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Specialty Leasing Manager
Grand Rapids, MI
Job Description
JLL has a great opportunity to join our Retail Property Management Team at in Grandville, MI.
The Specialty Leasing Manager will be responsible for the specialty leasing program to achieve specialty leasing income, ancillary income and occupancy goals for a portfolio of properties. Primary responsibilities include the ongoing licensing of the common area, temporary kiosks, temporary inline stores, and ancillary income. Other accountabilities include budgeting, financial reporting and forecasting. Must demonstrate the ability to juggle responsibilities, prioritize tasks and manage time effectively.
What You'll Be Doing
Specialty Leasing
Identify new and unique prospects for the specialty leasing program and/or permanent leasing.
Ensure that specialty leasing retailers and amenities enhance the appearance and values of the shopping center and meet JLL's visual merchandising requirements and standards of professionalism.
Maintain ongoing communication with permanent leasing agent to ascertain space availability, merchandise mix goals, and incubation candidates.
Generate alternative revenue through ancillary income opportunities including but not limited to advertising and sponsorships.
Oversee all specialty leasing retailers to ensure adherence to the property's Operational Guidelines and Design Criteria.
Prepare license agreement documents in JLL's DealTrak or JLL's Yardi Retail Manager system upon program transition. Coordinate the execution of agreements with the General Manager and the Licensee.
Coordinate all national deals with the Regional Specialty Leasing Manager.
Identify new and unique prospects for the specialty leasing program and/or permanent leasing.
Ensure that specialty leasing retailers and amenities enhance the appearance and values of the shopping center and meet JLL's visual merchandising requirements and standards of professionalism.
Other responsibilities as assigned
Marketing
Work closely with the marketing department to ensure ongoing exposure of the specialty leasing program in the mall's marketing efforts, including but not limited to in-mall signage and digital media.
Develop and maintain an appropriate level of involvement in community activities representing the property and JLL
Accounting
Monitor, control, and adjust, as appropriate, specialty leasing budgets and forecasts and ancillary income goals to meet year-end projections in partnership with each property's General Manager.
Process all license agreements in accordance with JLL Accounting and with JLL's Data Management procedures.
Assist in collecting monthly sales reports from Licensees and generate a sales report, ensuring all percentage rent and percentage in lieu is billed appropriately and timely
Assist in ensuring rent is collected timely from all Licensees adhering to the Specialty Leasing A/R Policies & Procedures
Operations
Ensure each licensee has provided the appropriate Certificate of Insurance.
Coordinate the set-up, relocation, and breakdown of specialty leasing Licensees.
Ensure that JLL Core Practices are followed.
Support the property team to maintain appropriate client and tenant satisfaction ratings.
What We're Looking For
Bachelors Degree preferred
Experience in managing budgets and forecasts
Excellent interpersonal and communication skills (verbal and written)
2+ years of strong deal making, prospecting, networking and leasing experiences
Must have strong closing skills
Extensive knowledge of retail trends and merchandising nationally and locally
Motivated self-starter
Effective organizational and time-management skills
Real Estate license required within 120 days.
What's In It For You
Join an industry leader and shape the future of commercial real estate
Deep investment in cutting-edge technology to power your work
Comprehensive and competitive benefits plan
A supportive, caring and diverse work environment designed for your growth and well-being
JLL Is an Equal Opportunity Employer JLL is committed to developing and maintaining a diverse workforce. JLL strongly believes in equal opportunity extended to all individuals in all aspects of the employment relationship, including recruitment, hiring, training, promotion, transfer, discipline, layoff, recall and termination without regard to race, color, religion, belief, creed, age, sex, pregnancy or maternity (including childbirth and related conditions), family responsibility (e.g. child care, elder care), nationality, ethnic or national origin or ancestry, citizenship, marital status, civil partner status, sexual orientation, gender identity or expression, transgender status, veteran’s status, genetic information, trade union membership, social position, political view or status as a qualified individual with a disability, protected leave status or any other protected characteristic in accordance with applicable law. The company also endeavors to make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodations would impose an undue hardship on the operation of our business and ensures that employment decisions are based only on valid job requirements.
The Specialty Leasing Manager will be responsible for the specialty leasing program to achieve specialty leasing income, ancillary income and occupancy goals for a portfolio of properties. Primary responsibilities include the ongoing licensing of the common area, temporary kiosks, temporary inline stores, and ancillary income. Other accountabilities include budgeting, financial reporting and forecasting. Must demonstrate the ability to juggle responsibilities, prioritize tasks and manage time effectively.
What You'll Be Doing
Specialty Leasing
Identify new and unique prospects for the specialty leasing program and/or permanent leasing.
Ensure that specialty leasing retailers and amenities enhance the appearance and values of the shopping center and meet JLL's visual merchandising requirements and standards of professionalism.
Maintain ongoing communication with permanent leasing agent to ascertain space availability, merchandise mix goals, and incubation candidates.
Generate alternative revenue through ancillary income opportunities including but not limited to advertising and sponsorships.
Oversee all specialty leasing retailers to ensure adherence to the property's Operational Guidelines and Design Criteria.
Prepare license agreement documents in JLL's DealTrak or JLL's Yardi Retail Manager system upon program transition. Coordinate the execution of agreements with the General Manager and the Licensee.
Coordinate all national deals with the Regional Specialty Leasing Manager.
Identify new and unique prospects for the specialty leasing program and/or permanent leasing.
Ensure that specialty leasing retailers and amenities enhance the appearance and values of the shopping center and meet JLL's visual merchandising requirements and standards of professionalism.
Other responsibilities as assigned
Marketing
Work closely with the marketing department to ensure ongoing exposure of the specialty leasing program in the mall's marketing efforts, including but not limited to in-mall signage and digital media.
Develop and maintain an appropriate level of involvement in community activities representing the property and JLL
Accounting
Monitor, control, and adjust, as appropriate, specialty leasing budgets and forecasts and ancillary income goals to meet year-end projections in partnership with each property's General Manager.
Process all license agreements in accordance with JLL Accounting and with JLL's Data Management procedures.
Assist in collecting monthly sales reports from Licensees and generate a sales report, ensuring all percentage rent and percentage in lieu is billed appropriately and timely
Assist in ensuring rent is collected timely from all Licensees adhering to the Specialty Leasing A/R Policies & Procedures
Operations
Ensure each licensee has provided the appropriate Certificate of Insurance.
Coordinate the set-up, relocation, and breakdown of specialty leasing Licensees.
Ensure that JLL Core Practices are followed.
Support the property team to maintain appropriate client and tenant satisfaction ratings.
What We're Looking For
Bachelors Degree preferred
Experience in managing budgets and forecasts
Excellent interpersonal and communication skills (verbal and written)
2+ years of strong deal making, prospecting, networking and leasing experiences
Must have strong closing skills
Extensive knowledge of retail trends and merchandising nationally and locally
Motivated self-starter
Effective organizational and time-management skills
Real Estate license required within 120 days.
What's In It For You
Join an industry leader and shape the future of commercial real estate
Deep investment in cutting-edge technology to power your work
Comprehensive and competitive benefits plan
A supportive, caring and diverse work environment designed for your growth and well-being
JLL Is an Equal Opportunity Employer JLL is committed to developing and maintaining a diverse workforce. JLL strongly believes in equal opportunity extended to all individuals in all aspects of the employment relationship, including recruitment, hiring, training, promotion, transfer, discipline, layoff, recall and termination without regard to race, color, religion, belief, creed, age, sex, pregnancy or maternity (including childbirth and related conditions), family responsibility (e.g. child care, elder care), nationality, ethnic or national origin or ancestry, citizenship, marital status, civil partner status, sexual orientation, gender identity or expression, transgender status, veteran’s status, genetic information, trade union membership, social position, political view or status as a qualified individual with a disability, protected leave status or any other protected characteristic in accordance with applicable law. The company also endeavors to make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodations would impose an undue hardship on the operation of our business and ensures that employment decisions are based only on valid job requirements.
Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
Open
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