The Role
Manage the real estate pipeline across territories, perform site analysis, handle negotiations, and collaborate with various teams to support studio openings.
Summary Generated by Built In
[solidcore] is seeking a Senior Real Estate Manager to support the studio development team's objective of swift growth across the United States. This role will report to the Director of Real Estate and work with the greater [solidcore] teams on the annual NSO (new studio open) portfolio as well as various projects and initiatives to support the existing fleet of over 160 locations. This role will have an internal direct report(s), and should expect to travel 15-30% of the time.
Key Responsibilities:
- Manage and own the real estate pipeline for assigned territories
- Perform site research and analysis for all real estate sourced and/or accepted into pipeline
- Manage and own the pipeline resource with critical information, dates and documentation; move sites through real estate diligence
- Coordinate Real Estate Committee deliverables for executive team and cross functional partners
- Ownership of LOI negotiations
- Collaboration with legal team on lease negotiations
- Manage all broker relationships for assigned territories
- Manage landlord relationships through due diligence and permitting alongside the development team
- Manage national institutional relationships; ensure solidcore is always the first call
- Develop partnerships with other HQ functions including Legal, Operations, FP&A, and Marketing teams
- Perform special projects in support of cross functional business functions as requested
- Act as evangelist and steward of the [solidcore] brand in all professional settings
Qualifications:
- Bachelor’s Degree in Real Estate, Finance, Business, Law, GIS, or related field of study applicable to role required
- People management and team lead experience required
- Minimum 3-5 years of multi-market deal making/leasing experience, directly or indirectly with retailers, required; class A/urban street retail asset experience preferred
- Ability to read, write and interpret legal documents
- Self-starter with high accountability and eagerness to learn quickly
- Strong capability in balancing priorities against multiple deadlines
- Interest in continuously honing negotiation skills
- Strength in analyzing large amounts of data and distilling into digestible and actionable recommendations for various stakeholders
- Understand business performance and can action upon working with resources to create new insights for real estate and company strategies
- Passionate about [solidcore], retail brands and/or retail real estate
Compensation and Benefits:
- Competitive salary based on experience
- Bonus eligibility based on individual and company performance
- Monthly cell phone stipend
- 401k with employer match
- Health, dental, & vision insurance
- Flexible PTO
- Free drop-in classes at [solidcore]
- And MORE
[solidcore] is a national boutique fitness company with 100+ studios across the country. Our signature workout is 50 minutes of low-impact, high-intensity strength training: the lights are low and the music is loud. The coach guides the class through a series of slow & controlled movements that are sequenced to work muscles to failure. This class is accessible for all fitness levels and can be amplified or modified to accommodate individual goals. Class is as intense as our reviews suggest, but our instructors go above and beyond to provide a welcoming, supportive, empowering, and challenging experience for all. Please visit our website here to read more about our mission.
[solidcore] is firmly committed to social justice and promoting a culture of diversity, equity, and inclusion. You can click here to find out more about the actions we are taking to promote a more diverse and inclusive space for both our clients and our internal team.
[solidcore] is an equal-opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. [solidcore] makes hiring decisions based solely on qualifications, merit, and business needs at the time.
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The Company
What We Do
[solidcore] is unlike any other workout out there. Our 50-minute, full-body, high energy, low-impact classes use slow, controlled movements on our resistance-based machine to work your muscles to [failure]. With hundreds of moves stemming from planks, lunges, and squats – as well as many different resistance options – every class is different, leaving your body and mind always challenged. Classes are intense but small, designed to allow our [solidcore]-certified coaches to deliver each client with personalized attention and accountability in a team-environment. The lights are low, the music is on point, and the community is [inspiring].
