Retail Real Estate Jobs

Retail real estate serves as a medium for bringing wholesale products to consumers. This product type can range in size from a 3,000 square foot single tenant building to an 800,000 square foot Super Regional Center, and requires extensive leasing, property management, financial analysis, and advisory services talent. Tenant types vary greatly from a grocery store or home improvement center to small electronics stores and dry cleaners. Typically, retailers will lease space in a retail center in order to sell their products to the public; however some major national retailers will either buy their own building or develop a site themselves. The development and location of retail real estate is heavily driven by household income. It can be said that "retail follows rooftops," because retailers need to be in convenient locations for their consumers, and they want to be near the consumers that have disposable income to spend in their store.

Information on this page provided courtesy of Cornell University Program in Real Estate
Information Provided by Cornell University

Professional Reading and Resources

  • "Retail Traffic (www.retailtrafficmag.com)"
  • "Retailing Today (www.retailingtoday.com)"
  • "Shopping Centers Today (www.icsc.org)"
  • "Dollars and Cents of Shopping Centers"
  • "Chain Store Age (www.chainstoreage.com)"
  • "Retail Development 4th ed (ULI)"

Industry Segments

  • Bachelor of Architecture Degree (minimum)

Looking to the Future

Retail real estate is only as successful as the tenants who occupy the space. Currently, retailers are being hurt tremendously by the downturn in the economy. As incomes are being cut or lost, excess spending stops and retailers lose business. This in turn is causing rents to decline and vacancies to increase. Much of retail development is currently on hold, yet as the economy begins to recover and consumer confidence increases, there will be tremendous opportunities for retail investors, developers, and owners to capitalize on the upturn. Current opportunities include leasing and workouts with current tenants or buying underperforming assets now and revitalizing them through strong leasing efforts. Retail real estate will always have a large presence in the market, as the US has one of the most robust consumer economies in the world. The recovery will no doubt take time, but it will turn around and the retail property owners and tenants who can outlast the downturn will once again find success.

Top Retail Real Estate Companies

  • Simon Property Group
  • Macerich
  • Developers Diversified Realty
  • Kimco Realty Corp.
  • Centro Properties Group

Top Markets

Markets are ranked based on their cumulative weighted-average scores for various indicators, including forecast employment change, vacancy, construction, housing affordability and rents.

MSARank 2009Rank 200808-09 Change
San Diego165
San Francisco211
Washington, D.C.352
San Jose431
Portland583
New York City642
Seattle725
Orange County8135
Los Angeles990
San Austin10111

Source: Marcus & Millichap 2009 National Retail Report, "National Retail Index"

Source: The Real Estate Roundtable "Statistics about the Real Estate Industry"

Sector Quick Facts

Source: NAREIT www.reit.com "Annual Index Values & Returns, 1972-2008"

From the SelectLeaders/Cornell Job Barometer, Fall 2008



Job Title / Description     Hide Description Company Location Posted
Executive Assistant to President/CEO
About Lucescu Realty:   LUCESCU REALTY, headquartered in Newport Beach, California, is a market leading investment real estate services firm that uniquely combines major capital markets expertise with a complete and thorough understanding of real estate fundamentals to execute a ...


Lucescu Realty CA-Newport Beach 9/1/10
PORTFOLIO MANAGEMENT COORDINATOR
  Portfolio Management Coordinator Full-time, Non-Exempt   This position provides executive administrative support to our two Senior Asset Managers in the Washington, D.C. office as well as additional support to the Portfolio Management Team.   ES...


Grosvenor DC-Washington 8/31/10
property administrator
PROPERTY ADMINISTRATOR (Englewood Cliffs, NJ)Position requires excellent oral and written communication skills, must be extremely organized, detail oriented, computer literate with general office experience to assist in managing commercial properties.  Candidate will be responsible for dea...


SEGBRO NJ-ENGLEWOOD CLIFFS 8/31/10
Associate
Allied Advisors is seeking an Associate who desires to pursue a career in real estate investment banking. Candidates should have strong quantitative and qualitative abilities and computer proficiency. Excellent writing skills and strong time management abilities. Primary responsibilities ...


Allied Advisors, LLC TX-Houston 8/28/10
Marketing Internship
The International Council of Shopping Centers (ICSC) is looking to fill a summer internship position in its marketing department. @ICSC is the global trade and professional association of the retail real estate industry. With over 60,000 members worldwide, the association represents all face...


International Council of Shopping Centers NY-New York 8/26/10
Investment Consultant - Director of U.S. Investments
  SUMMARY:   We are conducting a search on behalf of an integrated European headquartered investment and operating platform that invests in real estate both directly and through joint ventures. The firm seeks a seasoned professional to create and steward the firm'...


SelectLeaders NY-New York City 8/25/10
Transaction Analyst
DRA Advisors LLC is a registered investment advisor specializing in real estate investment and management services for institutional and private investors.  DRA currently has over $9 billion in assets under management. Since 1986, DRA's focus has been consistent:  conservative,...


DRA Advisors LLC NY-New York 8/24/10
Property Manager
Trigild is rapidly growing and has a need for an experienced office, retail and multi-family Property Manager for the greater Sacramento, Stockton, Walnut Creek area.  The ideal candidate will be a self starter with excellent time management skills and the ability to travel at 40%. Mu...


Trigild Associates CA-Sacramento 8/23/10
Associate Vice President, Commercial Operations
McKinley Inc., a national leader in the real estate industry has an exciting opportunity for a Commercial AVP/Regional Property Manager who will be based in our Ann Arbor, MI office.      The Responsibilities for this key role include: Leadership...


McKinley MI-Ann Arbor 8/20/10
Senior Accountant/Financial Analyst
Centennial Real Estate Company is a national investment/development company specializing in retail properties.  The Senior Accountant/Financial Analyst position is for a dynamic self- managing individual with an accounting/finance background.The candidate should be highly professional a...


Centennial Real Estate Company TX-Dallas 8/20/10

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