Representative, Specialty Leasing

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profile Job Location:

Arlington, TX - USA

profile Monthly Salary: Not Disclosed
Posted on: 2 days ago
Vacancies: 1 Vacancy

Job Summary

Job Location:

Fashion Centre at Pentagon City

RIMARY PURPOSE:

The Specialty Leasing Representative (SLR) will learn to locate evaluate and develop potential local leasing tenants and income-generating opportunities for shopping center properties (both common area and temporary in-line) negotiate Lease Agreements to achieve the financial objectives of the properties refer prospective tenants for approval and coordinate Short-term Leasing administration and tenant presentation. The incumbent will have oversight responsibility for multiple properties as assigned.

PRINCIPAL RESPONSIBILITIES:
The successful candidates responsibilities will include but not be limited to:

  • Locate identify and evaluate potential Specialty Leasing (SL) tenants and other income sources for shopping center properties in both common area and in-line vacancies.

  • Develop and implement plan to include regularly attending trade shows review publications and canvass the area to identify retailers and other potential income generating tenants.

  • Develop and maintain relationships with prospective SL tenants and existing mall tenants.
    Network with area leasing representatives and industry associates.

  • Identify and develop new leasable locations in the common area.

  • Negotiate Lease Agreements:

    • Establish SL rent guidelines and income objectives for properties based on analysis of sales permanent leases and income goals of the property.

    • Negotiate Lease Agreements and submit tenant information terms locations and use clause for approval.

    • Generate SL income for assigned properties to achieve assigned SL financial goals.

    • Ensure maximum occupancy and minimum downtime occurs.

    • Support in-line leasing efforts by assisting in identifying developing local tenants into potential permanent tenants.

  • Report to and work with the Specialty Leasing Manager to achieve property and overall SL program goals.

    • Submit regular weekly reports to identify deal making forecasting revenue goal achievement and other program implementation status.

    • Assist Vice President Specialty Leasing and Specialty Leasing Manager in identifying and completion of SL national tenant deals.

    • Assist in identifying potential new multiple-mall and national tenants. Refer prospect to Specialty Leasing Manager or directly to other Simon Property Group properties.

  • Coordinate SL-related administrative duties with Mall Managers and other Property Management staff.

    • Coordinate completion of Lease Agreements SL program administration and SL tenant setup.

    • Monitor rent collection income transmittals sales reporting and the accurate processing of Lease Agreements.

    • Monitor monthly and quarterly property and Home Office SL income and expense reports.

  • Assist Mall Managers in achieving the acceptable merchandising and visual presentations.

    • Monitor placement if units/tenants in the common area.

    • Coordinate merchandise mix with leasing to ensure beset use of the space.

    • Communicate required Specialty Leasing visual presentation standard to the tenants.

    • Coordinate activity of Visual Merchandiser and tenant.

MINIMUM QUALIFICATIONS:

  • A bachelors degree in a business-related discipline

  • One or two years of general business sales leasing or retail experience

  • Basic math and accounting skills

  • Well-developed interpersonal and negotiating skills

  • Effective oral and written communication skills

  • Resourcefulness creativity and a well-developed awareness of design principles

  • Some overnight travel may be required


Required Experience:

Unclear Seniority

Job Location:Fashion Centre at Pentagon CityRIMARY PURPOSE:The Specialty Leasing Representative (SLR) will learn to locate evaluate and develop potential local leasing tenants and income-generating opportunities for shopping center properties (both common area and temporary in-line) negotiate Lease ...
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