Regency Centers
Vice President, Market Officer
This job is now closed
Job Description
- Req#: 284
- Drives leasing production/objectives for a regional portfolio to meet NOI objectives.
- Identifies new and value-add redevelopment opportunities anchored by Regency-approved anchor tenants that both create value and meet Regency’s internal investment criteria. Leads and manages the strategic repositioning of existing Regency assets as anchor movement provides these opportunities. Oversees the due diligence, entitlements, construction and redevelopment process, working closely with project teams to ensure projects are leased at rates equal to or in excess of pro-forma, are well merchandised, and are built at budgeted costs and on schedule.
- Executes high profile, major lease transactions.
- Oversees NOI/leasing forecasts and updates.
- Develops networks and strong market-wide tenant, and broker relationships.
- Oversees capital expenditures and operating expenses with property management.
- Evaluates potential property acquisitions for leasing/NOI potential with acquisitions team.
- Manages and develops the regional leasing staff.
- Bachelor’s Degree in Real Estate, Finance, Business Management, Marketing or related field, coupled with a minimum of 8 years of experience in the commercial real estate industry, to include supervisory experience.
- Southern California retail market knowledge
- Significant experience with lease negotiations and anchor/tenant relations.
- Astute, local and regional market knowledge of retailing and real estate operations.
- Real Estate Brokers or Sales Agents License.
- Advanced level quantitative and analytical skills.
- Knowledge of financial analysis models and time value of money.
- Intermediate proficiency with current Microsoft Office software (particularly Word, Excel and Outlook).
- Ability to travel as needed.
- Effective, precise communication skills, even under strict time constraints.
- Ability to assimilate verbal information rapidly.
- High energy level with a positive, upbeat attitude and the ability to multi-task.
- Comfortable making timely decisions in a methodical manner.
- Conversational and people oriented.
- High level of integrity and ethics.
- Solid leadership skills with the ability to build and manage effective teams and hire, motivate and develop direct reports
- Strong capacity to adapt quickly in a learning situation.
- Pay Type Salary
Vice President, Market Officer
915 Wilshire Blvd, Los Angeles, CA 90017, USA Req #284Monday, July 10, 2023About the Company:
Regency Centers Corporation (Nasdaq: REG) Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. For more information, please visit RegencyCenters.com
About this Opportunity:
Regency Centers is seeking a dynamic Vice President, Market Officer to join our Los Angeles, California regional office. The selected candidate will report to the Managing Director, West Region and will be responsible for maximizing the overall short and long-term performance and value of a regional portfolio of shopping centers including value enhancement through redevelopments and place-making projects. The portfolio includes 28 shopping centers, approximately 3.5MM square feet and $100MM in NOI. The Vice President Market Officer will drive leasing and income production, working with the property management team to control costs and maximum return on investments. This individual must build and foster relationships with key anchor tenants, brokers, property owners and community officials in our target markets. This individual will also work closely with the Investments team on new development and re-development leasing and operations.
Key Responsibilities:
Qualifications:
Required:
Preferred:
· Master’s degree in Business Administration (MBA), Real Estate Development (MRED) or related field
· CLS certification from ICSC or CCIM designation
· Prior property management and redevelopment experience
Personal Characteristics:
Benefits:
We recognize people as our most valuable asset. Our competitive compensation and benefits package includes a 401(k) profit sharing plan with company match, medical insurance with prescription drug coverage, dental insurance including coverage for orthodontics, vision insurance, an incentive-based wellness program, flexible spending accounts, paid parental leave and compassion leave, company-paid short-term and long-term disability insurance, company-paid life insurance, educational assistance, matching charitable gifts, flexible paid time off, and paid holidays.
*Regency Centers is an equal opportunity employer. Qualified applicants will receive consideration without regard to age, race, color, religion, sex, gender identity, sexual orientation, disability, national origin, or protected veteran status. Applicants are encouraged to confidentially self-identify when applying. Employment is contingent upon successful completion of background investigation. Regency Centers is a smoke-free and drug-free workplace. Pre-employment drug screening is required. No recruiters or agencies without a previously signed contract. Only candidates whose profiles closely match requirements will be contacted during this search.Other details
About the company
Regency Centers is a company defined by its people. What began as a family-run business has grown more than 1000% in just over 50 years. This is largely due to the entrepreneurial spirit of our people and their ability to find the best retailers for th...