Leasing Manager

Prologis • Chicago, IL

9d • Onsite

About The Position

The Leasing Manager is primarily responsible for driving and executing leasing transactions and renewals, and maintaining positive relationships in the Chicago market. The role drives net operating income and asset value growth through marketing, negotiations, and leasing transactions. Working with property management, construction, and maintenance colleagues, the Leasing Manager helps keep buildings best in class and delivers high-quality customer service. The position contributes to and is accountable for Chicago Market portfolio results and is located in the Chicago office.

The role manages leasing activity to maximize the assigned portfolio’s value, serves as a submarket expert, and works with Market leadership on strategic and operational priorities. It also supports customer relationships and experience, market budgeting and financial performance, and reporting and information needs across internal practice groups. In partnership with the Customer Experience Team, the Leasing Manager identifies revenue opportunities through Prologis value-added products and services.

Requirements

• At least 5 years of related business experience in asset management, sourcing, negotiating, and executing industrial or office leases/contracts is recommended.
• Professional understanding of building valuation methods, such as income, market, and discounted cash flow methods.
• Persuasive presentation and negotiation skills.
• Excellent written and verbal communication skills.
• Strong organizational, time-management, and prioritization skills.
• Strong computer skills, including proficiency with Excel and Salesforce.
• Ability to read and understand commercial lease documents.
• Must possess a driver’s license and be able to operate a motor vehicle.
• Ability to travel to other company locations and properties.
• Must hold a current Illinois real estate sales license or be able to obtain one within six months of starting employment. The company covers relevant associated costs and considers reasonable license-acquisition time to be work hours.

Nice To Haves

• Bachelor’s degree from a four-year college or university, with related experience and/or training, or an equivalent combination of education and experience.

Responsibilities

• Drive and execute leasing transactions and renewals in the Chicago market.
• Build and maintain relationships with customers, brokers, and internal and external stakeholders.
• Develop an in-depth understanding of existing and prospective customers, including their businesses, strategies, and trends affecting their space needs.
• Support Market leadership in expanding the Prologis portfolio and executing strategic and operational priorities, including capital deployment, underwriting business acquisitions, and developing pro formas.
• Manage leasing activity to maximize the value of the assigned portfolio.
• Serve as the market expert for the submarket, tracking market conditions, rents, available product, and economic trends.
• Own and execute the market lease-assumptions budget process and collaborate with property managers to monitor property financial performance against budget.
• Provide reporting and relevant market information to internal practice groups, including Acquisition, Development, Disposition, Capital Partners, and Valuations.
• Partner with the Customer Experience Team to identify revenue opportunities using Prologis value-added products and services to address customer needs.
• Contribute to an inclusive, high-caliber work environment focused on customer service and adaptability.
• Use emerging technology, automation, and AI tools to improve efficiency, quality, and speed; exercise sound judgment, creative thinking, and accountability for outcomes.

Benefits

• Healthcare, dental, and vision insurance for employees and eligible dependents.
• 401(k) retirement plan with a company match of 50% up to 12% of eligible compensation.
• Starting PTO accrual of 22 days per year.
• Paid holidays.
• Volunteer time.
• Wellness, financial, and work/lifestyle-specific benefits.
• Generous total rewards package and leadership development.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed