Real Estate Director
About The Position
Better Buzz Coffee Roasters is growing and expanding our footprint in the southern California market! Better Buzz Coffee seeks a Real Estate Director who is ready to hustle with us on our small, yet mighty team. The Real Estate Manager will be responsible for vetting sites for future new Better Buzz Coffee locations in Los Angeles County. At present, Better Buzz Coffee does not do business in Los Angeles, CA and we are hungry for new locations in that market! We have robust plans for growth and this person will need to hit the ground running. This position is remote-based, and our desired candidate's preferred location will be within the Los Angeles, CA area. Knowledge of the real estate market in Los Angeles, CA is a must. The position will report to our Chief Development Officer. https://betterbuzzcoffee.com/ The Real Estate Director will work alongside our team to build out the company's new location pipeline. We have a big number of locations that we want to open, so the more leases signed, the better. The candidate will be responsible for expanding the market and be responsible for all real estate activities. The position includes managing 3rd party brokers, identifying key areas we should build and develop, locating new sites, negotiating letters of intent, and leases. Better Buzz Coffee is a San Diego based USDA Organic Certified Coffee Roaster with many current locations and growing throughout southern California, Nevada and Arizona. We source and roast all our coffees and we are dedicated to our purpose of providing the Better Buzz experience by fueling each day with exceptional coffee and food in an inspiring environment. We are committed to providing outstanding guest service to our community while fostering a fun and upbeat work environment for our team. We are always pushing forward, growing, and improving to ensure we are the absolute best we can be! Leaders who are excited to challenge themselves and grow will find great opportunities with Better Buzz Coffee!
Requirements
- Bachelor’s degree preferred. Work experience may be a substitute for secondary education
- Southern California real estate market experience required
- Travel required to seek out potential sites
Nice To Haves
- Experience in a high-growth, multi-location business within the food services or hospitality industry a plus
- Owner's reps for growth companies are preferred
- Excellent interpersonal communication skills
Responsibilities
- Work alongside brokers and landlords to reach goals on-time
- Develops and maintains relationships with local market brokers, institutional and equity partners, lenders, real estate owners, and other key stakeholders, and appropriately manages on-going communications related to proposed development projects
- Responsible for new retail and commercial real estate opportunities to support the growth
- Vet and filter potential site opportunities
- Analyze market through constant travel and presence in the markets to determine feasibility and site availability
- Negotiate letters of intent and leases, communicate with internal and external contacts, and oversee the execution of the development process
- Organize & maintain a pipeline report that includes key metrics, current status
- Direct lease, ground lease and purchase negotiations to minimize costs
- Conduct the financial analysis necessary and negotiate with the tenant to obtain optimal terms
- Obtain the necessary third-party support (architects, engineers, etc.) to ensure the seamless execution of development
- Track all milestones and costs to continue optimizing through subsequent projects
- Seek necessary third-party support to determine the highest and best use of the larger-scale assets, while remaining mindful of costs
Benefits
- Full benefits packages available including Medical, Dental, Vision, Life Insurance, 401K w/match
- The best coffee around available all day long!
- Work with a growing brand
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Number of Employees
101-250 employees
