Leasing Representative (Contract) (Toronto)

Leasing Representative (Contract) (Toronto)

06 Sep
|
Subway
|
Toronto

06 Sep

Subway

Toronto

Why Join Subway? At Subway, we are not standing still. We are building.

This is a business focused on what matters most: growing franchisee profitability, strengthening our brand and creating long-term value. If you bring energy, accountability and a bias for action, you will fit right in. This role is responsible for the full lifecycle management of a defined portfolio of restaurant leases across an assigned region or province.

This role acts as the primary interface between the brand, franchisees, landlords, and brokers—driving value through proactive lease management, rent optimization, risk mitigation, and strategic real estate support.

Lease Portfolio Management

Oversee a portfolio of restaurant leases, ensuring all critical dates, options, and obligations are proactively managed. Lead lease renewals, extensions, and renegotiations, optimizing terms to improve occupancy costs and flexibility. Identify and mitigate lease-related risks, including restrictive clauses, co-tenancy risks, exclusivity conflicts, and redevelopment exposure.

Maintain accurate lease records and critical date tracking within internal systems. Lead rent negotiations, including base rent, percentage rent, CAM/TMI structures, and landlord contributions. Execute lease liability negotiations, including early exits, assignments, subleases, and termination agreements.

Develop and leverage rent comparables, market data, and portfolio insights to inform negotiation strategies. Partner with Finance and Development to evaluate occupancy cost ratios and portfolio performance. Represent the brand in negotiations to secure favorable terms and long‑term partnerships.





Act as the escalation point for landlord‑related issues, including disputes, enforcement, and property concerns. Act as a trusted advisor to franchisees on lease matters, providing guidance on obligations, risks, and opportunities. Support franchisees through renewals, relocations, and restructuring discussions.

Partner with cross‑functional teams to align lease strategies with franchisee performance and market conditions. Closures, Relocations & Risk Mitigation Support closure mitigation strategies by negotiating lease exits, restructures, or temporary relief. Lead real estate aspects of relocations, including lease terminations and new site negotiations.

Collaborate with Development and Operations to proactively identify at‑risk locations and develop action plans. Real Estate & Development Support Partner with the Real Estate team on site selection, providing input on lease structures, landlord profiles, and market conditions. Support LOI negotiations, ensuring alignment with brand standards and long‑term flexibility.

Provide insights on trade areas, landlord quality, and deal viability.

Property

Management & Issue Resolution Support resolution of property‑related issues, including maintenance disputes, CAM reconciliations,



and landlord compliance.

Industry

Engagement & Market Intelligence Represent the brand at industry events such as ICSC and other real estate forums. Maintain strong awareness of market trends, landlord strategies, and leasing dynamics across regions. Continuously benchmark portfolio performance against market conditions.

Bachelor's Degree required. ~5–8 years of commercial leasing, real estate, or asset management experience, preferably within QSR, retail, or franchised environments. ~ Strong expertise in lease negotiation, including complex financial structures and legal clauses. ~ Experience in market analysis and determining fair market rents ~ Proven track record of delivering measurable value through rent reductions, lease restructures, or risk mitigation. ~ Robust understanding of Canadian commercial leasing practices, including regional nuances. ~ Proficiency in lease management systems and financial analysis tools. ~ Bi-Lingual (English/French) capability an added asset ~ Real Estate Designations an added asset ~ Ability to adapt quickly and manage shifting priorities in a fast‑paced development environment.

Insurance

Plans (Medical/Dental/Vision/Life) ~Competitive Bonus ~ Company Holidays ~ 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. These tools strictly help organize and sort applications based on job‑related qualifications.

📌 Leasing Representative (Contract) (Toronto)
🏢 Subway
📍 Toronto

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