Leasing Strategy Development: Develop and implement leasing strategies that align with organizational goals and market trends. Continuously assess and adjust strategies to optimize occupancy and rental income.
Develop a strategic approach to new business pipeline development, primarily focused on leasing of retail and office spaces, aligned with our purpose of creating a global community with a vision to champion innovative and sustainable living, thinking and collaboration.
Portfolio Management: Oversee the management of a diverse commercial real estate portfolio. Monitor lease expirations, vacancies, and lease-up progress to maintain optimal occupancy levels.
Expand the profile and reach of Commercial Portfolio and its businesses and promote its products and services.
Identify relevant events and third-party platforms to represent and strategically position ECD.
Broker Relations: Establish strong alliances and partnerships with the Leading Broker companies in the market.
Operational Responsibilities
Market Analysis: Stay informed about market conditions, competitors, and emerging trends in the commercial real estate sector. Utilize this information to make informed decisions and adapt leasing strategies accordingly.
Lease Negotiations: Lead lease negotiations, including rent rates, terms, and concessions. Ensure lease agreements are compliant with local regulations and align with company objectives.
Tenant Acquisition and Retention: Identify and attract potential tenants for available commercial spaces. Foster strong tenant relationships and collaborate with property management to ensure tenant satisfaction, renewals, and long-term partnerships.
Financial Management: Collaborate with finance and accounting teams to set leasing budgets, monitor expenses, and track leasing-related revenue. Maximize rental income while controlling costs.
Legal Compliance: Ensure that all leasing activities comply with local, state, and federal laws and regulations governing commercial real estate leasing.
Reporting: Generate and present regular reports and analytics on leasing performance, occupancy rates, and revenue forecasts to senior management and stakeholders.
Tenant Services: Oversee the provision of services to tenants, such as maintenance requests, improvements, and other tenant needs.
People Responsibilities (only for roles managing people and are standard)
Team Leadership: Manage and mentor leasing teams, providing guidance, training, and support to achieve leasing targets and foster professional growth.
Set objectives and evaluate performance of individual direct reports and actively manage key personnel issues.