Description
POSITION PURPOSE:
Identify potential tenants and negotiate leases for appropriate retailers for assigned asset(s).
ESSENTIAL FUNCTIONS:
• Prospect potential retailers that are appropriate for use, size and economics. Prepare and send lease proposals to prospective tenants.
• Work cooperatively with internal team to develop lease briefs for internal approval. Facilitate ownership execution and lease filing of all legal lease documents.
• Manage third party resources including brokers, legal, LOD development,
lease administration.
• Understand pro forma requirements and lender obligations as they relate to leasing activities.
• Manage internal information process on both an informal and formal basis
within retail property portfolio and with corporate divisions.
• Coordinate tenant improvement requirements of prospective tenants with Tenant Construction department.
• Maximize conventions for prospecting and closing deals.
• Work with VP Marketing & VP Leasing to develop appropriate marketing
materials for leasing.
• Develop annual revenue and occupancy projections within pro forma and approval guidelines.
• Prepare monthly, quarterly and annual projections and status reports as requested.
• Negotiate all letters of intent, amendments, buyouts, terminations. Understand, monitor and recommend regarding occupancy and performance thresholds.
EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)
• Bachelor Degree or equivalent work experience required.
• Minimum of 8 years’ experience in retail leasing of shopping centers
• Real Estate License
• Exceptional contacts within the retail and shopping center industry and brokerage community
• Demonstrated skills in regards to retail leasing results
• Ability to understand market-driven specifics in terms of demographics
Identify potential tenants and negotiate leases for appropriate retailers for assigned asset(s).
ESSENTIAL FUNCTIONS:
• Prospect potential retailers that are appropriate for use, size and economics. Prepare and send lease proposals to prospective tenants.
• Work cooperatively with internal team to develop lease briefs for internal approval. Facilitate ownership execution and lease filing of all legal lease documents.
• Manage third party resources including brokers, legal, LOD development,
lease administration.
• Understand pro forma requirements and lender obligations as they relate to leasing activities.
• Manage internal information process on both an informal and formal basis
within retail property portfolio and with corporate divisions.
• Coordinate tenant improvement requirements of prospective tenants with Tenant Construction department.
• Maximize conventions for prospecting and closing deals.
• Work with VP Marketing & VP Leasing to develop appropriate marketing
materials for leasing.
• Develop annual revenue and occupancy projections within pro forma and approval guidelines.
• Prepare monthly, quarterly and annual projections and status reports as requested.
• Negotiate all letters of intent, amendments, buyouts, terminations. Understand, monitor and recommend regarding occupancy and performance thresholds.
EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)
• Bachelor Degree or equivalent work experience required.
• Minimum of 8 years’ experience in retail leasing of shopping centers
• Real Estate License
• Exceptional contacts within the retail and shopping center industry and brokerage community
• Demonstrated skills in regards to retail leasing results
• Ability to understand market-driven specifics in terms of demographics
This job is no longer active.