Vice President Real Estate

Vice President Real Estate

Blue Rock Search
Published
October 12, 2019
Location
Denver, CO

Description

As the Lead for Real Estate Development for this growing Franchise organization, the primary responsibilities will include:

  • Source and pair franchisees with successful locations for their new franchise operation via available resources
  • Reduce the time from execution of franchise agreement to lease signing
  • Shorten permitting and construction time if possible
  • Implement processes and procedures that make the department more efficient as the company grows
  • Continually develop design standards that improve the profitability of locations.

This person will lead, manage and hold the team accountable. He/She will remove obstacles and brainstorm solutions with the team consisting of Project Manager and Franchise Real Estate Manager.

REQUIRED SKILLS - MUST HAVE:

  • Franchisor Experience
  • Experience working with Commercial Real Estate Brokers
  • Experience in working with Commercial Architects
  • Franchisee Experience in Real Estate a plus
  • Commercial Real Estate broker experience a plus

Knowledge and Skill Requirements:
Ideally, this Executive should bring tactical and strategic expertise in Site selection, working directly with Franchisees with their real estate development and should have experience in the following areas:

  • Maintaining vendor relationships, including addressing volume discount pricing (i.e.: Cushman, Wayfair, art vendors, architecture firm, etc.)
  • Diligently handling franchisee issue escalations (i.e. construction misses, broker issues, standards push back)
  • Maintaining and enforcing compliance to brand standards for look and feel, including brand signature items
  • Oversight of design specifications for new locations including FF&E and applied finishes
  • Managing a selection process of design firms then implement design refresh process
  • Final lease sign-off & Final site sign-off
  • Set the strategic vision for department
  • Identifying and implementing opportunities for improved efficiencies and processes, and change management related to those opportunities
  • Face of department at franchise, industry and real estate functions
  • Tracking development schedules and coordinate notices for amendment documents with outside law firm
  • Capturing up front cost expenditures from all ‘zees, and update FDD accordingly each year (Item 7)
  • Franchisee “workouts” with or without Landlord negotiations (i.e. franchisee resales)
  • Extensive market research/evaluation
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