Crunch Fitness

Real Estate Manager

Crunch Fitness • $99K — $126K *
Phoenix, AZ 85032In-Person
Real Estate & Construction
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Minimum of 2 years of commercial real estate experience, ideally in retail.
  • Background in retail leasing, site selection, or tenant representation.
  • Strong understanding of retail properties and commercial lease structures.
  • Experienced in negotiating LOIs in commercial real estate.
  • Strong analytical skills for evaluating deal economics and identifying risks.
  • Excellent communication and negotiation abilities.
  • Highly organized with the ability to manage multiple priorities.

Responsibilities

  • Manage the real estate pipeline across various markets, advancing qualified opportunities.
  • Source and evaluate prospective locations based on market priorities.
  • Analyze site demographics, traffic, and competition to determine site attractiveness.
  • Review market information including site plans and demographic reports.
  • Conduct preliminary due diligence on zoning and other site considerations.
  • Lead negotiations surrounding letters of intent and business terms.
  • Partner with legal and finance teams during the deal progression.

Benefits

  • Medical, Dental, and Vision Benefits
  • 401(k) with Company Match
  • Paid Time Off (PTO)
  • Life Insurance & Short-Term Disability
  • Free Crunch Fitness Membership
  • Discounted Personal Training Sessions
  • High-energy, team-focused environment
  • Tremendous growth opportunity within a rapidly expanding company.
Full Job Description
Real Estate Manager

Reporting directly to the Vice President of Real Estate, the Real Estate Manager will support the front end of the real estate process, including deal flow, site identification and evaluation, financial analysis, preliminary negotiations, and preparation of opportunities for senior-level approval.

This is a hands-on, deal-oriented role for someone who understands retail commercial real estate, enjoys evaluating opportunities and negotiating deals, and can effectively build relationships with brokers, landlords, developers, and internal partners.

Essential Duties & Responsibilities
  • Manage the real estate pipeline across multiple geographic markets, identifying and advancing qualified opportunities.
  • Source, review, and evaluate prospective locations based on established market priorities and site-selection criteria.
  • Evaluate demographics, traffic, visibility, accessibility, parking, co-tenancy, competition, trade areas, and surrounding retail.
  • Review site plans, aerials, demographic reports, and other relevant market information.
  • Conduct preliminary due diligence related to zoning, access, parking, signage, use restrictions, and other potential site considerations.
  • Coordinate and participate in market visits and site tours.
  • Evaluate deal economics, including rent, tenant improvement allowances, free rent, lease terms, options, and anticipated construction costs.
  • Prepare deal summaries and recommendations for review by the VP of Real Estate and senior leadership.
  • Lead preliminary discussions and negotiations surrounding LOIs and key business terms.
  • Partner with the VP of Real Estate on negotiation strategy and deal parameters.
  • Coordinate with Legal, Finance, Construction, Design, Operations, and other internal partners as deals progress.
  • Develop and maintain strong relationships with retail brokers, landlords, developers, and other commercial real estate professionals.
  • Maintain momentum throughout the deal process and help move qualified opportunities from initial review toward approval and execution.

Qualifications
  • Minimum of 2 years of commercial real estate experience, preferably within retail commercial real estate.
  • Experience in retail leasing, site selection, tenant representation, development, acquisitions, or a similar capacity.
  • Strong understanding of retail properties, shopping centers, commercial lease structures, and the factors that drive successful site selection.
  • Experience with LOIs and commercial real estate negotiations.
  • Strong financial and analytical skills with the ability to evaluate deal economics and identify potential risks.
  • Excellent communication, negotiation, and relationship-building skills.
  • Highly organized with the ability to manage multiple opportunities and priorities simultaneously.
  • Self-motivated, proactive, and comfortable working independently while collaborating with senior leadership.
  • Ability and willingness to travel throughout assigned markets.

Preferred Experience
  • Experience with a national or regional retailer, restaurant, fitness operator, or other multi-unit concept.
  • Tenant representation or retail leasing experience.
  • Experience with second-generation retail and/or ground-up development.
  • Bachelor's degree in Real Estate, Business, Finance, or a related field preferred, but not required.

The Ways You Can Benefit
  • Competitive Earning Potential (Salary + Bonus, approx. $99-$126K)
  • Medical, Dental, and Vision Benefits
  • 401(k) with Company Match
  • Paid Time Off (PTO)
  • Life Insurance & Short-Term Disability
  • Free Crunch Fitness Membership
  • Discounted Personal Training Sessions
  • High-energy, team-focused environment
  • Tremendous growth opportunity within a rapidly expanding company

Your next deal could become our next Crunch Fitness. APPLY TODAY!

About Crunch Fitness

Crunch was founded in a basement level aerobics studio in New York City’s East Village in 1989 by Doug Levine. With the collaboration of exercise instructors the group fitness programming was started at Crunch. Today there are more than 500,000 gym members across the US and operations recently extended to Australia.

Crunch Fitness Careers

There has never been a better time to join the vibrant team at Crunch Fitness—the leading network of fitness centers known for its energetic atmosphere and diverse offerings.

Work You’ll Do

Join Crunch Fitness's industry-leading team to assist individuals in achieving their fitness and wellness goals. At Crunch Fitness, the focus is on transforming lives through dedication, innovation, and leadership in the fitness industry. Lead in a unique role within the marketplace, at the convergence of health, wellness expertise, and digital innovation. Work alongside a dynamic team of fitness and health advisors to help members navigate their personal fitness journeys. Collaborate with the most passionate group of fitness professionals—dedicated to fostering a culture of growth, diversity, and innovation.

Introducing the Crunch Fitness Professional Growth Path

The team is building a market-leading program to offer job opportunities that allow for personal and professional development within the fitness industry.

Do Innovative Work

Join the largest group of fitness experts—dedicated professionals at the intersection of health, industry expertise, and digital innovation.

Drive Innovative Work

Deliver targeted fitness solutions through a depth and breadth of training experience and innovation that’s second to none.

Be Part of a Great Team

Engage in a wide range of fitness technology and harness the unparalleled capabilities, global scale, and joint solution development of a leading team.

Future-proof Your Career

Advance as far as your ambition takes you with near-limitless opportunities to grow your career with unmatched training, development, and certification support.

Explore

Discover how Crunch Fitness leads the way in predictive health maintenance and innovative fitness solutions that cater to a diverse clientele.

The Crunch Fitness Leadership and Innovation Initiative

The combined service capabilities, global scale, and joint solution development help clients overcome challenges and lead transformation in their personal health and fitness. Clients across the globe look to Crunch Fitness for new strategies and solutions to drive health innovation and growth in the digital era.

Stay Connected

Join the Team

Search open positions that match your skills and interest. Crunch Fitness seeks passionate, curious, creative, and solution-driven team players. SEARCH CRUNCH FITNESS JOBS

Keep Up to Date

Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the professionals who work at Crunch Fitness.

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Learn more about Crunch Fitness
Size
1,001 employees
Industry
Hospitality & Recreation
* Ladders Estimates

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