| VP, Development & Leasing
Contact: Kate Keller
phone: 212.572.6380 or 617.247.0505
kate@kelleraugusta.com
Location: Boston-Metro West, MA
Position Background:
Our client has led the way in the creation of dynamic urban shopping centers in Eastern Massachusetts. In operation for nearly 40 years, they have developed long term relationships with national and regional credit tenants. Some current tenants include Stop & Shop, Walgreens, CVS, Bank of America, FedEx/Kinko's, Yum Brands, Luxottica, and Petco. Currently, the management team consists of professionals whose depth of knowledge and experience spans all aspects of commercial development, property management and leasing. The company is in the pre-development stage for several new projects and is currently looking for a VP of Leasing and Development. This candidate would be actively responsible for feasibility, acquisition, permitting, and leasing of all future company developments.
Responsibilities:
- Accountable for the leasing and pre-leasing of all company assets, with negotiations handled personally
- Strong track record of filling vacancies and maintaining existing portfolio with national retailers and local retail businesses
- Employ an extensive understanding of current deal terms and rate thresholds throughout New England
- Excellent and direct relationships with national retailers including major grocers and pharmacies
- Maintain an extensive network of established leasing brokers
- Evaluate economic returns of property renovations for releasing using pro forma projections and sensitivity analysis
- Manage all aspects of development process including preparation of budgets and their variance analysis
- Actively responsible for feasibility, acquisition, permitting, and leasing of all future company developments.
- Directly involved in ongoing acquisition negotiations (deal size $5-$20 million) and all financing related discussions
- Direct management of all firm subsidiary relationships including architects, engineers, property managers, lawyers, marketing consultants, construction professionals, and leasing, sales and mortgage brokers
Qualifications:
- Bachelor’s Degree with 8-10 years of experience
- Strong computer skills
- Experience with reviewing complex commercial real estate and business agreements
- Experience in working with a minimum of supervision/direction
- Candidate must be a team player who possess excellent leadership and communication skills and has strong analytical and problem solving abilities.
- Additionally, they must be a highly motivated self-starter who is very organized and has an entrepreneurial spirit.
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