Kermit U. Smith
**** ****** ***** **. *******, TX 77069
Phone No. :281-***-**** E-Mail: adwbde@r.postjobfree.com
A versatile, collaborative, accomplished, and knowledgeable professional with a successful track record in Real Estate Business Development. Experience well over 28 years in organizing complicated negotiations, risk management, stakeholder analysis and project management planning. Outstanding organizational and problem-solving skills. Highly collaborative with a talent for building productive relationships that allow smooth functioning while driving others towards excellence and attaining business goals. Possess verifiable leadership, interpersonal, and communication skills that help put across things with a crisp point. A remarkably successful mentor to peers and colleagues, owing to exceptional people’s skills. Have a solid track record in achieving the set goals and delivering personal best at every step of the way to provide optimal results.
Skills Area: Market Analysis, Negotiation, Investment Analysis, Analytical, Team Collaboration, Scheduling Operations, Budget, Coordinating, Lease and Purchase and Sale Agreements.
Professional Experience
ADVANCE AUTO PARTS, ROANOKE, VA (8/2022 – 3/2023)
SENIOR REAL ESTATE MANAGER
Work with Preferred Brokers and Developers and Shopping Center Owners and Municipalities for new sites in defined Targeted Trade Areas.
Markets included Texas, AZ, NM and OK.
Work with Analytics to conduct market analysis by accumulating statistical and narrative information on new markets considered for entry.
Prepared and presented to REC the NSO Summary Presentations for New Stores.
Worked closely with Store Operations, Transportation, Finance, Legal, Construction and Merchandising for the development of new stores
Develop and implement strategies to improve store positioning at an optimal occupancy cost
VALVOLINE LLC, HOUSTON, TX (2017 – 2021)
SENIOR REAL ESTATE MANAGER (2022-9/2022) Contract
Analyzes potential trade areas within 4 major Texas market’s; Houston, DFW, San Antonio and Austin and the Kansas market by researching demographic variables, and other generators relative to strength and number of competitors, and growth opportunities.
Negotiate lease, leasehold improvement, and purchase transactions with Landlords/Owners.
Evaluates and recommends specific sites within identified traded areas for new store development.
Completes and evaluates financial rate of return information to determine financial feasibility of new store site selection and existing store optimization activity.
Works extensively with internal and/or outside counsel, financial planning, construction to negotiate and assist in gaining approval of new site selections and document execution.
Work with and develop necessary documents providing waivers for automotive use restrictions.
Develops a pipeline of sites by working in partnership with Developers and Owners in the assigned growth area.
Prepares new store packages for presentation to REC seeking management's approval which will highlight the benefits and risks associated with the opportunity including expected financial performance, reasons for expected performance, and downside risks.
SLIM CHICKENS HOUSTON, TX (2015 – 2017)
DEVELOPMENT MANAGER
Work with existing and new Franchisees in their respective geographic areas to determine the best locations for future Slim Chicken store locations.
Worked with and collaborated with Franchisee’s respective brokers to facilitate preparation of Committee approval package.
Monthly, presentations to the Committee.
Regarding Company stores, responsible for the procurements of acceptable company sites and negotiations, oversaw due diligence and permitting.
Coordinate with the project management team and external consultants to ensure the development in accordance Company standards.
Build and maintain relationships with stakeholder, local developers, public officials, and other retailers.
Perform any additional duties as needed.
MCDONALD’S LLC, HOUSTON, TX (2012 – 2015)
AREA REAL ESTATE MANAGER
Create, manage and execute the Vision Plan personally established for respective markets
Procure the best restaurant sites ensuring best location/best value in the respective markets while maximizing the greatest financial return
Apply the Site Development Standards to optimize site characteristics
Monitor and control flow of the real estate transactions by coordinating the broker’s, attorneys, construction personnel and government agencies
Prepare and assemble the comprehensive site ride packages and as well presenting the site/s to management on formal site ride
Handle restaurant rebuilds, additional property acquisition, STOs, STRs and condemnations
Produced twice as many signings as required in first year.
Recognized for the "Best Relo" in the West Division in 2014.
Previous Experience:
SOUTHWEST LAND & URBAN GROWTH, HOUSTON, TEXAS (2012)
REAL ESTATE MANAGER
JACK IN THE BOX, HOUSTON, TX (2005 – 2012)
REAL ESTATE MANAGER
SHELL OIL COMPANY, HOUSTON, TX (2002 – 2005)
REAL ESTATE CONSULTANT
SERVICESTAR DEVELOPMENT, HOUSTON, TX (2001-2002)
REAL ESTATE MANAGER
CHEVRON COMPANY, HOUSTON, TX (1996-2001)
PROPERTY DEVELOPMENT SPECIALIST
Education & Certification
Bachelor of Business Administration, Texas A&M, College Station, TX Texas Real Estate License
Certified Commercial Investment Member (CCIM)