General Manager
About This Opportunity
At Regency Centers, our people are our greatest asset, and we believe that our highly skilled and talented team makes us better. We are seeking a General Manager to join our regional office located in Arlington, VA. The General Manager will be responsible for maximizing NOI and managing property operations, maintenance, and events for The Crossing Clarendon shopping center, as well as other future assigned high-profile assets.
What You’ll Be Doing
Execute strategic business plan for assigned asset(s).
Drive decisions with regard to fiscal and physical performance of the assigned asset(s) (i.e. Reduce open A/R balance, increase income, grow rents, manage operating expenses, analyze troubled tenants and make recommendations, and prepare budgets, monthly and annual financial reports) in accordance with NOI objectives.
Establish meaningful relationships with, and understand the business, of all our merchants and restaurants by gathering and analyzing information from such to maximize the sales productivity of the property.
Increase the velocity, volume and quality (e.g. matching consumers with merchants and driving sales) of consumer traffic to the property. This includes enhancing the consumer experience and promoting repeat traffic.
Maximize property cash flow by managing CAM and operating costs, identifying and implementing cost-saving programs, and, where appropriate, identifying and executing value-added opportunities.
Oversee the day-to-day functioning of the residential rental component through a third-party real estate management company where applicable in a class A manner.
Responsible for properties' physical plant (i.e. Property inspections, bidding contracts, signage approval, make improvements through capital expenditures, ensure safety of center).
Oversee tenant improvements to ensure in accordance with lease, building standards and local code requirements.
Manage capital expenditure projects in collaboration with construction and/or tenant improvement team.
Collaborate with development and construction team on development/redevelopment projects on assigned asset(s).
Manage and develop special assets team to ensure that production goals, accuracy and customer service is optimal for assigned properties.
Establish relationships with the local community (residents, community groups, politicians, businesses, etc.) to advance the strategic plan. (i.e. Address and follow up on tenant complaints, understanding of tenants' business, active participation in community/HOA meetings & events)
Develop and implement marketing plan for assigned asset(s) and oversee marketing events to enhance consumer experience and drive traffic to the center(s).
Work on special projects/ongoing initiatives according to current needs.
Secure and drive new as well as renewal ancillary income & sponsorship opportunities to maximize value and merchandising for the asset according to plan. Collaborate with leasing team on tenant selection, lease renewals.
Are You Qualified?
Bachelor’s degree in Real Estate, Business Administration, Finance, Accounting, Marketing or related field
Real estate license preferred
Member of ICSC and regularly attends local events preferred
At least 5 years of property management experience, to include supervisory experience
Retail Property management experience, including management of Mixed-Use developments (multi-family, office, medical)
Experience with social media and event management
Quantitative and analytical skills
Knowledge of GAAP, leasing, contracts and industry-related terminology
Intermediate level proficiency with current Microsoft Office software, email and internet research functionality
Strong written and verbal communication skills
Working knowledge of JD Edwards or other accounting software preferred
A Little Bit About Us
We own and operate premier shopping centers in suburban neighborhoods in the top cities and markets across the country. We live by a strong set of values, which have guided us for more than 60 years. Our centers thrive with highly productive grocers, restaurants, service providers, and terrific retailers that connect to their communities and customers. We are also active developers of new shopping centers that feature great merchandising, placemaking, and customer engagement as part of our Fresh Look™ program. We are a vertically integrated real estate company and a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member.
Benefits
Our compensation and benefits package is very competitive and includes the following benefits and more. For additional information visit www.regencycenters.com/careers.
- 23+ PTO days annually
- 11 paid holidays (in addition to PTO)
- Paid leave programs (parental, compassion, bereavement, jury duty, and military)
- Health Advocacy + Employee Assistance Program (EAP)
- Health Savings Account (HSA), Health Care FSA, and Dependent Care FSA
- 100% company-paid Life Insurance/AD&D and Disability Insurance
- Voluntary benefits (supplemental life/AD&D, critical illness, accident, hospital indemnity, and identity theft)
- Student loan repayment resources
- Medical, Dental and Vision Insurance
- Award-winning and incentives-based wellbeing program through Personify Health
- Family planning, mental health, and pain management programs
- Community-focused 52 hours per year of paid Volunteer Time Off
- Company gift matching
- Growth and Development
- Tuition reimbursement
- Continued education opportunities
- LinkedIn Learning premium subscription
- Professional membership support
- Employee Resource Groups
Work/Life Balance
Regency Centers is an equal opportunity employer. Qualified applicants will receive consideration without regard to age, race, color, religion, sex, gender identity, sexual orientation, disability, national origin, or protected veteran status. Applicants are encouraged to confidentially self-identify as to disability and/or protected veteran status when applying. Employment is contingent upon successful completion of background investigation. Regency Centers is a smoke-free and drug-free workplace. Pre-employment drug screening is required. No recruiters or agencies without a previously signed contract. Only candidates whose profiles closely match requirements will be contacted during this search.