Duke Realty Vice President, Leasing/Development-Commercial Real Estate in New Jersey
Duke Realty, one of the largest commercial real estate companies in the United States with industrial, office and medical office properties in 20 major U.S. cities, has an opportunity for a Vice President of Leasing & Development to join our team in Northern New Jersey. Candidates must be attracted to a fast paced, self-directed environment where responsiveness and customer service are highly valued. A predisposition towards teamwork and personal responsibility will be critical to a candidate’s success, as well as an aptitude to analyze operational and financial data. This position will manage and actively participate in all efforts necessary to identify and secure lease contracts with prospective customers for space in existing properties, new developments and build-to-suits within New Jersey. In addition, the selected candidate will also be responsible for, but not be limited to, the following:
Structure economic terms to meet the company objects and the current market conditions.
Negotiate acceptable legal terms and process all transaction paperwork for all leases.
Communicate, monitor and expand company's relationships with brokerage community witht the objective to generate more opportunties for the company.
New Business Development
Create and execute property development plan that includes Owned Portfolio, Build-To-Suits and Third Party
In communication and coordination with the Sr. Vice President to identify redevelopment and potential land acquisition opportunities.
In communication and coordination with the Sr. Vice President, create and execute acquistion and/or disposition plan of portfolio.
In communcation and coordination with the Sr. Vice President, present land acquisition and disposition opportunties to enable the company to meet its strategic plan.
Responsible for the preparation of a two-year budget for the operations of the market portfolio. Responsibility will include the existing property’s lease-up, renewal and termination assumptions and assumptions surrounding new development as well as a complete review of the property operations as prepared by the property management team.
We offer a competitive salary with bonus opportunity as well as comprehensive benefits including medical, dental and vision coverage, 401(k) and a wellness program.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
Sales/Transaction Exper. (Advanced)
Financial Analysis (Novice)
Presentation Skills (Novice)
Real Estate Disposition (Novice)
Real Estate Acquisition (Advanced)
Bachelors Degree (Real Estate)
7 to 10 years: Minimum of 7-10 years of experience in commercial real estate development experience. Experience in Industrial product/portfolio strongly desired.
Licenses & Certifications
Real Estate Lic. (Sales)