Leasing Associate (CRE - Retail)

Description

• Review tenant assignment requests
• Oversee and execute the lease renewal process for the assigned portfolio of 50+ retail assets, interface with both national retailers as well as local tenants
• Analyze retailer sales and market conditions to guide proposed terms
• Negotiate LOI and prepare terms for internal and partner approval
• Prepare terms to submit for internal and partner approval; once approved, work with Legal Counsel to draft and negotiate lease extension amendments.
• Analyze retailer sales trends throughout our portfolio
• Gather lease applications and prospective tenant financial data for internal review
• Attend bi-weekly leasing activity meetings with brokers for the assigned portfolio
• Proactively identify and generate leasing leads and keep up with industry trends
• Update marketing materials, request LODs, and request budgets for landlord work
• Connect with property management to discuss tenant relationship & history at the property, as well as any AR balances
• Maintain renewal tracking report and share updates with internal team and outside partners as needed
• Assist asset management in managing new and renewal lease tracking
• Handle all temp leasing activity throughout the portfolio and review license agreements
• Confirm compliance with lease terms and secure necessary landlord approvals
• Collaborate with internal departments, including legal, property management, asset management, and construction, throughout the deal-making process
• Draft and approve small shop LOIs based on current market conditions and ownership guidance (budget/underwriting)
• Review leases to identify terms that may be renegotiated during the lease renewal process (i.e., CAM cap language, HVAC replacement, rent increases, exclusive clauses, etc.)
• Interact with the VP Leasing, EVP Leasing, and Investment/Asset Management teams to facilitate new retail leases in a smaller assigned portfolio with oversight

Requirements

We believe that trust, experience, humility, transparency, and responsibility should influence everything we do in business and life. As a result, we’ve built what we believe is the best team in the industry, combining decades of experience in acquisitions, leasing, property management, development, design & construction, accounting, human resources, and marketing.

• Proactive problem-solver with a desire to learn and grow
• 2-5 years of retail commercial real estate leasing experience (required)
• Strong written and verbal communication skills
• Familiarity with shopping center operations and tenant mix strategies
• Highly organized; able to manage multiple priorities in a fast-paced environment
• Experience with CRE tools (e.g., Yardi, VTS, BI)
• Proficient in Microsoft Excel
• Bachelor’s degree or equivalent experience
• Background in client or customer relationship management
• Proven ability to build relationships with both internal and external stakeholders
• Self-starter with integrity, accountability, and attention to detail
• Understanding of lease structures and terminology

Benefits

Lease Renewals

New Leasing Support

Competitive salary, performance-based incentive, and attractive benefits, including work/life balance and healthcare.

Training + Development

Interview process

Visa Sponsorship

Security clearance