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Federal Realty Investment Trust
El Segundo, CA | Full Time
$59k-85k (estimate)
4 Months Ago
Leasing Associate
$59k-85k (estimate)
Full Time 4 Months Ago
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Federal Realty Investment Trust is Hiring a Leasing Associate Near El Segundo, CA

Overview

Federal Realty Investment Trust is a proven leader in the ownership, operation, development and redevelopment of premium retail real estate in the country's best markets. We consider ourselves one of the most innovative and dynamic real estate companies one can work with. Interested candidates who research Federal Realty learn about our high quality community shopping center and mixed use property portfolio. While Federal Realty is one of the largest publicly traded real estate investment trusts in the country, as measured by the value of our assets, we're functionally a small company by most standards and we operate that way. We encourage you to look us up on LinkedIn and follow Federal Realty Investment Trust.

We are currently looking for a dynamic, motivated Leasing Associate with retail leasing experience who thrives in a fast-paced environment to join our West Coast leasing team. This role is based in El Segundo, California and is responsible for the leasing activities related to our grocery-anchored and lifesyle shopping center portfolio of retail space in our multi-property portfolio in the West Coast region. Successful candidates must have past experience leasing shopping centers and be able to provide a deal sheet.

Responsibilities

  • Leasing responsibility for retail shops in a multi-property portfolio in the West Coast region.
  • Daily responsibility for the tasks necessary to accomplish leasing goals, including, but not limited to, canvassing, setting up meetings, showing space, preparing and negotiating proposals, obtaining market comparables, and other follow up as necessary.
  • Canvas local, regional, and national retailers, through cold calling and relationship building.
  • Maintain solid understanding of competitive properties, market knowledge and critical market dynamics.
  • Participate in the creation of leasing budgets and leasing assumptions to ensure timely completion of deals creating long-term value for the portfolio.
  • Prepare monthly leasing reports and merchandising category hit lists.
  • Oversee tenant negotiations for specific spaces from the Letter of Intent process through to lease execution working closely with the legal team on all lease negotiations.
  • Interact and build relationships with the brokerage community and effectively articulate features, attributes, benefits and availabilities at the various properties.
  • Perform other duties and responsibilities, as required.

Qualifications

  • 3-5 years of commercial real estate experience as a leasing agent working with local, regional and national tenants
  • Bachelor's Degree in Business, Marketing, Communications or similar field required, or equivalent combination of education and work experience
  • Proven ability to develop and maintain relationships with clients and retailers across a broad spectrum of categories and price points
  • Must be a team player with a strong work ethic and demonstrated ability to work independently and in a team environment
  • Excellent verbal and written communication skills with the demonstrated ability to present effectively one-on-one and in groups
  • Proven ability to manage and communicate effectively with all levels of employees, customers and stakeholders
  • Proven ability to use judgment and discretion to make the appropriate decision regarding merchandising at different locations
  • General knowledge of merchandising and experience with short and long term merchandising strategies
  • Ability to understand the current and future impact of all negotiated decisions
  • Must have effective selling, negotiating, and closing skills that support Federal’s business philosophies
  • Ability to multitask with strong problem solving, organizational and project management skills

Salary: Typical pay range is $75,000-$90,000 annually plus commissions. Salary is determined by job-related skills, experience, and relevant education or training.

Federal Realty Investment Trust is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, or protected Veteran status.

Federal Realty Investment Trust does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Federal Realty Investment Trust and Federal Realty Investment Trust will not be obligated to pay a placement fee.

If you are unable to submit your application online, please call 301-998-8100.

Job Summary

JOB TYPE

Full Time

SALARY

$59k-85k (estimate)

POST DATE

01/12/2023

EXPIRATION DATE

04/03/2023

WEBSITE

federalrealty.com

HEADQUARTERS

WYNNEWOOD, PA

SIZE

200 - 500

FOUNDED

1962

CEO

ED MC LAUGHLIN

REVENUE

$500M - $1B

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About Federal Realty Investment Trust

An S&P 500 real estate company founded in 1962. Our mission is to deliver long-term, sustainable growth through investing in densely populated, affluent communities where retail demand exceeds supply. A multifaceted business plan. Fully Integrated Founded in 1962, we are one of the oldest US REITs. We focus on the ownership, operation and development of high-quality retail propertiesfrom grocery-anchored shopping centers to large-scale mixed-use neighborhoods. Stability Our properties are located in eight major markets characterized by their superior demographics, high barriers to entry, and s...ignificant demand. Our diversified portfolio is positioned to be the real estate of choice for the widest selection of tenants and uses. Growth The flexible nature of our portfolio lends itself to continual evolution through remerchandising and reinvestment that positions our assets for the future. Our developments are backed by 20+ years of proven experience creating live, work, play destinations. Execution With a proven history of delivering results and the longest record of annual dividend rate increases among US REITs, our business has been remarkably resilient even in the most adverse economic cycles and is well-positioned for long-term success. More
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The job skills required for Leasing Associate include Futures, Written Communication, Problem Solving, Communicates Effectively, Work Ethic, etc. Having related job skills and expertise will give you an advantage when applying to be a Leasing Associate. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Leasing Associate. Select any job title you are interested in and start to search job requirements.

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If you are interested in becoming a Leasing Associate, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Leasing Associate for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Leasing Associate job description and responsibilities

A leasing agent assists property owners with leasing their properties to prospective tenants.

03/08/2022: Durham, NC

The leasing agent will ensure properties are maintained effectively, market properties and screen prospective tenants.

03/26/2022: Santa Rosa, CA

Leasing agents find new tenants for their properties, handle the signing of leases and provide customer service for existing tenants.

01/22/2022: Abilene, TX

Leasing agents also create advertising and promotional materials to attract potential tenants to vacant units.

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Work with landlords looking to find the perfect tenant for their properties.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Leasing Associate jobs

Some states require leasing agents to get licensed or certified.

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Leasing agents can also earn certifications to gain additional knowledge about their responsibilities and further their career advancement opportunities.

03/27/2022: Spokane, WA

You must gain relevant experience and credentials.

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The leasing consultant must be able to compare the renter's wants and needs to the properties that are actually available.

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Applicants must have a working knowledge of real estate law and leasing practices.

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Step 3: View the best colleges and universities for Leasing Associate.

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