Director of Leasing
Job Description Summary
This role will carry out the daily activities of the Retail Leasing Department in accordance with organizational policies and standards. The individual will be responsible for retail leasing functions, for a portfolio of retail properties, which may include: research and reporting on market activities, develop and maintain business relationship with commercial real estate brokers, prospecting for suitable tenants in accordance with a retail leasing strategy for each property and negotiating lease transactions and agreements. He or she will rely on experience and judgment to plan and accomplish goals and performs a variety of complicated tasks with a wide degree of creativity.
Job Description
Responsibilities:
The Director, Leasing will be responsible for performing the following duties:
Research and report on leasing activity in market;
Establish leasing targets for specific projects;
Develop and manage leasing budgets for specific projects;
Monitor all existing tenants and take proactive measures to renew where appropriate;
Manage portfolio reviews with respect to new tenants, renewals, bankruptcies;
Identify and pursue new tenancies for specific projects;
Develop and maintain business relationship with commercial real estate brokers, retailers and clients;
Prepare, negotiate and document lease proposals, offer to lease;
Liaise with the Legal Department to ensure accuracy of documentation;
Manage leasing strategy for Portfolio projects with the responsibly for finalizing deals in a timely manner;
Liaise with the construction, architectural, property management departments to obtain pricing, and ensure timelines are met;
Visit various properties to ensure a strong understanding of various markets and locations;
Prepare and revise leasing plans for specific assets where required;
Provide input and direction on new acquisitions with respect to feasibility and market conditions as it relates to leasing;
Full management/on boarding of junior leasing personnel
Qualifications:
The following are the minimum requirements to be considered for this role:
Must be a registered RECO salesperson/broker in good standing;
Minimum of 3-5 years of practical experience in retail leasing (enclosed malls, strip centres and large format) with extensive tenant and industry contacts;
Proven strategic thinking with respect to redevelopments and/or property re-sets;
Ideally a Bachelor’s Degree in Business or other related degree;
Strong presentation skills for interaction with prospective tenants and clients
Exceptional negotiating skills accompanied by strong oral and written communication skills, with the ability to effectively communicate with the organization and to prospective tenants and clients;
Effective time management skills and must be able to handle multiple tasks/projects in a fast paced environment;
Be a driven individual with proven high deal count while achieving quality transactions that enhance profile of property;
Proficient computer and software skills ;
Strong Customer Service skills;
Interpersonal skills, able to work well with others in a team environment;
Must be able to provide clear criminal check.
Cushman & Wakefield is committed to equity in employment and our goal is to have a diverse, inclusive, and barrier-free workplace. If you are a person with a disability and need the job posting in an alternative format or any other accessible accommodations during the hiring process, please email your request to [email protected] or call 416-359-2596. Please refer to the job title and job location when you contact us.
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