Leasing Representative
Description
Blue Rock search is partnered with Subway to identify their next Leasing Representative. This position requires some experience and a basic understanding of commercial leasing with good negotiation skills. This position is for a specific territory for renegotiations of existing leases. The Rep will need a basic level of leasing and real estate knowledge including elements of leasing, real estate, and negotiations (lease analysis, document drafting & revisions, negotiation strategies for renegotiations and/or new leases). The position offers the opportunity to advance those basic skills and develop new and broader skills in retail real estate leasing, enhancing business and analytic skills along the journey.
Essential Functions:
- Responsible for negotiation of 40 to 50 lease amendments per month. Heavy lease negotiation and communication with Landlords, developers, franchisees, and attorneys.
- Drafting and reviewing and amendments to submit to landlords. Careful attention to detail and proficiency working on lease drafts, amendments. Review completed documents for accuracy for processing and execution by an SRE, LLC Officer.
- Provides potential asset improvements in terms of limit of liability, termination rights, options, occupancy controls, etc. as outlined by SRE, LLC policies and provisions.
- Answering franchisee, development agent, and internal partner questions. Assists in addressing and solving lease issues and disputes with landlords for existing locations.
- Assisting franchisees, development agents, and internal partners to relocate existing locations, secure rent reductions, and amending contracts for existing locations.
- Participate in team meetings and discussions.
- Ensuring all necessary approvals, paperwork and company procedures are incorporated into the lease and files (franchisee acceptance, excessive rent, break-even analysis, relocation approval, and site review analysis).
Required Skills:
- Bachelor’s degree is preferred; Paralegal certification would be a plus
- 3+ years of commercial real estate leasing experience (retail, restaurant, fitness, spa, office, medical, hotel, etc.)
- Must have a basic understanding of leasing and be able to interpret lease language
- Legal drafting/paralegal experience is a plus
- Strong communication skills (verbal and non-verbal)
- Bilingual English/French would be a plus
- Attention to detail
- Strong problem-solving skills with the ability to forecast possible outcomes
- Must be able to multi-task in a high-pressure environment
Follow us on LinkedIn: https://www.linkedin.com/company/blue-rock-search/