Company: Simon Property Group Inc
Location: Santa Rosa
Posted on: June 6, 2021
Santa Rosa Plaza
Location of this position is flexible.
This position is responsible for the consistently high
production of deals in leasing space in new and existing regional
malls. Simon Property Group (SPG) has been named Fortune's Most
Admired Real Estate Company 7 times in the last decade. This is a
resume-building opportunity to work with the #1 real estate
developer in the world and one of the best leasing teams in the
The successful candidate's responsibilities will include, but
not be limited to:
Cultivates desirable prospective tenants; sells them on the
advantages of wanting to be located in SPG center; responds to
inquiries from retailers wanting to locate in SPG centers.
Qualifies potential tenants by reviewing their financial
statements and checking references; negotiates terms of lease on
behalf of SPG for highest return to the Owners, including such
items as space, basic and percentage rent, term of lease, extra
charges, construction allowances, etc; reviews with immediate
supervisor and obtains approval of next level of management.
Communicates and coordinates with the Legal department to have
documentations prepared incorporating the terms agreed upon and
appropriate to the specific property; initiates preparation of
tenant space; notifies construction department to send shell
drawings and Constructions guidelines to tenant.
Canvasses the market to identify potential tenants; visits
existing retail facilities in the center's community and
neighboring communities at local shopping centers, central business
districts and suburban retail areas; contacts retailers by phone or
in person to obtain additional information and assess the level of
interest on the part of the retailer and SPG in leasing space;
reviews industry publications to identify potential national and
regional tenants and maintain an awareness of industry trends.
Evaluate retailers for their desirability as tenant in a
specific SPG center; evaluates general merchandise and brands
carried, price points, level of service offered, store design and
general store appearance; maintains records of potential tenants
for future reference; assists Mall Managers in existing centers in
the identification of desirable retailers to fill vacant
Develop leasing plans for new centers; reviews center
performance and consults with the appropriate VP, Development to
determine required rent per square foot; consults with Property
Management for an estimate of CAM charges and taxes, and with
Energy Engineering for central system charges; review market
research and consults with retail in the area, and the type of
tenant desired or recommended; identifies desirable space location
fort tenants in each category throughout the center based on
planned merchandise mix and traffic flow.
Attends leasing conventions and other industry events in order
to represent SPG and its properties: creates interest in SPG
properties and shares information on new and exiting developments
with interested parties canvasses for potential tenants; exchanges
information on industry trends.
Communicates with and reports to partners, lenders, and others
as applicable, the status of leasing activity, as needed.
- Prepares annual budgets on center by basis for review and
approval by senior management.
Problem Solving Environment
2-4 years retail leasing/selling experience
Working knowledge of merchandising mix and retailing
Working knowledge of deal structures and lease terminology
Negotiation and closing skills
- Well-developed oral and written communication skills.
Keywords: Simon Property Group Inc, Santa Rosa , Leasing Representative, Other , Santa Rosa, California
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