Job description

Jack in the Box Inc. is seeking a Real Estate Portfolio Manager who will be responsible for managing the companys real estate portfolio (expansions and renewals), including renegotiating leases and lease options, securing new office/industrial space, identify and facilitate opportunities for the remodel/rebuild of existing stores, administering sale or leasing of disposable properties, and secures capital to fund restaurant development through sale/leaseback transactions.

KEY DUTIES/RESPONSIBILITIES:
Negotiates lease extensions, renewals, and lease options for all restaurants, office space, and distribution centers incorporating knowledge of each market and establishment of fair market value for properties. Prepares justification and rationale of negotiated terms and conditions for departmental and senior management approval; negotiates final legal contracts as drafted by legal counsel.

Identifies expansion or remodel/rebuild opportunities of current restaurant locations. Negotiates lease expansions and the assembling of the real estate site packages with all required documentation for presentation to the Real Estate Site Committee (RESC). Compiles and analyzes data concerning the justification of the purchase or lease of an expansion parcel or the remodel/rebuild in terms of

present and anticipated commercial activity, area demographics, traffic flow, projected sales, ease of access, sales analysis, etc. and provides recommendations to management.

Develops and administers effective marketing programs to ensure the expeditious movement of excess and disposable properties. Negotiates the best terms possible for the sale/sublease of the property.

Manages the Company's sale/leaseback program, including identifies and initiates contact with institutional investors, and individual brokers and investors; markets and negotiates sale/leaseback packages at the most competitive rates for the Company; coordinates purchase of sale/leaseback properties with internal departments, title companies, appraiser, environmental consultants, investors and

their outside counsel to ensure closing meets the Company's development schedule.

QUALIFICATIONS:
Education - Bachelor's degree or equivalent, preferably in Finance, Business Administration or Real Estate.

Experience 5-7 years related real estate or property management experience; experience in the restaurant or retail industry preferred.

Skills/Knowledge/Abilities

Strong oral and written English communication skills, negotiation, presentation and mathematical skill required.

Must have demonstrated ability to effectively interact with real estate development community including developers, brokers and engineering professionals.

Must be able to work remotely and autonomously and effectively communicate up, down and across the organization.

Requires working knowledge of personal computers and related software applications (Microsoft Office preferred).

Demonstrates integrity and ethical behavior.

Physical Requirements - Ability to speak/hear clearly in person and on the telephone. Ability to travel approximately 10% - 20% of time as business needs require

REASONABLE ACCOMODATION:
Jack in the Box, Inc. will make reasonable accommodations to allow a qualified individual with a disability to enjoy equal employment opportunities and to perform the essential functions of the job. This position description should be applied accordingly. This description of duties is not intended to be all-inclusive or to limit managements discretion to assign other duties or responsibilities as necessary.

Brand: Jack In The Box
Address: 9357 Spectrum Center Blvd. San Diego, CA - 92123
Property Description: Jack in the Box Corporate
Property Number: XX9101

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