Associate, Office Leasing

Responsibilities

• Negotiate deal structure and leases; prepare proposals for new and renewing tenants for assigned space.
• Collaborate with the Related Office team to develop marketing materials and events to lease available space in partnership with architectural/graphic design firms, writing consultants, party planners, and exclusive brokers.
• Conduct financial modeling and analysis relating to all aspects of a transaction using Excel and the net effective rent databases.
• Provide brokerage calculations.
• Analyze, prepare, and implement business plan for assigned portfolio in accordance with established goals and objectives related to leasing activity as defined by the Related Office team.
• Implement leasing and marketing programs including supervision of exclusive brokers on projects.
• Oversee and manage exclusive brokerage relationships, ensuring alignment with Related’s objectives and performance targets.
• Conduct presentations and tours of space to potential user groups, brokerage firms, lenders/investors, and potential tenants.
• Stay up to date on market information, including absorption, market trends, tenants in the market, comps, and market news; prepare reports with relevant statistics.
• Prepare and negotiate Letters of Intent, lease documents, sublease agreements, and commission agreements in coordination with in-house and outside counsel.
• Maintain and monitor the leasing activity and comparable transaction databases.
• Participate in weekly cross functional meetings between Leasing, Construction, and Property Management teams to ensure efficient communication throughout the leasing process.
• Build and maintain active relationships with current tenants and brokerage community.
• Aid in the preparation of lease abstracts.
• Read, analyze and negotiate lease and sublease documents, commission agreements and other agreements in conjunction with in-house and outside counsel.
• Conduct due diligence on current and prospective properties and support the leasing diligence for new acquisitions.
• Represent Related at industry organizations such as REBNY and YMWREA.

Qualifications

• Bachelor’s Degree (BA/BS) required.
• 3 - 7 years of commercial office leasing, brokerage, or other related fields.
• Strong financial acumen with demonstrated experience underwriting and structuring commercial lease transactions.
• Knowledge of the Manhattan office market is strongly preferred.
• Valid Real Estate Salesperson License preferred.
• Ability to manage multiple transactions simultaneously in a fast-paced environment.
• Exceptional analytical, negotiation, and problem-solving skills.
• Strong written and verbal communication skills with the ability to interface confidently with senior leadership, tenants, and brokerage professionals.
• Advanced proficiency in Microsoft Excel and Microsoft Office Suite.
• Willingness and ability to travel as needed.