Leasing and Real Estate Pipeline Manager

5 days ago

Toronto, Ontario, Canada Subway Full time

About the Role

The Leasing and Real Estate Pipeline Manager is a strategic leader responsible for driving aggressive new restaurant growth across Canada. This role will oversee all ongoing landlord relationships, lease negotiations, and renewals.

Responsibilities Include But Are Not Limited To:

  • Lead the Real Estate team to drive the new restaurant pipeline by identifying new real estate opportunities for Subway Canada.
  • Lead net new store growth with responsibility for market planning, new site identification, real estate business term negotiation, new store opening, and closing store processes in Canada.
  • Collaborate with Market Planning to ensure new sites and relocation options are aligned with Subway Canada's Market Plan.
  • Prepare and provide accurate tracking, reporting, forecasting, and risk assessment of new store pipelines and relocations within Canada.
  • Lead and mentor the Real Estate team.
  • BUILD AND FOSTER STRONG RELATIONSHIPS WITH SINGLE UNIT AND MULTI UNIT OPERATOR FRANCHISEES WHO ARE QUALIFIED TO GROW TO INFLUENCE AND SUPPORT THEIR & SUBWAY'S DEVELOPMENT GOALS.
  • Work closely with Field Operations team to develop strategic development plans for Canada to drive aggressive restaurant development.
  • Prepare and deliver Site Approval Packages to gain alignment for proposed new restaurants during Monthly Development Review meetings.
  • Implement process improvement initiatives within the Real Estate department to drive efficiencies.
  • Provide fact-based Annual Operating Plan input for new stores/relocations working with Canadian Leadership Team, Franchising, and Field Operations team.

Leasing Responsibilities

  • 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 utilizing existing tools, site visits, and other in-market analysis.

General Responsibilities

  • 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 areas of zoning, variances, and other technical real estate & leasing development issues.
  • Represent Subway in industry settings such as local/regional/national ICSC events.
  • LIVE THE SUBWAY CORE VALUES EVERY DAY IN ALL THAT YOU DO: BOLD, EMPLOYED, ACCOUNTABLE, AND FUN.

Qualifications:

  • 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 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 a plus.
  • Travel Requirement: 25%.

What We Offer?

  • 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.....

Salary Information:

The salary range for this position is estimated to be between $110,000 and $140,000 per annum, based on factors such as location, experience, and qualifications. Actual pay may vary based on performance and working conditions.

Job Family SMO- Shared Services

Pay Type Salary

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