This hire guide was edited by the ZipRecruiter editorial team and created in part with the OpenAI API.
How to hire Vice President Leasing
Hiring the right Vice President Leasing is a strategic decision that can significantly impact the financial performance, operational efficiency, and long-term growth of your business. In the competitive world of commercial real estate, retail, and property management, the Vice President Leasing plays a pivotal role in shaping your organization's leasing strategy, maximizing occupancy rates, and driving revenue. This executive not only negotiates and closes high-value deals but also builds and maintains relationships with key tenants, brokers, and stakeholders, ensuring your properties remain attractive and profitable.
For medium to large businesses, the Vice President Leasing is often at the intersection of asset management, marketing, and finance. Their expertise in market analysis, lease structuring, and portfolio optimization can mean the difference between thriving assets and underperforming properties. An effective Vice President Leasing brings a blend of analytical acumen, negotiation prowess, and leadership skills, enabling your organization to adapt to market shifts, capitalize on emerging opportunities, and mitigate risks.
Moreover, the right hire will elevate your company's reputation in the industry, foster a culture of high performance within your leasing team, and contribute to the achievement of your broader business objectives. Conversely, a mis-hire can result in missed revenue targets, strained tenant relationships, and costly turnover. Therefore, it is essential to approach the hiring process with a clear understanding of the role's requirements, the skills and certifications that set top candidates apart, and the best practices for sourcing, evaluating, and onboarding your new Vice President Leasing. This guide provides a step-by-step framework to help you attract, assess, and secure the best talent for this critical leadership position.
Clearly Define the Role and Responsibilities
- Key Responsibilities: The Vice President Leasing is responsible for developing and executing leasing strategies to maximize occupancy and rental income across the company's property portfolio. This includes overseeing lease negotiations, managing relationships with tenants and brokers, analyzing market trends, setting rental rates, and collaborating with asset management, legal, and finance teams. They are also tasked with leading and mentoring the leasing team, ensuring compliance with company policies and regulatory requirements, and reporting on leasing performance to senior leadership. In some organizations, the Vice President Leasing may also play a role in acquisitions, dispositions, and redevelopment projects, providing input on market feasibility and tenant mix.
- Experience Levels: Junior Vice President Leasing professionals typically have 7-10 years of experience in commercial real estate or property management, often progressing from leasing manager or director roles. Mid-level candidates generally possess 10-15 years of experience, with a proven track record of managing larger portfolios and leading teams. Senior Vice President Leasing professionals bring 15+ years of experience, often with multi-market or national oversight, deep industry relationships, and a history of driving strategic growth initiatives. The complexity and scale of the portfolio, as well as the size of the leasing team, often dictate the required experience level.
- Company Fit: In medium-sized companies (50-500 employees), the Vice President Leasing may be more hands-on, directly involved in negotiations and day-to-day leasing activities, and expected to wear multiple hats. In large organizations (500+ employees), the role is typically more strategic, with a greater emphasis on team leadership, process optimization, and cross-functional collaboration. Large companies may also require experience with sophisticated reporting tools, compliance frameworks, and multi-region portfolio management. Understanding your company's size, culture, and growth trajectory is essential to defining the right profile for your Vice President Leasing hire.
Certifications
Certifications are a strong indicator of a Vice President Leasing candidate's commitment to professional development and mastery of industry best practices. While not always mandatory, certain designations can set candidates apart and provide assurance of their technical and ethical standards.
Certified Commercial Investment Member (CCIM): Issued by the CCIM Institute, this globally recognized certification demonstrates expertise in commercial and investment real estate. Candidates must complete a rigorous curriculum covering financial analysis, market analysis, user decision analysis, and investment analysis, and pass a comprehensive exam. CCIM designees are known for their ability to analyze complex lease structures, assess investment opportunities, and provide strategic guidance to maximize asset value. For employers, hiring a CCIM-certified Vice President Leasing ensures a high level of analytical and transactional competence.
Certified Property Manager (CPM): Offered by the Institute of Real Estate Management (IREM), the CPM designation is highly respected in property management and leasing circles. To earn the CPM, candidates must complete coursework in asset management, ethics, and leadership, demonstrate relevant experience, and pass a certification exam. CPMs are trained in maximizing property performance, optimizing tenant retention, and implementing effective leasing strategies. This certification is particularly valuable for companies seeking a Vice President Leasing with a holistic understanding of property operations and tenant relations.
Real Property Administrator (RPA): Provided by BOMI International, the RPA program focuses on the operational and financial aspects of commercial property management, including leasing, risk management, and budgeting. Candidates must complete courses and pass exams on building systems, environmental health, and business ethics. An RPA-certified Vice President Leasing brings a strong foundation in operational efficiency and regulatory compliance, which is critical for large portfolios or complex assets.
State Real Estate License: In many jurisdictions, a valid real estate broker or salesperson license is required for leasing professionals involved in negotiating leases or managing transactions. The requirements vary by state but generally include pre-licensing education, passing an exam, and ongoing continuing education. Employers should verify that candidates hold the appropriate licenses for the markets in which they will operate.
These certifications signal to employers that a candidate is dedicated to ongoing learning, adheres to industry standards, and possesses the technical knowledge necessary for high-level leasing roles. When evaluating candidates, prioritize those with relevant certifications, especially for senior or multi-market positions, as they often bring both credibility and a valuable professional network.
Leverage Multiple Recruitment Channels
- ZipRecruiter: ZipRecruiter is an ideal platform for sourcing qualified Vice President Leasing candidates due to its robust network, advanced matching algorithms, and user-friendly interface. Employers can post job openings that are instantly distributed to hundreds of job boards, maximizing visibility among experienced leasing professionals. ZipRecruiter's AI-driven candidate matching surfaces top applicants based on skills, experience, and location, saving time and improving the quality of your shortlist. The platform's screening tools allow you to filter candidates by certifications, years of experience, and industry expertise, ensuring you connect with those who meet your exact requirements. Many businesses report high success rates and faster time-to-hire when using ZipRecruiter for executive roles, making it a go-to solution for urgent or specialized searches.
- Other Sources: Internal referrals remain a powerful channel for finding trusted Vice President Leasing candidates, especially those with a proven track record in your market or sector. Encourage your current employees, board members, and industry partners to recommend qualified professionals from their networks. Professional associations, such as ICSC (International Council of Shopping Centers) and BOMA (Building Owners and Managers Association), offer job boards, networking events, and leadership directories that can connect you with seasoned leasing executives. Leveraging your company's presence at industry conferences, seminars, and roundtables can also yield strong candidates. Additionally, general job boards and executive search firms can supplement your efforts, particularly for confidential or highly specialized searches. Combining multiple channels increases your reach and improves your chances of finding the ideal Vice President Leasing for your organization.
Assess Technical Skills
- Tools and Software: Vice President Leasing professionals should be proficient in a range of industry-specific and general business tools. Key platforms include Yardi, MRI Software, and RealPage for property management and lease administration. Experience with CoStar and LoopNet is essential for market research and property listings. Familiarity with CRM systems such as Salesforce or HubSpot enables effective tenant and broker relationship management. Advanced skills in Microsoft Excel and PowerPoint are critical for financial modeling, reporting, and presentations. In larger organizations, knowledge of ERP systems and business intelligence tools (such as Tableau or Power BI) is increasingly valuable for portfolio analysis and strategic planning.
- Assessments: To evaluate technical proficiency, consider practical assessments such as case studies that require candidates to analyze a leasing scenario, develop a market strategy, or model the financial impact of a proposed deal. Ask candidates to walk through their approach to lease negotiations, tenant mix optimization, or rent roll analysis. Online skills tests can assess proficiency in Excel, property management software, or financial analysis. Reviewing work samples, such as leasing reports or pitch decks, provides insight into their technical capabilities and attention to detail. For senior roles, consider panel interviews with cross-functional leaders to gauge the candidate's ability to leverage technology in strategic decision-making.
Evaluate Soft Skills and Cultural Fit
- Communication: Vice President Leasing employees must excel at communicating complex information to diverse audiences, including C-suite executives, property owners, tenants, brokers, and internal teams. They should be adept at presenting leasing strategies, negotiating terms, and resolving conflicts with diplomacy and clarity. During interviews, assess their ability to articulate ideas, listen actively, and tailor their message to different stakeholders. Strong written communication is equally important for drafting proposals, reports, and lease documentation.
- Problem-Solving: Effective Vice President Leasing professionals demonstrate a proactive approach to overcoming challenges such as market downturns, difficult negotiations, or tenant retention issues. Look for candidates who can provide concrete examples of how they have identified opportunities, mitigated risks, and delivered creative solutions under pressure. Behavioral interview questions, such as "Describe a time you turned around a struggling asset or "How did you handle a major lease default? can reveal their critical thinking and resilience.
- Attention to Detail: Precision is crucial in lease negotiations, contract management, and compliance. Errors can lead to costly disputes or missed revenue. Assess attention to detail by asking candidates to review a sample lease document or identify potential risks in a hypothetical scenario. Reference checks can also provide insight into their track record for accuracy and thoroughness. A strong Vice President Leasing will consistently demonstrate meticulousness in both strategic planning and day-to-day execution.
Conduct Thorough Background and Reference Checks
Conducting a thorough background check is essential when hiring a Vice President Leasing, given the high level of responsibility and financial impact associated with the role. Start by verifying the candidate's employment history, focusing on roles, tenure, and achievements in leasing, property management, or related fields. Request detailed references from former supervisors, colleagues, and, if possible, clients or tenants. Ask specific questions about the candidate's negotiation skills, leadership style, and ability to deliver on leasing targets.
Confirm all stated certifications and licenses by contacting the issuing organizations directly. For example, verify CCIM, CPM, or RPA credentials through their respective institutes, and ensure any required state real estate licenses are active and in good standing. Review the candidate's educational background, including degrees and relevant coursework.
Given the financial and legal implications of leasing decisions, consider conducting credit checks and criminal background screenings in accordance with local laws and company policy. This is particularly important for roles with signing authority or access to sensitive financial information. Additionally, review public records for any history of litigation, regulatory violations, or disciplinary actions related to real estate transactions. A comprehensive background check not only protects your organization but also signals to stakeholders that you are committed to integrity and due diligence at the executive level.
Offer Competitive Compensation and Benefits
- Market Rates: Compensation for Vice President Leasing employees varies based on experience, location, and portfolio size. In major metropolitan areas, base salaries typically range from $150,000 to $250,000 per year for mid-level professionals, with senior executives commanding $250,000 to $400,000 or more. Total compensation often includes performance-based bonuses, profit-sharing, and equity incentives, especially in publicly traded or private equity-backed firms. Candidates with specialized expertise, such as multi-market oversight or experience with high-value assets, may command premium pay. Benchmark your offer against industry surveys and consult with compensation specialists to remain competitive.
- Benefits: To attract and retain top Vice President Leasing talent, offer a comprehensive benefits package that goes beyond base salary. Key perks include health, dental, and vision insurance, 401(k) matching or retirement plans, and generous paid time off. Flexible work arrangements, such as remote work options or flexible hours, are increasingly valued by executives. Professional development support, including reimbursement for certifications, conference attendance, and industry association memberships, demonstrates your commitment to ongoing growth. Additional incentives, such as company vehicles, expense accounts, wellness programs, and relocation assistance, can further differentiate your offer. Tailor your benefits to the needs and preferences of senior real estate professionals to maximize your appeal in a competitive talent market.
Provide Onboarding and Continuous Development
Successful onboarding of a Vice President Leasing is critical to ensuring their long-term integration and performance. Begin by providing a structured orientation that covers your company's mission, values, organizational structure, and strategic objectives. Introduce the new hire to key stakeholders, including executive leadership, property managers, leasing teams, and external partners. Schedule one-on-one meetings to facilitate relationship-building and knowledge transfer.
Equip your Vice President Leasing with access to all relevant tools, systems, and resources, including property management software, market data platforms, and internal reporting dashboards. Provide comprehensive documentation on current leasing strategies, portfolio performance, and active negotiations. Assign a mentor or onboarding buddy from the executive team to offer guidance and answer questions during the first 90 days.
Set clear performance expectations and milestones, such as reviewing the existing lease pipeline, identifying quick-win opportunities, and developing a 100-day action plan. Encourage open communication and regular feedback through weekly check-ins and progress reviews. Invest in ongoing training, including leadership development and industry updates, to support continuous growth. A well-executed onboarding process accelerates the new Vice President Leasing's impact, strengthens their commitment to your organization, and lays the foundation for long-term success.
Try ZipRecruiter for free today.

