What are the responsibilities and job description for the AVP, Leasing position at Macerich Management Company?
Great people make great properties. As a shopping center developer of some of the nation’s best real estate in top markets, Macerich offers opportunities to work, grow and develop your unique talents. Apply now to help us shape the future of retail real estate while building a meaningful, rewarding, and balanced career.
The Position on our Team:
The Assistant Vice President (AVP), Leasing is responsible for the day-to-day leasing operation of their assigned shopping centers and tenant accounts and enforces all policies and procedures related to Leasing. The AVP, Leasing is also responsible for the management duties of their assigned region. This position requires a strong understanding of sales, marketing and merchandising in order to negotiate leases and market to prospective merchants. In all efforts, the AVP, Leasing will embrace and demonstrate Macerich Core Values and partner with the property team to increase the bottom-line profitability of the shopping center.
In This Role, You Will:
- Negotiate Letters of Intent on an on-going basis and receives appropriate approvals; obtains all pertinent information and documentation for lease request.
- Monitor of lease expirations, sales termination rights and lease options for their center/accounts.
- Work with senior management on providing annual budgetary information.
- Plan and execute merchandising of assigned shopping center(s).
- Analyze of tenant sales reporting.
- Handle of cold calls from perspective long-term tenants.
- Conduct market tours.
- Attend leasing and mall management meetings.
- Communicate internally with the Leasing team on the status of what is happening in their center.
- Ability to discuss the portfolio and have market awareness.
- Ability to work in O2C to prepare Letters of Intent, input budgetary information and submit deals for lease.
- Understand Tenant Coordination’s role and how they can assist to get tenants in and open.
- Knowledge of Legal department interaction to understand Letters of Intent and our lease form.
- Work with Portfolio Review department to ensure accurate information is being presented by Leasing team during Tenant Portfolio Reviews.
- Represent region at Tenant Portfolio Review meetings on behalf of their regional Vice President.
- Successfully work with property teams on the preparation and presentation of quarterly forecasts.
- Manage a team of three to four Leasing professionals. Collaborate in all aspects of prospecting, identifying and negotiating with top national retailers.
- Responsible for presenting updates of ongoing leasing activities within the portfolio to senior management.
- Mentor new Leasing talent and manage existing talent.
- All other duties as assigned.
What You Bring to Macerich:
- Bachelor's Degree required.
- Minimum of 5-7 years in retail, marketing and/or shopping center experience, mixed use property experience a plus.
- Comprehensive understanding of marketing and merchandising techniques.
- Strong interpersonal and sales skills are necessary.
- Flexibility in work schedule, as needed.
- All applicants must be able to perform the essential functions of the position, including corresponding core job requirements, with or without a reasonable accommodation. Reasonable accommodations may be made to enable individuals with disabilities (and others in accordance with applicable law) to perform the essential functions of the job, consistent with applicable laws and Company policy.
Why You’ll Love Working with Us:
We know our people make us who we are, and we take pride in recruiting and retaining the best and brightest employees from all backgrounds. We recognize the value of strengthening our workforce with diverse thoughts, voices, ideas and people. This makes our company a rewarding and energizing environment to work in.
As an employee with Macerich, you will also benefit from the following:
- Best-in-class benefits with affordable employee contribution levels.
- Hybrid work schedule with the ability to work remotely two days per week.
- Annual paid time off, including vacation time, 12 paid holidays and 80 hours of sick time annually.
- Savings accounts for your future through 401K and Health Savings Accounts.
- Participation in the Company stock program at a discount.
- 24 paid volunteer hours annually and employer charitable match benefit.
- Access to Calm for health and wellness support, mindfulness guidance, and stress management.
- A sense of belonging fostered by wellness, satisfaction, diversity, and inclusion.
Why Macerich
We create places where people come together. Macerich is reinventing the retail experience bringing together the best of shopping, dining, office, multifamily and experiences to meet the needs of the communities we serve. With 44 properties in some of the most vibrant, bustling cities across the country from New York to California, Macerich is setting the bar for transforming retail real estate into our vision for Regional Town Centers for everyone.
Our Culture of Belonging
At Macerich, we prioritize diversity, inclusivity, and equity, benefiting our employees, workplaces, and communities. We actively seek talented individuals from diverse backgrounds, recognizing the strength it brings. Our goal is to create a thriving, respectful environment that celebrates uniqueness and fosters learning. We are proud of our practices promoting equal employment and advancement opportunities. Macerich welcomes all qualified applicants, regardless of protected characteristics. For further details, refer to our Anti-Harassment, Discrimination, and Retaliation Policy. We provide reasonable accommodations for individuals with disabilities. Contact our People team for assistance.
We strive to be leaders in our industry by operating properties that prioritize responsible stewardship of our resources for the benefit of our tenants, guests, investors, employees, communities, industry partners and the planet. We are also committed to creating a diverse, inclusive, and equitable workplace where all employees can thrive. By prioritizing and investing in our employees, we create value for our workplaces and Regional Town Centers, as well as the communities we serve.
Experience
Preferred- 5 - 7 years: Retail, Marketing, or Shopping Center experience
Education
Preferred- Bachelors or better