Manager, Specialty Leasing
Job
Macerich
Remote
Full-Time
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Job Description
Great people make great properties. As an owner, operator and developer of thriving retail centers in the nation's top markets, Macerich offers opportunities to work, grow and develop your unique talents. Apply now to help us shape the future of retail real estate while building a meaningful, rewarding and balanced career. About the
Role:
Under the direction of the VP, Specialty Leasing, the Specialty Leasing Manager is responsible for delivering the Specialty Leasing budget in their assigned center(s) through the negotiation and execution of short-term cart, kiosk, and short-term store leases. This position requires a strong understanding of sales, demographics, retail trends, and merchandising to identify and negotiate leases that are sustainable and complement the long-term leasing strategy. In all efforts, the Specialty Leasing Manager will embrace and demonstrate Macerich Core Values and partner with the property team to increase the bottom-line profitability of the shopping center. The successful candidate must be able to perform the essential functions of the position satisfactorily. If requested, reasonable accommodation will be made to enable employees with disabilities to perform the essential functions of their job, absent undue hardship.What You Will Do:
Collaborate with the VP, Specialty Leasing to develop and implement sales, merchandising, and rate strategies for assigned center(s). Negotiate and execute Specialty Leasing agreements Partner with leasing to ensure merchandising strategy compliance Conduct market research and outreach (including cold-calling, internet research, and social media engagement) to identify and secure new retail concepts. This includes canvassing local and regional competitive shopping centers. Monitor lease expirations and renewals to mitigate risk and maximize revenue. Partner with senior management to provide input for annual budget planning. Prepare and maintain monthly forecasts for specialty leasing and kiosk performance. Develop a deep understanding of local market trends and center demographics to support leasing efforts and conduct center tours. Attend leasing and asset management meetings as required. Maintain clear communication with internal leasing and property management teams regarding leasing activity and strategy. Oversee the execution and presentation of the Specialty Leasing program, ensuring professional display, placement, and tenant satisfaction. Support administrative tasks related to the program, including insurance documentation, lease execution, and operational compliance. Perform additional duties as assigned. The Employer retains the right to change or assign other duties to this position .What You Bring:
Bachelor's degree preferred. 3-5 years of experience in retail sales, shopping center leasing, or specialty leasing. Demonstrated success in retail leasing, business development, or a related field. Strong negotiation, sales, and interpersonal communication skills. Ability to analyze market trends and develop effective strategic plans. Highly self-motivated, organized, and capable of managing multiple priorities. Solid understanding of accounting principles and financial reporting. Awareness of current trends in the retail and food & beverage industries. Team-oriented mindset with the ability to foster collaboration and cooperation. Proficient in Microsoft Outlook, Excel, PowerPoint, and Adobe Acrobat.Macerich's Total Rewards:
Best-in-class benefits with affordable employee contribution levels Paid time off, including vacation time, 12 paid holidays and 80 hours of sick time annually 401(k) match with immediate vesting Ability to purchase company stock at a 15% discount 24 paid volunteer hours and employer charitable match Employee Assistance Program Career-development resources Comprehensive wellness program including ClassPass memberships And more… At Macerich, in-person work at our offices is a top priority because it allows us to collaborate more effectively, build stronger connections, and maintain the culture that drives our success. To that end, we do believe in a healthy work/life balance and are proud to offer Remote Fridays for our Corporate offices and Field Fridays for our Retail Properties. The compensation for this position is determined based on several factors, including the candidate's experience, qualifications, and the specific requirements of the role. Final salary offers will be discussed during the interview process and will reflect the candidate's skills and the company's compensation structure.Who We Are:
Macerich is one of the country's leading owners, operators, and developers of major retail real estate (NYSE:
MAC). Our high-quality retail properties in many of the most affluent and densely populated U.S. markets set Macerich apart. By bringing communities together, we create long-term value for our shareholders, partners and customers. As we work together to achieve our mission, our shared values drive our progress: Excellence, Relationships, Optimism, Integrity, Empowerment and Fun. Macerich is an Equal Opportunity Employer committed to employing a diverse workforce. Qualified applicants will be considered without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status or disability.Similar jobs in Philadelphia, PA
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