Leasing Manager, Retail

Job Details

permanent
Canada
QuadReal Property Group
2023-11-06
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Full Job Description

About QuadReal Property Group 

QuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management total $67.1 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly, via programmatic partnerships and through operating companies in which it holds an ownership interest.

QuadReal seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come.

QuadReal: Excellence lives here.

                    

Reporting to the Vice President, Retail Leasing, Western Canada, the Leasing Manger supports QuadReal’s Retail Leasing team and is responsible for managing the leases on the enclosed mall, mixed use and open centre portfolio in Western Canada.

Responsibilities

  • Develop and implement all leasing activities for a portfolio in accordance with approved budgets and asset plans, including specialty leasing and partnership duties
  • Solicit and secure new tenants for existing and future vacancies. New retail tenant prospecting activities: Including but not limited to, social-media platform utilization, in-person networking (“Door knocking”), cold calling, and other, new/original methods of prospecting for new tenants on a regular basis
  • Negotiate renewals to retain desirable tenants
  • Prepare contract documentation related to leases and negotiate favourable business terms with retail prospects to maximize asset value and meet / exceed business plan targets
  • Develop and maintain strong relationships with the brokerage community, tenant representatives and national, regional and independent retailers by means of cold calling, direct mail solicitation and personal presentation of suitable opportunities
  • Provide input and generate marketing / merchandising plans for the required properties
  • Complete and present all budgets and merchandising packages for the required properties
  • Support the ongoing marketing of properties by researching and maintaining accurate information on market demographics and market activity
  • Coordinate the teams leasing efforts with senior management, property management, operations, lease administration, marketing and accounting groups
  • Understand QuadReal’s Documentation and Yardi Processes including: Drafting TOLA’s, tenant offers and proposals for new deals renewals/extensions, document summaries and other letters/documents as needed and distribution of same. Contribute improvements in all of these over time.
  • Attend ICSC Conferences
  • Support QR IT initiatives such as Yardi, InTouch, Teams
  • Draft Deal Approval Memos
  • Responsible for personal Expense Reports
  • Compile key property reporting data and excel spreadsheets in preparation for management meetings and portfolio reporting requirements
  • Other related duties as required

Experience and Qualifications:

  • 5+ years of related experience in retail leasing
  • Active BC Real Estate license
  • Post-secondary education in Business Administration
  • Strong working knowledge of leases, offers, renewals and merchandising plans
  • Ability to prioritize workload and handle competing priorities and deadlines
  • Excellent analytical and creative problem-solving skills
  • Strong oral and written communication skills and excellent presentation skills.
  • Solid understanding of retailer needs and expectations with the ability to interpret lease documents, financial data, and market research
  • Intermediate to advanced skills in Microsoft Word and Excel

QuadReal Property Group will provide reasonable accommodation at any time throughout the hiring process for applicants with disabilities or for those needing job postings in an alternate format. If you require accommodation, please advise the Talent Acquisition team member you are working with and include the following: Job posting #, your name and your preferred method of contact.

Want to learn about our end-to-end recruitment process? Click this link for a short video that will take you through each step, so you’ll know exactly what to expect.

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