Senior Vice President of Leasing
1 week ago
Position Overview: Vice President, Leasing
Rexford Industrial Realty, Inc. (NYSE: REXR) stands as a premier, publicly listed industrial real estate investment and management firm, overseeing an extensive portfolio of over 49 million square feet of industrial properties across Southern California.
The current landscape presents an exhilarating opportunity to join a forward-thinking, rapidly expanding REIT within the Leasing Division as a Vice President, Leasing.
In the role of Vice President, Leasing, you will lead revenue generation efforts, drive value enhancement initiatives, and strengthen client relationships across a varied asset portfolio in pivotal regional submarkets. We seek a highly experienced professional with 7-10+ years of proven success in Leasing, Strategy, and Investment/Asset Management.
Key Responsibilities:
- Masterful Deal Negotiation: Demonstrate expertise in commercial lease negotiations, particularly attuned to the intricate dynamics of Southern California's industrial real estate sector.
- Leadership and Team Development: Inspire and guide a team of leasing specialists, establishing ambitious objectives, offering continuous support, and promoting seamless collaboration with internal partners to enhance productivity.
- Broker Relations: Enhance broker relationships to effectively lease available spaces, evaluating potential tenants' business viability to ensure sustainable operational success.
- Lease Renewal Strategy: Personally manage lease renewals, fostering strategic alliances with clients and brokerage firms to maintain ongoing tenancy.
- Marketing Strategy: Formulate and implement strategic marketing initiatives to leverage leasing and value creation opportunities, ensuring optimal visibility for our properties.
- Documentation Oversight: Proficiently draft and review various lease-related documents, including letters of intent, leases, work letters, and broker agreements, ensuring legal compliance and maximizing value for Rexford.
- Market Analysis: Conduct thorough market analysis to remain informed on market rents, competitor offerings, emerging trends, and recent transactions within Rexford's target markets.
Essential Skills:
- Collaborative Results Orientation: A cooperative team player with an unwavering focus on achieving results, complemented by exceptional time-management and organizational skills.
- Outstanding Communication: Exceptional verbal and written communication abilities to effectively articulate complex concepts and negotiate advantageous terms.
- Innovative Problem Solver: A creative thinker adept at understanding diverse tenant requirements and crafting innovative solutions to meet them.
- Analytical Expertise: Strong analytical capabilities for executing lease-related calculations and interpreting net effective rent schedules, ensuring optimal outcomes for Rexford.
- Industry Knowledge: A comprehensive understanding of commercial/industrial lease terms and forms, alongside a keen awareness of industry best practices and emerging trends.
At Rexford Industrial Realty, you will have the chance to make a significant impact in the dynamic field of industrial real estate.
Compensation Overview:
Rexford Industrial's comprehensive reward structure includes a competitive benefits package, eligibility for bonuses, and long-term stock incentives. The anticipated salary range for this position is $175,000 to $230,000, with a 60% discretionary annual bonus target and stock grant eligibility. The actual base salary and total compensation offered will depend on various factors, including the qualifications of the individual applicant, years of relevant experience, specific skills, level of education, certifications, and the job's location. The final base salary and total compensation will be detailed in any offer letter.
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