Director of Real Estate jobs in United States
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Paris Baguette North America · 1 month ago

Director of Real Estate

Paris Baguette North America is one of the fastest-growing neighborhood bakery cafés in the world, aiming to reestablish the neighborhood bakery café as the heart of the community. The Director of Real Estate will coordinate and manage all phases of Real Estate, including market-specific growth strategies and new café site acquisition.

ConfectioneryFood and BeverageSnack Food

Responsibilities

Tracks and reports on market progress from initial strategy through full development
Develops market penetration strategy in new and existing markets, consistent with company’s expansion strategy, utilizing geo-demographic platforms and other forecasting tools
Collaborates with broker network to present new café site recommendation packages for approval
Negotiates lease and purchases contracts for the acquisition of approved sites for corporate sites in partnership with Legal Team
Maintains schedule and project management for critical deadlines within the development period for contracts in partnership with stakeholders and involved parties
Determines site feasibility and develops pro-forma budget in collaboration with Accounting Team to ensure contract-related monetary obligations are met
Coordinates, manages and communicates new café development schedule and critical dates
Prepares agenda and reports on real estate issues for weekly meetings and manages administrative duties, which include coordination between departments
Maintains documentation, legal instruments, and payment of bills
Implements a Real Estate market plan to ensure continued aggressive Real Estate growth program
Prepares the proposed location summary to the Real Estate Committee for review and approval
Prepares projections on estimated sales, operating margin, profits, return on investment and capital expenditures
Promotes accuracy and timeliness to maintaining a portfolio of profitable properties; Maintains Option Renewal Book
Investigates city and state licensing requirements to ensure the company’s compliance in the licensing process. Makes proper and timely applications for various permits and licenses
Maintains a constant check on café licenses and makes necessary changes based on town or state ruling
Coordinates all real estate legal documentation with legal counsel to ensure accuracy
Negotiates lease terms and extensions and coordinates with Operations, Finance and Legal on final draft of lease agreements
Coordinates terms, conditions and timing to assure targeted opening of a café, transfer of a Café to Franchise, or closing of an existing café
Represents the Real Estate Department when required at all hearings regarding licenses and permits
Handles the sale/lease of any Company property, including screening of tenants, negotiating lease and obtaining approvals necessary from landlords
Provides needed information/documentation to Attorneys, Engineers, and Brokers in matters concerning licensing or leasing
Other duties may be assigned

Qualification

Commercial Real EstateSite DevelopmentReal Estate NegotiationPrototypical Restaurant DevelopmentMarket Penetration StrategyFinancial ProjectionsProject ManagementMicrosoft ExcelMicrosoft PowerPointMicrosoft WordAnalytical SkillsCommunication SkillsTeam CollaborationEmotional Intelligence

Required

At least 5+ years of experience in Commercial Real Estate
Knowledge of site development, real estate trends, and practices
Experience with prototypical restaurant development
Detail-oriented, organized and able to manage multiple priorities that may be constantly changing
Self-driven and flexible with strong analytical, written and verbal communication and negotiation skills
Ability to work effectively and efficiently both independently and collaboratively
Microsoft Proficient: Excel, PowerPoint, and Word
Flexible, adaptive, upbeat, open and visible work style, with a successful track record of supporting operations leaders across a large geographically decentralized portfolio
Passion for people! Dynamic and engaged leader who has a passion for empowering, inspiring, motivating & developing team members and franchisee relationships
Exceptional organizational and communication skills with the ability to effectively balance priorities and deliver results in a fast-paced, ever-changing, and highly entrepreneurial environment
Feedback is a gift! Ability to provide constructive feedback and recognition to every member of the organization, along with Franchisees, to ensure we have an open and transparent culture of high performance standards
High emotional intelligence with the ability to work with, and support diverse teams by being highly empathetic, intuitive, self-motivated and driven
Teams Win! Has to be a team player who fosters a collaborative and engaged team work environment
Being a Brand Ambassador, with an excellent knowledge of and commitment to Paris Baguette's Mission, Vision, Brand Values and Culture
Love of travel! Ability to commute to all current Corporate and Franchise locations, as well as proposed openings

Preferred

Bakery/Café experience preferred

Benefits

Competitive compensation
Free Cake for your Birthday
Medical, Dental, Vision benefits
401K Retirement Plan
Paid time off, paid Holidays
High Performance Culture

Company

Paris Baguette North America

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Born from a love of bread and a passion for quality, we are an international, company-owned and franchised fast-casual bakery-café founded in 1988, specializing in both French and Asian-inspired goods.

Funding

Current Stage
Late Stage

Leadership Team

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Darren Tipton
Chief Executive Officer
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Zac Sulma
Chief Operating Officer
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Company data provided by crunchbase