What are the responsibilities and job description for the Director of Real Estate Operations, Restaurant Division position at Morrow Hill, LLC?
Director of Real Estate Operations, Restaurant Division
Location: Dallas, TX (Headquarters)
Position Overview:
Morrow Hill is seeking an experienced and visionary leader to be the driving force behind our new restaurant division, overseeing the expansion of location services for casual and fine dining establishments across the United States.
The Director of Real Estate Operations, Restaurant Division, will play a pivotal role in developing and executing support strategies and managing a high-performing team to deliver comprehensive real estate services, including site selection, lease negotiation, and market analysis. Your team will leverage our Vision Map and Vision Track technology, proprietary software, that allows Morrow Hill to dominate the lease negotiation landscape.
Key Responsibilities:
- Division Leadership: Establish and lead the Restaurant Real Estate Division, driving its strategic vision and operational excellence.
- Team Building: Recruit, train, and mentor a team of real estate professionals, research analysts, and support staff specializing in restaurant and fine dining location services.
- Location Services: Oversee the end-to-end real estate process, including site selection, market research, lease negotiations, and build out.
- Client Relations: Develop and maintain relationships with restaurant operators, investors, developers, and landlords to secure prime locations and favorable lease terms.
- Market Expansion: Identify and evaluate new market opportunities across the U.S. for restaurant and fine dining growth, ensuring alignment with client needs and market trends.
- Performance Management: Set and achieve key performance metrics for the division, ensuring projects are delivered on time, within budget, and to the highest standards.
- Strategic Partnerships: Collaborate with internal stakeholders, including finance, legal, and marketing, to support the growth and success of the restaurant division.
- Industry Expertise: Stay informed of industry trends, economic factors, and regulatory changes that could impact restaurant real estate strategies.
Qualifications:
- Licensed Broker or Attorney in the state of Texas (Required)
- Bachelor’s degree in business administration, marketing, real estate, or a related field (MBA preferred).
- 8 years as a franchise business consultant, demonstrating strong leadership and support capabilities.
- 8 years of experience in commercial real estate, with a focus on restaurant or retail sectors.
- Proven track record of leading teams and driving successful real estate projects in the restaurant or fine dining industry.
- Strong negotiation, relationship management, and leadership skills.
- Extensive knowledge of U.S. restaurant markets, zoning regulations, and lease structures.
- Exceptional communication, interpersonal and organizational skills.
- Ability to travel as needed.
Compensation: Competitive salary, performance-based bonuses, and comprehensive benefits package.
