CAVA · 7 hours ago
Senior Manager, Real Estate
Chicago, IL
Full-time
Onsite
Senior Level
6+ years expCAVA is a fast-growing culinary brand dedicated to fresh, Mediterranean-inspired cuisine. The Senior Manager, Real Estate will be responsible for executing a strategic development plan, managing real estate brokers, and identifying high-quality sites for new restaurants.
Food and BeverageFood ProcessingHospitalityRestaurants
Responsibilities
Execute on and influence a 5-year strategic development plan for every DMA in assigned territory. Complete refresh of plan annually for high growth DMAs
Leverage data analytics, local market knowledge, real estate brokerage and cross functional team members to validate the development plan
Evaluate and tier all identified trade areas (Tier 1, 2 and 3).Complete a stack ranking of trade areas in order of priority for development
Manage real estate brokers in assigned region to elevate CAVA among the landlord and developer community. Ensure CAVA is the first call (top of mind among landlords and developers) for new site opportunities
In conjunction with the real estate broker, identify high-profile, high-quality sites for new CAVA restaurants
Negotiate LOI’s for identified sites with particular focus on deal economics, tenant improvement allowance and landlord work letter
Conduct site approval tours with leadership
Build site packages for all sites with an executed LOI and present site to real estate committee for REC 1 approval
Work with the landlord and cross functional team (Design, Construction, and 3rd party consultants) to complete comprehensive due diligence on REC1 approved sites. Resolve any open issues / questions in a timely manner to keep project on schedule for REC 2 approval
Work with outside counsel to successfully negotiate leases in an efficient and timely manner
Prepare and present key financial metrics (CapEx, CoC returns) to real estate committee for final REC2 approval
Monitor ongoing needs of existing restaurants providing real estate input where needed
Establish and manage broker relationships
Qualification
Required
6 years Real Estate site selection experience
Bachelor's degree in business, Real Estate, or similar field
Ability to manage a high volume of projects at once
Highly motivated and organized
Strong interpersonal and networking skills
An eagerness to join a growing company, a desire to help build a brand
Benefits
Competitive salary, plus bonus and long-term incentives
Early Wage Access!
Unlimited PTO, paid parental leave, plus paid opportunities to give back to the community
Health, Dental, Vision, Telemedicine, Pet Insurance plus more!
401k enrollment with CAVA contribution
Company-paid STD, LTD, Life and AD&D coverage for salaried positions
Free CAVA food
Casual work environment
Company
CAVA
At CAVA, we work every day to bring heart, health, and humanity to food.
5001-10000 employees
Funding
Current Stage
Public CompanyTotal Funding
$738.34MKey Investors
T. Rowe PriceInvusSWaN & Legend Venture Partners
2023-06-14IPO
2021-04-27Series F· $190M
2019-12-10Series Unknown· $40M
Leadership Team
Brett Schulman
Co-Founder & CEO
J
Jonathan Braatvedt
Interim Chief Operations Officer
Recent News
2026-01-13
2026-01-13
2026-01-11
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