Position Description:
The Senior Leasing Associate is directly responsible for implementing and overseeing the leasing strategies necessary to achieve the investment goals for the company's existing portfolio and new business initiatives. The primary focus will be retail assets.?
The candidate will work closely with the Finance, Asset Management, and Construction teams to;
- evaluate and recommend leasing strategies for each asset,
- implement leasing strategies as determined by management and partners,
- develop and evaluate market data,
- solicit and attend new business pitches with the objective of growing the third-party leasing business,
- work with the investment team to underwrite new acquisitions and disposition of assets
- implementing the front line marketing focus for each asset under its guidance
The position will be based in the Washington DC office and will report directly to the Managing Director of Development and Leasing.
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Overall Job Responsibilities
- Leasing the assets assigned including the following activities;
- Canvassing ?and cold calling for new tenants,
- Meeting on site, touring, and working with existing tenants to finalize leases or lease extensions,
- Attending networking events and conferences specific to retail and the retail brokerage community.
- Develop a Leasing strategy and merchandising plan for each asset including all proforma assumptions;
- Research and understand the market where investments have been made or are proposed in order to develop, evaluate, and implement the appropriate financial and operational objectives;?
- Review and contribute to the annual business plan, leasing plan, project design, construction assumptions, and merchandise mix for each asset;
- Interact with the asset management team on issues of new leases, renewals, and expansions;
- Assist with investor and lender communications, as appropriate;
- Assist in property dispositions, as needed; ?
- Assist the new business team, finance director and CFO with analysis for new acquisitions and create income projections and lease up timelines, and marketing programs for new properties, as needed;
- Prepare monthly reporting for partners and other team leaders using, Yardi, MRI or other such required software database programs.?
- Monitor performance to ensure results are consistent with approved budgets and business plans or identify solutions to correct performance;
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Relevant Experience: At least 5 years experience in commercial real estate leasing. The individual should have in-depth knowledge of the metropolitan DC commercial real estate market, trends in local growth markets, and a strong understanding of retail leasing tactics and processes. The individual will be expected to source new leasing activity and have the knowledge and skills to take the prospective tenant through the entire leasing process. Excellent computer and analytical skills, as well as knowledge of Yardi and MRI is preferred.
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Compensation: Compensation will be commensurate with the experience of the individual and the requirements of the position. Compensation will include base salary, potential bonus, 401(K), and health and dental insurance.
Source: http://www.selectleaders.com/candidate/viewjobdetails.do?jid=25709
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