Annual Base Compensation: $140,00/yr.

Breakdown and details provided in first round

Job Overview:

We are a fast-growing startup in health & wellness industry, committed to offering affordable DEXA body composition testing and other health services. As our company scales, we are looking for a dedicated Director of Real Estate who will be responsible for leading the identification, evaluation, lease negotiation, permit approval and construction processes for new Bodyspec stores. The ideal candidate will have experience in a similar real estate role at other multi-site businesses such as (but not limited to) restaurants, retail, or healthcare services (hospitals, physical therapy, etc.) and a proven track record of successful site acquisition and development. Familiarity with Buxton site selection software a plus.

Key Responsibilities:

• Market Research and Site Selection:
• Conduct in-depth market analysis to identify neighborhoods and sites with high potential for commercial development in the targeted industries. Currently, the company uses Buxton software for this
• Visit and assess potential properties for suitability, including analyzing foot traffic, visibility, accessibility, and local competition
• Prepare site evaluation reports to senior management with recommendations supported by data and market insights
• Lease Negotiation:
• Lead negotiations with property owners and landlords to secure favorable lease agreements, focusing on terms that meet both company objectives and client needs
• Manage lease renewals, extensions, and amendments
• Construction and Development Oversight:
• Coordinate with architects, contractors, and designers to plan and execute construction projects
• Oversee the permitting process, ensuring all local zoning laws and regulations are met
• Develop creative solutions to overcome unexpected construction or permitting problems
• Monitor project timelines and budgets, making adjustments as necessary to ensure successful project completion
• Provide regular updates to broader team on project status, challenges, and milestones to enable planning of equipment orders and additional team hires
• Permitting and Compliance:
• Navigate local, state, and federal regulations to obtain necessary permits and approvals for development projects
• Maintain up-to-date knowledge of zoning laws, building codes, and other regulatory requirements in our existing and key potential new markets
• Financial Analysis and Reporting: (a plus)
• Conduct financial analyses, including ROI projections, cost estimates, and budgeting for potential and ongoing projects
• Identify opportunities for cost savings and increased efficiency in property acquisition and development
  

Qualifications:

• Bachelor’s degree, preferably in Real Estate, Business Administration, Finance, or a related field
• Minimum of 7 years of experience in real estate management within similar multi-site concepts such as restaurants, retailers, gyms, healthcare services, and other
• In-depth understanding of site development, design and construction processes, practices, costs, and timeline as it relates to retail development (both ground up and takeover 2nd gen space)
• Proven track record in site selection, lease negotiations, and managing construction projects
• Deep understanding of retail real estate, zoning laws, and permitting processes
• Exceptional negotiation, communication, and interpersonal skills
• Strong relationships with national, regional and local developers, landlords and brokers
• Proficiency in financial and demographic data analysis and real estate software tools
• Source and work with market data including: sales and rent comps, demographic and socioeconomic data, mobile phone data, cotenant and competitor store locations
• Ability to travel as necessary to evaluate sites and oversee development projects
• Self-motivated with strong organizational and project management abilities to meet deadlines
  
  

What We Offer:

• The opportunity to lead the real estate team and have a direct impact on company strategy and growth
• Competitive salary based on experience and qualifications
• Opportunities for career advancement and professional development, with the potential to evolve into a leadership role within a finance function
• Health, dental and vision insurance
• Sick leave
• Paid time off
• 401k
• Company-wide peer bonus program, where cash bonuses are distributed in recognition of excellent team support
• Employee assistance program
  
  

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