Director, Leasing
Agree Realty Corporation · Royal Oak, MI · 2 wk ago
On-siteBusiness DevelopmentFull-time
Primary Responsibilities
- Negotiate terms and/or LOIs (Letters of Intent) for leases, renewals, assignments/subleases, and amendments
- Prepare, negotiate, and finalize lease agreements and related documents for new and existing tenants within the company’s portfolio
- Responsible for identifying brokers, negotiating listing agreements, and leasing large box vacancies
- Prepare, negotiate, and finalize B&E lease amendments
- Oversee/ensure accuracy of data within the scope of responsibility of this position including all leasing reports (ex. leasing status & activity report, lease expiration report, lease options report, and vacant space summary) and relevant systems (ex. Pipedrive, ARC, Dynamics 365, etc)
- Identify and qualify the creation of out parcel opportunities throughout the portfolio
- Support the asset management, development, and acquisitions teams in the development of new business initiatives/programs
- Support the Acquisition Team in evaluating markets and providing intel on potential acquisition targets
- Sourcing leads for new acquisitions, DFPs, development, and B&E acquisition opportunities
- Participate in industry related conferences and conventions
- Conduct and participate in portfolio reviews with retailers
- Ensure tenant retention and property income growth within the existing portfolio
- Execute Leasing team processes including LAFs (Lease Approval Forms)
- Responsible for broker contracts, invoice approvals, and broker relationships
- Interact and interface with asset management and with multiple departments within the company including accounting, acquisitions, development, people & culture, IT, and legal to ensure continuity in objectives and goals
- In conjunction with asset management, finance, and dispositions, identify at-risk assets and propose proactive recommendations and plans for under-performing stores
- Establish broker relationships and listing agreements for property dispositions as assigned
- Negotiate Purchase Agreements for dispositions, as assigned
- Excellent sales, management, and leadership skills
- Analytical, detailed oriented, organized, and efficient
- Strategic thinker that can manage multiple projects and priorities
- Self-Motivated, results driven, and can prioritize projects to meet required deadlines
- Superior organizational skills and attention to detail
- Able to identify issues and recommend solutions clearly and concisely
- A passion for retail real estate and brings positive energy to the team
- Bachelor’s Degree in a closely related field required
- Minimum 7 – 10 years’ experience in retail leasing and marketing
- Real Estate License