Senior Associate for Leasing

CIM Group® is a premier full service urban real estate and infrastructure fund manager with approximately $20.5 billion of assets under management. Since its founding in 1994, CIM has been a process- and research-driven investor that mitigates risk through the fundamental analysis of the long-term drivers in communities.

Responsible for assisting the VP, Leasing in day-to-day activities related to: the execution of the marketing and leasing strategy for commercial real estate properties. Will be exposed to the entire leasing process (start to finish) from generating initial prospect interest through qualification, lease negotiation and document execution. Will learn and be mentored by VP, Leasing.

• Working under the direction of the Vice President, Leasing, assists in executing the marketing and leasing strategy for the region. Will learn to make recommendations and assist in the coordination of property improvements designed to supplement the leasing process
• Provide relevant analytics for contemplated lease transaction against budget projection and market.
• Maintain property visibility with the local brokerage and prospect community to maximize property exposure in the market place
• Research and stay abreast of comparable properties, their pricing and competitive positions, to maximize occupancy and financial performance of company’s properties relative to the competition.
• Budget expected property rental rates and leasing costs (tenant improvements, commissions and landlord costs)
• Participate in the acquisition due diligence process for new assets
• Analyze rental rates and improvements for landlord acceptable leases
• Maintain stacking plans
• Provide timely communication with all leasing process stakeholders on status of lease transactions
• Maintain a system for filing copies of all electronic and written leasing materials and correspondence
• Ensure compliance with CIM standards for leases, letters of intent, approval forms, and deal sheets
• Manage leasing process
• Help negotiate leases, renewals and expansions
• Coordinate with legal counsel to prepare lease documents
• Coordinate weekly/biweekly leasing calls with third-party brokers and Investment teams and handle the distribution of leasing reports

• BS/BA required
• Associate: no more than 3 years’ experience in Leasing
• Senior Associate: 3 to 5 years’ experience in Leasing
• Knowledge and understanding of the commercial leasing process
• Knowledge and understanding of space planning and tenant improvement process
• Knowledge and understanding of real estate law, finance and accounting
• deally, proficient with various lease types (Gross, Modified Gross and NNN)
• Proficiency with Microsoft Excel, Word and Outlook. Experienced with spreadsheets, word processing and web-based marketing software