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Regional Real Estate Leader
1 week ago
The Regional Real Estate Leader will be responsible for all aspects commercial retail leasing and acquisition to include broker/developer relationships, market assessment, site selection, LOI and lease negotiation, market analysis, and presentation to leadership team.
Individual will need to develop a strong understanding of our business in order to ensure they acquire the correct sites.
Individual should be a self-starter and have an entrepreneurial spiritThis position is based in either our Main office in Doral Fl or Neshaminy, Pennsylvania regional office.
Requirements:
- Skilled and experienced in all facets of retail acquisition, lease renewals, lease extensions and lease administration.
- Skills to include commercial / retail leasing, subleasing and license agreements. Highly organized, disciplined, and skilled in planning, tracking, evaluating and reporting on the performance of assigned activities.
- Ability to work with a wide variety of related functions to assist in the development of short and longterm real estate requirements.
- Skilled in negotiating complex retail real estate agreements and experience in managing large volume of transactions and critical dates.
- Prepare financial and sensitivity analysis & approvals for all proposed transactions, develop business justification and recommendations for RE Committee presentation to user groups and executive management team for approval. Ability to work with a wide variety of functions to assist in the development of short and long term retail real estate asset management requirements.
- Assist with the strategic planning for the retail stores, including financial analysis, market information, offering terms and conditions, contract review, and negotiations.
- Review and update retail real estate asset management best practices, forms, documents, and enhancements to the retail real estate database.
- Provide support to all internal teams and oversee lease requirements such as obtaining landlord consent, negotiating reinstatement requirements and collection of Tenant Improvement dollars, rent renegotiations.
- Manage current real estate assets by taking a proactive approach, anticipating lease renewals and terminations and all critical dates, lowering and auditing operating expenses, coordinating landlord approval of alterations & completing estoppel certificates and other required documentation.
- Maintain excellent relationships with internal customers, senior management, legal, tax, risk management, landlords, vendors, consultants, developers, and brokers.
- Administrative: Balance administrative tasks such as calendar management, travel arrangements, expense reports, and document control in a timely manner.
Qualifications
- Bachelor's Degree
- Minimum 7+ years of work experience in Retail Real Estate/Asset Management or Retail or mixed use Real Estate/Property Management with detailed knowledge & experience in negotiating retail leases.
- Minimum of 5+ years managing external resources
- Must have expansion & site selection experience
- Must have experience with Lease administration software, Argis or mapping software
- We are looking for a highly motivated and proactive thinker who can think strategically and stay connected to our customers
- Ability to interpret complex commercial leases
- Excellent analytical, statistics or financial experience required
- Excellent discipline, organizational, and problem solving skills
- Excellent communication skills (both verbal and written)
- Must be a selfstarter who is comfortable working independently, remotely, with frequent travel
- Ability to multitask, work successfully under pressure and effectively manage time and workload
- Highly motivated and proactive thinker who can think strategically and also be detailfocused.
EOE/VET/DISABLITY
Pay:
From $115,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Employee assistance program
- Health insurance
- Paid time off
- Vision insurance
Experience level:
- 7 years
Schedule:
- Monday to Friday
Work Location:
In person
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