Manager Of Franchise Real Estate Development

Position Description:

This position includes and is not limited to managing the real estate aspects of opening a new center.

They will manage each site project with site visits & brokerage relationships, manage & further develop the CIAB (Center in A Box) projects. They will own all real estate aspects up through lease signing and track/manage all buildouts through center openings.

Key Tasks and Responsibilities:

Research and analyze existing and prospective markets targeted either for new center development and/or center relocation.

Develop relationships with a network of commercial real estate brokersto identify potential sites for new center development and relocations.

Manage site selectionfor

Franchiseenew center developments.

Work with Franchisees on thedue diligenceprocess for driving new center development, includingsite approval reviews and processes.

Conduct Site tours with franchisees to gain Operations approval for proposed sites.

Identify areas where viable retail is available and partner with the Franchise Development Team for recruiting candidates in these areas.

Maintain strong market knowledge and understanding of Mathnasium's target markets, trends, and other factors that build real estate opportunities.

Analyze the time to open with the scope of buildout along with the permitting process.

Examples of Key Projects/Goals:

Measure key milestones & improve time to open - FA signing, LOI execution, lease execution, permitting, and construction.

Ensure opening goals are met for the company budget.

Obtain approvals for Franchisees' site submittals in a timely fashion ensuring no delays.

Partner cross-functionally to complete analysis & measurement regarding new center performance and apply learnings to future real estate decisions.

Required Skills:

Degree in Real Estate, Business, or related field with 3-5 years experience in commercial real estate.

Previous experience working with franchisees or clients.

Ability to build strong working relationships with other critical departments outside development.

Ability to process information including gathering assessing, organizing, auditing, and verifying data.

Willingness to travel throughout the US/Canada within 2-3 weeks' notice.

Self-starting problem solver seeking win/win solutions demonstrates perseverance and is not easily discouraged.

Strong organizational skills and attention to detail.

Ability to work independently, with minimal supervision, and prioritize tasks.

Ability to work in a fast-paced and dynamic environment.

Adapt with company growth and evolution.

Preferred Skills:

Degree in Real Estate, Business, or related field with 3-5 years experience in commercial real estate.

Core Competencies:

Problem solving, critical thinking, initiative, attention to detail, communication skills, self-management,

relationship skills, drive for results, and service orientation.