Director, Leasing - Retail

Jobs2Web; Irvine (CA); On-site; USD 80,000 - 120,000; Full time

Job summary

Irvine Company Retail Properties in Irvine, CA seeks a Leasing Manager responsible for all leasing activities from prospecting for new tenants through store openings on assigned retail properties. The role analyzes prospective tenants' financial strength and use to determine lease viability and maximizes occupancy and income.

You will network with leasing teams and external representatives, prepare Letters of Intent, negotiate terms within guidelines, and coordinate across departments to meet

Responsibilities

• Assures assigned properties are well leased and occupied with permanent leases in place.
• Stays abreast of new concepts for retail centers and prospects to bring them into company portfolio.
• Assists Operations Department in setting property's annual Leasing budget.
• Identifies appropriate Tenants for shopping center, analyzes sales and occupancy by use to prepare Letters of Intent at or above market rents.
• Networks internally with leasing team as well as external leasing representatives for comp surveys.
• Negotiates all business terms of Letter of Intent staying within Company's and property's routine guidelines and concessions.
• Produces professional and relevant leasing reports as required.
• Travel as necessary to attend conventions, meetings and conduct site tours.
• Professionally prepares and presents deals on designated form (Pink) to Lease Committee, including timely follow-up.
• Manages each deal through lease execution to store opening. Responsible for driving communication amongst various departments to meet timelines approved in Lease Committee.
• Maintains knowledge of trade area and sales trends for assigned centers.
• Anticipates upcoming leasing opportunities so as to avoid vacancies.
• Provides relevant information to supervisors and co-workers to maximize company's leasing objectives.
• Maximizes occupancy and income for assigned property.
• Complete and full understanding of company's leasing objectives so that little to no direction is required.
• Stays abreast of industry trends and matches property's long term vision, making adjustments where needed.
• Has an intuitive strength for anticipating tenants' viability and likelihood of deal consummation.

Job description

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Division: Retail Leasing (Retail Leasing)

Position Summary:

Responsible for all leasing activities from prospecting for new clients through store opening on assigned retail properties. Analyzes and qualifies Tenant's financial strength, operational use and experience to determine Tenant's ability to fulfill all lease obligations. Evaluates and identifies property's leasing opportunities to maximize revenue.

Job Duties:

• Assures assigned properties are well leased and occupied with permanent leases in place.
• Stays abreast of new concepts for retail centers and prospects to bring them into company portfolio.
• Assists Operations Department in setting property's annual Leasing budget.
• Identifies appropriate Tenants for shopping center, analyzes sales and occupancy by use to prepare Letters of Intent at or above market rents.
• Networks internally with leasing team as well as external leasing representatives for comp surveys.
• Negotiates all business terms of Letter of Intent staying within Company's and property's routine guidelines and concessions.
• Produces professional and relevant leasing reports as required.
• Travel as necessary to attend conventions, meetings and conduct site tours.
• Professionally prepares and presents deals on designated form (Pink) to Lease Committee, including timely follow-up.
• Manages each deal through lease execution to store opening. Responsible for driving communication amongst various departments to meet timelines approved in Lease Committee.
• Maintains knowledge of trade area and sales trends for assigned centers.
• Anticipates upcoming leasing opportunities so as to avoid vacancies.
• Provides relevant information to supervisors and co-workers to maximize company's leasing objectives.
• Maximizes occupancy and income for assigned property.
• Complete and full understanding of company's leasing objectives so that little to no direction is required.
• Stays abreast of industry trends and matches property's long term vision, making adjustments where needed.
• Has an intuitive strength for anticipating tenants' viability and likelihood of deal consummation.

Minimum Qualifications / Other Expectations:

About Us: Irvine Company Retail Properties (a division of Irvine Company) has created some of America's most popular retail centers. Each of our 40 retail centers - including Fashion Island in Newport Beach, Irvine Spectrum Center and The Market Place, as well as neighborhood shopping centers like Woodbury Town Center in Irvine - is meticulously planned and ideally located to support the community it serves.

We take as much pride in our employee community as we do the communities we create. Its an environment populated with talented and experienced people, a collaborative spirit and abundant opportunities.

The Irvine Company is committed to providing equal opportunity in all of our employment practices, including selection, hiring, promotion, transfer, compensation, termination, and training, without regard to race, religion, color, sex, sexual orientation, gender, gender identity, national origin, ancestry, citizenship status, marital status, pregnancy, age, medical condition, genetic information, military and veteran status, disability, or any other basis protected by federal, state, and local law. Reasonable accommodation is available for qualified individuals with disabilities, upon request.

Nearest Major Market: Irvine California
Nearest Secondary Market: Los Angeles