Director, Leasing

Job Posting

Job Location : Corporate Boston

Principal Responsibilities :

The successful candidate's responsibilities will include, but not be limited to :

• Cultivates new and maintains existing relationships with desirable prospective tenants, sells them on the advantages of being located in a Simon Property Group (SPG) center; responds to inquiries from interested retailers.
• Leases new space; develops and executes creative and aggressive leasing strategies which may include re-tenanting, renewals, early renewals, buy-outs, re-locations, new tenants and "packaging".
• Qualifies potential tenants by reviewing their financial statements and checking references; negotiates terms of lease on behalf of SPG for highest return to the Owners; including such items as space, basic and percentage rent, term of lease, extra charges, construction allowances, etc; reviews with immediate supervisor and obtains approval of next level management.
• Communicates and coordinates with Legal department to have documentations prepared incorporating the terms agreed upon and appropriate to the specific property; initiates preparation of tenant space; notifies construction department to send shell drawings and Construction guidelines to tenant.
• Communicates and coordinates with Tenant Improvement and Development groups ensuring that the brands open to the agreed upon timeline.
• Evaluates retailers for their desirability as tenant in a specific SPG center; evaluates general merchandise and brands carried, price points, level of service offered, store design and general store appearance; maintains records of potential tenants for future reference.
• Attends leasing conventions and other industry events in order to represent SPG and its properties : creates interest in SPG properties and shares information on new and existing developments with interested parties; canvasses for potential tenants; exchanges information on industry trends.
• Maintains up-to-date knowledge of retail industry and trends; seeks to learn latest information of retail industry, merchandise and tenants; through trade journals, conventions, newspapers, & personal contacts.

Minimum Qualifications :

The salary range for this position is $100,000 - $250,000. Actual compensation within that range will be dependent upon various factors, including an individual's skills, experience, and qualifications.