About the Role
Our client, a leading property owner and developer with a portfolio of high-performing shopping centers, is seeking a dynamic and experienced Retail Leasing Manager to join their team in Polokwane. This role is responsible for maximizing the occupancy and rental income of the company's retail properties in Limpopo. The ideal candidate will have a proven track record in retail leasing, strong negotiation skills, and a deep understanding of tenant relations and market trends within the retail sector. You will be responsible for attracting and securing high-quality tenants, negotiating lease agreements, and maintaining positive relationships with existing retailers. This position offers a significant opportunity to contribute to the success of prime retail assets in the Polokwane region and to further develop your career in commercial real estate.
Key Responsibilities
- Develop and implement effective leasing strategies to achieve optimal occupancy and rental rates for retail properties in Polokwane.
- Identify and prospect potential tenants, including national chains, local businesses, and specialty retailers.
- Negotiate lease terms, conditions, and rental rates with prospective and existing tenants.
- Prepare and present lease proposals and agreements for review and approval.
- Manage tenant relations, addressing concerns and ensuring satisfaction throughout the lease term.
- Conduct market research to understand retail trends, competitor activities, and tenant needs in the Limpopo region.
- Collaborate with marketing teams to develop promotional strategies for the shopping centers.
- Analyze tenant sales data and market performance to inform leasing decisions.
- Maintain accurate leasing records and manage the lease administration process.
- Work closely with property management to ensure a seamless tenant experience.
Requirements
- Bachelor's degree in Business Administration, Marketing, Real Estate, or a related field.
- Minimum of 5 years of experience in retail leasing or commercial real estate sales, preferably within shopping center environments.
- Proven success in negotiating and closing complex retail lease agreements.
- Strong understanding of the retail market dynamics and tenant mix strategies in Polokwane.
- Excellent negotiation, communication, and interpersonal skills.
- Ability to build and maintain strong relationships with retailers and brokers.
- Proficiency in lease analysis, financial calculations, and market research.
- Self-motivated, results-oriented, and capable of working independently.
- Knowledge of lease administration software is advantageous.
- A passion for the retail industry and commercial real estate.
Benefits
- Competitive base salary and an attractive commission structure based on leasing achievements.
- Comprehensive medical aid and pension fund benefits.
- Opportunities for professional development and career advancement in the Polokwane retail property sector.
- Exposure to a portfolio of high-visibility retail properties.
- A supportive and dynamic work environment.
- Regular performance reviews and opportunities for salary increases.Company-sponsored training and industry networking events.
- Employee recognition programs for outstanding performance.