Director of Real Estate jobs in United States
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Quick Quack Car Wash · 1 month ago

Director of Real Estate

Quick Quack Car Wash is seeking a Director of Real Estate to lead their Real Estate Team and coordinate with Development Team members to optimize the company's real estate pipeline. This role is responsible for identifying new locations that maximize ROI and aligning with the company’s growth strategies.

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Growth Opportunities

Responsibilities

Assists in the development of the annual growth plan and strategy for new expansion for the company
Leads weekly tactical meetings to plan, provide progress updates, and effectively collaborate with the real estate and legal teams
Attends and guides the Real Estate Committee (REC) weekly meetings for new site proposals
Works with internal and external teams to submit and present site packages for weekly REC approval
Monitors and drives the flow of real estate transactions by managing and coordinating the efforts of internal and external teams, brokers and third-party resources
Uses company information and Site Development Standards to develop strategic plans within markets to propose high quality development opportunities
Advises Real Estate Managers (REM’s) and Associates (REA’s) in overseeing the network of local brokers, developers, and external partners to increase site inventory and select the highest quality real estate
Oversees management of deal timeliness, property standards and budget goals alongside internal Development Team members
Directs real estate team efforts to gather and analyze information relative to potential car wash locations in multiple markets
Ensures accurate maintenance of an internal database of company real estate information
Leads and engages in real estate contract negotiation, review, and submittal for mutual execution
Reviews and advises real estate teams with real estate documents: letters of intent, purchase and sales agreements, lease agreements, option to purchase agreements, option to lease agreements, easements, crossing agreements, licenses, and covenants
Partners with internal development & construction teammates to research, analyze sites and assess their feasibility relative to required zoning and entitlements
Proactively identifies potential opportunities for income potential in existing real estate assets. (e.g., marketing excess real estate, pylon sign opportunities, cell towers, billboards.)
Manages and performs market studies including researching competitors and the real estate market to gather competitive market analysis
Collaborate with internal development & construction teammates to refine process improvement, build SOP’s, and perpetuate the company culture
Performs other duties as assigned

Qualification

Real Estate ManagementContract NegotiationMarket AnalysisCommercial Retail KnowledgeMicrosoft Office SuiteLeadershipCommunication SkillsOrganizational Skills

Required

Bachelor's degree in Land Use, Business Administration, Accounting, Real Estate, Finance, or related field
7-10 years of experience in single-tenant retail, multi-unit / multi-market site selection and real estate transaction management with a minimum of 2 years in a leadership role
Extensive land/lease contract negotiation experience and capable of managing high volumes of negotiations
Comprehensive understanding of legal contracts, title reports, due diligence reports and surveys
Extensive Knowledge of the Commercial Retail Real Estate and retail construction industry and practices
Mastery of Microsoft Office Suite and/or related software
Ability to travel to real estate markets for physical site tours
Excellent verbal and written communication skills
Excellent organizational skills and attention to detail
This position requires approximately 15-25% travel to tour potential and existing Quick Quack locations, trade areas or markets and meeting with REM's
If you are tasked to drive as a part of this role, then it is required that you have a clean driving record and a current Driver's License that is not suspended or expired
Prolonged periods sitting at a desk and working on a computer
Must be able to lift up to 15 pounds at times

Company

Quick Quack Car Wash

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Quick Quack Car Wash is a retail company that provides car wash services.

Funding

Current Stage
Late Stage
Total Funding
$850M
Key Investors
Kohlberg Kravis Roberts
2024-06-11Private Equity· $850M
2020-07-08Acquired

Leadership Team

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Jason Johnson
Co-founder/CEO
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Company data provided by crunchbase