Real Estate Manager

This job can be located in Dallas, Texas or Los Angeles, California. Relocation is NOT offered for this position. This is a full time salaried position.

Job Summary:

The Real Estate Manager is responsible for driving the growth and optimization of the company’s restaurant footprint. This role leads site selection, market analysis, lease negotiations, and portfolio management to support strategic expansion and operational efficiency across new and existing locations across the US.

Duties and Responsibilities:

Site Selection & Market Strategy

• Identify, evaluate, and secure new storefront locations aligned with growth targets
• Conduct demographic, traffic, and competitive analysis to assess site viability
• Partner with Operations and Finance to prioritize markets and trade areas

Deal Structuring & Negotiation

• Lead lease negotiations, renewals, relocations, and dispositions
• Structure deals to maximize ROI while minimizing risk
• Manage relationships with landlords, brokers, and developers

Pipeline & Project Management

• Maintain a robust pipeline of potential sites and track deal progress
• Coordinate with Legal, Development, and Operations teams to ensure timely execution
• Oversee critical milestones from site approval through lease execution

Portfolio Management

• Monitor performance of existing locations and recommend relocations, renegotiations, or closures
• Manage lease compliance, key dates, and financial obligations
• Support cost-saving initiatives across the real estate portfolio

Cross-Functional Collaboration

• Work closely with Development, Finance, Construction, and Operations teams
• Provide real estate insights to inform long-term growth strategy

Knowledge/Skills/Abilities:

• Experience managing national or regional portfolios with 50 locations preferred.
• Deep understanding of retail real estate markets, site economics, and lease structures.
• Strong financial acumen with expertise in deal underwriting and ROI analysis.
• Strategic thinker with hands-on execution capability.
• Exceptional negotiation, relationship-building, and influencing skills.
• Ability to balance speed-to-market with disciplined decision-making.

Qualifications:

• Bachelor’s degree in Real Estate, Business, Finance, or related field required.
• 5 to 8 years of progressive real estate experience, preferably in restaurants, QSR, retail, or multi-unit hospitality.
• Proven track record leading large-scale restaurant expansion and complex lease negotiations.
• Strong financial acumen (ROI modeling, site economics, deal analysis)

Physical Requirements:

• This position may require the ability to perform tasks that involve long periods of sitting at a desk and working on a computer work. Candidates should be able to meet these physical demands with or without reasonable accommodation.
• Ability to travel up to 75% of the time.

Additional Information

• Our client offers competitive salaries, bonuses, medical/dental/vision insurance, prescription drug coverage, 401(k) plan (after 12 months of employment), sick pay, PTO and holiday pay, profit sharing plan (after 90 days of employment), annual food & beverage allowance (prorated for hire date), and company discounts of 30%.

A job description is not designed to cover or contain a comprehensive listing of all activities, duties, or responsibilities that are required of the employee. Duties, responsibilities, and activities may change, or new ones may be assigned at any time with or without notice.

All candidate information will be kept confidential according to EEO guidelines.