Investing in You
*Eligibility may vary
Real Estate Director
Full Time • Phoenix, Arizona
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
At our headquarters, which we call the Support Center, and in regional support roles throughout the country, we seek to build teams of individuals who establish trusted relationships, demonstrate accountability, have a service mindset, and exhibit agility and curiosity.
We are proud to have a team bringing thought leadership and guidance through marketing, operations, education, information technology, real estate, franchise development, finance, accounting, legal, franchise administration and human resources.
(if you already have a resume on Indeed)
Or apply here.
BALANCING WORK AND LIFE*
Balancing work and life can be challenging. We offer Primrose team member, in coordination with their leaders, the opportunity to take advantage of flexible work arrangements.
CARING FOR OUR TEAM*
Primrose Support Team Members are offered medical, dental, vision, 401(k) retirement savings, life insurance, as well as on-site conveniences like a fitness center, dry cleaning, a casual cafe, a community bank, and a car washing service.
FOUNDED ON THE WORKING PARENT*
Our business survives by supporting today's working parent. We offer Primrose Support Team Members 50% tuition reimbursement for up to three children and/or one grandchild at any Primrose School. We are also proud to offer paid family leave.