Director, Leasing

Job Summary:Based out of Bridge's Chicago office, the Director of leasing will coordinate and manage leasing efforts for Bridge Industrial in the Chicago region. The main responsibilities will include management and execution of local office leasing strategy, with key focus on LOI and lease negotiation, management of tenant deadlines for all requirements within leases, broker outreach and interaction and working with Regional Vice President and Asset Management Team to ensure consistent execution and reporting. The Leasing Director will also work with the local property management team to ensure proper transition of completed leases.The Leasing Director will report directly to the Regional Vice President and will be expected to collaborate on a regular basis with the Chicago Market Partner, Head of Asset Management and other key corporate employees.Essential Job Responsibilities:Lead the negotiation of LOIs and leases for all Bridge assets in the target marketCoordinate with all relevant parties to ensure lease negotiation meets key asset metrics and secures appropriate approvals from lenders, capital partners, etc.Work with Regional Partner, Regional Vice President and other relevant parties to ensure buy-in from key decision makers on major deal termsWork with each project's brokerage team to maintain a database of active prospects and all relevant market leasing dataLead the regional market outreach efforts on all projects, inclusive of project level marketing/brokerage events, giveaways and general broker meetingsMaintain accurate and up-to-date leasing records and reports to be used by Bridge's internal Asset Management and Investment Management teams for both internal and external capital reportingWork with the regional teams to create and manage the quarterly asset forecasting and appraisal processes. Provide thoughtful input to the teams to help guide the process and answer questions and respond accordinglyDevelop and maintain strong, trustworthy relationships with the commercial brokerage community in the regionParticipate in industry events and networking opportunities to promote Bridge and its projectsWork with Regional VP and internal corporate personnel to understand capital partner needs and provide responses and/or recommendations when askedConduct market research to stay informed on industry trends and competitors in order to make informed leasing decisionsAssist the Head of Asset Management with credit review for all tenants nationally.Ability to review and understand financial statements and summarize key points of interest within the statements, alongside a comparison to potential lease termsVisit assets regularly, maintain professional relationship with the regional teams, tour competing projects and have a thorough understanding of the markets and submarkets where the assets are locatedCompensation & BenefitsCompensation package will be commensurate with market and individual's experience, including salary and bonus potentialHigh potential for upward mobility in a rapidly growing company401K plan with Employer matchGenerous health, dental, and vision care insurance packagePaid sick, holiday, and vacation timeOther DetailsAiming to fill the role immediately Willingness to work >40-hour work weekUpbeat and collaborative company cultureWe do not offer remote work options but provide flexibilityMust have a car and be able and willing to work in both the Chicago and Rosemont offices QualificationsCandidates should be seasoned real estate professionals with at least 3 years of related experience in connection with leasing, asset management, sourcing, negotiating, and executing industrial leases/contracts. The successful candidate should have strong relationships with brokers, users, and others in the industry, along with a demonstrated track record of successful transactions and a deep knowledge of the market. A highly motivated team player who contributes to an atmosphere in which people work together, enthusiastically and effectively in producing outstanding resultsExcellent problem-solving, organization, communication, collaboration, critical thinking, and presentation skillsExcellent written and verbal communication skillsStrong organizational skills - time management & prioritizationAbility to read and understand commercial lease documentsStrong analytical orientation and negotiator who can balance achieving the best transaction terms for the Company, while building long-term relationshipsDisciplined work ethic to succeed in an independent work environmentDemonstrated competency with customer service; recommended via previous experience in leasing and asset managementEstablished understanding of and reputation within the regionBridge is an equal opportunity employer workplace and is an affirmative action employer. All qualified applicants will receive consideration for employment without regard to veteran status, uniform service member status, race, color, religion, sex, national origin, age, physical or mental disability, genetic information, or any other protected class under federal or state, or local law.

Created: 2024-11-06