Leasing Associate: The Leasing Representative position negotiates LOIs, leases and leases renewals and performs related activities. This position reviews tenant credit, business plan and business financials. The Leasing Representative also builds a network with national/regional tenants and works with local brokers to determine market rent comps and tenant mix.
Job Responsibilities: •The essential functions in this job description are not all-inclusive of this job’s duties and responsibilities. Reliable and dependable attendance is required. •Builds a network with national/regional tenants and works with local brokers to determine the market rent comps and appropriate tenant mix. •Develops an understanding of land cost, construction cost and rent income. Assists Leasing Manager with running pro-forma as basis for development recommendations and prepares presentation packages for Real Estate Site Acquisition Committee. •Negotiates LOI, leases and lease renewals and works with leasing attorney to resolve leasing conflicts. •Works closely with construction team to coordinate space turnover to tenants. •Reviews lease assignments and negotiates rent reductions and buy-outs. •Reviews tenant credit, business plan and business financials. •Works closely with property management team to monitor delinquent tenants and recommend plans of action. •Attends ICSC Conferences and other related real estate conferences and events.
Job Requirements: •Bachelor’s degree in Real Estate or Business or related field required •Minimum three years of real estate experience, preferably in the retail/hospitality environment •Successful completion of annual store training
•Some travel to real estate sites
Panda Restaurant Group's culture is strongly guided by our Mission and Values, highlighted on the Panda websites. We recommend all interested candidates become familiar with our Mission and Values, as well as the principles of The Seven Habits of Effective People, by Stephen Covey.
Panda Restaurant Group, Inc. is an Equal Opportunity Employer