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Commercial Leasing Associate Jobs in Chicago, IL

As a CBRE SP-Associate, you will be responsible for developing business, marketing commercial real estate properties, and negotiating the leasing terms, purchase, or sale of an asset on behalf of ...

... years of experience in commercial real estate transactions. This candidate will perform ... leasing, as well as related due diligence work, including title and survey review, and closing ...

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Commercial Leasing Associate information

See Chicago, IL salary details

$13

$20

$31

How much do commercial leasing associate jobs pay per hour?

As of Sep 4, 2026, the average hourly pay for commercial leasing associate in Chicago, IL is $20.96, according to ZipRecruiter salary data. Most workers in this role earn between $16.83 and $22.55 per hour, depending on experience, location, and employer.

What is a commercial leasing associate?

A Commercial Leasing Associate is a real estate professional who specializes in assisting property owners and tenants with the leasing of commercial spaces such as offices, retail stores, and industrial properties. Their main responsibilities typically include marketing available properties, negotiating lease terms, conducting property tours, and preparing lease agreements. They act as intermediaries between property owners and prospective tenants to ensure a smooth leasing process. Additionally, Commercial Leasing Associates may provide market analysis, advise clients on rental rates, and help resolve any issues that arise during the lease term.

What are the key skills and qualifications needed to thrive as a commercial leasing associate?

To thrive as a Commercial Leasing Associate, you need a solid understanding of real estate principles, strong negotiation skills, and typically a bachelor’s degree in business, real estate, or a related field. Familiarity with property management software, CRM tools, and sometimes a real estate license are commonly required. Excellent interpersonal skills, attention to detail, and the ability to build relationships with clients set top performers apart. These competencies are crucial for successfully securing leases, maintaining client satisfaction, and driving business growth in a competitive market.

What are some common challenges a commercial leasing associate might face when negotiating lease agreements?

Commercial Leasing Associates often encounter challenges such as balancing the interests of property owners with those of prospective tenants, navigating complex lease terms, and staying updated on market trends. Negotiating favorable terms while ensuring compliance with legal and regulatory requirements can be demanding. Additionally, Associates must effectively communicate with a variety of stakeholders, including attorneys and brokers, to resolve conflicts and close deals efficiently.

What is the difference between Commercial Leasing Associate vs Property Manager?

AspectCommercial Leasing AssociateProperty Manager
Primary RoleFacilitates leasing transactions, negotiates lease terms, and attracts tenants for commercial properties.Oversees daily property operations, maintains tenant relations, and manages property maintenance.
Required CredentialsReal estate license, knowledge of leasing laws, sales skillsReal estate license often preferred, property management certification beneficial
Work EnvironmentReal estate firms, leasing offices, commercial property sitesProperty management companies, commercial or residential buildings
Employer & Industry UsageReal estate agencies, commercial property ownersProperty management firms, real estate developers

The Commercial Leasing Associate primarily focuses on leasing commercial spaces, negotiating lease terms, and attracting tenants. In contrast, a Property Manager handles ongoing property operations, tenant relations, and maintenance. While both roles require real estate knowledge and licenses, their daily responsibilities and work environments differ significantly.

What are the most commonly searched types of Commercial Leasing jobs in Chicago, IL?

The most popular types of Commercial Leasing jobs in Chicago, IL are:

Senior Vice President of Leasing

Bridge33 Capital

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 21 days ago


Job description

JOIN OUR TEAM

Bridge33 Capital is a rapidly growing, national, vertically integrated real estate private equity firm specializing in open-air retail real estate.  We own and operate more than $2.7 billion of assets across 26 states. Poised to launch its next fund-a pivotal milestone-the Company remains dedicated to driving value at every stage of the investment lifecycle.

We are seeking a Senior Vice President of Leasing, to lead and execute leasing strategies across the Company's portfolio.  Partnering closely with our Asset Management team, this role will drive portfolio value, maximize occupancy, and directly impact our bottom line. This is an in-person role based in our Chicago office. Come make your mark as an integral part of Bridge33 Capital!   

MISSION

We build relationships and create value where others don't.

KEY PRINCIPLES

We're Better Together | We're Here to Serve | We crush our egos, and we have empathy for teammates | We stay positive | We embrace accountability, and we champion results.

ESSENTIAL RESPONSIBILITIES 

  • Head of Leasing, managing leasing professionals across a national platform in 25 states.
  • Develop and implement asset-specific leasing strategies for stabilized, value-add, and opportunistic retail assets to drive NOI and maximize investor returns throughout US portfolio.
  • Leverage an established network of national retailers, franchises, brokers, and tenant representatives to source new prospects and execute anchor, junior anchor, and inline leases.
  • Recruit, mentor, and directly manage the internal leasing team (including Directors, Managers and Associates). Set clear individual performance metrics, foster a high-accountability sales culture, and actively coach team members on complex deal structuring, negotiation tactics, and relationship management to build a strong talent pipeline.
  • Select, contract, and actively manage third-party leasing brokerage teams. Establish clear performance metrics, holding teams accountable to leasing timelines and pro-forma targets.
  • Oversee and collaborate on the underwriting, structuring, and final negotiation of complex retail leases, including specialized clauses (e.g., co-tenancy, exclusives, percentage rent, kick-outs, and radius restrictions).
  • Partner with Asset Management to align leasing activity with property business plans on an on-going basis.
  • Assist Investments during due diligence by validating market assumptions, market rents, and tenant creditworthiness.
  • Review and analyze lease economics using Excel. Present financial analyses, Net Present Value (NPV) calculations, and tenant credit profiles to the Investment team for approval.
  • Report directly to and work closely with the EVP of Real Estate Operations and Strategy to ensure investor returns and company goals and objectives are met.

Requirements

QUALIFICATIONS

  • 8-12+ years of sophisticated commercial real estate leasing experience, with a strict focus on retail assets (strip centers, power centers, lifestyle centers, or urban retail). Experience within a PE firm, REIT, or top-tier institutional developer is highly preferred.
  • Proven history of closing deals with major national and regional retail tenants, with a deep understanding of current retail market trends and experiential retail shifts.
  • Advanced proficiency in Microsoft Excel for underwriting lease economics and calculating financial returns and deal metrics.
  • Expert understanding of retail lease language, legal structures, and the financial impact of restrictive covenants.
  • Education: Bachelor's degree in real estate, Finance, Business Administration, or a related field preferred. An MBA or MS in Real Estate is a plus.
  • Must be passionate about managing and developing a high performing team.
  • Familiarity with generative AI tools (e.g., Claude, ChatGPT, or Gemini) to enhance personal productivity, streamline research, and assist with content creation or workflow automation highly preferred.

Company Culture Note: As a private equity firm, we operate in a fast-paced, growing, high-stakes environment. The ideal candidate is a self-starter who possesses an "owner's mindset," thrives under performance-driven metrics, and can seamlessly pivot between high-level investment strategy and granular lease negotiations.

Benefits

WHAT WE OFFER

  • Fast paced and dynamic work environment, including frequent interaction with the executive management team.
  • Opportunity to build your own team.
  • Generous paid time off policy.
  • Company sponsored medical, dental and vision insurance.
  • Company paid life insurance.
  • Company paid short- and long-term disability insurance.
  • Paid parental leave.
  • 401k plan with Company match.
  • 11 paid holidays.

The annual salary range for this role is $225,000-$325,000 plus an annual performance based bonus

Bridge33 provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, age, sex, national origin, disability status, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.  Bridge33 is committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities.  To request reasonable accommodation, please contact our Human Resources department at hr.requests@bridge33capital.com.