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Specialty Leasing Manager

3 months ago

Victorville, United States Macerich Full time

Great people make great properties. As a shopping center developer of some of the nation's best real estate in top markets, Macerich offers opportunities to work, grow and develop your unique talents. Apply now to help us shape the future of retail real estate while building a meaningful, rewarding, and balanced career.

The Position on our Team:

Under the direction of the Area Specialty Leasing Manager, the Specialty Leasing Manager is responsible for delivering the Specialty Leasing budget in their assigned center(s) through the negotiation and execution of short-term cart, kiosk, and short-term store leases. This position requires a strong understanding of sales, demographics, retail trends, and merchandising in order to identify and negotiate leases that are sustainable and compliment the long-term leasing strategy. In all efforts, the Specialty Leasing Manager will embrace and demonstrate Macerich Core Values and partner with the property team to increase the bottom-line profitability of the shopping center.

This is a full-time, in-person role that will be filled at either our Inland Center or Mall of Victor Valley location as your main office. The role will be responsible for the Specialty Leasing programs at one of these centers.

In This Role, You Will:

  • Works with the Area Manager in developing sales, merchandising, and rate strategies for assigned center(s).
  • Negotiates and executes Specialty Leasing agreements to deliver annual budgets and supports overall asset strategy.
  • Remains current on local retail trends and identifies and secures new and appropriate retail concepts as part of merchandising strategy; business development outreach includes cold-calling, internet research, and active social media engagement.
  • Monitors temporary agreement expirations to mitigate risk and drive revenue.
  • Works with senior management on providing annual budgetary information.
  • Develops annual budgets with guidance from AVPs.
  • Prepares monthly specialty and kiosks forecasts.
  • Develops a thorough understanding of local market and center demographics to conduct center tours.
  • Attends leasing and asset meetings as required.
  • Communicates internally with the leasing and management teams on the status of leasing activity.
  • Is responsible for overall Specialty Leasing program by way of deal execution, proper display, placement, and retailer relations.
  • Assists the center team in administration of program when required (insurance submission, document execution, operational standards, etc.).
  • Maintains monthly forecasts.
  • All other duties as assigned.

What You Bring to Macerich:

  • Bachelor's Degree required.
  • Minimum of 3-5 years in retail sales, shopping center leasing, or specialty leasing experience.
  • Comprehensive understanding of basic accounting principles and financial reporting.
  • Knowledge of retail and food industry trends.
  • Effective sales and communication skills that fosters cooperation and teamwork.
  • Flexibility in work schedule, as needed.
  • Basic computer skills including Outlook, Excel, Adobe Acrobat, PowerPoint.
  • All applicants must be able to perform the essential functions of the position, including corresponding core job requirements, with or without a reasonable accommodation. Reasonable accommodations may be made to enable individuals with disabilities (and others in accordance with applicable law) to perform the essential functions of the job, consistent with applicable laws and Company policy.

Salary

Estimated compensation for this position is:

$90,000 to 116,000 (Annual) + 50% Annual Bonus Eligibility

The salary listed is an estimate and not guaranteed. A salary offer will vary based on applicant education, experience, skills, abilities, geographic location, internal equity, and alignment to market data.

Why You'll Love Working with Us:

We know our people make us who we are, and we take pride in recruiting and retaining the best and brightest employees from all backgrounds. We recognize the value of strengthening our workforce with diverse thoughts, voices, ideas and people. This makes our company a rewarding and energizing environment to work in.

As an employee with Macerich, you will also benefit from the following:

  • Best-in-class benefits with affordable employee contribution levels.
  • Annual paid time off, including vacation time, 12 paid holidays and 80 hours of sick time annually.
  • Savings accounts for your future through 401K and Health Savings Accounts.
  • Participation in the Company stock program at a discount.24 paid volunteer hours annually and employer charitable match benefit.
  • A sense of belonging fostered by wellness, satisfaction, diversity and inclusion.

Why Macerich

We create places where people come together. Macerich is reinventing the retail experience bringing together the best of shopping, dining, office, multifamily and experiences to meet the needs of the communities we serve. With 44 properties in some of the most vibrant, bustling cities across the country from New York to California, Macerich is setting the bar for transforming retail real estate into our vision for Regional Town Centers for everyone.

Our Culture of Belonging

At Macerich, we prioritize diversity, inclusivity, and equity, benefiting our employees, workplaces, and communities. We actively seek talented individuals from diverse backgrounds, recognizing the strength it brings. Our goal is to create a thriving, respectful environment that celebrates uniqueness and fosters learning. We are proud of our practices promoting equal employment and advancement opportunities. Macerich welcomes all qualified applicants, regardless of protected characteristics. For further details, refer to our Anti-Harassment, Discrimination, and Retaliation Policy. We provide reasonable accommodations for individuals with disabilities. Contact our People team for assistance.

We strive to be leaders in our industry by operating properties that prioritize responsible stewardship of our resources for the benefit of our tenants, guests, investors, employees, communities, industry partners and the planet. We are also committed to creating a diverse, inclusive, and equitable workplace where all employees can thrive. By prioritizing and investing in our employees, we create value for our workplaces and Regional Town Centers, as well as the communities we serve.

Work Experience
3 years: Retail Sales, Shopping Center Leasing, and/or Specialty Leasing

Education
Preferred: Bachelors

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