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Specialty Leasing Representative

Company: Pennsylvania Real Estate Investment Trust
Location: Cherry Hill
Posted on: May 15, 2018

Job Description:

Job DescriptionJOB SUMMARY:The Specialty Leasing Representative is responsible for creating income and value thru the leasing of the RMU's (carts), Kiosk, In-line stores and non-traditional uses, such as parking lot and pop-up events. The individual is responsible for canvassing to identify and negotiate new opportunities that generate leasing activity to meet (and exceed) the income objectives.Additionally, the Specialty Leasing Representative is a goal-oriented self-starter, who is collaborative and well-disciplined in meeting tight deadlines and multi-tasking. The Specialty Leasing Representative will oversee the day to day operations of their program(s) thru managing the income, expenses, A/R, merchandising, as well as maintaining effective relationships with the Specialty Leasing merchants and the Mall team(s).The Specialty Leasing Rep will: Achieve revenue goals for Specialty Leasing Program(s)Deliver new common area retail concepts through various business development channels; cold calling local retail locations, internet research, trade shows and small business organizationsCommunicate with Regional Specialty Leasing Director, informing of new deals, problems, delinquencies, sales, revenues, etc.Communicate tactfully, skillfully and persuasively to negotiate new and renewal license agreements with retailers. Plan, review rent, percentage rent, product concept, terms and visual displayEnsure adherence to guidelines and procedures for Specialty Retailing program and enforce all clauses of the Specialty Leasing AgreementBuild and maintain a prospect list by canvassing the market for new merchants, concepts and merchants interested in expanding into the Shopping Centers.Provide suggestions and assists merchants with visual merchandising plans to ensure mall standards and criteria are met, as part of deal negotiation.Ensure that income and budgets are met, as well as goals for "additional income" and minimum rent projects are achieved.Develop annual common area retail and merchandising site strategy.Work with Marketing Department to coordinate use of common areaReview Specialty Leasing bookkeeping, receivables, insurance requirements, sales reports, billing clarification for reconciliation for each Center of responsibilityNegotiate Specialty Leasing License Agreements on an ongoing basis to obtain permanent information for license execution for MallsAttend Center/Regional/Departmental meetings as determinedQualified Applicants will have: Bachelor's Degree in Marketing, Business Administration, Communications or minimum of 3-5 years in shopping center industryCombination of equivalent education and experience necessary to effectively perform the responsibilities of the position.Ability to communicate effectively, both orally and in writing with all levels of management, staff, outside legal counsel, merchants, etc.Effective interpersonal skillsBasic computer skills including Microsoft Office (Outlook, PowerPoint, Excel, World)

Keywords: Pennsylvania Real Estate Investment Trust, Cherry Hill, Specialty Leasing Representative, Other, Cherry Hill, New Jersey

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