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Senior Director of Leasing
11 Main Street Cladwell, NJ 07006 US
Posted: 08/16/2024
2024-08-16
2024-10-06
Employment Type:
Direct Hire
Job Category: Construction
Job Number: 9556
Job Description
We are partnering with a Real Estate Investment company in their search for a Senior Director of Leasing. Located in the Essex County area, the ideal candidate will come with retail leasing experience, leadership skills, and established relationships with national retailers.
They Offer:
Job Responsibilities:
They Offer:
- Over $200,000 in total compensation (based on commission)
- A portfolio of well over $400,000,000
- Great benefits package with Health, Dental, Vision, 401k and more
- Established company experience fast growth
- Supportive team to help integrate into the firm
- Room to grow with uncapped income potential
Job Responsibilities:
- Oversee leasing efforts for the company's portfolio and guide junior associates in the process.
- Support the acquisitions team with lease viability assessments, market rent analysis, and due diligence before bids and throughout the evaluation period.
- Develop strategic merchandise plans for each property to meet business objectives and boost Net Operating Income.
- Identify and implement opportunities to enhance property performance.
- Establish and nurture relationships with new and emerging tenants, sourcing retailers that align with merchandising goals.
- Conduct property tours and engage directly with potential tenants by spending substantial time on-site.
- Negotiate lease agreements and ensure smooth execution and successful store openings.
- Manage lease amendments and renewals for the retail portfolio effectively.
- Communicate adeptly with brokers, property owners, prospective and current tenants, and employees across various levels.
- Collaborate with Asset Managers, legal counsel, property management, lease administrators, and acquisition teams to drive value.
- Stay updated on retail trends and local competition to create value for the properties.
- Represent the company at local, regional, and national ICSC deal-making events as required.
- Organize tenant interviews and perform competitive analysis for new acquisitions.
- Bachelor’s Degree in Business Administration or related fields
- At least 5 years’ experience in Retail Leasing in management roles
- Established relationships with national retailers and a proven deal history.
- Proficient in merchandising, deal structures, and lease terminology.
- Extensive experience with negotiating Letters of Intent (LOIs) and lease agreements.
- Excellent skills in communication, quantitative analysis, sales, time management, and negotiation.
- Self-driven professional who takes initiative and ownership of properties, while also thriving in a team environment.
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