Real Estate Leasing Manager

mauricesDuluth, MN
7d$70,000 - $90,000Hybrid

About The Position

General Description The Leasing Manager is responsible for managing key components of the company’s real estate portfolio, including negotiating leases, assessing potential retail locations, and supporting the execution of the company’s long‑term real estate strategy. With 3–5 years of relevant experience, this role operates with increasing independence and contributes to profitable, well‑informed site recommendations and lease decisions. The Leasing Manager partners closely with Legal, Store Planning, Construction, Finance, and other internal teams, and builds strong working relationships with landlords, developers, and brokers.

Requirements

  • Bachelor’s degree in Business, Real Estate, Finance, Marketing, or related field preferred.
  • 3–5 years of experience in commercial real estate, retail leasing, brokerage, or related field.
  • Experience negotiating lease terms and working with multi‑unit retail portfolios preferred.
  • Strong negotiation and analytical skills with the ability to balance financial, strategic, and operational factors.
  • Ability to interpret demographic and market data, financial models, and site metrics.
  • Strong relationship‑building, communication, and influencing skills.
  • Highly organized, with the ability to manage multiple projects in a fast‑paced environment.
  • Proficiency with Microsoft Office; experience with mapping tools, CoStar, or real estate systems (e.g., Lucernex) preferred.
  • Travel 20–30% for market tours, site evaluations, landlord meetings, and industry events.

Nice To Haves

  • Familiarity with shopping center environments and landlord practices is a plus.

Responsibilities

  • Lease Negotiation & Portfolio Management Independently negotiate lease renewals, relocations, terminations, and new store opportunities.
  • Evaluate deal economics to ensure alignment with company profitability standards.
  • Prepare and present thorough deal packages and recommendations for Real Estate Committee approval.
  • Monitor and act on lease critical dates, ensuring risk mitigation and proactive management.
  • Market Evaluation & Site Strategy Review demographic data, co‑tenancy conditions, competition, and market trends to assess site viability.
  • Conduct market tours to evaluate new and existing sites for visibility, accessibility, and customer potential.
  • Provide data‑driven recommendations for new stores and relocations that reflect both market analytics and in-person evaluations.
  • Cross‑Functional Collaboration Partner with Legal to review business terms and ensure leases protect company interests.
  • Coordinate with Store Planning and Construction on layouts, timelines, landlord deliverables, and site readiness.
  • Collaborate with Real Estate Analytics and Finance to support accurate financial modeling and reporting.
  • Landlord & Developer Relationship Management Serve as the primary contact for designated landlords, brokers, and developers.
  • Build strong professional relationships that support effective negotiations and a healthy portfolio.
  • Manage ongoing landlord communications with clarity, professionalism, and alignment to company needs.
  • Systems, Reporting & Process Management Navigate real estate system data (e.g., Lucernex) for accuracy of lease terms, financials, and critical dates.
  • Prepare reports, dashboards, and portfolio updates for Real Estate leadership.
  • Identify opportunities to improve processes, streamline deal flow, and enhance portfolio insights.
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