Vice President of Real Estate - West

It's fun to work in a company where people truly believe in what they are doing. At Dutch Bros Coffee, we are more than just a coffee company. We are a fun-loving, mind-blowing company that makes a difference one cup at a time. 

Position Overview:

The VP of Real Estate is responsible for the achievement of the real estate submittal pipeline and new shop opening goals of Dutch Bros. They will oversee and manage all aspects of the real estate pipeline for their territory while serving as a liaison between the construction and design teams, legal, operations, finance, etc. to ensure shop opening targets are met on time.

Job Qualifications:

• Bachelor’s degree in Business, Real Estate, or related field or equivalent hands-on experience

• 10+ years of industry management experience

• Intimate knowledge of QSR real estate markets and extensive background in the managing field real estate teams

• Must be able to uphold Dutch Bros performance standards of collaboration, performance excellence, sense of urgency, openness to new ideas, inclusion & diversity, integrity, customer focus, and respect

• Knowledge of retail real estate site selection, purchase and lease negotiations, real estate law, zoning law, entitlement process, construction process, and business management

• Strong leadership principles, team management, and interpersonal skills

• Excellent organizational, analytical, relationship building/interpersonal and problem-solving skills

• Highly effective verbal and written communication skills

• Highly motivated, self-starter.

• Ability to confidently present to local stakeholders and senior management

• Must possess a valid Driver’s License; this position is required to drive

Location Requirement: 

This position is eligible for remote work within the West region of the United States. Willingness to relocate to the greater Phoenix, Arizona area is a plus and preferred.

Key Result Areas (KRAs):

Responsible for Dutch Bros Real Estate strategy and pipeline execution to meet company vision:

• Responsible for the real estate strategy for new shop openings and market expansion while supporting shops being constructed within set timelines and budgets

  • Forecast and manage new site submittals to Real Estate Committee, achieving size and pace goals

  • Analyze and adapt strategy to execute the company’s shop opening goals

  • Ensure real estate transactions meet financial and strategic objectives

  • Oversee market analysis, real estate transactions, and negotiation processes in line with company goals and objectives

  • Develop a comprehensive strategy for the real estate team to execute against the Dutch Bros Market Plan and expansion strategy

• Create written and verbal presentations that clearly show plan progress, tracking, and reporting to senior leadership and stakeholders

  • Create and oversee tracking and cross-departmental and leadership reporting and communication

  • Drive innovation and insights with better tools, data analytics, etc.

  • Ability to develop and execute successful bidding and negotiating strategies to achieve site submittal goals

Manage internal and external partner relationships; build and lead a team to support team objectives:

• Build and maintain infrastructure to support strategic objectives and efficiently execute initiatives

  • Lead the field real estate team of Directors, Real Estate Managers, and Real Estate Transaction Coordinators in territory covered

  • Oversee the real estate team’s day to day activities in territory covered, including the sourcing of sites, REC process, team territory assignments and strategies,

  • Manage hiring decisions, training, and management of team

  • Liaise with Legal, Operations, Finance, etc. to ensure efficient processes and tracking of pipeline management between functions

• Manages day-to-day customer, partner, and/or vendor relationships

  • Develop and cultivate relationships with land owners, brokers, developers, potential business partners, and professional organizations

  • Represent DB to local governmental entities and the public including facilitating community meetings and public hearings as needed

  • Support activities and communications between stakeholders, consultants, and contractors including engineers, architects, and attorneys in order to deliver stores within appropriate time-frames

Skills:

• Business Plan Development

• Communication

• Critical Problem Solving

• Building the Bench

• Negotiation

• Market growth strategy and planning

• Budgetary Responsibility

Physical Requirements:

• Mobility and Physical Tasks: Ability to occasionally move or lift items up to 25 pounds, such as files or equipment, which may be necessary while working in various office environments or while traveling. Must be able to sit for extended periods of time while traveling.  Must be able to stand, stretch, twist, and reach. 

• Travel and Office Environment Adaptability: Must be able to work effectively in diverse environments including various offices and hotel rooms and adapt to different settings while traveling, including driving or flying.

• Effective Communication: Must be able to communicate effectively in both written and verbal forms to perform job duties, including during travel or remote work situations.

• Vision Requirements: Vision must be good or correctable to ensure the ability to perform essential job duties, such as reading documents, navigating travel routes, and utilizing office technology.

• Hearing Requirements: Hearing must be good or correctable to facilitate understanding of spoken information and effective communication, both in office settings and during travel.

• Reading and Writing: Ability to read and write in English is essential for processing paperwork, documenting travel-related activities, and following up on necessary actions.

• Technology Proficiency: Constantly operates a computer and other office productivity machinery (e.g., calculators, copy machines) to perform job functions effectively, including while traveling.

• Effective Communication: Must possess strong verbal and written communication skills to interact effectively with team members, clients, and other stakeholders via email, video conferencing, and other in office or remote communication tools.

Compensation:

$219,000 - DOE

If you like wild growth and working in a unique and fun environment, surrounded by positive community, you'll enjoy your career with us!