Senior Leasing Manager (Retail)
- Toronto, ON, Canada
Annual Salary of $120,000 - $140,000 · Full-time
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Job details
- Pay
- Annual Salary of $120,000 - $140,000
- Job type
- Full-time
- Experience
- Minimum of 5 years of progressive retail leasing experience with a proven track record of successful lease negotiations and completed transactions.
- Posting language
- English
- Posted
Original job description
Our client is seeking an experienced Senior Leasing Manager to lead the leasing strategy and execution for a portfolio of retail properties. This individual will be responsible for driving occupancy, maximizing asset performance, and building strong relationships with tenants, brokers, and ownership groups. The successful candidate will play a key role in growing revenue, negotiating lease transactions, and supporting the long-term success of the portfolio.
Key Responsibilities
- Develop and implement leasing strategies that align with ownership objectives and market opportunities.
- Identify and secure new tenants while maintaining a strong and balanced tenant mix across retail assets.
- Negotiate and finalize Offers to Lease, Lease Agreements, renewals, and extensions.
- Lead lease negotiations involving rental rates, lease terms, tenant incentives, and other key business points.
- Maintain oversight of lease expiries and proactively manage tenant retention initiatives.
- Conduct regular market research and stay informed on leasing trends, competitor activity, and emerging opportunities.
- Build and maintain strong relationships with tenants, brokers, landlords, and industry contacts.
- Oversee leasing transactions from initial discussions through execution and occupancy.
- Conduct property tours and site visits to evaluate leasing opportunities and support asset positioning.
- Work closely with internal teams including Property Management, Accounting, Marketing, and Legal to support leasing objectives.
- Monitor rental arrears and collaborate with property management teams on resolution strategies.
- Coordinate tenant fixturing and improvement projects to ensure compliance with lease agreements and project timelines.
- Review leasing performance, prepare reports, and provide regular updates to senior leadership.
- Ensure lease documentation, records, and administration processes are accurate and up to date.
Qualifications
- Bachelor's degree in Business, Real Estate, Finance, or a related field is preferred.
- Minimum of 5 years of progressive retail leasing experience with a proven track record of successful lease negotiations and completed transactions.
- Strong network of tenant, broker, and industry relationships within the retail real estate sector.
- Demonstrated ability to negotiate complex lease agreements and achieve favorable business outcomes.
- Solid understanding of retail real estate fundamentals, tenant mix strategies, demographic trends, and consumer behavior.
- Strong financial and analytical skills, including experience with lease analysis and financial modeling.
- Proficiency with Microsoft Excel and industry platforms such as CoStar, Yardi, or VTS.
- Excellent communication, presentation, and relationship management skills.
- Highly organized with the ability to manage multiple projects and priorities in a fast-paced environment.
- Results-oriented with a focus on maximizing occupancy, revenue growth, and asset performance.
- Valid Real Estate License required.
- Valid driver's license and ability to travel as required.
Compensation
- Annual Salary of $120,000 - $140,000
- Benefits
- RRSP match
More about this job
Responsibilities
Lead leasing strategy and transactions across a retail property portfolio, including tenant acquisition, lease negotiations, renewals, and retention. Monitor market and portfolio performance, coordinate with internal teams on tenant and property needs, and report leasing results to senior leadership.
Requirements
Requires at least five years of progressive retail leasing experience, a record of successful lease negotiations, strong industry relationships, and financial and analytical capabilities. A bachelor's degree in a related field is preferred, along with proficiency in Excel and leasing platforms, a valid real estate license, and a valid driver's license.
Skills
- Retail Leasing
- Leasing Strategy
- Lease Negotiation
- Tenant Acquisition
- Tenant Retention
- Tenant Mix Strategy
- Market Research
- Financial Analysis
- Financial Modeling
- Relationship Management
- Lease Administration
- Occupancy Management
- Revenue Growth
- Microsoft Excel
- CoStar
- Yardi
Benefits
- RRSP Match
Visa sponsorship
Not detected in the job text
Categories
- Management & Leadership
- Sales
- Retail
- Finance & Accounting
Keywords
- Retail Real Estate
- Retail Leasing
- Leasing Strategy
- Lease Negotiations
- Offers To Lease
- Lease Agreements
- Lease Renewals
- Lease Extensions
- Tenant Mix
- Tenant Retention
- Occupancy
- Asset Performance
- Rental Rates
- Tenant Incentives
- Market Research
- Demographic Trends
- Consumer Behavior
- Lease Analysis
- Financial Modeling
- Microsoft Excel
- CoStar
- Yardi
- VTS
- Real Estate License
- Tenant Improvements
- Rental Arrears