Develops, owns and operates a 20M+ sq ft diversified real estate portfolio across the US.
Participates in the acquisition due diligence process including but not limited to market data analysis, leasing rates, marketing strategy and leasing speed
Analyze lease proposals and projects using “Pro-Calc” or Excel to determine effects on overall deal economics
Prepare annual budgets which include leasing assumptions for the coming year, commissions, tenant and capital improvements, energy costs, etc.
Coordinates weekly/biweekly leasing calls and with third-party brokers and Investment teams and the distribution of leasing reports
Work with Legal department to review draft leases, amendments, and, depending on size, become directly involved in lease negotiations
Report to and keep Senior Management informed on property performance through monthly reports and weekly meetings
Assess and monitor monthly activity reports, broker mailings, annual leasing and income projections as well as quarterly standard market data packages including market surveys to ensure alignment with business plans
Maximize property net income through tenant retention strategies and work in collaboration with marketing, and property management
Establish and maintain a broad network of relationships within the Real Estate community through involvement in leasing related organizations and gatherings
Negotiate lease terms and approve proposals, offers to lease, lease agreements and other documents relating to incoming and existing tenancies
Reviews legal documents with in-house counsel
Generate new prospects for available space by maintaining constant contact with tenants and real estate brokers through meetings, luncheons, presentations, mailings and organized events.
Ensure all construction projects are completed to a high quality and on schedule
Provide leadership, mentoring and support to the Leasing Manager and brokers on the team
Implement owners’ strategy to achieve maximum income and manage expenses
Reporting to the owner of the company, this role is responsible for providing comprehensive business solutions including strategic advice on the Real Estate market and industry, leasing activity and project management for the portfolio. The successful candidate will oversee the implementation of plans with external leasing agents, property managers, and internal accounting and finance to ensure continuous full occupancy of the assigned assets at competitive rates.
Provides civic leadership with other property owners in the community and represents the company in the market
Stay abreast of comparable properties, their pricing and competitive positions, to maximize occupancy and financial performance of company’s properties relative to the competition
Extensive knowledge in mentoring, coaching and training brokers
Knowledge and understanding of space planning and tenant improvement process
Minimum 8-10 years of progressive New York City experience in commercial real estate and previous responsibility for leasing oversight and brokerage
Excellent negotiation skills to close major leasing arrangements
Proactive thinking with ability to create opportunities and add-value
BS/BA required
Possess strong marketing/sales skills and knowledge of businesses and population demographics
Superior written and verbal communication
Property software experience a plus: Argus, Yardi, MRI.
Excellent interpersonal, presentation, relationship building and influencing skills