Director, Leasing and Real Estate

2 weeks ago

Old Toronto, Ontario, Canada Subway Full time
About the Role

The Director, Leasing and Real Estate is a key leadership position responsible for driving aggressive new restaurant growth for Subway Canada. This role will lead the national real estate pipeline, manage ongoing landlord relationships, and negotiate lease renewals.

Key Responsibilities
  1. Real 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 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 team 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.
Leasing:
  • Lead the lease renewal process, including landlord relations, renewal negotiations, franchisee involvement, and documentation.
  • 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.
General:
  • Manage and oversee large landlord and institutional landlord relationships.
  • Establish deep relationships with relevant landlords, brokers, and landowners in assigned region.
  • Provide necessary direction and support in the area of zoning, variances, and other technical real estate & leasing development issues.
  • Represent Subway in industry settings such as local/regional/national ICSC events.
Qualifications

The ideal candidate will possess a Bachelor's degree in real estate, Business, or related field, with 15+ years of experience in a similar role or industry. Proven experience in Real Estate, lease negotiations, corporate new site development, asset management, and property management is required. Strong leadership and team management skills, as well as intermediate to advanced skills in Microsoft Excel and/or database management, are essential.

What We Offer

Subway offers a competitive compensation package, including insurance plans, RSP, competitive bonus, mobility allowance, hybrid work model, tuition reimbursement, company holidays, employee resource groups, and volunteering time.

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