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Director of Commercial Leasing

Denholtz Properties

  • New Jersey
  • 30+ days ago

    Highlights

    Status: Full-time, Exempt Compensation: $150,000 to $185,000 annual salary + bonus Summary The Director of Commercial Leasing will oversee and drive all aspects of the leasing performance of a 5+million square foot and growing national portfolio of commercial (primarily shallow-bay industrial) assets for a leading, vertically integrated Real Estate Investment Management and Operating firm. Recommend leasing/revenue assumptions for annual budgeting and regular reforecasting exercises; and assist acquisitions and asset management teams in developing revenue underwriting assumptions for new acquisitions.

    Numbers & Facts

    LocationNew Jersey
    Websitehttps://denholtz.com

    Description

    Director of Commercial Leasing
    Location: Red Bank, NJ (On-site)
    Reports to: SVP, Head of Asset Management
    Status: Full-time, Exempt
    Compensation: $150,000 to $185,000 annual salary + bonus
     
    Summary
    The Director of Commercial Leasing will oversee and drive all aspects of the leasing performance of a 5+million square foot and growing national portfolio of commercial (primarily shallow-bay industrial) assets for a leading, vertically integrated Real Estate Investment Management and Operating firm.
     
    Essential Functions
    • Develop and execute portfolio-wide leasing strategies aligned with investment objectives and business plans
    • Drive the performance of leasing brokers to maximize performance, occupancy and revenue.
    • Lead all aspects of commercial leasing activity across industrial, retail, office and/or mixed-use assets, including new leasing, renewals, and expansions.
    • Develop and implement marketing and pricing strategies to achieve occupancy and leasing business plan targets.
    • Source, cultivate, and maintain relationships with prospective tenants, tenant representatives, brokers, and strategic market participants.
    • Coordinate with asset and property management and construction teams regarding tenant improvements, space planning, and project delivery timelines.
    • Negotiate letters of intent (LOIs), lease agreements, amendments, renewals, and related transaction documentation.
    • Work closely with legal counsel and internal stakeholders to ensure timely and accurate lease execution.
    • Recommend leasing/revenue assumptions for annual budgeting and regular reforecasting exercises; and assist acquisitions and asset management teams in developing revenue underwriting assumptions for new acquisitions.
    • Provide clear and institutional quality reporting to internal and external stakeholders highlighting asset and portfolio-level leasing performance, risks, market data, benchmarking etc.
    • Analyze market trends, supply and demand dynamics, competitive properties, rental rate trends, and tenant activity to inform strategic decisions.
    • Identify process improvements to increase efficiency and accuracy.
    • Analyze and monitor leasing pipeline and proactively identify opportunities to improve occupancy, tenant mix, and revenue growth.
     
    Qualifications
    • Bachelor's degree in Real Estate, Finance, Business Administration, Economics, or related field; advanced degree preferred.
    • 8+ years of experience in commercial leasing or brokerage
    • Demonstrated experience leading complex lease negotiations and executing high-value commercial transactions.
    • Strong understanding of commercial lease structures, financial modeling, valuation concepts, and real estate investment fundamentals.
    • High attention to detail and strong organizational skills
    • Excellent written and verbal communication skills
    • Experience working within a fully integrated real estate platform strongly preferred.
    • Proficiency in Microsoft Office (Excel required)
    • Experience with Yardi and VTS preferred
     
    What We Offer
    • Competitive salary and bonus potential
    • Comprehensive benefits package including medical, dental, and vision insurance
    • 401(k) with employer match
    • Paid vacation, sick time and company holidays
    • Creative and collaborative culture

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