Key Responsibilities:
1. Leasing Strategy & Planning:
- Develop and implement the overall leasing strategy for the company's industrial real estate portfolio, including warehouses, distribution centers, manufacturing facilities, and logistics parks.
- Define and meet leasing targets to maximize occupancy rates and rental income across industrial assets.
- Analyze market trends, competitor activities, and tenant requirements to inform leasing decisions and strategies.
- Collaborate with the marketing and sales teams to enhance property visibility and attract potential tenants.
2. Tenant Acquisition & Relationship Management:
- Lead the tenant acquisition process, from sourcing prospective tenants to closing lease agreements for industrial properties.
- Negotiate lease terms, conditions, and rental rates with potential tenants, ensuring mutually beneficial terms while safeguarding the company's interests.
- Develop and maintain strong relationships with major industrial tenants, brokers, and corporate clients in the logistics and manufacturing sectors.
- Act as the main point of contact for key tenants, addressing their operational and expansion needs within the company's industrial properties.
3. Lease Negotiation & Contract Management:
- Oversee the negotiation, preparation, and execution of leasing contracts, ensuring compliance with legal and regulatory requirements.
- Review and approve lease documentation, including renewals, extensions, and amendments.
- Ensure lease terms align with financial goals, space utilization strategies, and property management standards.
- Manage rent reviews, lease audits, and renewals to maintain positive cash flow and tenant retention.
4. Market Research & Expansion:
- Conduct market research to identify opportunities for leasing industrial space to key industry players (e.g., e-commerce, logistics, manufacturing, FMCG).
- Provide insights into market dynamics, including demand for industrial spaces, rental rates, and tenant preferences.
- Assist in identifying new industrial property acquisitions or developments based on tenant demand and leasing potential.
- Track industrial real estate trends, supply chain shifts, and regional economic factors to anticipate tenant needs and adjust leasing strategies accordingly.
5. Portfolio Management & Reporting:
- Maximize occupancy across the company's industrial portfolio, ensuring a strong pipeline of potential tenants.
- Work closely with asset management and operations teams to ensure tenant satisfaction and retention.
- Monitor the performance of the leasing portfolio, providing regular reports on occupancy rates, leasing timelines, revenue forecasts, and market trends to senior management.
- Ensure that property vacancy rates are minimized, and that the company's industrial assets are fully utilized.
6. Leadership & Stakeholder Engagement:
- Lead and mentor a team of leasing managers and executives, fostering a performance-driven culture.
- Engage with internal stakeholders (legal, finance, operations) to streamline the leasing process and address any leasing-related challenges.
- Represent the company at industry conferences, exhibitions, and networking events to build relationships and promote the company's industrial assets.
Qualifications:
- Education: Bachelor's degree in Business Administration, Real Estate, or a related field. MBA or real estate certifications (RICS, SIOR) preferred.
Experience:
- 10-15 years of leasing experience in commercial or industrial real estate, with at least 5 years in industrial/logistics property leasing.
- Proven track record of successful lease negotiations and tenant acquisition in the industrial sector.
Skills:
- Strong negotiation and relationship management skills.
- In-depth knowledge of industrial real estate leasing practices, market dynamics, and tenant requirements.
- Ability to manage multiple leases and portfolios concurrently.
- Financial acumen and understanding of leasing profitability metrics.
- Leadership experience in managing teams.
Key Skills:
- Industrial Real Estate Leasing
- Tenant Acquisition & Relationship Management
- Lease Negotiation & Contracts
- Market Analysis & Research
- Portfolio Management
- Team Leadership & Mentorship
- Occupancy Optimization
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