Blue Rock Search

Senior Leasing Represenatative

 

Subway Canada
Published
June 27, 2024
Location
BC/AB, Canada
Category

Description

Blue Rock search has partnered Subway, a leading global QSR Franchisor to identify their next Senior Leasing Representative. The Senior Leasing Representative will be responsible for coordinating the acquisition, negotiation, and execution of all new leases and lease renegotiation for the assigned territory. They will work closely with franchisees and HQ staff to ensure that leases are handled properly and meet procedural requirements and company policies. This is a higher-level advanced leasing representative position which requires experience and a thorough grounding and understanding of retail leasing and strong negotiation skills. An advanced level of leasing and real estate knowledge including all elements of leasing, real estate, and negotiations (lease analysis, document drafting & revisions, negotiation strategies for renegotiations and/or new leases).

Position Responsibilities include but are not limited to:

  • Responsible for negotiation of 40 – 50 new leases and lease amendments per month. Heavy lease negotiation and communication with Landlords, developers, franchisees, and attorneys.
  • Drafting and reviewing leases and amendments to submit to landlords. Careful attention to detail and proficiency working on lease drafts, amendments. Review completed documents for accuracy and approve 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.
  • Evaluating and negotiating lease buyout proposals from Landlords, early lease termination proposals to Landlords, governmental or jurisdictional condemnations and takings.
  • Coaching and assisting Leasing Reps, franchisees, development agents, and internal partners to relocate existing locations, secure rent reductions, and amending contracts for existing locations.
  • Participate in staff and team meetings and discussions and assist with development of strategies, processes, and policies.
  • 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.

Qualifications:

  • Min 5-8 years of Leasing and Real Estate
  • Bachelor’s in business administration, economics, finance, accounting or real estate
  • Strong communication skills (verbal and non-verbal)
  • Attention to detail
  • Experience in market analysis and determining fair market rents
  • Strong problem-solving skills with the ability to forecast possible outcomes
  • Must be able to multi-task in a high-pressure environment
  • Must have a strong understanding of leasing and be able to interpret lease language
  • Bilingual in French and English preferred.

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.

 

Follow us on LinkedIn: https://www.linkedin.com/company/blue-rock-search/

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