Director, Leasing

Agree Limited PartnershipRoyal Oak, MI
2d

About The Position

The Director, Leasing is responsible for national and major regional tenant leasing and renewals, developing tenant relationships, and completing all B&E’s. This role is also responsible for managing out parcel opportunities, big box vacancies, securing listing agreements, and negotiating LOIs with potential replacement tenants or buyers.  Ancillary responsibilities include sourcing acquisitions, DFPs, and development opportunities and providing support for all functional areas within the Company.  This position reports to the Vice President, Real Estate.

Requirements

  • Excellent sales, management, and leadership skills.
  • Analytical, detailed oriented, organized, and efficient.
  • Strategic thinker that can manage multiple projects and priorities.
  • Self-Motivated, results driven, and can prioritize projects to meet required deadlines.
  • Superior organizational skills and attention to detail.
  • Ability to identify issues and recommend solutions clearly and concisely.
  • A passion for retail real estate and brings positive energy to the team.
  • Bachelor’s Degree in a closely related field required.
  • Minimum 7 – 10 years’ experience in retail leasing and marketing.
  • Real Estate License

Responsibilities

  • Negotiate terms and/or LOIs (Letters of Intent) for leases, renewals, assignments/subleases, and amendments.
  • Prepare, negotiate, and finalize lease agreements and related documents for new and existing tenants within the company’s portfolio.
  • Responsible for identifying brokers, negotiating listing agreements, and leasing large box vacancies.
  • Prepare, negotiate, and finalize B&E lease amendments.
  • Responsible for overseeing/accuracy of data within the scope of responsibility of this position including all leasing reports (ex. leasing status & activity report, lease expiration report, lease options report, and vacant space summary) and relevant systems (ex. Pipedrive, ARC, Dynamics 365, etc).
  • Identify and qualify the creation of out parcel opportunities throughout the portfolio.
  • Support the asset management, development, and acquisitions teams in the development of new business initiatives/programs.
  • Support the Acquisition Team in evaluating markets and providing intel on potential acquisition targets.
  • Source leads for new acquisitions, DFPs, development, and B&E acquisition opportunities.
  • Participate in industry related conferences and conventions.
  • Maintain and develop excellent relationships with new and existing tenants.
  • Conduct and participate in portfolio reviews with retailers.
  • Ensures tenant retention and property income growth within the existing portfolio.
  • Execute Leasing team processes including LAFs (Lease Approval Forms).
  • Responsible for broker contracts, invoice approvals, and broker relationships.
  • Interact and interface with asset management and with multiple departments within the company including accounting, acquisitions, development, people & culture, IT, and legal to ensure continuity in objectives and goals.
  • In conjunction with asset management, finance, and dispositions, identify at-risk assets and propose proactive recommendations and plans for under-performing stores.
  • Serve as Project Manager or participant in Leasing team projects.

Benefits

  • 100% company-paid monthly health insurance premiums for team members and dependents
  • 100% company-paid short-term, long-term, and life insurance premiums for team members
  • Simple IRA retirement plan with 3% company match
  • 3 company-provided lunches per week
  • Onsite fully equipped gym and locker rooms
  • Opportunity to volunteer at a charity of your choosing with our Agree Gives Back program
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