Specialty Leasing Manager
Seattle, WA
Full Time
Manager/Supervisor
SPECIALTY LEASING MANAGER www.bhproperties.com
COMPANY
BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, and multi-family properties throughout the Western United States, along with investments in distressed debt and ground leases. The Company is vertically integrated, with offices in Los Angeles, San Francisco, Seattle, Riverside, Phoenix, Dallas, and Houston, and can acquire and close transactions without the need for lengthy due diligence periods. Our 32-year track record and balance sheet allow us to move quickly and creatively, structuring acquisitions to satisfy sellers’ needs in a highly competitive market. Today, the Company owns and operates approximately 11M square feet across 18 states.
POSITION
The Specialty Leasing Manager will be primarily responsible for the specialty leasing program to achieve the property’s specialty leasing income and occupancy goals for a dominant in-fill urban retail center. The successful candidate will have worked in a principal and / or brokerage environment sourcing and closing short term retail tenants.
The role is highly visible, both internally and externally, requiring skills and experience in leadership, management, and communication.
LOCATION
Seattle, WA
REPORTING
Senior Asset Manager
RESPONSIBILITIES
KNOWLEDGE / SKILL REQUIREMENTS
COMPENSATION
$75K - $125K
We offer an excellent compensation package along with a chance to grow and develop with a well-capitalized, privately held, entrepreneurial investment group understanding that it is not just a job, but a career. For immediate consideration please submit your resume with salary requirements. Resumes submitted with salary requirements will be considered a priority.
COMPANY
BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, and multi-family properties throughout the Western United States, along with investments in distressed debt and ground leases. The Company is vertically integrated, with offices in Los Angeles, San Francisco, Seattle, Riverside, Phoenix, Dallas, and Houston, and can acquire and close transactions without the need for lengthy due diligence periods. Our 32-year track record and balance sheet allow us to move quickly and creatively, structuring acquisitions to satisfy sellers’ needs in a highly competitive market. Today, the Company owns and operates approximately 11M square feet across 18 states.
POSITION
The Specialty Leasing Manager will be primarily responsible for the specialty leasing program to achieve the property’s specialty leasing income and occupancy goals for a dominant in-fill urban retail center. The successful candidate will have worked in a principal and / or brokerage environment sourcing and closing short term retail tenants.
The role is highly visible, both internally and externally, requiring skills and experience in leadership, management, and communication.
LOCATION
Seattle, WA
REPORTING
Senior Asset Manager
RESPONSIBILITIES
- Identify new and unique prospects for the specialty leasing program and/or permanent leasing.
- Ensure that specialty leasing retailers and amenities enhance the appearance and values of the property.
- Generate alternative revenue through ancillary income opportunities, including advertising and sponsorships.
- Prepare all license documents coordinating the execution of agreements with the general manager and licensees.
- Establish an on-going partnership with licensees to maximize individual store sales through a retailer communication / sales program.
- Work closely with the marketing department to ensure ongoing exposure of the specialty leasing program in the property’s marketing efforts.
- Requiring limited travel, managing the leasing process of other retail properties (depending upon candidates’ qualifications and experience).
- Responsible for analyzing and presenting lease economics for deals being proposed.
- Negotiating Letters of Intent.
- Ensuring the success of a full cycle leasing process including turn-over and ensuring compliance with all requirements of the lease documents.
- Develop relationships with civic and community groups conducive to sourcing opportunities.
- Attend select conferences and industry events.
- Perform routine property inspections to ensure property and vacant suites are show-ready.
- Maintain and expand relationships with our existing tenants and develop relationships as potential specialty tenants.
KNOWLEDGE / SKILL REQUIREMENTS
- Bachelor’s degree in finance, business administration, or related field with a strong record of academic achievement.
- The candidate will likely have had a minimum of 5 years of commercial real estate leasing experience, with a focus on pop-ups, kiosks, specialty leasing, and short-term retail, and/or related experience with a strong background in urban retail centers.
- Possesses existing tenant relationships from which to draw upon.
- Basic understanding of design and construction process.
- Experienced in Yardi, MS Office 365 (MS Teams & other applications), and MS Excel.
- Must be highly organized, detail oriented, and able to manage multiple and concurrent projects to achieve goals.
- Comfortable in a collaborative team-oriented environment.
- Exceptional communication and interpersonal skills.
- 20% Travel.
COMPENSATION
$75K - $125K
We offer an excellent compensation package along with a chance to grow and develop with a well-capitalized, privately held, entrepreneurial investment group understanding that it is not just a job, but a career. For immediate consideration please submit your resume with salary requirements. Resumes submitted with salary requirements will be considered a priority.
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