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Leasing Executive
Job Title
Leasing ExecutiveJob Description Summary
The Leasing Executive role is a negotiation expert in the field of commercial real estate across office, retail and industrial asset types.Job Description
The Leasing Executive role is a negotiation expert in the field of commercial real estate across office, retail and industrial asset types. The Leasing Executive will work closely with the client/landlord/s and the Transaction Manager/s to ensure favourable market transactions are achieved whilst supporting the operations of the Integrated Portfolio Management – Transaction Management service line for Cushman & Wakefield on behalf of the client.
This role is geographically specific and a property market expert within their region who negotiates on behalf of one or multiple client portfolios.
The purpose of the Leasing Executive role is to strategically conduct negotiations of lease renewals, surrenders, make goods and market rent reviews. The Leasing Executive will source and negotiate any new site requirements, liaise directly with the client during the negotiation process and regularly update Transaction Manager/s on outcomes and local market trends to ensure the best possible transactions outcomes are achieved.
About the role:
- Review initial market brief and conduct detailed research
- Conduct an RFP/EOI process, if required
- Site inspection/s and client review
- Negotiation to reach Heads of Agreement and finalise lease documentation
- Data to Lease Administration team and update Transaction Manager
- Review updated lease information and critical dates
- Review market evidence and prepare alternative options to present to client, if required
- Engage with Transaction Manager and Integrated Workplace Solutions where required
- Conduct site inspection/s
- Negotiate Heads of Agreement
- Data to Lease Administration team and update Transaction Manager
- Review market evidence and prepare alternate options to present to client, if required
- Conduct site inspection/s
- Negotiate terms for more favourable terms, where required
- Exercise Option post final client approval
- Data to Lease Administration team and update Transaction Manager
- Review current lease and validate key terms
- Initiate enquiries with owner/lessor/managing agent
About You:
- Minimum 3years’ experience in transactional leasing within commercial real estate
- Strong experience in successful property and leasing negotiations
- Strong market knowledge within given geographical area
- Demonstrated ability to work, interact and communicate effectively with stakeholders at all levels and build positive, lasting professional relationships
- Tertiary qualification in real estate or a business-related discipline preferred
- Real Estate Agent License or Agent’s Representative (or equivalent depending on state legislation)
- Qualification or accreditation in Advanced Negotiation skills desirable
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