Senior Director of Real Estate

MOD Pizza | Bellevue, WA

***Criminal Background Friendly Employer***

Posted Date 7/10/2020
Description

No matter who you are or where you come from, you are welcome here. At MOD, we embrace individuality, support human growth, and recognize the value in second chances.

Every day and in every store, we create a culture where individual spirits are celebrated. And as part of MOD, you will be empowered to provide that same experience for every single customer that walks through the door.

We’re growing, with more than 400 locations across 28 states, and Canada. So we’re always looking for people who demonstrate what we call the 4G’s: Grit, Growth, Generosity, and Gratitude. You’ll help us create a positive social impact in your community, making MOD an exciting place to eat and a place where others are inspired to bring about change. We call it Spreading MODness®. Come be part of it.

Position Overview

Build and maintain relationships with brokers, developers, and landlords, and leverage those relationships to identify sites in existing and planned developments across MOD’s footprint. This position is responsible for both the strategic planning and tactical implementation for a range of projects and initiatives, including growth strategy, competitive analysis, market planning and strategic initiatives execution support. Role can be remote.

Key Responsibilities:

  • Responsible for managing the performance of the team including performance management, Performance evaluations and professional development
  • Lead the development team and implementation of the real estate strategy to support MOD’s long-range business plan
  • Demonstrate expertise in real estate portfolio management including site selection, construction, budgeting, project, and risk management.
  • Gather and evaluate economic, demographic, and other market data to identify key trade areas
  • Perform competitor analysis and site mapping within key trade areas
  • Visit and inspect prospective properties to determine suitability
  • Build and manage the pipeline of potential sites in markets identified for expansion to ensure MOD achieves it growth objectives
  • Within a scope, manages all aspects of market development. “Quarterback” of the Store Dev Team for region including the delivery of 10 approved sites per year
  • Creates and develops business and five-year growth plan for markets and able to deliver to plan.
  • Tracks and delivers to performance goals and is able to manage to budgets.
  • Negotiate the terms of letters of intent with brokers and landlords consistent with return objectives
  • Negotiate and understand all provisions of leases with support of outside counsel
  • Prepare site evaluation packages, including store financial proforma, for executive management
  • Perform ad-hoc strategic and store analysis in support of executive management
  • Outline, lead, and execute on the development strategy for company growth markets
  • Support franchise partners in selection of franchise-owned sits
  • Support finance department in administration of existing site leases
  • Support marketing department in development of new store opening strategies
  • Support design and construction teams in communication with landlords and developers through the development life cycle

Basic Qualifications:

  • Bachelor’s degree in relevant area of study
  • Experience leading a team
  • 10+years commercial real estate experience with a multi-unit, multi-state fast-casual restaurant chain
  • Exceptional ability to gather, analyze and present demographic and financial data in executive level reports
  • Proficient with MS Excel, PowerPoint, modeling tools and Access
  • Ability to travel, including overnight travel, up to 50% or greater
  • A passion for MOD Pizza

Physical Requirements:

Travel work involves operating a motor vehicle within a specific region or route. Regularly and safely perform all functions of operating a motor vehicle, including prolonged sitting. Regularly operate a laptop and mobile phone. Communicate and exchange information with co-workers and other individuals in person or electronically. Occasionally positioning oneself (e.g., stand, walk, stoop, bend, twist, kneel, crouch, push, pull) to move or lift objects weighing up to 50 lbs.

This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned to meet the ongoing needs of the organization.

No matter who you are or where you come from, you are welcome here. At MOD, we embrace individuality, support human growth, and recognize the value in second chances.

Every day and in every store, we create a culture where individual spirits are celebrated. And as part of MOD, you will be empowered to provide that same experience for every single customer that walks through the door.

We’re growing, with more than 400 locations across 28 states, and Canada. So we’re always looking for people who demonstrate what we call the 4G’s: Grit, Growth, Generosity, and Gratitude. You’ll help us create a positive social impact in your community, making MOD an exciting place to eat and a place where others are inspired to bring about change. We call it Spreading MODness®. Come be part of it.

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