Specialty Leasing & Revenue Manager
$90k - $114kJLL
JLL empowers you to shape a brighter way . Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented peopleand empowering them tothrive, grow meaningful careers and to find a place where they belong. Whether you've got deep experience in commercial real estate, skilled trades or technology, or you're looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward. Job Summary The Specialty Licensing Manager will oversee and direct the specialty leasing program at Manhattan Village to achieve the property's specialty leasing income, ancillary income and occupancy goals. Primary responsibilities include the ongoing licensing of the common area RMUs, events and common area activations, temporary inline stores, and ancillary income. Other accountabilities include budgeting, financial reporting and forecasting. Must demonstrate the ability to juggle responsibilities, prioritize tasks and manage time effectively. Job Responsibilities Specialty Leasing Identify new and unique prospects for the specialty leasing program and/or permanent leasing. Ensure that specialty leasing retailers and amenities enhance the appearance and values of the shopping center and meet JLL's visual merchandising requirements and standards of professionalism.
- Maintain ongoing communication with permanent leasing agent to ascertain space availability, merchandise mix goals, and incubation candidates.
- Generate alternative revenue through ancillary income opportunities including but not limited to advertising and sponsorships.
- Oversee all specialty leasing retailers to ensure adherence to the property's Operational Guidelines and Design Criteria.
- Prepare all license agreement documents in JLL's DealTrak or JLL's Yardi Retail Manager system upon program transition. Coordinate the execution of agreements with the General Manager and the Licensee.
- Coordinate all national deals with the Regional Specialty Leasing Manager.
- Maintain ongoing communication with permanent leasing agent to ascertain space availability, merchandise mix goals, and incubation candidates.
- Generate alternative revenue through ancillary income opportunities including but not limited to advertising and sponsorships.
- Oversee all specialty leasing retailers to ensure adherence to the property's Operational Guidelines and Design Criteria.
- Prepare all license agreement documents in JLL's DealTrak or JLL's Yardi Retail Manager system upon program transition. Coordinate the execution of agreements with the General Manager and the Licensee.
- Coordinate all national deals with the Regional Specialty Leasing Manager.
- Establish an ongoing partnership with Licensees to maximize individual store sales through a retailer communication/sales program.
- Develop and implement specialty leasing retailer action plans aimed at maximizing sales and increasing the center's value.
- Communicate and Collaborate with Specialty Leasing National Account Team to optimize revenue opportunity
- Monitor, control, and adjust, as appropriate, specialty leasing budgets and forecasts and ancillary income goals to meet year-end projections.
- Process all license agreements in accordance with JLL Accounting and with JLL's Data Management procedures.
- Collect monthly sales reports from Licensees and generate a sales report, ensuring all percentage rent and percentage in lieu is billed appropriately and timely
- Ensure rent is collected timely from all Licensees adhering to the Specialty Leasing A/R Policies & Procedures
- Ensure each licensee has provided the appropriate Certificate of Insurance.
- Coordinate the set-up, relocation, and breakdown of all specialty leasing Licensees.
- Ensure that JLL Core Practices are followed.
- Intermediate skills in Microsoft Office suite
- Experience in managing budgets and forecasts
- Excellent interpersonal and communication skills (verbal and written)
- Strong deal making, prospecting, networking and leasing experiences
- Must have strong closing skills
$90k - $114k
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