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Retail Leasing Associate

Retail Leasing Associate

Bridge33 CapitalChicago, IL, US
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Job Description

Job Description

JOIN OUR TEAM

Bridge33 Capital is a rapidly growing, vertically integrated real estate private equity firm focused on open-air retail real estate. The Company recently raised $458 MM in its latest opportunistic fund, marking a key milestone for the company.

We are seeking a COMMERICAL REAL ESTATE RETAIL LEASING ASSOCIATE who will report to the Leasing Manager and be responsible for completing renewals and proactively assisting in the marketing and leasing strategies for assigned properties . This is an in-person role based in our downtown Chicago office. Come make your mark as an integral part of Bridge33 Capital!

MISSION

We build relationships and create value where others don’t.

KEY PRINCIPLES

We’re Better Together | We’re Here to Serve | We crush our egos, and we have empathy for teammates | We stay positive | We embrace accountability, and we champion results.

ESSENTIAL RESPONSIBILITIES

Lease Renewals :

  • Manage the entire lease renewal process within an assigned portfolio.
  • Analyze market conditions and prepare renewal proposals (i.e., Letters of Intent)
  • Negotiate lease terms, rental rates and rent abatement and allowances.
  • Coordinate with internal teams such as legal, property management, asset management and construction on appropriate lease changes and processes.
  • Maintain the renewal pipeline and track critical dates.

New Leasing :

  • Generate leads for new leasing opportunities within an assigned portfolio.
  • Schedule property tours with prospective tenants.
  • Support marketing efforts for vacant spaces.
  • Lease Assignments :

  • Process tenant assignment requests and evaluate assignee qualifications.
  • Review financial statements and credit reports of potential assignees.
  • Coordinate with legal counsel on assignment documentation.
  • Ensure compliance with existing lease terms and landlord consent requirements.
  • Maintain assignment tracking database.
  • Requirements

    QUALIFICATIONS

    Required :

  • A minimum of 1-2 years’ leasing experience in a retail leasing or marketing role in commercial real estate; property management or related field.
  • Excellent written and verbal communication abilities.
  • Detail-oriented with strong organization skills
  • Ability to develop strong relationships and build appropriate rapport as well as constructive relationships internally and externally.
  • Ability to manage multiple projects simultaneously
  • Strong integrity and work ethic.
  • Comfortable working in a high growth organization with high demand expectations.
  • Ability to communicate clearly and effectively, both orally and in writing, with different audiences within and outside the organization.
  • Self-motivated, proactive, and able to work independently and as part of a team.
  • Preferred :

  • A bachelor’s degree or equivalent education is preferred.
  • Experience with commercial real estate software (Yardi, MRI, Salesforce, etc.)
  • Knowledge of commercial lease structures and terminology
  • Previous customer service or client relationship experience
  • Benefits

    WHAT WE OFFER

  • Fast paced and dynamic work environment, including frequent interaction with the senior management team.
  • Generous paid time off policy
  • Company sponsored medical, dental and vision insurance.
  • Company paid short- and long-term disability insurance as well as life insurance.
  • Paid parental leave.
  • 401k plan with Company match
  • 11 paid holidays
  • The annual base salary range for this position is $74,530 - $93,690 and is eligible for a quarterly bonus based on individual performance.

    Bridge33 provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. Bridge33 is committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please contact our Human Resources department at hr.requests@bridge33capital.com.

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