Real Estate Manager, Chicago

Dutch Bros Coffee; Tempe (AZ); Remote; USD 92,000 - 110,000; Full time

Job summary

A leading company in the coffee industry seeks a Real Estate Manager to oversee site selection, project management, and fostering relationships with key stakeholders. This role includes significant responsibilities for market analysis and managing commercial real estate transactions. Candidates must have a bachelor's degree and at least 5 years of relevant experience, along with strong project management skills.

Qualifications

• Minimum of 5 years of commercial real estate-related experience required.
• Knowledge of build-to suits, leases, land use, and construction project management is a plus.
• This position requires driving; a minimum of 40% of time will be spent traveling.

Responsibilities

• Manage and facilitate projects through the site selection process to shop opening.
• Drive markets and track competitors, retail activity, and growth patterns.
• Negotiate LOIs and assist in lease negotiations with the legal team.

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

Education

Bachelor’s degree in a related field

Job description

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.

Position Overview:

The Real Estate Manager is responsible for managing and facilitating 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-Suit Developers 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 through in 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.

Job Qualifications:

• Bachelor’s degree in a related field, or equivalent experience, required

• Minimum of 5 years of commercial real estate-related experience, required

• Knowledge of build-to suits, leases, land use, development processes, building permits, and construction project management is a plus

• This position requires driving, a minimum of 40% of time will be spent traveling

Location Requirement:

This position is eligible for remote work within any state Dutch Bros currently resides in (AL, AZ, CA, CO, FL, ID, KS, KY, MO, NM, NV, OK, OR, TN, TX, UT, WA)

Key Result Areas (KRAs):

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, retail activity 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 and assists in lease negotiations when needed with legal team, franchise partner 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 site selection

• Completes field review of all sites submitted by Franchisees and Operating Partners in defined territory within a prescribed time 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 to assist with site acquisition in all target development markets

• Provides timely and accurate 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 and assist with their development needs

• Responds to verbal and written communication from all contacts in a professional and timely 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 is timely 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

Physical Requirements:

• Remote Work Environment Adaptability: Must be able to effectively perform job duties in a remote work environment. This includes having access to a reliable high-speed internet connection and maintaining a professional workspace that supports job functions.

• Effective Communication: Must possess strong verbal and written communication skills to interact effectively with team members, clients, and other stakeholders via email, video conferencing, and other remote communication tools.

• Vision Requirements: Vision must be adequate or correctable to perform essential job duties, such as reading documents on a computer screen and using other visual tools. Use of corrective lenses or other measures to meet visual requirements is expected if needed.

• Hearing Requirements: Hearing must be sufficient or correctable to ensure clear understanding of spoken information, including participating in virtual meetings and phone calls. Use of hearing aids or other assistive devices is acceptable if needed.

• Reading and Writing Proficiency: Ability to read and write in English is essential for processing documents, drafting reports, and following up on necessary actions. Proficiency in written communication is required to handle job-related tasks effectively.

• Technology Proficiency: Must be proficient in operating a computer and other office productivity tools such as printers, scanners, and collaboration software. Familiarity with remote work platforms and software is crucial.

• Travel Requirements: Occasional travel may be required for business meetings or other work-related activities. Must be able to travel as needed, including driving or flying, and manage travel logistics effectively.

• Remote Work Setup: Employees should have a dedicated, ergonomic workspace with high-speed internet, a reliable computer, and necessary tools like a headset and webcam. They must adhere to company policies on data security and professionalism while having access to IT support for technical issues.

This position is eligible for remote work in any state Dutch Bros resides.

Compensation:

$92,997 - DOE

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