Senior Operations Associate, Specialty Care
Spring HealthSalary not specified
Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Real Estate, RetailIndustries
Requirements
- (None specified)
Responsibilities
- Locate, identify, and evaluate potential Specialty Leasing (SL) tenants and other income sources for shopping center properties in both common area and in-line vacancies
- Develop and implement a plan including regularly attending trade shows, reviewing publications, and canvassing the area to identify retailers and other potential income-generating tenants
- Develop and maintain relationships with prospective SL tenants and existing mall tenants
- Network with area leasing representatives and industry associates
- Identify and develop new leasable locations in the common area
- Negotiate Lease Agreements: establish SL rent guidelines and income objectives based on analysis of sales, permanent leases, and income goals; negotiate terms and submit tenant information, terms, locations, and use clause for approval
- Generate SL income for assigned properties to achieve assigned SL financial goals
- Ensure maximum occupancy and minimum downtime
- Support in-line leasing efforts by assisting in identifying and developing local tenants into potential permanent tenants
- Submit regular weekly reports on deal making, forecasting, revenue goal achievement, and program implementation status
- Assist Vice President – Specialty Leasing and Specialty Leasing Manager in identifying and completing SL national tenant deals
- Assist in identifying potential new multiple-mall and national tenants
- Refer prospects to Specialty Leasing Manager or directly to other Simon Property Group properties
- Coordinate SL-related administrative duties with Mall Managers and other Property Management staff
- Coordinate completion of Lease Agreements, SL program administration, and SL tenant setup
- Monitor rent collection, income transmittals, sales reporting, and accurate processing of Lease Agreements
- Monitor monthly and quarterly property and Home Office SL income and expense reports
- Assist Mall Managers in achieving acceptable merchandising and visual presentations
- Monitor placement of units/tenants in the common area
- Provide oversight responsibility for multiple properties as assigned
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the salary for the Associate, Specialty Leasing position?
This information is not specified in the job description.
Is this a remote position or does it require onsite work?
This is an onsite position.
What key skills are needed for this role?
Key skills include tenant sourcing and evaluation, market research through trade shows and canvassing, relationship management with tenants, lease negotiation, and networking with industry associates.
What does the company culture or work environment look like for this role?
This information is not specified in the job description.
What makes a strong candidate for this Associate, Specialty Leasing role?
A strong candidate would demonstrate the ability to source tenants, conduct market research, negotiate leases, manage relationships, and generate income to meet financial goals, ideally with a structured learning approach for the first year.
Brixmor Property Group
Owns and operates retail shopping centers
About Brixmor Property Group
Brixmor Property Group owns and operates around 360 retail centers in the United States, serving as important locations where retailers and communities interact. Their properties range from large shopping centers to smaller spaces available for lease or sale. The company focuses on sustainable growth by revitalizing underused assets and collaborating with businesses to create lively retail environments. Brixmor's revenue comes mainly from leasing spaces to a variety of tenants, including national retailers, local businesses, and seasonal pop-up shops. They offer flexible leasing options and prime locations to attract a diverse clientele. Brixmor stands out from competitors through its commitment to community engagement and sustainable practices, ensuring that its properties remain appealing and beneficial to both tenants and local communities.
New York City, New YorkHeadquarters
1985Year Founded
$400MTotal Funding
IPOCompany Stage
Real EstateIndustries
201-500Employees
Benefits
Paid parental leave
Medical/Rx/Vision coverage
Dental
Flexible spending accounts
401(k)
Life insurance
Service days
Education assistance
Risks
Rising interest rates could impact Brixmor's financing for acquisitions and redevelopment.
E-commerce growth may reduce foot traffic to Brixmor's physical shopping centers.
Potential tenant bankruptcies could increase vacancy rates and reduce rental income.
Differentiation
Brixmor focuses on grocery-anchored centers, ensuring stable foot traffic and revenue.
The company partners with entrepreneurs to revitalize underused assets, enhancing community value.
Brixmor offers flexible leasing options, attracting diverse tenants including pop-up shops.
Upsides
Moody's upgraded Brixmor's credit rating to 'Baa2', reflecting strong operating results.
Record occupancy rates and lease retention indicate robust demand for Brixmor's properties.
Brixmor's focus on sustainability aligns with increasing tenant and investor preferences.
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