VP of Leasing

DLC Management Corp.•Chicago, IL

27d•$175,000 - $200,000•Hybrid

About The Position

The VP of Leasing oversees and executes a strategic leasing plan for an assigned portfolio of properties. The role develops leasing strategy, uses market data to guide decisions, builds relationships with tenants, brokers, and internal teams, and negotiates letters of intent and lease terms. The VP partners with Legal to ensure leases are properly drafted and timely executed, manages leasing representatives and brokers, and coordinates with Property Management and other departments on deals, vacancies, acquisitions, and tenant move-outs. The position works across property-level leasing budgets, pricing and lease-structure analysis, acquisition due diligence, renewal planning, and updates to joint venture partners. The company is open to hiring in Atlanta, Columbus, Chicago, Bethesda, Dallas, or Elmsford. Frequent travel may be required.

Requirements

5–10 years of leasing experience.
Extensive knowledge of the retail leasing process and LOI and lease terminology.
A strong track record of successfully negotiating leases with national retailers.
Deep understanding of the entire retail leasing process.
Proficiency in Microsoft Office Suite.
Ability to travel frequently, as required.
Ability to motivate a team to deliver results.
Ability to succeed in a fast-paced environment.
Strong interpersonal and relationship-building skills across internal and external levels and disciplines.
Strong oral and written communication skills.
Forward-thinking, entrepreneurial mindset with a focus on solving challenges.
Collaborative, respectful, inclusive, positive attitude.
Strong sense of urgency and desire to consistently outperform.
High degree of professionalism, integrity, and strong work ethic.

Responsibilities

Develop and execute leasing strategy for assigned properties in DLC’s portfolio.
Identify market trends and use data to inform leasing decisions.
Build and maintain relationships with local tenants, national retailers, brokers, and internal teammates across disciplines.
Negotiate letters of intent and lease terms for deals within assigned properties.
Partner with the Legal department to ensure leases are properly drafted and executed on time.
Submit LPAs in the CRM for each fully negotiated LOI at properties.
Review and approve LPAs for renewal and new deals submitted by the Renewal Manager and internal Leasing Representatives.
Manage and direct internal Leasing Representatives and outside brokers on active and potential deals.
Conduct quarterly property visits and market tours with brokers and internal Leasing Representatives to evaluate market changes and discuss leasing strategies for vacancies.
Develop and manage property-level annual leasing budgets aligned with overall property strategy and business plans.
Review and analyze data and leasing market trends to optimize pricing strategies and lease structures.
Attend weekly property acquisition calls and provide updates on leasing activity.
Conduct on-site and phone interviews with national retailers during acquisition due diligence.
Participate in monthly calls with JV Partners to review the leasing pipeline.
Conduct monthly renewals calls with the Renewal Manager, Head of Leasing, and other VPs of Leasing to coordinate upcoming action plans.
Coordinate with Property Management to resolve active issues and ensure assets are functioning in a first-class manner.
Coordinate with Property Management on GWO deals and communicate deal completion timing so their work can begin.
Collaborate and coordinate with internal departments during acquisitions and when tenants are vacating spaces.