Director of Real Estate in Little Rock, Arkansas at DYNE Hospitality Group
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Job Description
About DYNE Hospitality Group
Tropical Smoothie Cafe's largest franchisee is DYNE Hospitality Group, with over 120 locations across 8 states. DYNE's mission is to create opportunities by leveraging our God-given gifts, believing that everyone excels at something. When we work in our area of gifting, we are energized, excited, and love what we do.
We measure our success at DYNE Hospitality Group by creating opportunities through continuous growth. Operational excellence is crucial for our success and ongoing development. We take this commitment seriously, value our team like family, provide resources for their growth, and prioritize our customers' experience. We offer competitive wages, benefits, and opportunities for long-term career growth.
Our Culture is much more than a page on a website or an inspirational poster on a wall. To us, our culture is who we truly are and what we love to do. We use it to make every decision in our company. We encourage our team to live by it and hold each other accountable to it. We base hiring, promotions, team member reviews, performance, and communication on it.
Our Culture consists of the 4 Core Values mentioned, and we use them every day. Walk into any of our cafes, and you will see them prominently displayed. We believe our culture is one of the traits that sets DYNE Hospitality Group apart from the rest.
- Invest In People
- Understand Why
- Make Smart Decisions
- Make It Happen
DYNE Hospitality Group offers competitive wages, benefits, and long-term career growth.
Job Location:
- Little Rock, Arkansas
- Northwest Arkansas Metro
- Jacksonville, Florida
- Dallas-Fort Worth Metro
Job Summary:
Position summary Lead site selection, acquisition, and real estate strategy for a fast-growing quick-service restaurant (QSR) group. Drive pipeline growth, optimize portfolio performance, and partner with operations, finance, legal, and development teams to open new locations on time and on budget while protecting brand and lease economics.
Duties/Responsibilities:
- Develop and execute short- and long-term real estate strategy aligned with growth targets and unit economics.
- Identify, evaluate, and secure new sites (ground-up, endcaps, inline, pad sites, and redevelopments) across target markets.
- Negotiate leases, purchase agreements, letters of intent, and term sheets to achieve favorable rent, tenant improvement, and early-termination terms.
- Manage pipeline: site due diligence, market and trade-area analysis, demographic and traffic studies, feasibility, and ROI modeling.
- Oversee real estate transaction process end-to-end, including coordination with brokers, landowners, municipalities, architects, permitting teams, and construction.
- Build and maintain relationships with commercial brokers, landlords, developers, and local officials to accelerate site approvals and priority access.
- Partner with finance to develop pro formas, evaluate capex and lease accounting impacts, and support budgeting and forecasting.
- Lead internal cross-functional coordination with operations, construction, marketing, and legal to ensure timely store openings and consistent brand execution.
- Manage lease administration, CAM reconciliation, submetering, renewals, relocations, and claim resolution to control occupancy costs.
- Create and maintain site selection criteria, standard operating processes, and reporting metrics for scalable expansion.
- Hire, mentor, and lead a small real estate team and manage outside consultants and broker panels.
- Monitor market and regulatory trends, zoning changes, and competitive activity; recommend adaptive strategies.
Required Qualifications:
- 8+ years of commercial real estate experience; 3+ years in QSR/retail/site selection preferred.
- Demonstrated track record of site acquisition and lease negotiation for high-velocity expansion.
- Strong financial modeling, analytical, and market research skills.
- Knowledge of lease structures, CAM, TI, ROFR/ROFO, and lease accounting (ASC 842).
- Experience managing brokers, counsel, permitting, and entitlement processes.
- Exceptional negotiation, communication, and stakeholder management skills.
- Willingness to travel frequently and visit prospective sites and markets.
Desired Requirements:
- Strategic thinker with bias for action and ability to deliver in a fast-paced growth environment.
- Data-driven decision maker with strong commercial instincts.
- Collaborative leader who develops talent and scales processes.
- Comfort with ambiguity and rapid change.
About DYNE Hospitality Group
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Overview
DYNE Hospitality Group is a hospitality and restaurant company based in Little Rock, Arkansas. Founded in December 2017 through a merger, it is the largest franchisee of Tropical Smoothie Cafe, operating 100 locations ac...