Leasing Representative
1 month ago
**Role Summary**:
Reporting to the Leasing Manager, the Leasing Representative will be responsible for leasing-related activities within their specified portfolio and ensuring they meet the strategic goals and growth of the portfolio. They will do this by developing and implementing impactful initiatives and achieving leasing objectives.
**Core Responsibilities**:
- Conduct showings of vacant and expiring units.
Prepare proposals for lease, offers to Lease/Letters of Intent, negotiate terms of offers and leases and obtain Landlord approval of all lease terms.
- Generate leasing assumptions for annual property budgets within the assigned portfolio.
- Communicate with Asset Management to gain an understanding of individual asset plans and gain an understanding of budgeted goals and timelines.
- Assist in the oversight and management of external listing brokers and marketing initiatives within the assigned portfolio.
- Act as liaison between stakeholders, in-house personnel (Property Management, Asset Management, Construction), customers, outside counsel, architects, designers, consultants, brokers, and municipalities to negotiate, organize, track, and support our leasing processes.
- Assist and maintain a central source of market information and knowledge.
Assist in establishing and execute a leasing strategy for buildings within the portfolio for new leases and renewals.
- Timely completion of reports to Asset Management on portfolio lease performance as well as other reports as required for the role.
- Work with Property Management to monitor restoration provisions of expiring customer contracts and ensure that vacancies are returned in the required condition, with restoration negotiations complete before customers vacate units.
- Monitor each vacant unit and upcoming vacant units within the assigned portfolio to assess the need to modify existing improvements to aid the leasing effort.
- Initiate contact with existing customers for lease renewals and negotiate renewal terms.
- Manage the handoff of relevant information to construction, accounting, legal, and property management associated with all new tenants.
- Assist in ensuring available units are top of mind with the local brokerage community; develop and coordinate broker functions and bonus programs
**Required Skills and Experience**:
- Bachelor’s degree in business administration, real estate or a combination of relevant experience;
- Minimum of a 1 to 3 years of experience in a similar capacity or commercial real estate industry, exposure to industrial leasing an asset.
- Knowledge of the commercial leasing process and lease deal negotiation aspects
- Proficiency in the Office Suite
- Excellent customer service and has a tenacious and entrepreneurial approach
- Hold a valid drivers license and have access to a vehicle for frequent travel.
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