Senior Manager, Leasing
4 weeks ago
Triovest, one of the largest privately-owned Canadian commercial real estate companies, is seeking a Senior Manager, Leasing at our downtown Toronto office.
In this role, you will be responsible for leasing and marketing a portfolio of industrial properties located throughout the Greater Toronto Area. You will have a successful track record in executing lease transactions with a solid understanding of the industrial market, and expertise in collaborating with internal and external teams. You will demonstrate knowledge and application of market trends, market rents, market conditions, accounting reporting, and understanding market value principles.
KEY RESPONSIBILITES
- Manage a high-volume of deal flow from small to medium size leases.
- Maintain constant communication with the brokerage community and prospective tenants directly, through meetings, presentations, real estate organizations, mailings, etc.
- Conduct tours of vacant space with prospective tenants.
- Leasing of assigned properties and/or space to prospective tenants.
- Demonstrate in-depth knowledge of the market and buildings being represented and undertake financial analysis of prospective deals.
- Prepare financial analysis of prospective deals; proposals, offers to lease and other documents relating to incoming or existing tenancies and summarize benefits and risks when presenting transactions for approval.
- Prepare monthly and/or quarterly activity reports, leasing and/or income projections and market analyses.
- Prepare annual budgets, annual plans and assist with monthly and quarterly reports. Manage and monitor annual budgets to ensure targets are being met.
- Effectively handle negotiations, prepare proposals, prepare responses to proposal requests and other documents relating to incoming new deals or existing tenant renewals.
- Meet with tenants on a regular basis to promote landlord/tenant relations.
- Work with marketing to update leasing information on corporate website.
- Contribute to the overall business strategy of this portfolio to ensure that leasing objectives are achieved and a local presence is established within the industry.
- Manage external listing teams where applicable.
- Provide comprehensive business solutions including strategic advice on: industry trends, market information, leasing activity, competitive set and building conditions.
- Collaborate and consult with asset management to deliver transactions and solutions that are aligned with the clients business needs and goals.
- Work with Property Management, Construction and other internal departments for tenant issues, building conditions including: tenant construction, landlord work, tenant retention and engagement initiatives, arrears, subleases, early terminations, etc.
- Maintain, manage, measure, and evaluate the performance of the transaction process.
- Continue to build a culture of service excellence, high-performance and flexibility with all business partners.
QUALFICATIONS & ATTRIBUTES
- Three to five (3-5) years of industrial leasing experience working with an institutional landlord and/or client representation.
- The ability to perform at a fast and accurate pace with a full range of leasing functions on an end to end basis.
- Sound knowledge of legal documentation, specifically offers to lease, lease agreements, sublease agreements, consent forms, etc.
- Strong analytical skills and ability to understand, interpret and analyze financials of lease deals and market research data.
- Highly proficient in Microsoft Excel and PowerPoint.
- Strong negotiation skills with the ability to close lease transactions.
- Strong networking and relationship development skills.
- Strong interpersonal skills with an outstanding level of integrity to gain the trust and respect of internal and external stakeholders.
- A strong communicator who can effectively communicate complex issues into clear and actionable recommendations in a clear and concise writing style.
- Extraordinary team player and ability to thrive in a fast-paced environment.
- Strong relationship management with the desire to establish collaborative working relationships internally and externally.
- Highly motivated and results-driven with the capacity to get things done.
- Must be inclusive and supportive of the diversity within the Triovest team.
- Effective time management and organization skills, with exceptional attention to detail and accuracy.
- Professional and a constant ambassador of the organization. Adheres to the highest level of personal and professional integrity.
We ask that interested candidates please submit their applications no later than May 17, 2024. Apply now at triovest.com/careers.
Triovest is an Equal Opportunity Employer
We are committed to creating a culture of equity, diversity, and inclusion, including fostering a safe and respectful environment that allows for diverse perspectives—a work environment in which all employees are valued and have an equal opportunity to achieve success.
Applicants who meet the qualifications will be given fair consideration for employment, free from any form of discrimination based on protected grounds.
We are committed to providing reasonable accommodations throughout the recruitment process and while working at Triovest. If you require support applying online because you are a person with a disability, please email us athrcommunications@triovest.com .
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