Leasing and Business Development Manager

The posting, as Centennial Real Estate Company LLC wrote it

Base: $85,000-$95,000 annually

Additional Compensation: up to 40% annual performance bonus

Oversee and direct the Local Leasing program to maximize and manage local leasing revenue, expenses, and licensees to meet or exceed annual budget targets and client expectations. Foster relationships with on-site property management team. Build relationships with existing licensees, prospective licensees, community partners, and potential sponsors to maximize miscellaneous income opportunities.

PRINCIPAL JOB ACTIVITIES

Business Development

• Prospect and network offsite a minimum of two days per week to identify new and unique tenants, cultivate relationships, for the local leasing program and/or permanent leasing program.
• Prospect for new business using social media channels.
• Attend local and regional trade shows to identify retailers and other potential income generating tenants.
• Network with area leasing representatives and industry associates.
• Develop and execute a business development strategy including analysis of existing local leasing tenants and identifying new concepts, operators, and emerging retailers.
• Assist EVP Business Development and Permanent Leasing Rep in identifying potential national tenants and coordinate all national tenant deals with Corporate team.
• Develop and maintain positive and productive relationships with existing licensees.
• Communicate new trends and products with merchants to grow current business or expand to additional locations.
• Respond to corporate requests for information within 24 hours.

Leasing

• Manage local leasing of the Center’s inventory to include carts, kiosks, in-line stores, storage locations, vending and advertising/media opportunities.
• Negotiate terms for license agreements and prepare deal sheets for all license agreements and amendments as well as all other necessary paperwork related to Local Leasing & Business Development tenants.
• Walk deals through the approval process, including but not limited to deal submission, agreement execution, and coordination of opening processes.
• Assist in identifying and developing local tenants into potential permanent tenants.
• Work with assigned Director & EVP to establish rent guidelines and income growth objectives based on rent to sales analysis, competitive market rate analysis, and other pertinent data.

Management and Operations

• Monitor and ensure that center restrictions, signage, visual merchandising requirement, and ownership standards are met by prospective specialty retailer in conjunction with the property team.
• Oversee that all local leasing retailers are adhering to the company’s Operational Guidelines in conjunction with the property team.
• Manage the collection of weekly/monthly sales reports and payments from all licensees.
• Assist General Manager with accounts receivable efforts for outstanding payment by licensees.
• Maintain continual communications with Leasing Agents and General Manager reg

[…]
om 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 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.

This position is 100% in-office . The role requires working in office during standard business hours. Remote work or telecommuting is not an option for this position.

#ZIP

#IND123
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.