Warner Walker Email & Phone Number

Atlanta, Ga, Us

Seattle, Wa, Us

Currently leads a great team of partners responsible for all Starbucks real estate related activities in the Southeast Region of the U.S. Responsibilities include new store development and existing store asset management. Region currently consists of 800+ retail stores with substantial growth forthcoming.• Manage implementation of store development area operating plan including new store count/ store renovations/ lease renewals and capital expenditure management. Capital budget under mgmt. equals approximately $90MM.• Oversees training and development of employees directly and indirectly managed and makes effective staffing decisions.• Manage and promote effective relationship with other internal departments including operations, finance, project mgmt., and legal amongst others.• Effectively creates and implements the store development strategic plan for the region taking into account macro and micro economic variables. .• Help promote the Starbucks brand and store development thru exposure to different groups of individuals.

Seattle, Wa, Us

• Performed management duties for the Southeast Region including overseeing 6 deal-makers and 2 construction managers.• Participation in store development budgeting process including financial analysis, determining store count, sales, ROI, IRR, profit contribution in conjunction with VP of development, and based on the needs of the business.• Performed weekly updates to track team’s progress against goals using the ROI Bank (used to track metrics) and other reports. Developed special reports and tracking mechanisms based on particular needs of the business when warranted.• Conducted quarterly and year-end business reviews to assess business with entire southeast store development team including deal makers, construction, and design.• Participated in regular meetings with operations, food, partner protection, and other functions to communicate real estate objectives and gain alignment for future growth amongst departments.• Regular touring of new sites with construction managers and development managers to ensure alignment on site selection criteria and construction standards.• Provide regular coaching and feedback to team members based on their personal development plans and feedback from others.

Seattle, Wa, Us

• Responsible for rebuilding and developing new store pipeline within the SE region consisting of Louisiana, Mississippi, Alabama, Georgia, North and South Carolina, Southern Virginia• Asset/Portfolio Manager for approximately 500 stores in Southeast Region. • Negotiated over 50 lease amendments to date involving rent reductions, early terminations, additional term, and other value enhancing lease actions. Rent reductions totaled over $2MM over life of the lease.• Team lead with design and construction in developing renovation strategy for over 50 stores. Assessment include developing appropriate budget, aligning with other corporate functions including operations, and structuring leases as needed to accommodate strategy.• Developed market plans for 7 major markets in SE territory (Atlanta, Birmingham, Raleigh-Durham, New Orleans, Virginia Beach, and Richmond, VA).• Lead in communicating store development strategy to other corporate functions

Seattle, Wa, Us

• Performed site selection and negotiated approximately 225 built to suit, purchase and ground lease deals consisting of new retail Starbucks stores in 7 southeastern states (GA, SC, AL, MS, TN, KY, and FL). Including opening the following mid-size markets (Mobile, AL, Pensacola, FL, Knoxville, TN, Greenville, SC, Macon, GA, Augusta, GA, Columbus, GA, Tallahassee, FL, etc.)• Performed strategic market analysis to determine store development within the southeast for the next 5 years.• Perform detailed post-opening audits to determine where we may increase sales from a development perspective.• Coordinated and aligned with many functional departments including operations, legal, marketing, food in preparing for store openings. Included tracking project timelines, performing punches and turnovers, and other items to ensure a successful store opening.• Worked with and managed up to seven brokers in the southeast in meeting corporate store development goals.

Louisville, Ky, Us

Performed site selection and negotiated 31ground lease and land purchase deals, which comprise of new and replacement Taco Bell, KFC, and Pizza Hut Restaurants.• Coordinate projects with construction and operations from time of corporate approval through final construction punch-out. • Coordinate with various functions in initiating a 5-year strategic development plan for 6 major metropolitan areas in the Southeast.

Louisville, Ky, Us

• Managed existing store real estate assets for over 1300 stores in the Eastern half of the U.S.• Renegotiated over 25 real estate asset leases for a savings of over $300,000 a five year period.• Identified and coordinated closing of stores with construction and store operation personnel.• Negotiated the purchase of additional land for stores where needed.• Negotiated and coordinated 8 deals where we either demolished and rebuilt a store on site or replaced an existing store to another location. All 8 deals exceeded sales expectations.

Louisville, Ky, Us

Conducted real estate development feasibility studies in the following markets: Montreal, Canada; Boston, Massachutes; Los Angeles, California; Washington D.C; Chicago, Illinois; Buffalo, New York; and Ft. Lauderdale/Miami, Florida. Work included spending at least 6 mo's on the ground in each city.* Researched over 370 retail trade areas for restaurant development opportunities, which resulted in increased aggregate sales of over $100 million dollars over a five year period.* Worked with real estate consultants in several markets in reducing permitting times for development by 30%.* Performed competitor analysis in which best practices were identified within each geographic market.

Doctor Of Business Administration -(D.B.A), Dissertation: Assessing The Impact Of Real Estate Accessibility And Visibility On Customer Patronage

Master Of Business Administration (M.B.A.), Finance Concentration

Master Of Accounting And Finance Management (Mafm)

Bachelor Of Business Administration (B.B.A), Accounting/Finance

Level Ii