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Director of Site Development
3 months ago
SET THE COURSE
Partner with Senior Executives and third-party brokers to develop and lead company real estate development strategy. This position is dedicated to; sourcing new development restaurant and store opportunities and the management, oversight and organization of the real estate portfolio, lease negotiations, working with internal business partners on project execution and in-house Counsel on leasing related legal issues.
BE THE ISLAND GUIDE
- Leads company efforts to source and evaluate new store and restaurant opportunities.
- Conducts research to support new store and restaurant development projects, including visiting prospective sites, using internal and external data, etc.
- Negotiates company's retail and restaurant leases.
- Conducts financial analysis using pro forma models to analyze each projects
- Works with senior leadership and stakeholders to accomplish development projects.
- Leads the coordination of new development projects, including negotiating LOI’s, work letters and leases, and coordinating jurisdictional compliance requirements, landlord and tenant work, etc.
- Tracks and manages all landlord and tenant lease obligations.
- Performs other duties as needed to help support the overall business.
ESSENTIALS FOR LIFE IN PARADISE
- BS in Business required; MBA or JD preferred.
- Generally, 10 + years of leasing experience working with either a national retailer, REIT, property developer or real estate broker.
- Experience negotiating retail and/or restaurant real estate leases
- Strong financial analysis skills and understanding of lease economics
- Experience with financial “pro-formas”
Multiple factors will vary the applicable rate of pay for this role, including an individual’s experience, knowledge, and skillset, as well as work location and available budget.
Rate Range: $140,000.00 to $200,000.00 annually
Mahalo (thank you) for your interest in Tommy Bahama
