Job Description
Description
Who We Are
RioCan is one of Canada’s largest Real Estate Investment Trusts (REIT). We own, manage and develop retail-focused, increasingly mixed-use properties in Canada’s major markets. We pioneered the REIT concept over 30 years ago and have transformed Canadian real estate.
We are proud to be recognized as one of Canada’s Greenest Employers and a Greater Toronto’s Top Employer. At RioCan, you can build a career with real impact and longevity. You get the stability and resources of an established company and the entrepreneurial and collaborative spirit of a start-up. Life at RioCan is dynamic and fast-paced. We know that great ideas can come from anywhere, and we empower our people to suggest and implement them. We value different voices and perspectives and appreciate that the unique backgrounds and identities we each bring to our jobs make the whole business stronger.
POSITION OVERVIEW:
Reporting to the Director, Leasing the position is responsible for negotiating leasing contracts with tenants and maintaining tenant relationships. Responsible for all economic and legal aspects (documentation) of creating new tenancies and renewals.
RESPONSIBILITIES:
- Develop, build and maintain relationships with existing and potential new tenants and manage the potential deal until revenue is realized.
- Negotiate deals and complete lease and offer to lease agreements.
- Monitor and manage all lease renewals for a given portfolio, including negotiating renewal documentation with existing tenants and determining replacement strategy.
- Assess current asset positions and determine the best strategy to improve economic performance.
- Respond to all tenant issues.
- Negotiate and prepare Offers to Lease for execution by Senior Management.
- Visit various properties to ensure a strong understanding of various markets and locations.
- Go out to each property and do showings and prospecting.
- Monitor and review existing tenant relationships.
- Attend conventions (ie; ICSC).
- Formulate partnerships with existing Real Estate Brokers, prospective Tenants and department heads. Cold call perspective clients.
- Maintain accurate and organized records of each transaction.
- Create annual budget revenue projections and manage revenue side of assigned portfolio.
- Lease available and vacant space within the various properties, including marketing, preparation of offers and negotiate all aspects of formal proposal and lease documents.
- Other duties / projects as assigned.
QUALIFICATIONS:
- University/ College Degree
- 5 years of practical experience in retail leasing
- Involvement in retail leasing industry organizations (ie: ICSC)
- Advanced negotiating skills accompanied by strong oral and written communication skills, with the ability to effectively communicate across all levels of the organization
- Demonstrated time management skills and must be able to handle multiple tasks/projects in a fast paced environment
- Exceptional interpersonal skills, able to work well with others in a team environment
- Proficient in Word, Excel and Outlook
Why join RioCan?
We believe in rewarding you for what you do and investing in your career and long-term success. Our total rewards and perquisites program is designed to fit and enrich your life physically, emotionally, financially, and socially. We offer eligible employees:
Work / Life Balance that prioritizes YOU. Enjoy a hybrid work model with flexible work hours, an extra-long weekend with our RioCan Cares Day, and half days before every long weekend in the summer.
Professional Growth and Development that includes a continuing education reimbursement, a mentorship and leadership development program, on-demand online learning, and cross-training opportunities.
An Extensive Health and Benefits Program that includes health and dental benefits for you and your family starting on day one, a healthcare spending
Company
RioCan Real Estate Investment Trust
Location
Toronto
Country
Canada
Salary
100.000
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