Rep- Leasing Sr RM - Development

We are Subway Headquarters! A dedicated team of professionals supporting thousands of franchisees around the globe.

Region: Shelton, CT or Remote USA

Ready for a fresh, new career? Look no further because one of the world's most iconic brands can help you get there.

Why Join Us?

At Subway, "better" is baked into our DNA. We are a brand that believes in continued improvement ... in our lives, our businesses, and our planet. From the handshake that started our very first sandwich shop to earning our position as one of the world's leading restaurant brands, we've always embraced change and the path ahead. And today, we're making better living way easier.

Our purpose is about more than the food we serve in our restaurants. It's centered on fueling healthy businesses and healthier lives. It is one of the most exciting times to join the Subway team and contribute to our transformational journey.

About the Role:

We have an exciting opportunity to support our North America team as a Sr. Leasing Rep based virtually or in Shelton, CT. 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. This position is for a specific territory for New Leasing and/or Renegotiations. 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). The position is clearly reserved for the most seasoned and experienced leasing reps within SRE,LLC, regardless of team.

If you feel that this is the role for you, and you are successful with your application, be ready to be Bold, Empowered, Accountable, and ready to have Fun in a fast paced and agile working environment.

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 (some examples listed below):

• Bachelor's degree in Business Administration, Economics, Finance, or Real Estate (Required)
• 5-8 years' experience in Leasing and 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.

What do we Offer?

• Insurance Plans (Medical/Life)
• Pension/401K/RSP (country specific)
• Competitive Bonus
• Mobility Allowance
• Tuition Reimbursement
• Company Holidays
• Employee Resource Groups
• Volunteering time
• And 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.

The Company is only considering applicants who are currently authorized to work in the country the position is based. AA/EOE/M/F/D/V