Job closed
Ref: HP350-7655
Job description / Role
We are seeking a dynamic and driven Urban/High Street Retail Leasing Director to spearhead the leasing efforts for our large mega development project. The ideal candidate will have a proven track record in retail leasing, a deep understanding of market dynamics, and a passion for curating diverse and exciting retail offerings.
Client Details
One of the leading mixed-use developments categorized as a Giga Project in KSA
Description
• Leasing Strategy Development: Develop and implement a strategic leasing plan to attract a diverse mix of retail tenants that complement the overall vision and target demographic of the mega development project.
• Prospecting and Tenant Outreach: Identify and cultivate relationships with prospective retail tenants, including local boutiques, regional chains, and national brands. Conduct market research to identify leasing opportunities and trends.
• Lease Negotiation and Documentation: Lead lease negotiations with prospective tenants, including terms, rental rates, and tenant improvement allowances. Prepare lease agreements and other leasing documentation in collaboration with legal counsel.
• Tenant Relationship Management: Build and maintain strong relationships with retail tenants throughout the leasing process, from initial inquiry to lease execution and beyond. Serve as the primary point of contact for tenant inquiries and concerns.
• Market Analysis and Benchmarking: Conduct ongoing market analysis and benchmarking to stay informed of competitive leasing trends, rental rates, and tenant mix strategies. Utilize market insights to refine leasing strategies and maximize occupancy.
• Collaboration with Development Team: Collaborate closely with the development team, including architects, designers, and property managers, to ensure alignment between leasing objectives and project requirements. Provide input on retail space design and layout to optimize leasing potential.
• Marketing and Promotion: Develop and execute marketing and promotional campaigns to showcase retail leasing opportunities within the mega development project. Utilize digital and traditional marketing channels to reach prospective tenants effectively.
• Tenant Onboarding and Transition: Facilitate a smooth onboarding process for new retail tenants, including orientation sessions, coordination of tenant improvements, and integration into the development's community and amenities.
Job Offer
Lead the Urban / High Street Leasing portfolio for one of the Giga projects in KSA
Work alongside a team of world class real estate/development professionals
Requirements:
• Bachelor's degree in Business Administration, Real Estate, Marketing, or related field. Master's degree preferred.
• Minimum of 12 years of experience in retail leasing, preferably in urban/high street retail environments.
• Proven track record of successful lease negotiations and tenant relationship management.
• Strong understanding of retail market dynamics, leasing trends, and industry best practices.
• Excellent communication, negotiation, and interpersonal skills.
• Analytical mindset with the ability to interpret market data and make data-driven leasing decisions.
• Proficiency in lease documentation and contract negotiation.
• Ability to thrive in a fast-paced, dynamic environment and manage multiple leasing projects simultaneously.
About the Company
Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.
The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:
Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal
The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.
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