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Real Estate Manager

Real Estate Manager

from

It's fun to work in a company where people truly believe in what they are doing. At Dutch Bros Coffee, we are more than just a coffee company. We are a fun-loving, mind-blowing company that makes a difference one cup at a time. 

Compensation:

Position Overview 

The Real Estate Manageris responsible for managing andfacilitating projects through the site selection process, into design, and supporting through shop opening. This role also drives markets and tracks competitors, retail activity, and growth patterns. In addition, this position will foster relationships with HQ departments, community leaders, government officials, brokers, landlords, Build-To-SuitDevelopers and vendors in a manner consistent with Dutch Bros’ values. 

 

The Real Estate Manager must have the ability to work independently and as part of a team, have outstanding organizational skills, adapt easily to change, and be able to meet stringent deadlines. This person must be a tenacious project manager that is task-oriented and follows throughin order to manage their market territory efficiently.Above all else, this person serves as a Director of First Impressions by having a positive attitude and outlook on life and exemplifying the Dutch Creed. 

Key Result Areas 

Secure sites at a level to meet company growth goals each year (lease signed, site approved, plans started, and shops opened): 

  • Drives markets and tracks competitors, retailactivity and growth patterns 

  • Utilizes GIS system for demographic and modeling information to develop a growth plan as well as gain industry knowledge and experience 

  • Maintains awareness of all site opportunities in market areas 

  • Negotiates LOIs andassists in lease negotiations when needed with legal team, franchisepartner and landlord, as applicable 

  • Reviews and Completes Real Estate Committee (REC) Presentation to ensure adequate information is distributed to the REC for final review and acceptance/rejection 

  • Uses field site review time to continue education of Franchisees and Operating Partners in effective siteselection 

  • Completes field review of all sitessubmitted by Franchisees and Operating Partners in defined territory within a prescribedtime frame, as applicable 

  • Partners with construction to aid in communications with landlords/developers as well as meeting deadlines and financial feasibility 

 

Open new Markets each year as directed by the Real Estate Committee: 

  • Maintains network of brokers toassist with site acquisition in all target development markets 

  • Providestimely andaccurate updates on status of all development activities within assigned territory 

  • Provides growth plans as a roadmap for company and franchise partner development 

 

Foster relationships with HQ departments, community leaders, government officials, brokers, landlords and vendors in a manner consistent with DB values: 

  • Maintains continual communication with HQ departments to keep them aware of site opportunities andassist with their development needs 

  • Responds to verbal and written communication from all contacts in a professional andtimely fashion 

  • Utilizes ICSC, Retail Live and other retail conferences to educate outside partners on site requirements and help source site opportunities to fulfill development efforts 

  • Works with Construction, Ops support,Administration and pre-opening support to ensure smooth,timely and successful store openings 

  • Closely interacts with the architecture and design teams to ensure the plan development process istimely and that the Franchisees and Operating Partners stay on their development timeline 

 

Skills 

  • Site Selection and Evaluation 

  • Negotiation and Deal Making 

  • Real Estate Market Knowledge 

  • Legal and Regulatory Compliance 

  • Relationship Building 

  • Project Management 

  • Communication  

  • Analytical and Problem-Solving Abilities 

Location Requirement:  

This position is eligible for remote work in Minnesota, North Dakota, and South Dakota.

Physical Requirements 

  • Occasionally move or lift office items  

  • Must be able to work in an office environment  

  • Must be able to communicate in an effective manner to perform job duties 

  • Vision must be good or correctedin order to perform essential job duties 

  • Hearing must be good or correctedin order to have the ability to understand information to perform essential job duties 

  • Ability to read and write in Englishin order to process paperwork and follow up on any actions necessary 

  • Constantlyoperates a computer and other office productivity machinery, such as calculators, copy machines, computers, and office equipment 

If you like wild growth and working in a unique and fun environment, surrounded by positive community, you'll enjoy your career with us!

by @maxrusakovic