Office in Covent Garden.

How much travel is required for this role?

Heavy travel within Europe is required, up to 30%.

What are the preferred qualifications for candidates?

Preferred qualifications include knowledge of a life cycle system like Tririga, being bi-lingual in French and English, and having real estate experience in the European restaurant/multisite hospitality industry.

Who will the Head of Property & Acquisitions report to?

The Head of Property & Acquisitions will report to the Director of International Development and have a dotted line to the Managing Director, Europe.

What is the ideal background for candidates applying for this position?

The ideal candidate should have a BA/BS or equivalent in real estate, finance, or GIS, with at least seven years of experience in QSR/Fast Casual/Multi-site hospitality real estate site selection.

What type of communication skills are necessary for this role?

Excellent written and verbal communication skills, along with strong influencing abilities, are necessary for this role.

Is experience in managing cross-functional teams important for this role?

Yes, the ability to effectively manage people and cross-functional teams is important.

What is the company’s mission?

Chipotle's mission is to cultivate a better world by serving responsibly sourced, classically cooked, real food with wholesome ingredients accessible to everyone.

How does the Head of Property & Acquisitions contribute to the annual market planning process?

The Head of Property & Acquisitions participates and contributes to the annual market planning process by creating long-term pipeline projections for all European markets.

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Chipotle Mexican Grill

Real Food. Real People. Real Opportunities.

Retail & Consumer Goods
Industry
10,001+
Employees
1993
Founded Year

Mission & Purpose

When Chipotle first opened, the idea was simple: show that food served fast didn't have to be a "fast-food"​ experience. We use high-quality raw ingredients and classic cooking methods, serve in a distinctively designed atmosphere, and provide an exceptional customer experience—features more frequently found in the world of fine dining. As a fast-growing company, we’re always looking for new people to join our team. We provide real opportunity for advancement and a fun, exciting work environment.