Leasing Associate
Heritage Companies · Albuquerque, NM · 1 mo ago
On-siteSales$55k/yrFull-time
About the role
Heritage Real Estate Company is seeking a dynamic and entrepreneurial Specialty Leasing Associate to lead short-term leasing and engagement efforts across a growing portfolio of mixed-use properties, retail centers, historic spaces, and hospitality-driven environments. This is a relationship-driven, field-oriented position focused on generating new income and vibrancy through the strategic placement of retail, dining, entertainment, and shared workspace concepts. The ideal candidate thrives on in-person networking, creative deal-making, and community engagement, and is energized by building a program from the ground up. Work will occur primarily in Albuquerque, NM.
Essential Duties & Responsibilities
- Sales, Prospecting & Business Development (Primary Focus)
- Aggressively generate new leasing opportunities through cold calling, door-to-door canvassing, in-person outreach, street-level prospecting, networking, referrals, and community engagement.
- Build and maintain a self-sourced sales pipeline for retail, food, coworking, and office space leasing.
- Identify, qualify, and pursue local, regional, and national tenants aligned with each property’s positioning and financial goals.
- Leverage digital platforms, social media, and online lead sources to supplement outbound sales efforts.
- Actively work to reduce vacancy and downtime through consistent deal flow and follow-up.
- Pitching, Negotiation & Lease Execution
- Create, customize, and deliver strategic in-person and virtual tours and sales presentations to identify prospect needs, overcome objections, and drive lease commitments.
- Prepare, negotiate, and close lease and license agreements in coordination with internal teams.
- Clearly communicate pricing, terms, timelines, and expectations throughout the sales process.
- Identify and capitalize on opportunities to convert short-term users or coworking clients into longer-term office or retail leases when appropriate.
- Agreements, Accounting & Revenue Follow-Through
- Prepare and manage specialty leasing agreements, ensuring accuracy, approvals, and compliance.
- Coordinate lease setup with Accounting and Property Management, including rent schedules, deposits, and billing terms.
- Ensure timely invoicing and rent collection; follow up on outstanding balances as needed.
- Maintain organized, auditable records of agreements, amendments, renewals, and expirations.
- Revenue Management & Reporting
- Own leasing activity targets and contribute directly to occupancy and revenue goals.
- Track prospects, executed deals, expirations, renewals, and downtime.
- Maintain a current and accurate sales pipeline, including projected revenue and anticipated close timelines.
- Provide regular pipeline updates, deal status reporting, and revenue forecasts to leadership.
- Collaborate with Leasing and Leadership on pricing strategy, deal structures, and tenant mix recommendations.
- Meetings, Communication & Internal Alignment
- Participate in weekly leasing and sales meetings, providing updates on pipeline activity, active negotiations, and forecasted revenue.
- Attend property-level meetings, strategy sessions, and leadership meetings as requested to align specialty leasing efforts with asset and company goals.
- Prepare and present pipeline summaries, deal recaps, and market insights to internal stakeholders.
- Maintain consistent communication with Leasing, Marketing, Property Management, Accounting, and Leadership to ensure coordinated execution and accountability.
- Special Projects & Activations (As Needed)
- Support short-term activations, pop-ups, or special leasing initiatives when aligned with asset strategy.
- Coordinate onboarding and execution for special projects in partnership with internal teams.
- Cross-Functional Collaboration
- Work closely with Marketing to develop sales materials and outreach tools.
- Partner with Property Management and Operations to ensure smooth tenant onboarding and ongoing success.
- Maintain open communication with internal stakeholders to support overall asset performance.
- Additional Expectations
- Operate with a full-cycle sales ownership mindset— from initial outreach and qualification through executed agreement, rent collection, and onboarding.
- Thrive in a fast-paced, performance-driven, quota-oriented environment with clear accountability for activity, conversion, and revenue results.
- Maintain urgency and responsiveness, adapting quickly to shifting priorities, prospect needs, and deal timelines.
- Willing and available to work evenings and weekends as needed to support prospecting, tours, meetings, and deal execution.
- Represent the Heritage brand with professionalism, confidence, and credibility in all prospect, tenant, and partner interactions.
- Actively seek and apply feedback and coaching, taking strategic direction from leadership to continuously improve sales effectiveness and results.
- Take on additional responsibilities and special initiatives as needed to support portfolio performance and business objectives.
Compensation
- Base salary of $55,000 per year.
- Performance-based incentive compensation tied directly to new leasing revenue generated by the Specialty Leasing Associate.
- Incentive compensation is earned through self-sourced and closed deals and scales with production; no cap on upside.
Requirements
- Education & Experience
- 2–3+ years of sales, leasing, or business development experience in a target-driven environment, with a strong emphasis on outbound prospecting and deal closure.
- Prior experience in retail leasing, office leasing, coworking, commercial real estate, or B2B sales strongly preferred.
- Demonstrated success in cold calling, in-person sales, negotiating, and closing transactions.
- Experience managing agreements, coordinating billing, and following deals through to revenue collection preferred.
- Core Competencies
- Highly motivated, goal-oriented, and driven by measurable results.
- Strong “hunter” mentality with confidence in cold outreach and face-to-face sales.
- Financially savvy with the ability to evaluate concepts through a revenue and ROI lens.
- Polished communicator with strong presentation, persuasion, and negotiation skills.
- Entrepreneurial, proactive, and comfortable owning outcomes from start to finish.
- Strong organizational skills with the ability to manage multiple deals simultaneously.
- Technical Skills
- Proficient in Microsoft Office Suite (Excel proficiency required).
- Comfortable using CRM systems, spreadsheets, and sales tracking tools.
- Skilled in leveraging social media and digital platforms for lead generation.
- Ability to walk properties and inspect spaces; occasional lifting up to 40 lbs.
- Willingness to work occasional evenings, weekends, or holidays for events.
- Valid driver’s license required; local travel expected.
- Additional Requirements
- Ability to inspect spaces and walk properties regularly; role may involve standing, walking, and lifting up to 40 lbs.
- Ability to work occasional nights, weekends, or holidays as needed for events or deadlines.
- Valid driver’s license required; some local travel may be necessary.
- Must present a courteous, professional demeanor at all times.
- English fluency required; multilingual abilities are a plus.