Director Of Real Estate Development
Company: Chemical Guys
Posted on: January 8, 2022
Director of Real Estate Development
Chemical Guys is more than a brand, it's a lifestyle with a
worldwide following. Driven by adventure, a passion for shine, and
a love for the road ahead, we welcome any and all who share this
passion to become part of our family.
When we started, we decided to wipe the slate clean and start off
fresh with the simple idea to make the best quality chemicals
manufactured right here in California to the highest quality
standard. Over the years, we have grown into so much more: a huge
library of detailing knowledge, a benchmark in the industry, group
of friends with one common passion.
Today, Chemical Guys has become a true omnichannel leader in
automotive appearance industry with a massive social media
following and product distribution around the World. But we know
this is still just the beginning as we want to win in the long run,
drive innovation, and refine the industry while having fun and
smiling along with you. So, grab a wash mitt, some soap, put a
smile on your face, and don't look back--- it's going to be an
Chemical Guys is seeking an exceptional Director of Store
Development and Leasing to help us expand the national footprint of
our experiential retail concept, Detail Garage.
SUMMARY: We are looking for a passionate and growth minded Director
of Real Estate Development to oversee the Real Estate Plan and
Store Development and all Detail Garage company-owned stores, while
providing a consultive role for Detail Garage Franchisees. This
role will be responsible will building an expansion methodology to
ensure that business objectives relating to market analysis, site
selection, lease negotiations/administration, and new store
openings are met, completed on time and within budget.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Report to and work with the Head of Retail on development plans
by analyzing market data such as demographics, income levels,
trends, existing store data, and competitor/cotenant information to
determine site feasibility.
- Oversee the Market Planning process, include creating and
maintaining the DMA database using existing and new demographics
- Develop and lead Real Estate Committee process to effectively
gain input and obtain new store approvals.
- Conduct ongoing store analysis to determine if stores need to
be relocated based upon current market conditions.
- Leverage existing and new contacts to develop a broker network
to assist in the location and negotiation of specific sites. Trains
brokers to understand company standards for site development and
economic terms of lease.
- Negotiate business terms of lease to include economic and site
data such as rent/lease terms, signs, and common area maintenance
followed by ongoing lease administration and asset management.
- Lead internal team and manage vendors while leveraging existing
and new GC contacts to plan and project manage multiple store
development projects, including remodels, expansions, relocations,
and open construction for hand off to Retail Operations team upon
This hire will be key in building out the first dedicated Real
Estate Development function at Chemical Guys and will carry out
managerial responsibilities in accordance with the organization's
policies and applicable laws. Responsibilities include
interviewing, hiring and developing employees; planning, assigning
and directing work; appraising performance; rewarding and
disciplining employees; addressing complaints and resolving
problems. The role needs to ensure cross functional alignment
across IT, Ops, Marketing, HR, and Finance on process needs and
pipeline, including regular direct interfaces with the CEO, CRO,
- Minimum Requirements: Bachelor's degree required in Business,
Real Estate, or related field and 7 + years of relevant
- Demonstrated ability related to retail site selection and lease
negotiations; primarily dealing with strip center store fronts in
all markets including both large and small.
- Sophisticated research skills required to collect and analyze
market information, establish facts and interpret an extensive
array of information in order to draw conclusions, prepare and
defend recommendations and make the critical investment decisions
with corresponding authority and minimal oversight.
- Ability to set personal and project priorities and be highly
organized in day-to-day and longer-term planning and execution, and
track and maintain complex schedules effectively.
- Direct management of construction in the retail, restaurant, or
hospitality industries with accountability for CapEx and budget
- Strong negotiation skills and the ability to influence
- Understanding complex leases/corresponding legal terms.
- 50-75% travel required
Keywords: Chemical Guys, Gardena , Director Of Real Estate Development, Executive , Gardena, California
Didn't find what you're looking for? Search again!