General Manager
Centennial Real Estate Company LLC · Milford, CT · $150k–$180k
Posted by Centennial Real Estate Company LLC on their careers site · View the original posting
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The posting, as Centennial Real Estate Company LLC wrote it
Manages the overall operation of the shopping center including accounting and asset management responsibilities, preparation of budgets and business plans; prospecting for local, regional, permanent, and temporary merchants; coordination of the local leasing program; establish and maintain retail relationships; oversee personnel; develop on-site staff and interact with corporate team to accomplish special projects and involvement with the community.
Responsible for maintaining the physical integrity of the Center, creating an environment that enhances customer satisfaction and tenant sales. Primary focus is to increase the value of the Center by increasing its Net Operating Income.
PRINCIPAL JOB ACTIVITIES
- Manage the shopping center facility and common area customer experience to the highest standards.
- Implement operating Standards of Excellence and measure success of execution.
- As applicable, partner with the Development team and aid in the planning & execution of repositioning and development strategies.
- Assist Development as needed with entitlements and manage construction activities while minimizing impact to the operating properties.
- Champion and lead Centennial’s Experience First program to further enhance the customers’ shopping center experience.
- Support and aid in the execution of Leasing strategies.
- In conjunction with the property leasing team, negotiate and secure local tenant and franchisee lease amendments and renewals.
- Support all aspects of local income generation and ancillary income.
- Protect existing cashflow and promote collaboration within the center team toward the creation of new revenue streams.
- In conjunction with the center’s marketing team, oversee and assist with the development and execution of the marketing plan, to engage the community, increased traffic, and drive tenant sales.
- Manage service contracts to the highest level of performance.
- Provide administration of leases, property management agreements, reciprocal easement agreements, and other operating covenants.
- Ensure the center meets all relevant government regulations.
- Manage and develop the talent of center personnel.
- Develop and maintain beneficial relationships with retailers, Centennial corporate and local team members, community stakeholders including government entities, local law enforcement and businesses, as well as professional and charitable organizations.
- Prepare and successfully execute and/or implement annual budget and business plan, forecasting operating expenses as required.
- Aggressively manage expenses to reflect current operating parameters while maintaining operating standards.
- Oversee property vendors and facilitate the Request for Proposal (RFP) and vendor selection process as well as contract creation.
- Anticipate future capital needs at the property and manage the approved capital budget to complete projects on time and on budget.
- Manage property account receivables and
[…]
equired to rotate weekend duty assignment with the mall management staff and will be required to work a variety of shifts from time to time and is required to support emergency response needs 24 hours per day/7 days per week, preferably with a response time under 30 minutes. The requirement in the preceding sentence will not apply if the position is on; approved paid time off, approved leave or another position is approved by the GM/VP Property Management for a specific period of time to handle ‘on call’ responsibilities.
EQUAL OPPORTUNITY EMPLOYER
Centennial ensures equal employment opportunities regardless of race, creed, gender, color, national origin, religion, age, sexual orientation, or disability.
Pay Range
$150,000 — $180,000 USD
Centennial is a retail real estate owner and operator with a national portfolio of shopping, dining, entertainment and mixed-use destinations as well as a full-service property management platform serving third-party owners. With over 300 employees nationwide, the firm now operates 20 million square feet of mixed-use destinations in 16 states. Since 1997, Centennial has played a pivotal role in shaping the evolution of American retail by creating a superior multi-faceted shopping experience with properties that serve not only as a place of commerce, but as a place of community.
#centennial #createdbycentennial
Centennial does not accept unsolicited resumes from third-party recruiters unless they were contractually engaged by Centennial to provide candidates for a specified opening. Any such employment agency, person or entity that submits an unsolicited resume does so with the acknowledgement and agreement that Centennial will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. At this time, we are not working with any agencies.
All job offers are contingent on completion of a background check and proof of eligibility to work in the United States.