Senior Real Estate Manager

Brand:
Bagel Brands

At Bagel Brands (Einstein Bros. Bagels, Bruegger's Bagels & Noah's NY Bagels) we believe in the bagel and how it has the unique ability to bring people together. Our team has a standard set of values and behaviors that allow us to spread a little more joy and happiness in the world. They let us laugh, smile, and enjoy each other's company a little more. These are the behaviors that guide how we work, how we treat each other, and how we treat our guests. We believe that there is no better way to make someone's day than with a warm, fresh-baked bagel and a heart-felt good morning.

POSITION MISSION

The Senior Real Estate Manager plays a critical role in supporting Bagel Brands' growth strategy by helping identify, evaluate, and advance new store development opportunities across the portfolio. As a key member of the Development team, this role partners across Real Estate, Design, Construction, Operations, and Finance to support the successful execution of the company's new store pipeline and long-term growth objectives.

Through market analysis, site evaluation, project coordination, and cross-functional collaboration, the Senior Real Estate Manager helps ensure Bagel Brands secures strong real estate opportunities that support brand growth, operational success, and an exceptional guest experience. In alignment with Bagel Brands' Mission, Vision, and Values, this role operates with an ownership mindset, attention to detail, and a commitment to collaboration, transparency, and continuous improvement.

Department: Development

Annual Salary Range: $155,000 to $165,000

Targeted Bonus: 15%

Long Term Incentive (LTIP): $20,000 annually

This is a remote position. The ability to travel is required.

ENTERPRISE SCOPE OF RESPONSIBILITY

This role supports the execution and advancement of Bagel Brands' real estate development pipeline, including site identification, trade area analysis, deal tracking, reporting, and coordination across multiple stages of the development lifecycle. The Real Estate Manager partners closely with internal stakeholders and external brokers, landlords, and developers to support new store growth initiatives and ensure timely progression of development projects.

RESPONSIBILITIES INCLUDE, BUT ARE NOT LIMITED TO:

Real Estate Analysis & Site Selection

• Research and analyze existing and prospective trade areas utilizing demographic tools, market data, and competitive analysis to evaluate opportunities and prioritize development targets.

• Review prospective properties by analyzing economic, demographic, and site-specific information while providing insights and recommendations on real estate opportunities.

• Leverage analytics, local market knowledge, broker relationships, and cross-functional partnership to support the company's development strategy and growth plans.

• Conduct site visits, market tours, and property evaluations with brokers and company leadership.

Deal Management & Development Coordination

• Support Director and Senior Real Estate Managers in managing and advancing development projects within the new store pipeline.

• Track and manage development workflows, schedules, and milestone dates to ensure timely progression of LOIs, lease execution, design, and construction activities.

• Monitor monthly, quarterly, and annual lease execution goals to support achievement of company new store opening objectives.

• Build site packages for sites with executed LOIs and prepare presentations for Real Estate Committee review and approval.

• Support negotiation of LOIs with focus on deal economics, tenant improvement allowances, landlord work letters, and site-specific terms.

• Partner closely with Real Estate, Design, Construction, Operations, and Support Center teams to ensure alignment and visibility throughout the development lifecycle.

Reporting, Analytics & Cross-Functional Partnership

• Maintain accurate development pipeline reporting, project tracking, and cross-functional status updates.

• Ensure development data, reporting, and milestone tracking are current and communicated effectively across teams.

• Provide insights and reporting related to site progression, lease activity, and development pipeline performance.

• Partner cross-functionally with Operations, Finance, Construction, Design, and Support Center teams on development-related initiatives and project coordination.

External Partnership & Market Presence

• Interface with landlords, brokers, developers, and other external partners regarding Bagel Brands' site selection criteria and development process.

• Build and maintain strong professional relationships to ensure Bagel Brands remains top-of-mind for new development opportunities.

• Champion a proactive approach to identifying and advancing real estate opportunities aligned with company growth strategies.

LEADERSHIP COMPETENCIES (SENIOR MANAGER)

• Effective Communication: Communicates clearly, professionally, and collaboratively across internal teams, leadership, and external partners while ensuring alignment and transparency.

• Accountability & Ownership: Takes ownership of development projects, timelines, and business outcomes while driving accountability and follow-through across stakeholders.

• Adaptability & Perseverance: Navigates changing priorities, market conditions, and development challenges effectively while maintaining focus on execution and results.

• Empowerment: Builds strong partnerships across teams, contributes to a collaborative environment, and supports others through proactive communication, knowledge sharing, and problem solving.

• Curiosity: Continuously seeks opportunities to improve processes, strengthen market knowledge, and identify innovative approaches that support company growth objectives.

• Self-Awareness: Demonstrates professionalism, sound judgment, and awareness of the impact of communication, decisions, and collaboration on team and business success.

REQUIRED KNOWLEDGE, SKILLS, & EXPERIENCE

Required:

• Minimum of seven years of experience in commercial real estate, development, or related field.

• Bachelor's degree in Business, Real Estate, or related discipline.

• General knowledge of the real estate development process.

• Strong analytical and organizational skills with the ability to manage multiple projects simultaneously.

• Proficiency with Microsoft Office applications and cloud-based project management systems such as Smartsheet.

• Strong interpersonal, communication, and networking skills.

• Ability to work independently and effectively within a cross-functional, team-oriented environment.

• Strong attention to detail and commitment to delivering high-quality work.

• Ability to travel up to 50% as business needs require.

Preferred:

• Experience supporting retail, restaurant, or multi-unit development environments.

• Experience with demographic analysis and real estate analytics tools.

• Experience managing development pipeline reporting and project coordination.

PHYSICAL DEMANDS

This position primarily operates in an office environment and requires the ability to sit, stand, and use a computer for extended periods of time. The role also requires travel to prospective development sites, market visits, broker meetings, and other business-related activities. Occasional bending, lifting, and carrying of materials up to 20 pounds may be required. These requirements may be met with or without reasonable accommodation.

The duties of this position may change from time to time. The Company reserves the right to add or delete duties and responsibilities at the discretion of the Company or its managers. This job description is intended to describe the general level of work being performed and is not intended to be all-inclusive.

Bagel Brands is committed to providing equal employment opportunity and fair treatment in employment for all individuals. We do not discriminate on the basis of any characteristic protected by applicable federal, state, or local law. Employment decisions are based solely on qualifications, merit, and business needs.

Address: | Remote , Austin, Texas 00000 |

The physical demands for this position are sits, stands, bends, lifts, and moves intermittently during working hours. These physical requirements may be accomplished with or without reasonable accommodations.

The duties of this position may change from time to time. Coffee & Bagel Brands reserve the right to add or delete duties and responsibilities at the discretion of the company or its managers. This job description is intended to describe the general level of work being performed. It is not intended to be all-inclusive.

Bagel Brands is committed to providing equal employment opportunity, and fair treatment in employment without regard to race, ethnicity, color, religion, gender/gender identity or expression, sexual orientation, age, national origin or ancestry, physical or mental disability, military status or any other basis in protected by applicable federal, state and local law. Bagel Brands makes employment decisions based solely on qualifications for the position.