Real Estate Director

Primrose School Franchising Company

Real Estate Director

Phoenix, AZ
Full Time
Paid
  • Responsibilities

    Benefits:

    401(k)

    Bonus based on performance

    Dental insurance

    Health insurance

    Vision insurance

    REAL ESTATE DIRECTOR

    WHAT A DIFFERENCE

    At Primrose, our mission - to forge a path that leads to a brighter future for all children - is why we do what we do each day. Primrose provides a life-changing early learning experience for children and their families. We believe who children become is as important as what they know.

    We believe who YOU are is as important as what you know. We make every effort to ensure everyone feels they belong in our Primrose community. Our commitment to Belongingness means we seek similarities and respect differences in our unique backgrounds, life experiences and perspectives.

    WHAT YOU WILL DO

    As the Real Estate Director, you will manage the Primrose School Franchising Company’s real estate process from location identification through execution of a purchase and sale agreement or lease within an assigned geographical territory. You will be the primary point of contact for franchise owners during the site selection phase and will be responsible for creating, updating and transitioning all franchise owners and target area maps within your territory. This is a full-time, hybrid role.

    Develop and maintain working relationships with assigned franchise owners

    Develop and maintain working relationships with real estate brokers in each of the DSA’s assigned markets

    Establish a mutually agreeable strategy for site search process

    Contact assigned new franchise owners, and commence site acquisition process at the appropriate time

    Manage site identification process from franchise agreement execution through purchase or lease agreement execution

    Serve as primary contact for franchise owners during site identification process, including the preparation and presentations of sites for possible locations

    Serve as primary Primrose contact with broker and seller/landlord and during entitlement process, acting as the secondary contact with broker and seller/landlord

    Coordinate preparation of concept site and floor plans

    Review opportunities with Development Project Manager before preparing approval package to gain consensus on project viability

    Prepare and negotiate letters of intent, internal site approval packages, and purchase agreements with outside legal counsel

    Identify and prepare maps for new target areas

    Recommend boundaries for newly created Designated Areas and manage communication process with Franchise Owners for approval of final maps

    Ensure all necessary information/documents are provided to and received from Franchise Owners

    Consult with Independent Development franchise owners to review proposed sites and helps prepare and present site approval packages

    Review all sites submitted by brokers for potential Primrose sites in assigned areas

    WHO WE ARE LOOKING FOR

    Bachelor’s degree preferred

    7+ years of commercial real estate experience on the tenant/user side

    Experience in locating real estate development and lease opportunities and purchase and lease agreement negotiation

    Experience in growing retail/service retail brands in the designated region

    Understanding of the entitlement process

    Experience and knowledge in working with small pad and raw development sites

    Proficiency in market analysis software

    Experience with multi-unit management, franchising and/or early childcare

    Goal and detail oriented, self-directed, and collaborative

    Ability to build trusted relationships with internal and external partners

    Credible, honest, high integrity

    Ability to travel 50%

    WHAT YOU WILL GET

    Commission or bonuses based on personal and company performance

    50% tuition reimbursement for up to three children and/or one grandchild at any Primrose School

    Full-time team members are eligible for health, dental and vision insurance

    401k with company matching up to 3.5% and company provided life insurance

    Employee Assistance Program