Director Of Real Estate & Micro-Suite Concepts
LM Recruiting LLC
About the role:
We own commercial buildings in Cool Springs, and we are hiring a Director of Real Estate to run them today and convert them into themed micro-suite properties tomorrow. You will own the existing buildings end to end: tenant relationships, leasing, vendors, budgets, capital projects, and a small on-site team. At the same time, you will launch our micro-suite concepts — themed office suites, salon suites, gym and fitness suites, and healthcare suites — and write the operating playbook that lets us repeat the model building by building.
This is an operator's seat with a builder's mandate. You will be measured on occupancy, NOI, and how quickly a new concept moves from empty floor plate to full, stabilized, and profitable. If you have run commercial properties, taken a space from drawings to opening day, and want to prove a model rather than maintain one, this role was written for you.
The portfolio and the micro-suite model
The micro-suite model divides a conventional commercial floor plate into many small, individually leased, turnkey suites built around a single theme, so each building sells itself to one audience and tenants get a community, not just an address. We are deliberately not building a generic coworking or executive-suite product;
every property has a theme, a target tenant, and a reason to be there.
The concepts you will launch and operate:
- Themed office suites — private offices and small team suites organized around a professional community. Our first concept is a growth-focused business center for sales, marketing, and AI-driven companies, with classes and seminars as the traffic driver.
- Salon suites — individually leased studios for stylists, estheticians, barbers, and wellness providers, with shared reception, laundry, and back-of-house.
- Gym and fitness suites — private training studios and boutique fitness spaces for independent trainers and small studio operators.
- Healthcare suites — exam-room-ready suites for therapists, med-spa and aesthetics providers, dental and specialty practitioners, and other licensed professionals.
- New concepts you identify, test, and prove out as the model matures.
Our thesis is that micro-suites earn more rent per square foot than a single-tenant lease, spread tenant risk across many small agreements, shorten vacancy cycles, and can be repeated with a standard buildout and leasing playbook per theme. Part of your job is to prove or disprove that thesis with real numbers and document what you find.
What you will own
You hold the P&L for every building in the portfolio and for every concept launched inside them.
Portfolio and building operations
- Own annual operating and capital budgets for each building: NOI, CAM reconciliations, reserves, and variance reporting to ownership.
- Run day-to-day operations across the portfolio: maintenance, vendor and service contracts, preventive maintenance schedules, security, janitorial, and landscaping.
- Manage capital projects from scope to close-out, including tenant improvements, common-area upgrades, and system replacements.
- Keep every property compliant with building codes, fire and life-safety requirements, ADA, insurance conditions, and local ordinances.
- Maintain property records, insurance programs, tax filings, and lender or partner reporting.
Tenant management and leasing
- Own the full tenant lifecycle: lead handling, tours, applications, lease or license negotiation, move-in, renewals, and move-out.
- Drive occupancy and rent growth with a leasing plan per building, a broker and referral network, and direct outreach to target tenant groups.
- Administer leases and license agreements: rent collection, escalations, defaults, late fees, and lease abstracts.
- Run tenant communication, escalations, and conflict resolution so that retention stays high and problems reach you before they reach ownership.
- Report occupancy, collections, renewals, and tenant satisfaction monthly.
Team leadership
- Hire, train, schedule, and manage on-site staff for property operations and suite concepts, including front-desk, community, and maintenance roles.
- Write the job descriptions, onboarding, and performance standards for each role as the team grows with the portfolio.
- Select and manage third-party property managers, brokers, and contractors where it beats hiring in-house.
Launching micro-suite concepts
- Build the business case for each concept and building: market study, competitor set, pricing, pro forma, buildout cost, and time to stabilization.
- Design the suite program with architects and designers: unit mix, suite sizes, shared amenities, finishes, signage, and technology.
- Run the buildout: general-contractor selection, permitting, inspections, schedule, budget, and punch list through certificate of occupancy.
- Set pricing and packaging: lease versus license agreement, term options, included services, deposits, and add-ons.
- Pre-lease each concept before opening day and run the launch: marketing, open houses, events, and community programming.
- Operate each concept through stabilization and hand a stable, documented site to the on-site team.
Documenting and scaling the model
- Write the operating playbook for each concept: site selection criteria, suite standards, buildout specifications, pricing model, leasing process, staffing model, and vendor list.
- Track unit economics per building and per concept: cost per suite, rent per square foot, lease-up velocity, time to stabilization, NOI uplift against a conventional lease, and tenant churn.
- Produce the investment case for the next building: a repeatable acquisition and conversion memo ownership can use to evaluate properties and raise capital.
- Build and maintain the reporting that shows whether the micro approach beats conventional commercial leasing, and recommend where to expand, adjust, or stop.
What you bring (required)
We expect prior experience in each of these areas;
this is not a first leadership role.
- 8+ years in commercial real estate, including 3+ years leading property, asset, or portfolio operations across multiple buildings.
- Direct P&L ownership for a commercial portfolio: operating and capital budgets, NOI, CAM reconciliations, and reporting to owners or investors.
- Hands-on commercial leasing and tenant management: negotiating leases and renewals, handling collections and defaults, and keeping occupancy above market.
- Delivered at least one space from concept to opening: tenant-improvement design, general-contractor and architect management, permitting, inspections, and lease-up.
- Hired and managed on-site staff and third-party vendors, and held them to written standards.
- Financial modeling in Excel at the pro forma level, and working fluency in property-management software (Yardi, AppFolio, Buildium, or similar).
- Clear, structured writing: you have produced budgets, SOPs, board or owner reports, or playbooks that other people actually used.
- Based in or willing to relocate to the Brentwood / Franklin area;
this role is on-site, with regular travel between properties.
Nice to have
Any of these moves you to the top of the list.
- Launched or operated a suite-based or flexible-space business: salon suites, executive or coworking suites, medical suites, or studio leasing for trainers.
- Experience with license and membership agreements as an alternative to traditional commercial leases, including the legal and tax differences.
- Healthcare buildout knowledge: med-spa, dental, or behavioral-health suites, plumbing and infection-control requirements, and provider credentialing timelines.
- Marketing and lead generation for leasing: digital campaigns, event programming, and broker and referral partnerships.
- Experience presenting investment memos, operating playbooks, or expansion plans to owners, partners, or lenders.
- Tennessee real estate license, CPM, CCIM, or RPA designation.
- An existing network of brokers, contractors, and tenant communities in Williamson County and greater Nashville.
Compensation, benefits, and how to apply
Compensation pairs a base salary with a bonus tied to the numbers you control: portfolio occupancy, NOI against budget, and concept-launch milestones such as pre-leasing targets and stabilization dates.
- Base salary
- Performance bonus: [target percentage], paid on occupancy, NOI, and launch milestones
- Optional: profit participation or equity in new concepts you launch
To apply , send your resume and a one-page summary of a space you took from concept to occupancy: what it cost, how long it took to lease, what the numbers looked like at stabilization, and what you would do differently. We read the one-pager first.
We are an equal opportunity employer. We make hiring decisions on experience and results, without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other protected status.
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