Larry Strain, CCIM
Senior Executive & Industry Expert
High Growth Retail & Restaurant Brands
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Phone:
770-265-1237
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Email:
Address:
19 Jane Road
Marblehead, MA 01945
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Years in Retail & Restaurant Real Estate:
20 (+)
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Real Estate Executive
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Larry is an industry-respected growth driver bringing 20(+) years of success steering national retail expansion for many high-profile brands:
• Starbucks Coffee Company
• McDonald’s Corporation
• Dunkin’ Brands
• Global Partners
He has been directly involved with managing, developing, and training multiple disciplines within store development business units for large complex organizations while carrying ultimate financial responsibility for multi-million-dollar CAPEX & OPEX budgets.
Reputed as a retail development thought leader and business strategist, Larry is also a Certified Commercial Investment Member (CCIM), Founding Partner of Restaurant Development Experts, and creator of a revolutionary market intelligence platform that provides retailers with customized growth and optimization plans for any geographic region within the United States.
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Throughout his career, Larry has been credited with developing synergistic relationships with business owners, franchisees and CXOs while leveraging his track record in the development and execution of strategic growth plans for the top 1% retail chains. He has one of the most impressive portfolios of any senior executive in the industry today, and he continues to operate with one goal in mind, "smart development through strategic planning and precise execution."
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EDUCATION
2013-Present
Founding Partner
2015-2018
Senior Vice President of Real Estate & Development
2011-2013
Real Estate & Store Development
2008-2011
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Real Estate & Store Development
2000-2008
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Business Development -
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Licensing -
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Store Development
Restaurant Development Experts, LLC
Founding Partner responsible for the creation and implementation of disruptive platforms designed to accelerate growth for emerging brands seeking local, regional & national expansion while helping established brands optimize their retail presence in existing markets.
Global Partners, L.P.
Brought on board to oversee all store design services, real estate, construction, and asset management of >900 stations. Manage multi-million dollar annual CAPEX and OPEX budgets, including analyzing, reviewing, and approving capital expense plans with average $4.5M+ (per project). Overhaul processes to maximize pipeline development of all new to industry, raze and rebuild, major remodel and merger and acquisition initiatives.
McDonald's Corporation
Recruited to accelerate growth and profitability for new store development in seven territories in South East region,
including establishing innovative market planning system and directing multiple broker/developer/landowner
relationships, and strengthening alliances (franchisees, construction, operations, marketing, finance, and senior
leadership).
Dunkin' Brands
Recruited to plan, develop, and manage all new Dunkin’ Donuts and Baskin Robbins combo stores in 32 DMA’s in Southeast region while directing 38 active store development agreements. Oversaw 5-member real estate team to ensure administration of site selection, market planning, due diligence and SDA management activities. Forged and maintained synergetic alliances with franchisee/franchisor and different internal business operations groups.
Starbucks Coffee Company
Directed all aspects of new store development initiatives encompassing market planning, site selection, LOI and lease negotiations, financial analysis, project management, impact assessments, and broker and developer management, while deploying corporate growth development strategies and maintaining all PC, ROI, IRR, NPV and sales to investment financial benchmarks.
Just a few of the many companies served over the years..
SKILLS
Subject Matter Expert in Market Planning - Store Development and Franchising
Experienced Developer in Multiple US Markets
Expert in Business & Financial Modeling
Reputed as Retail Development Thought Leader
Brand Strategist Experienced in Unprecedented Growth
Franchise & Corporate Development Expertise - Restaurant Real Estate
Fortune 500 Senior Executive in Real Estate - Design & Construction
Deal Maker - Market Strategist - Change Agent
Shaping Strategic Plans into Executable Solutions
Experienced in Mergers & Acquisitions
P&L - Budget - Cost Control
20 Years of Proven Success Driving Retail Expansions