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Sr. Leasing Manager

Sr. Leasing Manager

PrologisMilpitas, CA, US
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Sr. Leasing Manager

At Prologis, we don't just lead the industrywe define it with a 1.3 billion square foot portfolio and an annual throughput of approximately $3.2 trillion. We create the intelligent infrastructure that powers global commerce, seamlessly connecting the digital and physical worlds. From agile supply chains to energy solutions, our ecosystems help your business move faster, operate smarter and grow sustainably. With unmatched scale, innovation and expertise, Prologis is a category of onenot just shaping the future of logistics but building what comes next.

A day in the life : Primarily responsible for driving Net Operating Income (NOI) and asset value growth through innovation, creative marketing, strategic leasing, and fostering positive relationships internal and external as part of the SF Bay Area market based in our Silicon Valley office (Milpitas, CA). As the Senior Leasing Manager, you are an integral part of the Customer Experience Team (CET) working with your peers from property management, construction and maintenance to ensure our buildings remain best in class and our customers receive world-class customer service. In this role, you will contribute to and be accountable for the Customer Experience Team's portfolio results.

Key Responsibilities Include :

  • Create, maintain, grow and foster quality relationships with existing and prospective customers and develop an in-depth understanding of our customers (their business, strategies, and trends that impact their need for space).
  • Assist Market leadership in expanding Prologis' portfolio within the market, which includes activities to support the strategic direction as well as the operational execution of all facets of the business, such as deploying capital, underwriting business acquisitions, developing pro forma, etc.
  • Establishes and maintains trusting relationships with customers, brokers, internal and external stakeholders.
  • Act as the market expert in your sub-market regarding market conditions : rents, available product and economic trends. Lead CET meetings and facilitate all asset management related tasks.
  • Own and execute the budget process for your market lease assumptions and collaborate with the property managers to maintain awareness of property financial performance relative to budget.
  • Provide reporting, market and other relevant information to various internal practice groups, including Acquisition, Development, Disposition, Capital Partners and Valuations.
  • Identify opportunities to present Prologis Essentials solutions to address customer pain points. Ensure coordination with and support from the property managers for these opportunities
  • Contributes to company initiatives through involvement on projects with impact beyond their portfolio

Building Blocks for Success :

Required :

  • 5+ years minimum of experience in leasing and brokerage field and related business experience in connection with the sourcing, negotiation, and execution of commercial leases / contracts.
  • Demonstrated deep and knowledge and competent understanding of market demand and supply, vacancy, absorption, micro and macro issues relating to properties as well as knowledge of acquisitions and valuations.
  • Professional understanding of building valuation methods (e.g., income, market, discounted cash flow, etc.).
  • Must have persuasive presentation and negotiation skills.
  • Understand the market as it relates to acquisition including knowledge of market demand and supply, vacancy, absorption, micro and macro issues relating to properties.
  • Excellent written and verbal communication skills.
  • Mastering to read and understand commercial lease documents.
  • Must have a current Real Estate sales license in the State of California or be able to obtain a license within six months of commencing employment. Please note that the company will cover relevant, associated costs and will consider the reasonable time spent acquiring the license as part of work hours.
  • Must possess a driver's license and the ability to operate a motor vehicle. Ability to travel to other company locations / properties.
  • Preferred :

  • Bachelor's degree from a four-year college or university; and related experience and / or training; or equivalent combination of education and experience.
  • Hiring Salary Range of $126,000 - $174,000 Salary and whole compensation package to be determined by the candidate's location, education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

    People First : Each of us working at Prologis plays an essential role in the enduring success of our company. We value people who are decisive, courageous and adaptable. While we are one company, locations and departments operate with autonomy and accountability. Individuals take the initiative here. When you join Prologis, you work shoulder to shoulder with some of the top talent in the industry to do the best work of your career. Every employee belongs. Every employee contributes. Employees advance their careers here. As a successful global enterprise, Prologis has never lost sight of what matters most, our strong belief that our people are the most important part of our business. And because of that, we provide a generous total rewards package and take a lot of time to focus on quality management and leadership development. People come first here.

    All full-time roles in the US come with a robust benefits package which includes healthcare, dental, and vision insurance for employees and eligible dependents. Prologis also offers several other wellness, financial, and work / lifestyle-specific benefits. Our 401(k) retirement plan has a company match of 50% up to 12% of eligible compensation. We also offer generous PTO with a starting accrual of 22 days a year in addition to paid holidays and volunteer time. All job offers are contingent upon successful completion of background verification. Prologis is an Equal Opportunity / Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religions, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.

    Employment Type : Full time

    Location : Milpitas, California

    Additional Locations :

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    Leasing Manager • Milpitas, CA, US

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