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Real Estate and Leasing Director
2 months ago
The Director, Real Estate & Leasing is a key leadership position responsible for driving aggressive new restaurant growth for Subway Canada. This role will oversee the national real estate pipeline, manage landlord relationships, and lead lease negotiations and renewals.
ResponsibilitiesReal Estate- Lead the Real Estate team to identify new real estate opportunities for the Company across Canada.
- Develop and implement market plans to drive net new store growth.
- Work closely with Market Planning to ensure new sites and relocation options align with Subway Canada's Market Plan.
- Prepare and provide accurate tracking, reporting, forecasting, and risk assessment of new store pipeline and relocations within Canada.
- Lead and mentor the Real Estate team.
- Build and foster strong relationships with Single Unit and Multi Unit Operator Franchisees.
- Work closely with Field Operations to develop strategic development plans for Canada.
- Prepare and deliver Site Approval Packages to gain alignment for proposed new restaurants.
- Implement process improvement initiatives within the Real Estate department.
- Lead the lease renewal process, including landlord relations, renewal negotiations, and franchisee involvement.
- Lead and mentor the Leasing Team.
- Oversight on recommended approvals for Canadian leasing.
- Implement process improvement initiatives within the Leasing teams.
- Perform market research for accurate lease renewal discussions.
- Manage and oversee large landlord and institutional landlord relationships.
- Establish deep relationships with relevant landlords, brokers, and landowners in assigned regions.
- Provide necessary direction and support in area of zoning, variances, and other technical real estate & leasing development issues.
- Represent Subway in industry settings such as local/regional/national ICSC events.
- Bachelor's degree in real estate, Business, or related field required.
- 15+ years of experience in a similar role or industry and in a professional office environment.
- Proven experience in Real Estate, with 10 years' experience in lease negotiations, corporate new site development, asset management, and property management, etc.
- 3-5 years of supervisory experience, with a successful track record of at least 5 years managing others.
- Ability to manage relations with big landlords and grow the Company portfolio.
- Prior experience in lease administration, inclusive of lease renewals, expirations, store closures, and store relocations.
- Legal training in contracts/leases.
- Strategic planning and new site selection experience is a plus.
- Strong financial acumen.
- Strong interpersonal skills with an ability to collaborate and communicate with diverse stakeholders.
- Construction understanding is a plus.
- Strong leadership and team management skills.
- Intermediate to advanced skills in Microsoft Excel and/or database management.
- Bilingual in French and English is a plus.
- Travel Requirement: 25%.
- Insurance Plans (Medical/Dental/Vision/Life)
- RSP
- Competitive Bonus
- Mobility Allowance
- Hybrid Work Model
- Tuition Reimbursement
- Company Holidays
- Employee Resource Groups
- Volunteering time
- Many More.....
Actual pay is determined based on a number of job-related factors including skills, education, training, credentials, qualifications, scope and complexity of role responsibilities, geographic location, performance, and working conditions.
