Doug Easterly Email & Phone Number

Brick, NJ

Greater Philadelphia Area

• Developed and executed real estate strategies for selected markets with attendant LOIs, lease negotiations, entitlements, zoning hearings, and site packages as required for franchise and corporate cafes
• Selected GC from bidders and ensured bid included all construction drawing details
• Supervised construction process and answered any queries from GC regarding build-out
• Collated and approved/disapproved change-orders as required
• Ordered all furniture, signs and specialty lighting and coordinated delivery of such

Southern New Jersey

• Managed and executed the development plan for new restaurants in Southern New Jersey
• Negotiated terms of leases and liability and completed site evaluations for senior management
• Examined relocation opportunities that may exist in the market
• Performed lease renewal negotiations and engaged in mid-lease renegotiations if warranted
• Interacted with landlords and franchisees to survey the market for ongoing opportunities and relocation possibilities
• Engaged existing and potential franchisees in availability of existing stores for sale and new development opportunities and completed necessary franchise sale paperwork or store transfer request files

• Sole point of contact for a pipeline of more than 40 purchases and refinances from inception to closing
• Computed a range of loan specific ratios to ensure compliance with investor requirements

• Managed a nationwide portfolio consisting of properties that had defaulted and sold that real estate subject to prescribed department and investor guidelines
• Evaluated the portfolio to screen properties that were categorized as non arms-length transactions or probable strategic defaults and took appropriate action such as petitioning for a file decline or requiring a cash.

• Successfully renegotiated leases with rent reductions and CAM reductions throughout franchise system
• Managed the assignment of leases from corporate name to franchisee name, including negotiations with landlords, attorneys, financial institutions and franchisees due to a corporate restructuring
• Performed site selection and relocation real estate functions for potential and existing franchisees

• Assisted franchisees in site selection and secured corporate approval of franchisee signed leases in Eastern United States (Mississippi River and East)
• Opened 24 Maaco franchises or relocations during tenure including ground-up and retrofits of both freestanding and co-tenancy facilities
• Performed economic analysis of proposed sites and assembled feasible site packages
• Assisted franchisees in lease negotiations and/or contract purchases for property parcels
• Assisted franchisees in zoning/planning board presentations and permitting where required

• Managed site selection process for US markets as assigned for largest franchised pre-school company
• Received approvals for 10 site packages including freestanding sites and endcaps in Eastern, Midwest, and Western United States
• Negotiated cost outlines with developers and contractors
• Assisted in the preparation of financial packages for Goddard sites to present to lenders
• Personally negotiated lease or purchase contracts for Goddard sites for franchisee signature
• Provided assistance in the municipal approvals process for franchisees including meeting with township planning and zoning officials

• Developed nearly 30 new stores, relocations, and rebuilds for the world’s largest property owner with 15,000+ locations worldwide, including freestanding pads, in-line locations and select retrofits
• Managed development specific Philadelphia Region territories: Southern NJ & Central and Northeastern PA
• Led process of garnering municipal approvals utilizing local attorneys, engineers and planners
• Provided market analysis of new sites and directly negotiated leases and purchase contracts
• Worked with developers planning layouts to effect optimal vehicular movements and signage/building visibility.
• Performed property management duties (e.g., expansions, easements)

Ba, Gov'T & Law

Washington Semester Program