Jobs · Management · Illinois

VP of Leasing

DLC Management Corp. · Chicago, IL · 3 wk ago
Management$175k–$200k/yrFull-time
Why DLC? DLC is proud to be certified as a Great Place to Work and is driven by a strong culture and entrepreneurial foundation. DLC is one of the nation's leading owners and operators of open-air retail shopping centers and has expertise in all facets of commercial real estate. At DLC, our teammates make all the difference and we offer industry-leading training and career development to assure your success. What We Offer Compensation and Benefits:Competitive pay401K company matchMedical, Dental, and Vision InsuranceWork-Life Balance:Hybrid work model20+ paid days off annually13+ paid holidays in addition to PTOPaid parental leaveCareer Development:Industry-leading training and developmentOpen door policyIndustry trade shows and event accessMentorship program About The Role The VP of Leasing is responsible for overseeing and executing a strategic leasing plan for a portfolio of properties. Responsibilities Develop and execute leasing strategy for assigned properties in DLC’s portfolioIdentify market trends and use data to inform leasing decisionsBuild and maintain strong relationships with tenants, including local tenants and national retailers, brokers, and internal teammates within all disciplinesNegotiate LOI’s and lease terms for deals within assigned propertiesPartner with Legal department to ensure leases are drafted properly and executed timelySubmit LPA’s in CRM for each fully negotiated LOI at propertiesReview/approve LPA’s for renewal/new deals submitted by Renewal Manager/internal Leasing Reps Manage and provide direction to internal Leasing Representatives and outside brokers on active and potential dealsConduct quarterly property visits/market tours with brokers/internal Leasing Reps to evaluate changes in the market and talk through strategy on lease-up of every vacancyDevelop and manage property-level annual leasing budgets that align with overall property strategy/business plan Review and analyze data and leasing market trends to optimize pricing strategies and lease structureAttend weekly property acquisition calls to provide updates on Leasing activity Conduct on-site and phone interviews with national retailers for tenant interviews during the due diligence process for acquisitionsParticipate in monthly calls with JV Partners to walk through leasing pipeline Conduct monthly renewals call with Renewal Manager, Head of Leasing and other VP’s of Leasing to coordinate upcoming action planCoordinate with Property Management on resolving active issues to ensure assets are functioning in a first-class mannerCoordinate with Property Management on GWO deals and inform them on timing of deal completion to begin their workCollaborate and coordinate with internal departments during acquisition process and when tenants are vacating a space Soft Skills/Behaviors Ability to motivate the team to deliver resultsAbility to succeed in a fast-paced environmentStrong interpersonal skills with the ability to build relationships at all levels and within all disciplines internally and externallyStrong communication skills, both oral and writtenA forward-thinking, entrepreneurial mindset that seeks to solve challengesCollaborative, respectful, inclusive, positive attitudeStrong sense of urgency and desire to consistently outperformHigh degree of professionalism, integrity, and strong work ethic Technical Skills 5-10 years of Leasing experience Extensive knowledge of retail leasing process, LOI and Lease terminologyAn excellent track record of successfully negotiating leases with national retailersA deep understanding of the entire retail leasing processProficient in Microsoft Office SuiteAbility to travel frequently, as required The expected base salary range for this position is between $175,000 and $200,000 (plus variable compensation including commission and bonus). The actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, market and business considerations and other factors permitted by law. About DLC DLC has grown to be one of the nation’s largest and most sought-after privately held owners, operators and managers of open-air retail shopping centers. DLC has expertise in acquisitions, capital markets, development, redevelopment, architecture, leasing, and management. Founded in 1991, DLC has been one of the nation’s preeminent owners, operators, and managers of shopping centers. Our portfolio includes millions of square feet of attractive retail space and continues to expand as we complete additional acquisitions.

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