Director, Commercial Real Estate jobs in United States
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The Menkiti Group · 4 days ago

Director, Commercial Real Estate

The Menkiti Group is dedicated to transforming lives, careers, and communities through real estate. They are seeking a highly motivated Director of Commercial Real Estate to oversee and manage the daily operations of properties, focusing on market strategy and commercial leasing in Worcester, MA and the broader Boston region.

CommercialProperty DevelopmentReal EstateResidential
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Diversity & Inclusion

Responsibilities

Market strategy, direction, and accountability
Day-to-day leasing and transaction execution in Worcester / New England through a combination of direct leasing and managing third party brokers
Portfolio management in local market
Active presence and leadership in local market
Leader of Worcester office, providing camaraderie and leadership to property management staff
Tracking and management of global MG portfolio leasing activities and needs
Implement and refine systems, processes, reporting, & technology in partnership with the DC HQ commercial brokerage team
Lead leasing strategy, pricing and negotiations
Market and lease existing vacancies
Issue and negotiate LOI’s and leases
Lease renewal & critical date tracking
Develop and manage capital expenditure plans across the portfolio
Maintain on the ground, day-to-day brand presence and awareness working at least three days/week out of our Worcester office
Maintain key relationships – public and private sector; university, government, anchor tenants, small business tenants
Maintain key board seats & real estate industry group participation
Engage in public speaking opportunities
Provide community involvement and engagement
Maintain investment sales broker relationships
Identify targeted acquisitions per MG MA strategy
Advance due diligence, evaluation and predevelopment activities on acquisitions opportunities

Qualification

Commercial real estate leasingLease negotiationsPortfolio managementFinancial analysisMarket analysisReal estate softwareStakeholder managementCommunication skillsPresentation skillsAttention to detail

Required

Strong financial analysis, budgeting, and real estate marketing skills
Understanding of commercial lease structures
Market analysis capabilities
Excellent communication, presentation, and stakeholder management skills
High level of organization, judgement, and attention to detail
Bachelor's degree in Real Estate, Finance, Business, Economics, or related field
3-5+ years of experience in commercial real estate leasing, lease negotiations and administration, portfolio management, and/or asset management
Proficiency in MS Word and Excel

Preferred

Competency in real estate software a plus (e.g., MRI, Argus, or similar)

Company

The Menkiti Group

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The Menkiti Group carries out strategic development, management, residential & commercial property sales to transform lives and communities.