Our secret to leading the way in hospitality? We put our people first!

At Shake Shack, our mission is to Stand For Something Good in all that we do. From our teams to our neighborhoods, we're committed to always doing the right thing. As one of the fastest-growing hospitality brands, we're all about crafting unforgettable experiences for our guests. We offer endless learning opportunities and the chance to make a lasting impact on our business, restaurants, and communities. As a member of the #ShackFam, you’ll have access to hands-on mentorship, training, and growth potential, all in a fun and inclusive environment.

Join us and Be a Part of Something Good.

Job Summary

Responsible for maximizing the value and performance of our real estate portfolio, through effective management, analysis and strategic decision making. Primary responsibility is monitoring and transacting on the company's extensive portfolio of real estate leases to ensure critical date deadlines are met and addressing other lease related issues that arise. Senior Manager, Lease Portfolio also will ensure all final documents are approved and properly executed by multiple levels of management.

Job Responsibilities and Duties

Build program to ensure extensions align with capital forecast, restaurant performance and strategic growth priorities.

Maintain a master lease tracking status report to ensure the appropriate action is taken by deadline date or ensure an extension is secured.

Ensure that lease actions remain in-line with the prevailing market by negotiating directly with landlords and their representatives (such as real estate agents, lawyers, and property managers) to achieve reductions in rent liability and/or other desired lease modifications benefiting the company.

Collaborate with Finance to generate proformas for lease actions with an ability to understand the impact of rent structures and capital spend on restaurant-level P&Ls and impact on portfolio-wide performance

Provide regular updates on the status of all negotiations to various in-house parties.

Work in partnership with the Real Estate Managers to achieve desired modifications to real estate leases, including independently negotiating lease amendments.

Prepare and review in collaboration all supporting documents (e.g., subleases, exhibits, addendums, tenant improvement work letters, amendments/extensions, etc.) to accurately reflect the mutual agreement of both landlord and tenant. Perform quality control checks of all completed transactions.

Interpret and advise management on all terms of real estate leases and related documents (modifying such documents as needed) supporting lease compliance and lease administration and ensuring lease database system (Lucernex) is accurate and complete through auditing and updates.

Collaborate with key internal stakeholders including Finance, Legal, Design, Construction and Operations, to ensure seamless execution of real estate projects.

 Knowledge, Skills, Abilities

Ability to present to Executive Team, all deal terms for review, approval or additional analysis, as required.

Key contributor for  decision-making on terms and conditions for lease actions, including renewal, expiration, disposition, etc.

As needed, ability to direct and support the Lease Administration Team.

Extensive experience reviewing and/or drafting and negotiating commercial real estate leases and related legal documents.

Exemplary verbal and written language and grammatical skills, including the ability to interpret and abstract complex lease documents, independently draft real estate related legal documents, and negotiate final lease terms with landlords and their attorneys.

Must be highly organized and able to manage multiple projects and be extremely detail oriented.

Advanced analytical skills coupled with an ability to interpret data, communicate findings and propose recommendations.

Strong business acumen with a focus on retail real estate.

Ability to self-manage and prioritize multiple projects.

 Requirements - Education, Experience, Physical, and Competencies

Education Requirements

Bachelor's Degree

Education or Certificate Details

Bachelor's degree in Business, Real Estate, or a related field.

Work Experience

 5-10 years

Supervisory Experience

Not Applicable

Related Experience

Effective communication - effective oral and written communication.

Financial knowledge - In-depth knowledge of financial terms and principles.

Scope of responsibility - Ability to follow through with decisions made, and interpretation of procedures, company policies and business practices to achieve general results.

Ability to conduct complex important work under minimal supervision. A proactive, solutions-driven approach.

Physical Requirements

Basic keyboarding or other repetitive motions

Competencies

Self-Development & Growth

Interpersonal Skills & Empathy

Effective Communication

Knowing the Business

Organization & Delegation

Driving & Delivering Results

Benefits at Shake Shack:

A work environment where you can come as you are, share your ideas, have fun, and work collaboratively:

Weekly Pay and Performance bonuses

Shake Shack Meal Discounts

Exclusive corporate discounts for travel, electronics, wellness, leisure activities and more

Medical, Dental, and Vision Insurance*

Employer Paid Life and Disability Insurance*

401k Plan with Company Match*

Paid Time Off*

Paid Parental Leave*

Access to Employee Assistance Program on Day 1

Pre-Tax Commuter and Parking Benefits

Flexible Spending and Dependent Care Accounts*

Development and Growth Opportunities

*Eligibility criteria applies

Click the "Apply" button above to apply for this opening.

About Us

Beginning as a hot dog cart in New York City’s Madison Square Park, Shake Shack was created by Danny Meyer, Founder and CEO of Union Square Hospitality Group and best-selling author of Setting the Table. Shack Fans lined up daily, making the cart a resounding success, and donating all proceeds back to the park beautification efforts.  A permanent stand was eventually built…and the rest is Shack history! With our roots in fine dining and giving back to the community, we are committed to high quality food served with a high level of hospitality. Our team members enjoy a positive work environment that is deeply committed to the philosophy that we "Stand for Something Good."

Shake Shack is an Equal Opportunity Employer 

All qualified applicants will receive consideration for employment without regard to any protected characteristic, including race, color, ancestry, national origin, religion, creed, age, disability (mental and physical), sex, gender identity, sexual orientation, gender expression, medical condition, genetic information, marital, military and veteran status.