Associate - Leasing Strategy

LocationLos Angeles, California, United States

TypeOnsite

ApplyDescription

Asana Partners is a growing real estate private equity firm with $8 billion in assets under management. We acquire, enhance, and operate mixed-use and retail properties in dynamic neighborhoods across the country. Our distinctive company culture is the key to our success. We recruit high-performing, ambitious individuals who are entrepreneurial and eager to maximize their potential in a team environment. We value relationship building – both internally and externally – and view it as the foundation for creating value for our neighborhoods and generating strong results for our investors.

Asana Partners is known for our proven, strategic approach; our sophisticated, collaborative team; and our high-quality portfolio. Headquartered in Charlotte with offices in Atlanta, Boston, Columbia, Denver, and Los Angeles, we were founded to be a firm that would provide career-long opportunities for our people and a long-term partner for our investors.For additional information, visit www.asanapartners.com or follow @asanapartners.The Associate - Leasing Strategy will be responsible for supporting the Leasing Team to drive merchandising, lead generation, and LOI execution across a portfolio of institutional-quality retail driven assets.

The Associate – Leasing Strategy will assist in managing landlord broker relationships and drive outperformance in pace and economics for budgeted lease executions. The Associate – Leasing Strategy will motivate and direct brokers to driving leasing that is additive to the merchandising quality of the portfolio with acute attention to detail and timeliness. The Associate – Leasing Strategy will act independently, but under the leadership of the Directors. The ideal candidate is a self-starter that takes initiative and can act independently. This role will include the management of third-party brokers and a cross-functional internal team to drive property level performance.The Associate – Leasing Strategy will operate in a team-oriented, fast-paced, entrepreneurial, and high-performance environment, and working closely with the Asset Management, Investments and Redevelopment Teams. Duties include:

Drive merchandising and execution for individual assets in a multi-property portfolio in the West Coast region
Develop and maintain execution ready merchandising plans
Manage relationships with landlord brokers including materials provision, deal support, and direction across all portfolio assets; ability to keep brokers on track and moving toward goals
Source best-in-class local and regional retailers alongside local landlord brokers
Build and maintain relationships with regional and local tenant representatives
Negotiate LOIs with new and existing tenants, review leases alongside Asset Management, maintain deal owenrship by creating lease exhibits and tracking deal progress
Maintain cross-functional communication via regular meetings with portfolio specific Acquisitions, Redevelopment and Asset Management team members
Develop market rent and absorption assumptions for acquisition opportunities
Support marketing team with property level updates for portfolio assets such as site plan review, occupancy status and lease pipeline information
Maintain understanding of local market knowledge and critical market dynamics

Requirements

Strong knowledge of market fundamentals and leasing principles
Understanding of LOI terminology
Proven ability to establish effective relationships with various internal and external stakeholders
Excellent verbal and written communication skills
Strong work ethic and ability to work both on a team and independently
2-5 years of retail or office leasing experience, with a proven track record of successful lease negotiations and relationship management
Bachelor’s degree or higher in Business, Marketing or Communications

Life at Asana Partners

Offering a broad universe of institutional investors a proven approach to retail real estate, industry veterans Terry Brown, Jason Tompkins, and Sam Judd launched Asana Partners in July 2015. Drawing from the team's deep retail operational and investment background, including more than $15 billion in retail real estate transaction activity over the last 15 years, the company acquires, owns, and operates retail properties in dynamic markets across the United States.

Success in this industry requires specialized expertise in both retail real estate operations and capital allocation, commented Terry Brown, Chairman & Chief Executive Officer. With Asana Partners, we see an opportunity for investors to benefit from our track-record of delivering strong results across cyclical economies and evolving consumer preferences.

Asana Partners provides institutional investors a fully integrated, platform-based strategy with direct access to retail properties in the fastest growing, most attractive markets in the country. The team's vision and passion for the retail experience is balanced with the financial and analytical rigor necessary to create value.

Our disciplined approach to operations, investments, and capital markets is grounded in industry knowledge and financial expertise, President & Chief Operating Officer Jason Tompkins added. We view this integrated operating and investment platform as the future of investment in the retail real estate sector.

The three founding partners collectively have over 60 years of industry experience, including more than a decade working together in executive roles at EDENS, one of the leading developers, owners, and operators of shopping centers in the United States. Brown led EDENS as Chairman & Chief Executive Officer, and Tompkins was Chief Financial Officer. Sam Judd, Chief Investment Officer of Asana Partners, most recently was with Sears Holdings as Vice President - Real Estate.

Thrive Here & What We Value

Entrepreneurial environment

Team-oriented culture

Strategic approach

Collaborative teamwork

Quality portfolio

Relationship building (internal and external)

Long-term partnerships for investors

Career opportunities

Sophisticated work environment

Associate - Leasing Strategy

Life at Asana Partners

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