What are the responsibilities and job description for the Local Leasing and Advertising Manager - Northpark Mall position at CBL Properties?
Description
CBL Properties, one of the largest mall REITs in the United States, is in search of a Local Leasing and Advertising Manager for Northpark Mall in Joplin, MO. The Local Leasing and Advertising Manager has full responsibility for the specialty leasing and advertising financial performance and operations at assigned center(s).
The Local Leasing and Advertising Manager role contributes to the financial success of the mall through effective leasing of temporary space to tenants. This position requires a strong understanding of sales and merchandising in order to negotiate license agreements, leases, business development, contracts and market to prospective merchants. Apply and see why CBL continues to earn Great Place to Work Certification™ year after year!
This role may be a training position for possible advancement to upper levels of Specialty Leasing and Advertising, Leasing and/or General Manager. Specific responsibilities include canvassing/prospecting the regional market as well as researching potential concepts to generate new leads, documenting in CRM, effectively negotiating terms of tenancy with operators, securing proper approvals and documentation, and coordinating set-up of RMU/kiosk/inline.
ESSENTIAL DUTIES AND RESPONSIBILITIES Include The Following
Leasing
About the Organization CBL Properties is a real estate investment trust (REIT) traded on the NYSE (NYSE: CBL) for over 46 years. CBL has owned and managed a portfolio of market-dominant malls, lifestyle and open-air centers, and outlet centers in thriving markets with strong demographics and high growth potential. We manage our portfolio to generate lasting value for our shareholders as well as to provide the communities we serve with a vibrant place to shop, dine, socialize and so much more. Each property is an economic engine for its community and a valued community partner. Over time, our properties have evolved to offer more than just a place to shop, but a community hub that combines retail, a variety of dining and entertainment options, events, services, health and wellness offerings, and more.
CBL offers a robust benefits package that includes medical/dental/vision insurance, HSA/FSA, short-term & long-term disability insurance, 401K, tuition reimbursement, volunteer hours, pet insurance, life/AD&D insurance, accident/critical illness/hospital indemnity plans, PTO, and Holidays.
EOE Statement We are an Equal Opportunity and Affirmative Action Employer, encouraging diversity in the workplace. All qualified applicants will receive consideration for employment and subsequent opportunities for training, advancement, promotion, compensation (increases and/or reductions) and/or termination without regard to race, national origin, gender, gender identity, age, religion, disability, sexual orientation, veteran status, marital status, or any other status protected under local, state or federal laws. In addition, harassment on the basis of race, national origin, gender, gender identity, age, religion, disability, sexual orientation, veteran status, marital status, or any other status protected under local, state or federal laws will not be tolerated.
CBL Properties, one of the largest mall REITs in the United States, is in search of a Local Leasing and Advertising Manager for Northpark Mall in Joplin, MO. The Local Leasing and Advertising Manager has full responsibility for the specialty leasing and advertising financial performance and operations at assigned center(s).
The Local Leasing and Advertising Manager role contributes to the financial success of the mall through effective leasing of temporary space to tenants. This position requires a strong understanding of sales and merchandising in order to negotiate license agreements, leases, business development, contracts and market to prospective merchants. Apply and see why CBL continues to earn Great Place to Work Certification™ year after year!
This role may be a training position for possible advancement to upper levels of Specialty Leasing and Advertising, Leasing and/or General Manager. Specific responsibilities include canvassing/prospecting the regional market as well as researching potential concepts to generate new leads, documenting in CRM, effectively negotiating terms of tenancy with operators, securing proper approvals and documentation, and coordinating set-up of RMU/kiosk/inline.
ESSENTIAL DUTIES AND RESPONSIBILITIES Include The Following
Leasing
- Recommend and implement programs that will contribute to assigned center(s) profitability.
- Identify opportunities for income enhancement and expense reduction including lease prospects, optimal mix, and related canvassing, negotiation of new and renewing license agreements/ leases with SL Home Office approval, coordination of temporary tenant program.
- Assign locations for the specialty merchants, taking into account the product lines of permanent merchants. Coordinate set-up and operation of temporary tenants with operations staff at assigned center(s). Monitor and account for the maintenance and upkeep of RMU’s.
- Facilitate deal-making administrative responsibilities directly and with the assistance of the mall General Manager, utilizing the company CRM process.
- Partner with Leasing Manager to identify potential temporary to permanent conversion prospects in assigned center(s). Promote the identity of the Specialty Leasing and Advertising program and create awareness of other CBL properties in the region.
- Develop, maintain, and strengthen collaborative relationships inside and outside the organization.
- Listen actively and express self clearly in conversations and interactions with others; express self clearly in business writing to effectively reach the audience.
- Remain open to different and new ways of doing things; willing to modify one’s preferred way of doing things.
- Adaptable to the changing nature of the business.
- Identify property objectives with team specialty/home office. Prospect for unique product lines in order to expand the merchandise mix of the center and increase revenue. Maintain organized CRM system for contacts.
- Monitor visual merchandising presentations and overall operation of the Specialty Leasing and Advertising program.
- Analyze financial reports and functions continuously including monitoring of collections for both temporary and permanent tenants. Coordinate with Operations Services department to assure timely payment of specialty tenant(s) rent obligations and delinquency collections.
- Prepare, revise and/or review projection/ sales reports and Specialty Leasing budget. Insure Specialty Leasing and Advertising income projections per the monthly budget process are met and reconciled. Assist the team to achieve the minimum rent projections for the assigned center(s).
- Develop long-range plans for the assigned center(s) accomplishment of income generating objectives.
- Document Specialty Leasing program activities appropriately and include noteworthy information in mall management staff meetings bi-weekly/weekly.
- Prioritize projects to meet required deadlines. Carefully manages several projects at once, focusing on the desired end-result of one’s work.
- Interact and collaborate as is appropriate with Leasing, General Manager, Marketing and others to ensure effective outcomes. Function as part of the leasing and management team for the assigned center(s).
- Ensure that work is complete and carefully reviews the accuracy of information in work.
- Other duties may be assigned.
- Bachelor's degree (B. A.) from four-year College or University and a minimum of one year of related experience and/or training; or equivalent combination of education and experience in Sales.
- Strong written and oral communication skills.
- Excellent public relations abilities.
- Proficiency in computer usage, particularly MS Word, Excel and Outlook.
- ICSC designations preferred, but not required.
- This position requires flexibility in working hours.
About the Organization CBL Properties is a real estate investment trust (REIT) traded on the NYSE (NYSE: CBL) for over 46 years. CBL has owned and managed a portfolio of market-dominant malls, lifestyle and open-air centers, and outlet centers in thriving markets with strong demographics and high growth potential. We manage our portfolio to generate lasting value for our shareholders as well as to provide the communities we serve with a vibrant place to shop, dine, socialize and so much more. Each property is an economic engine for its community and a valued community partner. Over time, our properties have evolved to offer more than just a place to shop, but a community hub that combines retail, a variety of dining and entertainment options, events, services, health and wellness offerings, and more.
CBL offers a robust benefits package that includes medical/dental/vision insurance, HSA/FSA, short-term & long-term disability insurance, 401K, tuition reimbursement, volunteer hours, pet insurance, life/AD&D insurance, accident/critical illness/hospital indemnity plans, PTO, and Holidays.
EOE Statement We are an Equal Opportunity and Affirmative Action Employer, encouraging diversity in the workplace. All qualified applicants will receive consideration for employment and subsequent opportunities for training, advancement, promotion, compensation (increases and/or reductions) and/or termination without regard to race, national origin, gender, gender identity, age, religion, disability, sexual orientation, veteran status, marital status, or any other status protected under local, state or federal laws. In addition, harassment on the basis of race, national origin, gender, gender identity, age, religion, disability, sexual orientation, veteran status, marital status, or any other status protected under local, state or federal laws will not be tolerated.