Commercial Leasing Associate
LeFrak · New York, NY · 3 mo ago
ManagementFull-time
Essential Job Functions/Responsibilities
- Assist in carrying out the policies and procedures surrounding the day-to-day functions of the Commercial Leasing department as determined by the Leasing Manager.
- Be a self-motivated team member willing to work in a close-knit environment.
- Stay current with trends in today’s market to determine competitive pricing with regards to market rent, tenant improvements, rental abatement, etc.
- Draft leasing forms including but not limited to Letters of Intent (LOI’s) and other related leasing materials.
- Maintain and update a database of prospective clients per building.
- Effectively present prospects and their financial documents (i.e. bank statement, financial statement, etc.), business plans, available financing, and letters of intent to the Leasing Manager.
- Afford assistance in the marketing of each assigned property and ensure accurate and timely updates are made to all collateral, websites, etc. as necessary.
- Draft responses to Request for Proposals (RFPs) in an efficient, professional, and timely manner and present to the Leasing Manager.
- Arrange and perform leasing tours with any client and during all tours, the Leasing Associate shall note any maintenance, repairs, lighting, and overall appearances of properties to ensure listings are being maintained and make appropriate recommendations for modifications to the Leasing Manager.
- Have ongoing communications with existing tenants to discuss renewals, expansions, relocations, and track lease expiration dates.
- Compile and present weekly leasing activity reports to the Leasing Manager.
- Update all stacking plans for buildings as directed by the Leasing Manager.
- Perform commission calculations on an as-needed basis for approval by the Leasing Manager.
Qualifications
- Bachelor's or Master's degree from a four-year college or university required. Master’s degree preferred.
- Up to three (3) years of comprehensive experience in commercial leasing or a related field, or equivalent combination of education and experience, sufficient to perform the essential functions of the job.
Skills
- Strong customer service skills
- Knowledge of lease modeling is a plus
Company Benefits
- Medical
- Dental
- Vision
- 401(k) Plan
- Profit Sharing
- Health Savings Account
- Flexible Spending Accounts for Medical and Dependent Care
- Pre-Tax Transit Program
- Life Insurance
- Accidental Death & Dismemberment Insurance
- Short-Term Disability
- Long Term Disability
- Paid Time Off (PTO)
- Company Paid Holidays