Director of Retail and Office Leasing
Company: Pricebrotherskc
Location: Overland Park
Posted on: March 19, 2025
Job Description:
Director of Retail and Office LeasingDepartment:
CorporateEmployment Type: Full TimeLocation: Overland Park,
KSCompensation: $85,000 - $100,000 / yearDescriptionThe Director of
Retail and Office Leasing will oversee and drive leasing strategies
for a portfolio of primarily retail and office properties, working
to maximize occupancy, tenant satisfaction, and revenue growth.
This role requires expertise in commercial real estate, focusing on
both retail and office leasing. The Director will lead a team of
leasing professionals, collaborate closely with property
management, marketing, and asset management, and maintain strong
relationships with brokers and tenants. The role requires a
strategic mindset with a strong understanding of market trends,
retail and office dynamics, and financial acumen to enhance
property value and revenue.Salary: $85,000-$100,000 + annual 10%
bonusKey Responsibilities
- Leasing Strategy Development & Execution:Develop and implement
comprehensive leasing strategies for both retail and office spaces,
ensuring optimal tenant mix and property performance.Analyze market
trends, identify potential leasing opportunities and risks, and
lead property repositioning initiatives.Collaborate with internal
teams to align leasing strategies with broader property investment
and financial goals.Ensure all leases are structured to meet
financial and operational objectives, considering rent structures,
terms, and tenant improvement allowances.Evaluate lease processes
to ensure proactive workflows that enhance tenant experience while
compressing the contact to lease cycle time.
- Tenant Acquisition and Lease Negotiation:Identify and attract
high-quality tenants, ranging from established brands to emerging
concepts, across retail and office sectors.Lead lease negotiations,
including setting terms and rent structures, ensuring alignment
with the goals of the property owners.Proactively manage tenant
relationships to address concerns, facilitate lease renewals,
expansions, and maintain long-term occupancy.
- Portfolio & Property Management:Work closely with property
management teams to ensure properties are well-maintained, operate
efficiently, and meet tenant needs.Evaluate and approve tenant
build-outs, modifications, and property-related improvements to
enhance tenant satisfaction and long-term value.Partner with
marketing teams to develop campaigns that support leasing efforts.
- Team Leadership and Development:Lead, mentor, and develop an
internal leasing team of leasing reps and property managers,
fostering a high-performance and results-oriented culture.Set and
monitor team goals, ensuring alignment with overall leasing and
property strategies.Support staff development through training and
providing growth opportunities.
- Stakeholder Relationship Management:Build and maintain strong
relationships with tenants, and commercial real estate
brokers.Serve as the key point of contact for all leasing-related
matters, ensuring transparency and effective communication with all
stakeholders.Provide regular reports on leasing performance, market
trends, and financial impact to senior management and property
ownership.
- Market Research & Expansion:Stay updated on market trends,
consumer behaviors, competitive landscapes, and economic conditions
affecting retail and office leasing.Proactively seek new leasing
opportunities, particularly for high-value or underutilized spaces,
and assist in evaluating potential acquisitions and redevelopments.
- Financial & Legal Oversight:Oversee leasing budgets, including
setting rental rates, managing lease incentives, and forecasting
revenue impacts.Conduct financial analysis and modeling for
prospective leases to assess their long-term impact on property
value and revenue.Ensure all leasing activities comply with local,
state, and federal regulations, as well as company
policies.Coordinate with legal teams to review and finalize lease
agreements.Skills, Knowledge and ExpertiseMinimum Qualifications
- Strong negotiation and relationship-building abilities.
- Expertise in financial modeling, lease structuring, and real
estate market analysis.
- Leadership experience with a demonstrated ability to manage and
develop teams.
- Proficiency in real estate software (VTS, Deal Manager, CoStar,
etc.) and property management systems (Yardi, MRI, etc.), as well
as the Microsoft Office suite.Education (level and type)Secondary
education degree in accounting or a field of equivalence, preferred
Bachelor's degree in Real Estate, Business, Finance, or a related
field. MBA or Master's degree preferred.Required Work Experience
- 10+ years of experience in commercial real estate leasing, with
at least 3-5 years in a leadership role managing both retail and
office leasing portfolios.
- Proven track record of driving revenue growth, tenant
acquisition, and portfolio performance.Certifications and/or
LicensesValid driver license legally allowing driving for work
purposes during working hours; valid automobile insurance when
operating a vehicle for business purposes; and any other
licenses/certifications required by governing agencies - otherwise,
none. Real estate license and relevant certifications
preferred.BenefitsThe company offers an array of outstanding health
and wellness benefits starting the first of the month after 30 days
of service. Reasonable insurance premiums including 4 medical
options, dental, vision, life & disability, FSA dependent care,
legal assistance, identity theft and more. Participate in the
company's 401k retirement plan, enjoy paid time off and 10 holidays
+ your birthday! Whether we are cheering on one of our local sports
teams, volunteering at a philanthropy or celebrating team
milestones, Price Brothers cares about our team members & our
community.
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Keywords: Pricebrotherskc, Overland Park , Director of Retail and Office Leasing, Administration, Clerical , Overland Park, Kansas
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