Director of Real Estate

New Yesterday

Real Estate Strategy & Planning Develop and maintain real estate growth plans for both franchised and corporate markets, in alignment with company growth objectives
Analyze new and existing markets using demographic data, competitive mapping, and performance metrics to inform site strategy
Maintain a robust pipeline of sites and adapt strategy to evolving brand, market, and franchisee needs
Site Selection & Deal Management Oversee site identification and selection for new studio locations, ensuring alignment with brand requirements and success criteria
Lead lease negotiations from LOI to final execution in collaboration with legal and finance
Manage brokers, developers, and other third-party real estate partners to ensure timely and high-quality site opportunities
Franchisee Support & Collaboration Partner with franchisees on market planning and site selection, providing guidance and approval support
Provide clear communications and tools to help franchisees navigate the real estate process and meet development timelines
Cross-Functional Partnership Work closely with Construction, Legal, and Finance teams to ensure seamless handoff from site approval to build-out
Collaborate with the Marketing and Operations teams to ensure new locations reflect the brand vision and operational success criteria
Tracking & Reporting Maintain real estate tracking systems including pipeline, status reports, and dashboards
Present regular updates and market summaries to executive leadership
Ensure all real estate documentation is organized, accurate, and accessible
7+ years of experience in retail or service-based real estate development, preferably with a multi-unit franchise or wellness brand
Demonstrated success in identifying, negotiating, and securing high-performing real estate
Strong understanding of lease terms, LOIs, and real estate legal documents
Ability to manage multiple markets and priorities across both franchised and corporate portfolios
Excellent project management, negotiation, and communication skills
Willingness to travel regularly for site visits and franchisee meetings
Preferred Experience supporting franchisees or working in a franchise-based business model
Knowledge of wellness, fitness, or experiential retail sectors
Real estate license or relevant certifications a plus
Compensation details: 135000-175000 Yearly Salary
PI8039276774a3-35216-38231277
Location:
Atlanta

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