Director of Real Estate - Northeast

Overview

It's fun to work in a company where people truly believe in what they are doing. At Dutch Bros Coffee, we are more than just a coffee company. We are a fun-loving, mind-blowing company that makes a difference one cup at a time.

The Director of Real Estate assists the VP of Real Estate with trade area mapping and assessment, demographics research, site sourcing, site assessment, site negotiation, site documentation, and relationship management within North America. This role participates in project meetings and creates or prepares Real Estate Site Packages in the preparation of the real estate site approval by management. The role entails the use of GIS tools, Lease Management, and other tools related to Real Estate.

This role also manages the business relationships with both external and internal partners: real estate developers, brokers, landlords, lawyers/legal counsel, government authorities or interested members of the public sector (as external partners), and the different departments/units i.e. Operations, Finance, Marketing, etc. (as internal partners). In addition, this role also conducts sales forecasts/store/site dilution studies/financial analysis for evaluation by management and participates in special projects as needed.

• Lead and supervise a team of Real Estate Managers based remotely throughout the US.
• Serve as a real estate point of contact for Dutch Bros subsidiaries/businesses.
• Lead/manage/handle lease negotiation and renegotiation - negotiate LOIs (letters of interest), Ground Leases, and potential Purchase/ Agreements in collaboration with outside legal counsel to acceptable company standards.
• Provide professional real estate expertise within the specified market both to internal and external customers.
• Lead the Real Estate Management team through recruiting, development, retention, coaching and support, performance management, and managerial activities.
• Share real estate expertise to support work efficiencies and productivity.

• Conduct trade area mapping assessment, site sourcing, and research, and seek to understand local market dynamics pertaining to a potential new store or a current location within North America.
• Select and manage local brokers to implement New Market strategies and identify sites.
• Conduct thorough sales projection and financial analysis for new stores and strategic dilution of existing stores.
• Prepare, tour, and present real estate packages to the management committee for approval.

• Work extensively across internal functions and with external partners, including, but not limited to operations, finance, store development, marketing, developers, brokers landlords, governmental authorities, and any other interested members of the public.
• Provide professional real estate expertise within the specified market both to internal and external customers.
• Negotiate LOIs (letters of interest), Ground Leases, and potential Purchase Agreements in collaboration with outside legal counsel to acceptable company standards.
• Manage the business relationships with both external and internal partners:
  Real Estate Developers, Brokers, landlords, lawyers/legal counsel, government authorities or interested members of the public sector (as external partners) and the different departments/units i.e. Operations, Finance, Marketing, etc. (as internal partners).
• Other duties as assigned

• Bachelor's degree in Business Management, Economics, or any equivalent related field, or 4 additional years of experience, required
• 5+ years of experience in real estate research or management, site acquisition, required
• Proficient in MS Applications (MS Word, Excel, PowerPoint); knowledge in the use of GIS tools.
• This position requires driving, when necessary

• Negotiation
• Project Management
• Contract Management
• Real Estate Development
• Financial Acumen
• Real Estate Strategies
• Leadership
• Regulatory Compliance
• Market Knowledge
• Presentations

• Occasionally move or lift office items
• Must be able to work in an office environment
• Must be able to communicate in an effective manner to perform job duties
• Vision must be good or corrected in order to perform essential job duties
• Hearing must be good or corrected in order to have the ability to understand information to perform essential job duties
• Ability to read and write in English in order to process paperwork and follow up on any actions necessary
• Constantly operates a computer and other office productivity machinery, such as calculators, copy machines, computers, and office equipment

DOE

If you like wild growth and working in a unique and fun environment, surrounded by positive community, you'll enjoy your career with us!