Real Estate Development Manager

• 401(k)
• 401(k) matching
• Bonus based on performance
• Competitive salary
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

• Own and manage an independent pipeline of new site opportunities across assigned markets, driving deals from initial site identification through executed lease.
•  Manage broker relationships across assigned regions to identify and evaluate new site opportunities.
• Lead the negotiation of Letters of Intent (LOIs) and lease agreements, representing Excel Fitness’s interests and partnering with legal counsel to finalize deal  Develop and maintain strong relationships with landlords, developers, and real estate partners to ensure Excel Fitness remain tenant of choice.
• Create and maintain real estate committee presentation decks for new site approvals and leadership review.
• Liaise with the Planet Fitness Corporate Real Estate team to ensure compliance with franchisor requirements and reporting standards.
•  Own all facility-related functions related to landlord obligations including work tickets, notices, and reporting.
•  Serve as the primary point of contact for landlord communication, ensuring timely resolution of property and maintenance issues.
•  Partner with the legal team to manage and track ongoing facility-related issues across portfolio.
•  Maintain and oversee all real estate abstracts and portfolio data to ensure accuracy and completeness within the lease management system.
•  Maintain accurate and timely reporting of the real estate pipeline for internal stakeholders across the enterprise.
•  Partner with construction, design, and operations teams to ensure alignment on site delivery timelines and landlord deliverables.
•  Provide analysis and reporting for leadership and FP&A as needed to support strategic growth decisions and annual budgetary forecasting.
•  Lead market strategy discussions and drive multi-year development schedules in partnership with the Director of Real Estate.
•  Manage all asset management responsibilities across the portfolio, including lease administration, landlord relations, renewal planning, and proactive identification of portfolio risks and opportunities.
• Lead disposition efforts for underperforming or closed locations, including assignment and sublease negotiations, to minimize financial exposure across the portfolio.

•  High School diploma or equivalent required. Preferred Bachelor’s degree in Real Estate, Finance, Business, or related field preferred.
•  5+ years of commercial real estate experience with a demonstrated track record of independently sourcing sites, negotiating LOIs, and executing leases for a national franchise, multi-unit retailer, or real estate developer.
•  Experience working in a Real Estate Department, preferably within a multi-unit retail or QSR environment.
•  Familiarity with franchise operations and franchisor compliance requirements is preferred.
•  Strong market analysis and site selection skills with a solid understanding of real estate processes, contracts, and deal structures.
•  Proficient in Microsoft Office (Excel, PowerPoint, Word) and lease management systems (Visual Lease experience preferred).
•  Demonstrated project management ability with strong organizational and analytical skills.
•  Self-starter with an ownership mentality, sense of urgency, and commitment to meeting goals.
•  Excellent presentation and communication skills with the ability to work effectively across all levels of the organization.
•  Skilled at developing and maintaining collaborative relationships with brokers, landlords, and internal cross-functional partners.
•  Proven ability to problem-solve, manage competing priorities, and adapt in a fast-paced, evolving environment.
• Dedicated learner who demonstrates curiosity, initiative, and continuous improvement. 

•  Regularly required to talk and hear.
•  Frequently required to sit; stand; walk; use hands to finger, handle or feel; and reach with hands and arms. 
•  Occasionally required to climb, balance, stoop, kneel, crouch or crawl. 
•  Must frequently lift and move up to 15 pounds and occasionally lift and move objects up to 50 pounds.
•  Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.

Employees at a franchise location are employed by the Franchisee and are not employees of PFHQ (the Franchisor). PFHQ neither dictates nor controls labor or employment matters for franchisees or their employees, and does not retain any reserved authority to control the terms and conditions of employment for franchisees or their employees. Each franchisee is responsible for ensuring compliance with local, state and federal law.