Vice President, Leasing

CIM Group

(Bethesda, Maryland)
Full Time
Job Posting Details
About CIM Group
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.
Summary
Working with the Asset Manager, has overall responsibility for setting the strategy and direction of commercial/retail leasing function for the region/asset class. Is responsibility for the execution of the marketing and leasing strategy for commercial real estate properties within assigned region. Oversees the entire leasing process (start to finish) from generating initial prospect interest through qualification, lease negotiation and document execution. Manages and supervises both junior leasing professionals as well as third-party brokers. The VP of Leasing handles the more complex lease negotiations, higher square footage and volume of leasing activity than junior leasing professionals.
Responsibilities
* Execute the marketing and leasing strategy. Working with the Asset Manager and Investment Leads, makes recommendations and assists in the coordination of property improvements designed to supplement the leasing process * Maintain property visibility with the local brokerage and prospect community to maximize property exposure in the market place * Stay abreast of comparable properties, their pricing and competitive positions, to maximize occupancy and financial performance of company’s properties relative to the competition. * Working with Development/Construction and the Asset Manager, assists in and helps expedite the space planning process and tenant improvement process to maximize speed to lease. * Participates in the acquisition due diligence process including but not limited to; market data analysis, leasing rates, marketing strategy and leasing velocity. * Responsible for understanding and interpreting pro forma requirements and lender obligations. * Budgets expected property rental rates and leasing costs (tenant improvements, commissions and landlord costs). * Maintains stacking plans. * Manages leasing process, including but not limited to: * Negotiates leases, renewals and expansions * Works with legal counsel to prepare lease documents * Coordinates weekly/biweekly leasing calls and with third-party brokers and Investment teams and the distribution of leasing reports * Coordinates space planning with prospective tenants **Supervisor Responsibilities:** * Oversees the work of Leasing staff including assignment of work, setting performance expectations and providing timely and accurate feedback. * Primary oversight of relationships with third-party brokers
Ideal Candidate
* BS/BA required * Minimum of seven to ten years of leasing experience * Demonstrated knowledge of the commercial leasing process * Demonstrated knowledge of space planning and tenant improvement process * Demonstrated knowledge and understanding of real estate law, finance and accounting * Knowledge of MS Office software including but not limited to Outlook and Excel, including demonstrated computer literacy in using spreadsheets and word processing. * Knowledge of web-based marketing software and related tools * Knowledge of document management software such as SharePoint
Compensation and Working Conditions
Benefits Benefits included

Additional Notes on Compensation

Great opportunities for growth and career mobility. Pay and promotion based on performance. 401K matching; competitive medical, dental and vision plans. Opportunity to participate in leadership development programs.

Questions

Answered by on
This question has not been answered
Answered by on

There are no answered questions, sign up or login to ask a question

Want to see jobs that are matched to you?

DreamHire recommends you jobs that fit your
skills, experiences, career goals, and more.