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Summary of Job Description: The Regional Real Estate Manager (REM) is responsible for locating potential Panda store sites within the assigned geographic area for lease or purchase.This position prepares and implements market studies to determine the feasibility of potential sites.The REM presents potential sites and terms to the Real Estate Site Acquisition Committee (RESAC) and finalizes contract terms for approved sites. Descriptions
- Locates potential Panda store sites or non-traditional sites within assigned geographic area by building relationships with the real estate community.Prepares and implements market studies on the feasibility of sites according to established guidelines, procedures, and policies.
- Negotiates site acquisition and presents potential sites to RESAC for approval. Prepares RESAC packages and ensures that they are delivered to upper management on a timely basis.Meets or exceeds approved plan.
- Responsible for store openings achieving or exceeding RESAC approved sales.
- Finalizes contract terms in collaboration with Legal, Operations, and RD for approved sites.Works with Licensing on contract terms for non-traditional sites.
- Develops and maintains strong relationships with Operations, Legal, RD, and Licensing related to site acquisition and development. Attends operations team meetings and communicates frequently and effectively.
- Proactively conducts site tours with brokers and Operations team.Consistently updates of all required tracking documents and department resources (Expesite, Sitewise, etc.)
Must reside around the following areas:
How we reward you:
- Hybrid Work schedule
- 401K with company match
- Yearly bonus opportunity*
- Full medical, dental, and vision insurance *
- On-site fitness center, biometric screen, and flu shot clinic
- Discounts at Panda restaurants, theme parks, and gym memberships
- Paid time off starting at 15 days with 7 federal holidays*
- Continuous education assistance and scholarships*
- Income protection including Disability, Life and AD&D insurance*
- Bereavement leave*
*Benefits available for eligible permanent full time associates Your background and experience:
- Bachelor's degree in Real Estate or Business or related field required
- Minimum five years of real estate-related experience, preferably in the retail/hospitality environment.
- Successful completion of initial and periodically required trainings.
- Obtaining a valid Food Handler's Card within 30 days of employment is a requirement of this position.
Office Conditions:
Pay Range: M2: $128,500 - $180,000 / Annual * Within the range, individual pay is determined using various factors, including work location and experience. #LI-TS2 #LI-Remote
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Panda Restaurant Group Inc
vision insurance, paid time off, 401(k)
Jun 20, 2025