Associate, Specialty Leasing
Simon Property Group, Queenstown, Maryland, United States, 21658
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Associate, Specialty Leasing
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Simon Property Group The primary purpose of this position is to provide a structured learning environment for the first year of employment. The SLA will learn to locate, evaluate and develop potential local leasing tenants and income-generating opportunities for shopping center properties (both common area and temporary in-line), negotiate Lease Agreements to achieve the financial objectives of the properties, refer prospective tenants for approval, and coordinate Short-term Leasing administration and tenant presentation. Principal Responsibilities
Locate, identify and evaluate potential Specialty Leasing (SL) tenants and other income sources for shopping center properties in both common area and in-line vacancies. Develop and implement plan to include regularly attending trade shows, review publications and canvass the area to identify retailers and other potential income generating tenants. Develop and maintain relationships with prospective LL tenants and existing mall tenants. Network with area leasing representatives and industry associates. Identify and develop new leasable locations in the common area. Negotiate Lease Agreements
Establish SL rent guidelines and income objectives for properties based on analysis of sales, permanent leases and income goals of the property. Negotiate Lease Agreements and submit tenant information, terms, locations and use clause for approval. Generate SL income for assigned properties to achieve assigned SL financial goals. Ensure maximum occupancy and minimum downtime occurs. Support in-line leasing efforts by assisting in identifying, developing local tenants into potential permanent tenants. Reporting and Administration
Submit regular weekly reports to identify deal making, forecasting, revenue goal achievement and other program implementation status. Assist Vice President – Specialty Leasing and Specialty Leasing Manager in identifying and completion of SL national tenant deals. Assist in identifying potential new multiple-mall and national tenants. Refer prospect to Specialty Leasing Manager or directly to other Simon Property Group properties. Coordinate SL-related administrative duties
Coordinate completion of Lease Agreements, SL program administration and SL tenant setup. Monitor rent collection, income transmittals, sales reporting and the accurate processing of Lease Agreements. Monitor monthly and quarterly property and Home Office SL income and expense reports. Minimum Qualifications
A bachelor’s degree in a business related discipline One or two years of general business, sales, leasing or retail experience Basic math and accounting skills Well-developed interpersonal and negotiating skills Effective oral and written communication skills Resourcefulness, creativity and a well-developed awareness of design principles Some overnight travel may be required Employment Details
Job Location: Dover Mall Seniority level: Not Applicable Employment type: Full-time Job function: Sales and Management Industries: Real Estate and Retail
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Associate, Specialty Leasing
role at
Simon Property Group The primary purpose of this position is to provide a structured learning environment for the first year of employment. The SLA will learn to locate, evaluate and develop potential local leasing tenants and income-generating opportunities for shopping center properties (both common area and temporary in-line), negotiate Lease Agreements to achieve the financial objectives of the properties, refer prospective tenants for approval, and coordinate Short-term Leasing administration and tenant presentation. Principal Responsibilities
Locate, identify and evaluate potential Specialty Leasing (SL) tenants and other income sources for shopping center properties in both common area and in-line vacancies. Develop and implement plan to include regularly attending trade shows, review publications and canvass the area to identify retailers and other potential income generating tenants. Develop and maintain relationships with prospective LL tenants and existing mall tenants. Network with area leasing representatives and industry associates. Identify and develop new leasable locations in the common area. Negotiate Lease Agreements
Establish SL rent guidelines and income objectives for properties based on analysis of sales, permanent leases and income goals of the property. Negotiate Lease Agreements and submit tenant information, terms, locations and use clause for approval. Generate SL income for assigned properties to achieve assigned SL financial goals. Ensure maximum occupancy and minimum downtime occurs. Support in-line leasing efforts by assisting in identifying, developing local tenants into potential permanent tenants. Reporting and Administration
Submit regular weekly reports to identify deal making, forecasting, revenue goal achievement and other program implementation status. Assist Vice President – Specialty Leasing and Specialty Leasing Manager in identifying and completion of SL national tenant deals. Assist in identifying potential new multiple-mall and national tenants. Refer prospect to Specialty Leasing Manager or directly to other Simon Property Group properties. Coordinate SL-related administrative duties
Coordinate completion of Lease Agreements, SL program administration and SL tenant setup. Monitor rent collection, income transmittals, sales reporting and the accurate processing of Lease Agreements. Monitor monthly and quarterly property and Home Office SL income and expense reports. Minimum Qualifications
A bachelor’s degree in a business related discipline One or two years of general business, sales, leasing or retail experience Basic math and accounting skills Well-developed interpersonal and negotiating skills Effective oral and written communication skills Resourcefulness, creativity and a well-developed awareness of design principles Some overnight travel may be required Employment Details
Job Location: Dover Mall Seniority level: Not Applicable Employment type: Full-time Job function: Sales and Management Industries: Real Estate and Retail
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