Leasing Manager

Choice Properties; Toronto; On-site; CAD 70,000 - 100,000; Full time

Job summary

A leading real estate investment trust seeks a Leasing Manager for its industrial portfolio in Toronto. The successful candidate will negotiate leases, provide overall leasing support, and collaborate with various departments to enhance property value. Candidates should have a strong background in leasing, excellent communication skills, and the ability to work independently under pressure.

Qualifications

• Minimum of 3-5 years of progressive leasing experience, preferably in industrial leasing.
• Ability to work independently under pressure and manage multiple projects effectively.
• Excellent interpersonal and communication skills, both written and verbal.

Responsibilities

• Negotiate new leases, lease renewals and amendments.
• Act as the primary leasing support for assigned projects.
• Maintain relationships with clients and brokers.

Skills

Negotiation

Communication

Financial Acumen

Results Focused

Microsoft Office Suite

VTS

Power BI

Education

Post-secondary education in real estate, business, or finance

Job description

Location:

22 St. Clair Avenue East, Toronto, Ontario, M4T 2S5

Leasing Manager, Industrial

The Leasing Manager’s primary goals are to enhance and create further property value through all aspects of leasing within the industrial portfolio. This includes providing overall leasing support to the regional portfolio group to ensure best in class standards. Responsibilities primarily include negotiating new leases, lease renewals and amendments, and coordinating with asset management, property management, construction and legal departments to ensure successful results.

Key Responsibilities include:

• Act as the primary leasing support for assigned projects.
• Champion all leasing initiatives within the industrial portfolio.
• Negotiate within the established leasing parameters all tenant deals, offers, and leases for assigned projects.
• Review and obtain all internal approvals for each deal including leasing assignments, subleases and transfers for the portfolio.
• Provide strategic direction market intelligence for tenant mix.
• Work closely with asset management, property management, construction, legal to ensure properties are maintained in a “first class manner” and ensures the standardization of lease policies, procedures and documents.
• Responsible for creating leasing programs in line with company strategy.
• Maintain relationships with clients and brokers on an ongoing basis.
• Assist in the promoting of all assigned projects and proactively looking for new tenants to fill vacant spaces.
• Provide market rental and incentive intelligence for existing/development projects to maximize returns.
• Oversee assigned portfolio leasing budgets, quarterly reforecasting and work with other members of the leasing and asset management teams in fulfilling various reports and requirements as assigned.
• Provide regular reporting on all projects and transactions as required and continuously monitor performance against budget.
• Provide administrative and marketing support to leasing and asset management teams.
• Other duties as assigned.

Job Qualifications:

• Post-secondary education related to real estate, business, and/or finance.
• Minimum of 3-5 years of progressive leasing experience. Industrial leasing experience is considered a strong asset.
• The ideal candidate will be able to speak to a list of transactions that they have completed and showcase where they have relationships with key stakeholders.
• Financial acumen – understands the metrics related to industrial leasing.
• Solid understanding of lease documents and real estate terminology.
• Results-focused – the ideal candidate will provide a track record of delivering results.
• Ability to work independently under pressure, in a fast-paced environment, managing multiple projects under strict deadlines.
• Excellent interpersonal and communication skills, both written and verbal, with the ability to collaborate effectively across all levels of the organization.
• Possess a valid driver’s license and be able to travel locally to tours and meetings, and nationally for portfolio leasing in other provinces.
• Proficient knowledge of Microsoft Office Suite, VTS and Power BI, and the ability to adapt to new systems.
• Exhibits Choice Properties’ CORE values and Blue Culture.

About Choice Properties

Choice Properties Real Estate Investment Trust is an owner, manager and developer of well-located retail and commercial real estate across Canada. Choice Properties' portfolio spans approximately 65 million square feet of gross leasable area and consists of over 700 properties primarily focused on supermarket-anchored shopping centers.

Choice Properties’ strategy is to create value by enhancing and optimizing its portfolio through high quality transactions, strategic development and active property management. We mainly focus on necessity-based retail, and high-quality industrial and mixed-use assets. In particular, we have a strategic relationship with Loblaw, our largest tenant, that provides us with access to high quality investment opportunities.

Our established operating platform with a proven track record of success also provides us with access to a transformational development pipeline that we believe supports superior long-term value creation and growth. A commitment to continuous learning and development is a strong part of our culture.

Choice Properties REIT recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants and employees with disabilities.

In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.

Number of Openings:

1

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