Director of Leasing
Director of Leasing
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Job Description
City/State
Norfolk VAWork Shift
First (Days)Overview:
Sentara Health is seeking to hire a qualified individual to join our team as Director Leasing.
Position Status: Full-time Day Shift
Position Location: This position is hybrid.
Standard Working Hours: 8:00AM to 5:00PM (ET).
Expectations for this Role:
Sentara Health is seeking a Director Leasing. This role directs and manages the daily activities of the leasing team within the corporate facilities department in accordance with organization policies and standards. This position reports to the Director of Commercial Real Estate.
Responsibilities:
Serve as a strategic real estate partner to other leaders and the Sentara Medical Group on different real estate leasing options compliance with healthcare real estate rules and regulations interpretation of lease provisions
Manages portfolio leasing activity leveraging internal and external people and resources and maintain understanding of current competitive market dynamics
Coordinates negotiations of Lease renewals extensions and modifications with owners property managers tenants potential tenants and attorneys including preparation of term sheets reviewing drafts and final documents for execution and distribution
Assist in overseeing appropriate leasing and marketing plans for all portfolio properties within fair market value
Proactively engages and mobilizes leasing brokers internal leasing team and prospective tenants to close lease transactions
Partners with Property Management Design and Construction for timing/condition of space renewal process improvements and underwriting
Maintains Fair Market Values for the portfolio as required
Oversees the marketing of vacancies screening prospective tenants reviewing leasing proposals and financials showing spaces; coordinating bid process
Oversees the administration of existing leases working with Property Managers Insurance Accounting Bookkeeping and Legal Departments Auditors Owners Tenants and Contractors
Entrepreneurial approach to understanding landlord and tenant needs crafting and negotiating LOIs and consummating lease transactions
Leverages relationships and act as a liaison between landlord and tenant by providing excellent customer service and handling tenant/landlord inquires and complaints
Prepares reports and annual income budgets and manage such accordingly
Reviews/renews existing leases to achieve maximum revenues
Collaborates with Property Management and Legal on Correspondence and Tenant notices covering end of term renewal violation default late payment and other issues as required
The successful candidate will have:
5-7 years experience in commercial space marketing lease negotiations and administration with emphasis on healthcare real estate
Bachelors degree in business finance real estate or related discipline
Strong Microsoft suite skills (Word Outlook Excel PowerPoint Sharepoint Project)
Ability to work under tight time constraints
Demonstrated ability to drive and manage leasing activity in a high-transaction volume environment leveraging best practices and a world-class team
Comprehensive understanding of marketing negotiating legal environmental and construction as related to consummating healthcare property leases
Ability to understand budgeting and allocation of costs and basic principles of RE finance and investment
Strong knowledge of healthcare real estate market
Knowledge of Costar lease administration and/or Yardi Software a plus
Relies on experience and judgment to plan and accomplish goals
Excellent organization skills
Excellent oral and written communication skills
Ability to handle multiple tasks. Coordinate manage and communicate efficiently and effectively
Very strong interpersonal skills and the ability to build relationships with stakeholders including staff and external partners
Legal Resources Plan
Colleagues have the opportunity to earn an annual discretionary bonus ifestablished system and employee eligibility criteria is met.
Sentara Health is an equal opportunity employer and prides itself on the diversity and inclusiveness of its close to an almost 30000-member workforce. Diversity inclusion and belonging is a guiding principle of the organization to ensure its workforce reflects the communities it serves.
In support of our mission to improve health every day this is a tobacco-free environment.
For positions that are available as remote work Sentara Health employs associates in the following states:
Alabama Delaware Florida Georgia Idaho Indiana Kansas Louisiana Maine Maryland Minnesota Nebraska Nevada New Hampshire North Carolina North Dakota Ohio Oklahoma Pennsylvania South Carolina South Dakota Tennessee Texas Utah Virginia Washington West Virginia Wisconsin and Wyoming.
Required Experience:
Director
Employment Type
Full-Time
