Job description
Position Summary
The Retail Leasing Manager is responsible for leasing retail space in our Company's shopping center portfolio.
About Us
U.S. Realty Partners is a regional commercial real estate investment and operating company specializing in acquiring, financing, asset management, leasing, operation, development, and redevelopment of high-quality retail properties in strategic West Coast market areas including Hawaii. Our current portfolio comprises 16 shopping centers totaling over 2.3 million square feet of leasable area with a market value of over $600 Million.
This position requires that the candidate be California-based, preferably in the greater Los Angeles area. Most projects will be in California. Some overnight travel may be required.
Primary Responsibilities
- Drive and execute retail leasing transactions for a group of our existing retail shopping centers
- Canvas, cold call and qualify prospective tenants on a local, regional, and national level through digital and in-person networking
- Determine missing tenant categories from existing retail properties and pursue potential candidates in those categories.
- Maximize property net income through aggressive leasing strategies and work in collaboration with our asset and property management team
- Work collaboratively with our external leasing teams to accelerate property leasing
- Coordinate with our asset management team to generate and negotiate letters of intent, lease terms, renewals, lease agreements, and other documents relating to incoming and existing tenancies
- Generate and maintain market information regarding comparable properties, rental rates, triple nets, competitive positions, and market dynamics to maximize our property occupancy and financial performance.
- Analyze leasing proposals using Excel to determine overall deal economics and effects on property net operating income and capital requirements.
Requirements
- Highly motivated self-starter Batteries Included
- Bachelor's Degree
- 5+ years of hands-on retail leasing experience
- Demonstrated track record of relevant retail leasing transactions and retail market knowledge
- In-depth knowledge of deal structures and lease terminology
- Excellent negotiation and closing skills
- Superior written and verbal communication
- Possess strong marketing/sales skills and knowledge of retail/restaurant/service businesses
- Excellent interpersonal, presentation, relationship building and influencing skills
- Knowledge and understanding of space planning and tenant improvement process
- Proactive thinking with the ability to create opportunities and add value
- Priority setting, decisiveness, organization, problem-solving, and time-management skills
- Strong quantitative and analytical skills
- Skilled at using Excel, Word, PowerPoint, Placer.ai, and CoStar
Featured Benefits
- Medical insurance
- Vision insurance
- Dental insurance