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Leasing Associate

Pennsylvania Real Estate Investment Trust King of Prussia, PA
  • Posted: over a month ago
  • Full-Time
  • Benefits: Vision, Medical, 401k, Dental

JOB SUMMARY:

The Leasing Associate will be responsible for sourcing new tenants and negotiating and completing leases for particular properties. They are responsible for cold calling, canvassing and conducting site visits to ensure that vacant spaces are leased. The Leasing Associate will work closely with the Vice President of Leasing.

The Leasing Associate will:

  • Solicit and procure qualified prospective retail tenants for assets
  • Work with existing tenants regarding lease terms, which include renewals, extensions terminations, etc
  • Work with corporate and client attorneys to assist in the negotiation and administration of legal documentation and related activity
  • Assist in the leasing game plan process and budgets with shopping center managers, accountants and asset managers
  • Present Confirmation of Business Terms for all deals with regards to checking for accuracy, credit worthiness, impact to the budget and evaluating the rent to sales ratio
  • Attend seminars and conferences to remain current with real estate and retailing trends
  • Work with tenant coordination when requested to resolve construction issues
  • Execute Landlord’s action plans and strategies
  • Update deal status as requested for reporting purposes

Qualified Applicants will have:

  • Bachelor's Degree in related field of study or combination of education and experience necessary to effectively perform the responsibilities of the position
  • 3-4 years’ experience in commercial real estate sales, business law, finance and accounting principles
  • Strong knowledge of negotiations strategy; should possess strong analytical and communication skills
  • Basic computer literacy
  • Ability to communicate effectively, both oral and written
  • Effective interpersonal skills
  • Perform duties in a team oriented work environment

Pennsylvania Real Estate Investment Trust

Why Work Here?

Over 350 employees strong, working tirelessly to create compelling retail environments and to enhance the communities we serve.

PREIT owns and operates over 22.5 million sf of retail space with a concentration in two top 10 MSAs. Since 2012, the company has driven a transformation guided by an emphasis on a high-quality portfolio, balance sheet strength, operational improvements and disciplined capital expenditures.

Address

Philadelphia, PA, USA
King of Prussia, PA
USA

Website

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