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Sr. Manager, Corporate Real Estate- DFW, TX
Senior Real Estate Manager The Senior Real Estate Manager is a hybrid leadership role responsible for both driving land acquisition and site selection strategy and leading a team of Real Estate Managers/Specialists within an assigned territory. This role supports the execution of Murphy USA’s growth strategy by identifying, evaluating, and securing new-to-industry (NTI) locations, while serving as a transition from an individual contributor to a full-time people leader.
Key Responsibilities, Qualifications, Education and Experience
Regional Leadership & Team Development:
- Lead, coach, and develop a team of Real Estate Managers/Specialists responsible for site selection and land acquisition within the assigned territory.
- Review and evaluate site opportunities submitted by direct reports to ensure alignment with corporate real estate strategy.
- Partner with the Director of Real Estate and Network Planning to assess and prioritize long-term growth markets.
- Collaborate with HR and leadership to determine staffing needs; support recruitment, hiring, and onboarding of new team members.
- Drive ongoing training and capability development across the team.
- Identify, evaluate, and advance potential purchase and lease opportunities aligned with Murphy USA’s real estate strategy.
- Manage external brokerage relationships to source and assess new site opportunities.
- Prepare and present site approval packages to the Real Estate Committee, including financial and strategic analysis.
- Lead negotiations from Letter of Intent (LOI) through executed agreements, ensuring favorable terms and alignment with company objectives.
- Oversee deal execution, maintaining strong relationships with landlords, sellers, and partners to ensure timely closings and successful project delivery.
- Travel up to 50% to support site selection, market evaluations, broker engagement, deal execution, and attendance at conferences and home office visits.
- Partner with design, development, and construction teams to align on site planning, project timelines, and new store opening goals.
- Maintain accurate and timely updates within project management systems; provide regular reporting to leadership and stakeholders.
- Manage pipeline activity, participating in recurring internal and external meetings to track progress and remove barriers.
- Serve as a key corporate representative within target markets, building relationships with developers, public officials, brokers, and other stakeholders.
- Represent Murphy USA at industry events (e.g., ICSC) and networking functions to enhance market presence and identify new opportunities.