Leasing Manager

Prologis • Chicago, IL

10d • $113,000 - $142,000 • Onsite

About The Position

The Leasing Manager is primarily responsible for driving and executing leasing transactions and renewals and maintaining positive relationships within the Chicago market. The role drives net operating income (NOI) and asset value growth through marketing, negotiations, and leasing transactions, and contributes to and is accountable for the Chicago Market’s portfolio results. It is based in the company’s Chicago office.

The Leasing Manager works with peers in property management, construction, and maintenance to keep buildings best in class and provide world-class customer service. The role supports market leadership in expanding the portfolio and executing the market’s strategic and operational activities, and partners with the Customer Experience Team to identify opportunities for additional revenue through Prologis value-added products and services.

Requirements

• At least 5 years of related business experience involving 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.
• Current real estate sales license in Illinois, or ability to obtain one within six months of starting employment. The company will cover associated costs and count reasonable time spent acquiring the license as work hours.
• Valid driver’s license and ability to operate a motor vehicle, with ability to travel to company locations and properties.
• Willingness and capability to use emerging technology, automation, and AI tools to improve efficiency, quality, and speed, with sound judgment, creative thinking, and accountability for outcomes.

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, maintaining positive customer relationships.
• Drive net operating income and asset value growth through marketing, negotiations, and leasing transactions.
• Build and foster relationships with customers, brokers, and internal and external stakeholders.
• Develop an in-depth understanding of existing and prospective customers’ businesses, strategies, and space needs to enhance the customer experience.
• Support Market leadership in expanding the portfolio, including strategic direction and operational execution such as deploying capital, underwriting 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 work with property managers to monitor property financial performance relative to budget.
• Provide reporting and market information to internal practice groups, including Acquisition, Development, Disposition, Capital Partners, and Valuations.
• Partner with the Customer Experience Team to identify additional revenue opportunities using Prologis value-added products and services.
• Contribute to an inclusive, customer-service-focused work environment and demonstrate adaptability to change.

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.
• Paid time off accruing at 22 days per year at the starting rate.
• 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