Director of Leasing

Franchise World Headquarters, LLC; Shelton (CT); On-site; USD 150,000 - 190,000; Full time

Benefits offered by this job

Insurance Plans

RSP

Competitive Bonus

Mobility Allowance

Tuition Reimbursement

Company Holidays

Job summary

Subway is seeking a Director of Leasing to lead a small team responsible for the brand's leasehold portfolio globally, with a strong focus on North America. You will drive process improvements, oversee landlord negotiations, and mentor leasing reps while coordinating across departments.

The role requires extensive experience in real estate leasing, contract understanding, and strategic planning, including international leasing oversight.

Qualifications

• Bachelor's degree in Finance, Accounting or Real Estate is required.
• 10+ years of experience in real estate and leasing portfolio management.
• 10+ years of experience in QSR or Fast-Casual restaurant operations, real estate/leasing or similar industry.
• Extensive lease negotiation experience and multiple site development experience.
• Experience managing teams and cross-functional collaboration.
• Willingness to travel ~30% and operate in a global brand environment.

Responsibilities

• Oversee a leasehold portfolio with 4 reps per quad and negotiate 40–50 new leases and amendments per month per Rep.
• Review documents for accuracy and obtain approvals for processing and execution.
• Coach, mentor, hire, and onboard leasing staff.
• Implement processes, track performance, and report weekly on deals.

Skills

Leadership

Communication

Cross-functional teamwork

Analytical thinking

Financial analysis

Contracts understanding

Education

Bachelor's in Finance/Accounting/Real Estate

Tools

Excel

Database management

Job description

Location: Shelton

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 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

The Director of Leasing will lead a small, dedicated team that oversees all aspects of the Brand's leasehold portfolio globally (w/60+% of the footprint in North America) in assisting our franchisee real estate development and lease management process to create maximum value for the restaurant owner while managing risk for both the franchisee and Brand.

Will implement process improvement initiatives within the leasing department and communicate changes to other departments as needed. Oversees large landlord and institutional landlord leasing. Oversight of approval for international leasing. Supervise and mentor all Leasing Reps and administration support personnel both directly and indirectly. Responsible for the oversight and weekly reporting of deals.

Responsibilities

• Responsible for the oversight of 4 Reps per quad and the negotiation of 40 - 50 new leases and lease amendments per month by each Rep. Oversight lease negotiation and communication with Landlords, developers, franchisees, and attorneys.
• Review completed documents for accuracy and approval for processing and execution by an SRE, LLC Officer.
• Supervise, coach and mentor staff on best leasing practices. Hire and on-boarding as needed.
• Reporting, Implementation of processes, and tracking.

Qualifications

• Bachelors Required in Finance, Accounting or Real Estate.
• 10+ years of experience in real estate and leasing portfolio management.
• 10+ years of experience in QSR or Fast-Casual restaurant operations, real estate/leasing or other relevant area of the industry.
• 10 of more years of proven experience in Real Estate with 10 years' experience in lease negotiations, corporate new site development, asset management, and property management etc.
• 3-5 Some level of experience managing direct and/or oversight for indirect reports
• 3-5 years Successful track record of at least 5 years managing others.
• Travel 30%.
• Must be a creative analytical thinker and thrive in a fast-paced environment, prioritize, and oversee multiple simultaneous projects, and work well with cross functional teams.
• Track record of managing within a complex franchise environment with 1,000'sof franchisees.
• Ability to simplify complex situations and subjects into easy-to-understand concepts and action items.
• International experience a plus!
• Deep engagement competency and ability to work with multiple, disparate stakeholders to achieve the best outcome that balances both the needs of the franchise community and the franchisor.
• Ability to drive business objectives while mentoring and coaching team members.
• Understanding lease Negotiations.
• Proven experience in Lease Administration, including lease renewals, expirations, store closures, and relocations.
• Legal training with a strong understanding of contracts and lease agreements.
• Experience in strategic planning and new site selection is a plus.
• Solid financial acumen with the ability to analyze and interpret financial data.
• Excellent interpersonal and communication skills, with a collaborative approach to cross-functional teamwork.
• Familiarity with construction processes is a plus.
• Demonstrated leadership and team management capabilities.
• Proficiency in Microsoft Excel and/or database management at an intermediate to advanced level.

What do we Offer?

• Insurance Plans
• RSP
• Competitive Bonus
• Mobility Allowance
• Tuition Reimbursement
• Company Holidays