Director, Leasing

ARLP GS LLC • Rye, NY

6d

About The Position

Acadia Realty Trust (NYSE:AKR) is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual – core and investment management – platforms. Our energized team is accomplishing this goal by building a best-in-class, location-driven core real estate portfolio with meaningful concentrations of assets in the nation’s most dynamic urban and street-retail corridors, including those in New York, Chicago, Los Angeles, San Francisco, Washington DC, Dallas, and Boston. At the same time, we manage opportunistic and value-add investments through our investment management platform. Acadia is seeking a Director, Leasing to join their team to develop and execute a leasing plan for properties in its suburban market portfolio. The successful candidate will operate with a high degree of independence, leveraging an established network of retailer and brokerage relationships, and serve as Acadia’s leasing presence in their markets.

Requirements

• Bachelor’s degree required
• 5+ minimum years of in-house shopping center leasing experience.
• Established relationships with national and regional retailers and the brokerage community.
• Demonstrated ability to operate independently, and to source structure and close deals.
• Ability to travel to properties as needed

Responsibilities

• Leverage an established network of national and key regional retailer relationships to drive deal flow; identify, cultivate, and expand strategic partnerships across the suburban platform.
• Qualify prospective tenants by analyzing financials, business plans and references; exercise judgement on credit, merchandising fit, and long-term tenancy quality.
• Own deals end-to-end, from origination through lease execution.
• Lead lease negotiation directly. Negotiate LOI’s, evaluate deal economics, and coordinate with legal and other departments.
• Research competitive market information and maintain an understanding of market dynamics and trends. Closely monitor market conditions (i.e. occupancy, new vacancies, rents).
• Provide strategic input to senior leadership on acquisition targets, tenant repositioning, and market and retailer trends.
• Work with Director of Marketing to maximize company’s participation in all industry-related events (i.e. ICSC conventions) and to develop appropriate marketing materials

Benefits

• Employees may also be eligible to participate in an annual discretionary bonus program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Director