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Local Leasing Manager – Colonie Center

4 months ago

Albany, United States Pacific Retail Capital Partners Full time

Local Leasing Manager – Colonie Center


Are you ready to be the driving force behind the heartbeat of a bustling Colonie Center? Do you thrive on building relationships, closing deals, and envisioning the perfect tenant mix that keeps shoppers returning for more? If so, we want YOU to join our dynamic team as a Local Leasing Manager


Pacific Retail Capital Partners is a fully integrated, entrepreneurial organization with an unparalleled depth of knowledge in all aspects of retail real estate. Our team of executives and strategic partners draw on decades of experience with major national shopping center owners to deliver top-tier service as an operating partner and efficiently oversee the company’s portfolio. Our broad-based talent is versed in multiple disciplines, from investment and development, which enables the company to quickly assess market opportunities, to management, marketing, and leasing, which allows it to control costs and maintain the quality of its properties effectively. This position is based in Albany, NY, but our company operates nationally, emphasizing large regional malls.


As the Local Leasing Manager for Colonie Center, you will fully manage the property's Local Leasing program to meet ownership objectives.


To succeed, you should have:

  • College degree required.
  • 2+ years of related experience.
  • Ability to manage timelines of numerous projects simultaneously with attention to detail
  • Exceptional communication skills; clear, concise, and professional representation expected
  • Strong analytical capability, especially in understanding and applying marketing/retail trends and marketing communication principles.
  • Comfortable in an office environment: Microsoft Suite, Adobe Acrobat, Google, conference calls, printing/copying/scanning, Outlook, team meetings, etc.
  • Curate email content, develop distribution strategy, and maintain a regular communication schedule. Implement a plan to grow the database.
  • Understand and be able to execute web retargeting campaigns.


Your responsibilities as the Local Leasing Manager at Colonie Center will include:


Business Development

  • Prospect local area bi-weekly to identify new and unique tenants for the Local Leasing program and/or permanent Leasing.
  • Participate in weekly meetings with the General Manager to update on prospects and the overall status of the Local Leasing program.
  • Attending local and regional events to maintain retailer relationships and introduce new retailers.


Leasing

  • Responsible for the ongoing temporary leasing of the Retail Merchandising Units (RMUs), kiosks, in-line store, and vending.
  • Prepare all license agreements, amendments, and other necessary paperwork for Local Leasing merchants.
  • Source local permanent tenants for space at the center and run the entire deal with assistance from the SVP of Leasing, the SVP of Local Leasing, and the general manager.


Management and Operations

  • Ensure that specialty leasing retailers and amenities (signage/fixtures, etc.) enhance the appearance and values of the shopping center and meet company visual merchandising requirements and standards of professionalism.
  • Oversee that all specialty leasing retailers are adhering to the Operational Guidelines.
  • Coordinate the set-up, relocation, and breakdown of all temporary tenants.
  • Collect weekly/monthly sales reports and rent checks from all temporary merchants.
  • Ongoing communication with permanent leasing agent(s) to ascertain space availability, merchandise mix goals, and incubation candidates.


Marketing

  • Distribute Local Leasing collateral pieces to local/regional businesses and retailers to generate activity for the center’s program.
  • Ensure that empty RMUs are merchandised with Local Leasing collaterals.
  • Work closely with the Marketing department to ensure ongoing exposure of the Local Leasing program in the mall’s marketing efforts, including advertisements, in-mall signage, and directories.


Financial & Reporting Responsibilities

  • Collect temporary tenant license fees.
  • Report all delinquencies to the General Manager and develop a strategy for payment or termination.
  • Work with the Accounting team on financial reports, receivables, or other financial requirements, as needed.
  • Prepare and adhere to the annual income and expense budget.
  • Prepare and adhere to the monthly and quarterly forecast.
  • Prepare monthly Local/Specialty Leasing report for Ownership Asset Management Report.
  • Prepare monthly submission of tenant sales reports and prospecting reports.
  • Prepare monthly monitoring of Local Leasing management fee billings.
  • Prepare Pro Formas and Capital Expense requests for new RMU purchases.
  • Prepare annual Goals and Objectives and year-end self-evaluation review.


Merchant Relationships

  • Conduct regular meetings with temporary merchants to ensure the tenant’s and Ownership’s business objectives are met.
  • Communicate new trends and products with merchants to grow current business or expand to additional locations.


Best-in-Class Benefits and Perks:

We value our employees' time and efforts. Our commitment to your success is enhanced by our competitive compensation of $85 - 105k annually, depending on experience, and an extensive benefits package, including:

  • Comprehensive health coverage: Medical, dental, and vision insurance provided
  • Robust retirement planning: 401(k) plan available with employer matching
  • Financial security: Life and disability insurance for added protection
  • Flexible financial options: Health savings and flexible spending accounts offered
  • Well-being and work-life balance: Paid time off and holidays


Plus, we work to maintain the best environment for our employees where people can learn and grow with the company. We strive to provide a collaborative, creative environment where everyone feels encouraged to contribute to our processes, decisions, planning, and culture.


Apply now and be part of the magic that keeps Colonie Center running smoothly and shoppers smiling

Take advantage of this opportunity to join our dynamic team, where every day brings new challenges and rewards. Join us in creating a shopping experience that exceeds all expectations Please submit your resume and cover letter to tdillon@pacificretail.com


Please reference “Local Leasing Manager” in the subject line.


We are an equal opportunity employer that welcomes and encourages diversity in the workplace. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local.