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Commerical Leasing Manager

PublishedPublished: 6/14/2022
Real Estate

Job Description

Job DescriptionBenefits:

  • Employee discounts
  • Health insurance
  • 401(k)
  • Bonus based on performance
  • Dental insurance
  • Paid time off
  • Signing bonus
  • Vision insurance


Allcandidates mustsubmit resume,referencesandabriefsummaryofyourmostrecent
leasingachievements.
CommercialLeasingManager andTenantRelations
Weareseekingafull-time,on-siteleasingmanagertoleadoccupancygrowthforahighprofile
classA commercialpropertyindowntownSanFrancisco. Currentoccupanciesstand at
approximately50%. Thegoalistoachieve75%occupancyby December31,2026 through
tenantretention,newleaseacquisitionsandstrategicoutreach.
Keyresponsibilitiestoproactivelyretainexistingtenantsastherelationshipmanagerthrough
leaserenewals.Identify,qualifyandclosenewofficetenantstodriveoccupancy,negotiate
termsandcoordinatewithbrokersandlegalteams,tomaintaindetailedpipelinereportsand
provideregularupdatestoownership.Workwitharchitecttofigureoutsuitable
configurationsfortenants.
DUTIESandRESPONSIBILITIES
LeasingSupport:
1. Managesthedailyactivitiesoftheleasingoperationsdepartmentinaccordancewith
theorganizationpoliciesandstandards.
2. Responsibleforallleasingfunctions,whichmayincludereviewingallleasesand
negotiatingleasetransactionsandagreements.
3. WorkwithLegalCounselandPropertyManageronupdatingleasingtemplateforthe
building.
4. Draftandnegotiateleaseproposals,termsheets,andworkingwithLeasingBrokerand
outsideLegalCounsel,ifneeded,tonegotiateandfinalizeleasetransactions.Ona
weeklybasis,updateandkeep supervisorinformedonallmatters.
5. Reviewleaserenewals.Followingupwithexistingtenantstoquoterents,assistwith
renewalquestions,andrelayleaseinformationtotenantsasdirected.
6. Facilitateweeklymeetingwithupdatesonleasingactivity,providequarterlyleasing
forecast,andhelpprepareannualbudgetingatyear-end.Responsibleforthe
productivityandbudgetaryperformanceoftheleasingoperationsdepartment.
7. Workalongsidetheleasingteamtofacilitatetoursandensurecurrentsuitesaremaintained
andreadyforimmediateshowing.
8. Liaise with Leasing Brokers, Legal Counsel, Architect, Construction Manager and
Property Manager on leasing tasks to increase revenue and to ensure tenant
improvementsaretimelyandrentcommencementdatesareproperlydocumented.
9. Reviewandapprovecommissioninvoicesfornewleases,renewals,sales,etc.forretail
andcommercialsuites.
10. Monitorlocalrealestatenewsandmarkettrendsforcompetitivebuildingsinthe
marketplaceandpresentnewideastothesupervisor,inreachingattheminimumof
75%occupancytarget.
11. Theabilitytoworkindependentlyandmanageallaspectsofcommercialleasingand
marketing.
TenantRelations:
12. Overseescompletionofallnecessarypaperworkandensurespropercustomerservice.
13. Actastheprimarypointofcontactforalltenants leasing requests.Implement"Returnto
Office"(RTO)programsandcommunityeventstoimprovete

SKILLSandQUALIFICATIONS
1. Theabilitytodeliverexceptionalcustomerserviceinincreasingtenancy.
2. Detailorientedandthoroughwhenreviewingleasingcontracts.
3. Thinkandactstrategicallyanddemonstratestrongproblem-solvingcapabilities.
4. TechnicalSkills:ProficiencyinMicrosoftOffice.
5. Communication:Abilitytopresentinformation(verbalandwritten)inaclear,concise
andthoughtfulmanner.Exceptionalservice-orientedmindsetwiththeabilitytohandle
tenantissuesprofessionally.
EDUCATIONandTRAININGREQUIREMENTS
1. Education:Bachelor’sDegreeorequivalentexperience.
2. Experience:Minimum3–5yearsinCommercialRealEstateLeasing.
3. Experienceinanurbanhigh-riseor"ClassA"assetisaplus.
4. StrongknowledgeofSanFranciscodowntownmarketdynamicsandbrokernetwork.
5. Provenability tomeetaggressiveoccupancytargetsinacompetitiveenvironment.
6. Haveanestablished networkinthecommercialrealestatefield.
COMPENSATION&BENEFITS
Thisroleoffersacompetitivebasesalaryforanoperations-focusedprofessionalreadytomaketheir
markonasignificantSanFranciscoasset.
BaseSalary: $95,000 peryear.
Performancebasedcommissions:
1)5%ofgrossleasevalueonnewdeals
2)2%forrenewals
Bonus: 5%bonusifmettargetof75%occupancyby 12/31/26
BenefitPackage: Medical,Dental,Visionand401(k) plan.Possibleparking.

Flexible work from home options available.

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