Disclosure: salary range provided by job boards may not be a direct reflection of Planet Fitness’ compensation for this role.At Planet Fitness, our mission has always been to enhance people’s lives by providing a high-quality fitness experience in a welcoming, judgement free environment. We are proud to be one of the largest and fastest-growing franchisors and operators of fitness centers in the United States, and we’re grateful for the amazing Planet Fitness team that supports our 2,000+ clubs and millions of members every day.Our Planet Fitness team is comprised of dynamic, dedicated and talented individuals who represent our values of integrity, transparency, passion, respect, and excellence (while having fun!) in everything they do.Joining the PF family means being part of a company that cares about bettering the health and wellbeing of our communities. It means being a part of a supportive, engaging workforce with an inclusive culture that values diversity and creates an environment where everyone can feel they belong. It means encouraging professional growth and development. It means making true, lasting connections with your co-workers with celebrations, team building activities and engaging corporate events! It means creating a positive impact in our local communities through our Judgement Free Generation® philanthropic initiative. It means being part of a brand that you can be proud of!For the past 25 years, we’ve helped millions of people in their fitness journey and revolutionized the industry along the way. And we’re just getting started!The PF Headquarters Real Estate team is searching for a Real Estate Manager – Southeastern US Region. Ideal candidate will have 3-5 years of experience however we are considering limited experience if combined with a degree in Real Estate Management. About the Role:
As our Real Estate Manager for the Southeastern US region, you will be directly responsible for assisting franchise groups in your assigned region to meet their development schedules. You will manage and cultivate relationships and work collaboratively with external brokers and real estate specialists to ensure Planet Fitness franchise development success.
To be successful in this role, you will possess a fundamental understanding of respective markets to complete site sourcing and selection for Planet Fitness retail locations. You will utilize your superior interpersonal skills to ensure all ICSC events, brokerage networks, REITs, and Landlords consider Planet Fitness as the priority for our required space.
The right candidate will be based out of the Southeast, close to a major airport and will be able to travel extensively throughout the Southeastern Region of the United States.
Overall, as our Real Estate Manager and reporting to the Director of Real Estate, you will manage and oversee the real estate process from selection to lease execution for franchised locations within your assigned region.
In this role you will:
Manage the Real Estate process and resolution of contractual issues and oversee all stages of franchisee approval from site selection, application, and evaluation to contract signing and store opening to for franchised locations within your assigned region.
Manage the franchise site orientation, site submittal, and lease execution.
Have a strong understanding of the respective markets; retail trends, patterns, traffic flow, demographics, potential market shifts and retail closures that could become future opportunities.
Source and qualify site opportunities by analyzing and validating demographic, zoning, cost, and other pertinent market information within a territory to ensure compliance with Planet Fitness’s criteria as well as the quality and potential of the sites.
Research and identify potential issues and risks associated with each site that could impact the deal, including zoning, variance requirements, restrictions, etc., and communicate recommendations to the internal team.
Travel to required market areas to visually inspect and evaluate proposed sites, existing stores, and competitors within the trade area.
Continually keep abreast of market and industry trends, economics, governmental processes, and legal parameters.
Maintain and execute market development plans for franchise locations.
Review contracts for accurate representation of agreement, timelines, obligations, easements, entitlements, signage rights, earnest money, and costs.
Execute weekly “Broker Activity Reports”.
Manage site inventory for your assigned region.
Manage and cultivate relationships with external brokers and real estate community.
Work collaboratively with the Real Estate specialists to ensure pipeline management, LOI, and lease reviews.
Communicate regularly and effectively with project team, providing routine updates and proactively identify upcoming deadlines that will affect the team.
About You:
Bachelor’s degree in Real Estate, Finance, Business, or a related field
1-5 years’ experience/exposure selecting real estate sites for a national franchise or retail developer
1-5 years’ experience/exposure working in a Real Estate department, preferably with QSR or Retail Chain
Must already reside in the Southeast and be able to travel to Planet Fitness locations throughout the Southeastern Region of the US, required
Ability to travel at least 50% of the time and up to 70% of the time during peak club opening times, required
Proven experience and progressive track record in handling complex real estate transactions
Experience working with franchise operations, preferred
Microsoft Windows and Office proficiency in Word, Excel, Outlook, and PowerPoint
Strong knowledge of the real estate process, contracts, and other real estate development transactions
Strong market analysis skills and thorough knowledge of site selection
Excellent project management skills, including demonstrated talent managing a project, planning and establishing priorities, and working within deadlines and budgets
Superior interpersonal skills
Exceptional stage presence and comfort presenting to large groups of people
Demonstrated ability to troubleshoot problems, resolve conflicts and set direction
Self-starter with an ownership mindset and demonstrated abilities to make independent decisions and quickly and effectively solve complex problems
Extremely detail-oriented, efficient, and organized with an exceptional ability to establish priorities and objectives
Superior organizational and time management skills
Possess strong oral and written communication skills and a contagious “can do” leadership style to successfully partner with internal and external teams
Exhibit confidence, ease, and flexibility working in an extremely fast-paced, ever-changing, deadline-driven environment
More Reasons to Join Planet Fitness:
This is a remote position
Early release Fridays
Volunteer days off
Competitive salaries and comprehensive benefits package
Employee Stock Purchase Program
Childcare allowance
Generous vacation/holiday pay
Free Black card and amazing exercise incentives
Company-sponsored social events