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
Financial Analyst / Associate
Asset Manager - Analyst/Associate Los Angeles, CA$75-80k + BONUS A Los Angeles based, full-service real estate operating company and institutional investment advisor focused on the acquisition, development, operation and ownership of commercial properties throughout the United States, is see...


Wollborg/Michelson CA-Torrance 2/5/10
VP - Finance and Capital Markets
Job Description: The Vice President – Finance and Capital Markets, has two primary responsibilities; 1) sourcing debt and equity for Lucescu Realty sale transactions, and 2) head of the Company’s relationships and dealings with all types of financial institutions, including, but not l...


Lucescu Realty CA-Newport Beach 2/3/10
Director - Non-Traded REIT
SUMMARY This position is responsible for managing the day-to-day business planning and operations of the non-traded REIT. In addition, the Director will play an integral role in raising capital, managing the dealer manager relationship and communicating the Phillips Edison story to the broker de...


Phillips Edison & Company OH-Cincinnati 2/3/10
ANALYST - REAL ESTATE PRIVATE EQUITY
Our client, a Real Estate Private Equity firm is looking to hire a qualified real estate candidate to join their team as an Analyst. This analyst should have no more than 3 years total work experience, as this is truly an analyst position.  Candidates with any type of post-graduate degree wi...


Career Group Search CA-Southern California 2/2/10
Asset Management Associate
Description A real estate investment firm with an office in NYC is looking for an asset management associate with experience in working out distressed residential and commercial loans.  The firm is growing quickly, and has an entrepreneurial culture that provides excellent opportunities for ...


Confidential NY 2/2/10
Real Estate Asset Management & Investor Relations Professional
REAL ESTATE ASSET MANAGEMENT & INVESTOR RELATIONS PROFESSIONAL  Position Summary:The Real Estate Asset Management & Investor Relations Professional will act as the first point of contact between the company & our investors.   Primary Duties: ·Coordinate...


Gemini Real Estate Advisors NY-New York 2/2/10
Junior Property Accountant
JUNIOR PROPERTY ACCOUNTANT Position Summary: The Junior Property Accountant will be responsible for assisting the Senior Accountants & Property Managers.  Primary Duties: •Daily review and approval of accounting transactions•Financial statement preparation; monthly for mul...


Gemini Real Estate Advisors NC-Huntersville 2/2/10
Lease Administrator
LEASE ADMINISTRATOR  Position Summary:Established Commercial Real Estate firm with emphasis on Retail Real Estate seeks experienced Lease Administrator / Paralegal.  Primary Duties: ·Process new leases and lease amendments·Abstract leases, and ensure compliance o...


Gemini Real Estate Advisors NC-Huntersville 2/2/10
Manager LLC-Shopping Center
MUST BE BASED IN LOS ANGELES:Wanted: Seasoned shopping center manager for approx. 224, 000 +sf property in distress.  Appropriate candidate requires extensive experience in overseeing an onsite management company for City of Industry area shopping center in such circumstances. ...


Confidiential CA-Los Angeles 1/27/10
Asset Management Analyst Contractor
Provides entry level to intermediate analytical and technical support to the evaluation of assets and prospective leases. Prepares detailed spreadsheet based lease case preparation analyses and detailed cash flow analyses. Assists with annual budget and business plan preparations.  Understan...


USAA Real Estate Company TX-San Antonio 1/26/10

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