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Senior Retail Leasing Manager - Chicago Illinois
Company: Bridge33 Capital Location: Chicago, Illinois
Posted On: 01/23/2025
JOIN OUR TEAMBridge33 Capitalis a rapidly growing, vertically integrated real estate private equity firm focused on open-air retail real estate. The Company recently raised $458MM in its latest opportunistic fund, marking a key milestone for the company.We are seeking a SENIOR LEASING MANAGER who will be responsible for leasing retail space within the Bridge33 portfolio. This role is based in our Chicago office, with hybrid flexibility. Come make your mark as an integral part of Bridge33 Capital!MISSIONWe build relationships and create value where others don't.KEY PRINCIPLESWe're Better Together - We're Here to Serve - We crush our egos, and we have empathy for teammates - We stay positive - We embrace accountability, and we champion results.ESSENTIAL RESPONSIBILITIES - Drive and execute retail leasing transactions for the Company's existing retail portfolio as well as its prospective acquisitions.
- Cultivate and maintain a deep understanding of the assigned property portfolio including trade areas and competition.
- Identify, research, and develop merchandising and leasing strategies to attract qualified prospects for available spaces in the assigned portfolio.
- Develop business and merchandising plans for each property and utilize market, traffic, and sales data to establish a path to success.
- Canvas, cold call and qualify prospective tenants on a local, regional, and national level through digital and in-person networking.
- Identify and source new tenants and tenant types that will define a new standard for the retail experience at various locations.
- Participate as a thought partner and advisor, communicating effectively within the Company and with external clients, consultants and teams.
- Provide and maintain in-depth knowledge regarding consumers, tenants, market trends, and competitors.
- Work with leasing professionals, property managers, and design & construction teams to ensure that the vision for the property is implemented effectively.
- Collect pertinent financial information and business plans to perform necessary due diligence on prospective tenants.
- Renew existing tenant leases to achieve maximum NOI and non-economic terms while improving tenant retention and relationships.
- Manage applicable 3rd party listing brokers in assigned portfolio.
- Work with Asset Management and Finance in evaluation of all deals including impact to the property and the company.
- Budget and forecast for assigned portfolio.
- Generate production/activity reports.QUALIFICATIONS
- A minimum of 5 years relevant experience in a retail-focused role; and a bachelor's degree highly preferred.
- Ability to develop strong relationships and build appropriate rapport as well as constructive relationships internally and externally.
- Demonstrated track record of relevant retail leasing transactions and deep retail market knowledge.
- Strong integrity and work ethic.
- Comfortable working in a high growth organization.
- Ability to communicate clearly and effectively, both orally and in writing, with different audiences within and outside the organization.
- Exceptional written, interpersonal, presentation, and communication skills.
- Team player who is organized, proactive, and works well with others.
- Genuine enthusiasm and curiosity for retail real estate as an investment class.WHAT WE OFFER
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