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About the Role

The Leasing Manager is responsible for negotiating long-term leases for retail stores at assigned shopping centers, maintaining communication with retailers, and promoting properties. They monitor market conditions and merchandise mix to identify suitable store types for the property. Reasonable accommodations are available for employees with disabilities.

Responsibilities

• Negotiate Letters of Intent and obtain necessary approvals and documentation for lease requests.
• Monitor lease expirations, sales termination rights, and lease options for their centers/accounts.
• Collaborate with senior management to provide annual budgetary information.
• Merchandise their assigned shopping centers.
• Analyze tenant sales reports.
• Handle cold calls from prospective long-term tenants.
• Network and build relationships with local brokers.
• Prospect and canvass for new retailers and operators for assigned centers.
• Conduct market and property tours.
• Attend leasing and mall management meetings.
• Communicate with the leasing team about the status of their centers.
• Discuss the portfolio and maintain market awareness.
• Use O2C to prepare Letters of Intent, input budgetary information, and submit deals for lease.
• Understand Tenant Coordination’s role in getting tenants in and open.
• Interact with the legal department to understand Letters of Intent and lease forms.

Requirements

• Bachelor's Degree required.
• Minimum of 3-5 years of experience in retail, marketing, and/or shopping centers.
• Comprehensive understanding of marketing and merchandising techniques.
• Familiarity with business and legal terminology.
• Strong interpersonal and sales skills.

Work Type

• Remote Fridays

Experience Level

• 3-5 years of experience

Education Level

• Bachelor's Degree

Salary/Compensations

• $120,000 - $150,000 plus a 50% Target Bonus Potential

Benefits

• Best-in-class benefits with affordable employee contribution levels
• Paid time off, including vacation time, 12 paid holidays and 80 hours of sick time annually
• 401(k) match with immediate vesting
• Ability to purchase company stock at a 15% discount
• 24 paid volunteer hours and employer charitable match
• Employee Assistance Program
• Career-development resources
• Comprehensive wellness program including Calm Health and ClassPass memberships

About the Company

• Macerich is one of the country's leading owners, operators, and developers of major retail real estate (NYSE:MAC).
• Our high-quality retail properties in many of the most affluent and densely populated U.S. markets set Macerich apart.
• By bringing communities together, we create long-term value for our shareholders, partners and customers.
• Our shared values drive our progress: Excellence, Relationships, Optimism, Integrity, Empowerment and Fun.

Equal Opportunity

• Macerich is an Equal Opportunity Employer committed to employing a diverse workforce.
• Qualified applicants will be considered without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status or disability.