Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

About the Role

The Director, Real Estate is responsible for CorePower Yoga's real estate growth strategy and the health of its existing portfolio. This role involves annual market planning, site selection, leading negotiations for new deals and lease renewals, and managing a portfolio of 213 studios. The Director partners with internal teams and external brokers/landlords to manage sites from identification to opening. This is an analytical and relationship-driven role requiring the ability to translate market data into growth strategies and act as a brand ambassador. The Director will lead a team of three direct reports, supporting CorePower Yoga's anticipated growth of 25+ new studios per year.

Responsibilities

Lead annual market planning process, identifying and prioritizing target markets and trade areas aligned with CorePower Yoga's growth objectives.
Own delivery against annual growth commitments, including new studio openings, relocations, and portfolio optimization targets.
Develop and maintain a data-driven site selection framework, incorporating demographic, lifestyle, and competitive analysis.
Present market plans, growth pipelines, and portfolio performance to executive leadership on a regular cadence.
Manage the full 213-studio portfolio, proactively evaluating each location's performance and lease position.
Lead lease renewal strategy and negotiations across the portfolio, balancing financial performance with brand and market presence.
Identify and execute studio relocations and closures where warranted by market, financial, or lease conditions.
Create and maintain standardized templates and playbooks for LOIs, leases, and market plans to drive consistency and efficiency across the team.
Serve as the quarterback for all new deals, from site identification and underwriting through lease execution, construction, and grand opening.
Negotiate letters of intent and lease agreements directly with landlords and brokers, securing terms that support long-term studio profitability.
Partner closely with Design and Construction teams to ensure sites are delivered on time, on budget, and true to the CorePower Yoga brand experience.
Manage relationships with a network of outside brokers and landlords, representing CorePower Yoga as a preferred tenant and partner.
Lead, coach, and develop a team of direct reports, setting clear priorities and fostering a high-performance, collaborative culture.
Build team capabilities in market analysis, deal negotiation, and portfolio management.

Requirements

7–10 years of real estate experience within a multi-unit, multi-location retail, restaurant, or fitness brand.
Proven track record managing a large studio/store portfolio, including lease renewals, relocations, and closures.
Demonstrated success leading site selection and market planning for a growing brand.
Strong lease negotiation experience, with direct dealings with landlords and brokers.
Highly analytical, with the ability to gather, synthesize, and present complex data to executive leadership.
Experience managing and developing a team; strong people-leadership skills.
Excellent storytelling and communication skills — able to bring the CorePower Yoga brand and the benefits of yoga to life for external partners.
Comfortable operating cross-functionally with Design, Construction, Finance, and Operations.
Willingness and ability to travel approximately 40%.

Skills

Real estate
Market planning
Site selection
Lease negotiation
Portfolio management
Financial acumen
Data analysis
Team leadership
Communication
Storytelling

Location

Remote

Work Type

Remote
Full-time

Experience Level

Director

Education Level

Bachelor's degree

Salary/Compensations

$135,000-$150,000
20% Bonus

Benefits

Free All Access Membership
Free All Access Membership for a Plus One
Retail Discounts
Continued Education Offerings
Access to Employee Assistance Program (EAP)
Comprehensive Health Insurance
Generous PTO Policy
Expanded Holiday Calendar
Quarterly Wellness Days

About the Company

At CorePower Yoga, we live our power by showing the world the incredible life-changing things that happen when you root an intensely physical workout in the mindfulness of yoga.
We are the nation’s largest yoga studio brand with over 200 locations across the country, digital livestream and on-demand classes, and thousands of passionate yoga teachers sharing the transformative power of our practice.
We strive to create a work environment that mirrors the balance, empowerment and community experienced in our yoga studios.

Equal Opportunity

CorePower Yoga is an equal opportunity employer of all qualified individuals, including minorities, BIPOC, LGBTQ+, veterans & individuals with disabilities.
CorePower Yoga provides reasonable accommodation and/or modification to disabled individuals to assist in the application process. Any individual requiring accommodation/modification to complete this application should contact Human Resources at help.corepoweryoga.com.