This real estate leasing expert will be responsible for co-managing the mall real estate portfolio from a leasing and asset management perspective. Responsibilities include gathering necessary due diligence, creating property-specific strategies, negotiating financial terms with landlords, and helping manage the renewal process through lease execution. This individual will partner with Design and Facilities representatives to develop individual reinvestment scopes and budgets for each mall. Additionally, this individual will help implement a more proactive communication plan with Operators and Business Consultants. Finally, this individual will support other mall-focused initiatives, such as portfolio-level analyses, lease template renegotiation, etc.
Success in this role will necessitate both a high level of independence and initiative, combined with an ability to partner with other stakeholders, including Strategy/Analytics, New Restaurant Growth, Operations, Legal, and Property Management.
Responsibilities will include but are not limited to:
Contact and discuss with Operators upcoming lease renewals, explain process, answer questions, gather necessary information, and develop and enhance Operator trust.
Contact and discuss with Business Consultants upcoming lease renewals, Operator status, FSR impact, real estate strategy, and other pertinent issues.
Collect and analyze available data (occupancy charges, sales, other) and other due diligence, and develop renewal strategy in concert with supervisor.
Negotiate lease renewals.
Coordinate with Legal to identify and resolve issues during lease negotiations.
Develop and maintain industry relationships.
Develop and enhance industry knowledge and expertise.
4 year degree
6 years pertinent experience
Proficiency in Microsoft Office products
Flexibility, adaptability, and creativity
Strong communication skills
Strong analytical skill
Self starter and ability to work independently
Ability to work collaboratively with others
Willingness to travel
Employer will assist with relocation costs.
Internal Number: 2018-6411
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