Retail Real Estate & Expansion Manager

Crunch Fitness CR Fitness Holdings, LLC

Phoenix (AZ)

On-site

USD 99,000 - 126,000

Full time

14 days+

A complete application in a minute

Tailored resume and cover letter, ready to send.

Get past ATS filters

Benefits offered by this job

Salary + Bonus

Medical, Dental, Vision

401(k) Match

PTO

Life Insurance

Crunch Fitness Membership

Discounted Training

Growth Opportunities

Job summary

CR Fitness Holdings, LLC, the #1 Crunch Fitness franchisee, is seeking a highly motivated Real Estate Manager to support expansion efforts. Reporting to the VP of Real Estate, you will manage deal flow, site identification and evaluation, financial analysis, and preliminary negotiations to prepare opportunities for senior leadership.

This hands-on role requires strong retail CRE knowledge, relationship-building with brokers and landlords, and the ability to travel across markets.

Qualifications

Minimum of 2 years of commercial real estate experience, preferably within retail.
Experience in retail leasing, site selection, tenant representation, development, acquisitions, or a similar capacity.
Strong understanding of retail properties, shopping centers, lease structures, and site selection factors.
Experience with LOIs and commercial real estate negotiations.
Strong financial and analytical skills to evaluate deal economics and risk.
Excellent communication, negotiation, and relationship-building abilities.

Responsibilities

Manage the real estate pipeline across multiple markets and identify qualified opportunities.
Source, review, and evaluate prospective locations based on priorities and site criteria.
Evaluate demographics, traffic, visibility, parking, co-tenancy, competition, and trade areas.
Review site plans, aerials, demographic reports, and market information.
Conduct preliminary due diligence related to zoning, access, parking, signage, use restrictions.
Coordinate and participate in market visits and site tours.
Evaluate deal economics, including rent, TI allowances, free rent, lease terms, and costs.
Prepare deal summaries and recommendations for VP Real Estate and senior leadership.
Lead preliminary LOI discussions and negotiate key business terms.
Partner with the VP of Real Estate on negotiation strategy and deal parameters.
Coordinate with Legal, Finance, Construction, Design, Operations and other partners as deals progress.
Develop and maintain relationships with retail brokers, landlords, developers, and other CRE professionals.
Maintain momentum through the deal process toward approval and execution.