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Leasing Manager

Job in Needham Heights, Norfolk County, Massachusetts, 02494, USA
Listing for: Waterstone Properties Group
Full Time position
Listed on 2026-02-04
Job specializations:
  • Real Estate/Property
    Property Management
  • Management
    Property Management
Job Description & How to Apply Below
Location: Needham Heights

Benefits

  • 401(k)
  • 401(k) matching
  • Bonus based on performance
  • Company parties
  • Opportunity for advancement
  • Paid time off
  • Parental leave
Role Title

Leasing Manager

Portfolio

Retail & Grocery-Anchored Portfolio

Location

Needham, MA (In office position)

Reports To

SVP of Leasing

Summary Of

The Role

The Leasing Manager will be responsible for executing the leasing strategy across a diverse portfolio of mixed use and grocery-anchored and community retail centers. The primary focus is maximizing occupancy, driving Income, and strategically curating a tenant mix that enhances the value and performance of the anchor and specialty tenants. This role requires a deep level of negotiation skills, lease knowledge, and the ability to effectively manage external broker relationships.

Key Responsibilities & Duties
  • I. Strategic Broker & Merchandising Management
    • Provide direction and oversee third-party leasing brokers to achieve aggressive leasing targets and accelerate deals across the portfolio.
    • Conduct regular portfolio reviews with brokerage teams, focusing on key performance indicators like deal pipeline and lease-up timelines.
    • Execute a strategic merchandising plan to ensure an optimal tenant mix that complements the grocery anchor and drives consistent foot traffic to all specialty retailers.
    • Actively prospect and target national, regional, and local tenants that align with the center's specific demographic and merchandising needs.
  • II. Lease Negotiation & Deal Execution (Northeast & Southeast Portfolio)
    • Lead the negotiation of complex lease deals at various stages (new leases, renewals, expansions, amendments), specializing in retail-specific clauses, including co-tenancy provisions, exclusives, etc. Work with legal partners to support process.
    • Qualify tenants and generate inbound prospect leads effectively through cold calling, broker relationships, meetings, social media, etc., and convert those prospects into LOIs.
    • Draft, review, and finalize Renewals, Letters of Intent (LOIs), ensuring all commercial terms, conditions, and tenant build-out requirements are accurately documented prior to legal review.
    • Collaborate with Development/Construction teams on Tenant Improvement (TI) allowances, ensuring budgets are met and tenants open for business promptly.
    • Request welcome emails to tenants
    • Existing Tenant Relations or Amendments
    • Rent assistance
    • Expansions
    • Assignments or Sublets
  • III. Lease Administration & Risk Mitigation
    • Manage the execution and administration of all lease amendments, assignments, subleases, and lease terminations, focusing on preserving tenant credit and mitigating co-tenancy risk.
    • Ensure rigorous compliance, particularly those tied to the grocery anchor and major junior anchors.
    • Liaise with Property Management and Accounting to ensure accurate lease abstracting, billing of Common Area Maintenance (CAM), and timely collection of percentage rent (where applicable).
  • IV. Management and Administration
    • Work with marketing and administration to set up meetings.
    • Work closely with legal partners and our paralegal on exclusives, prohibited uses, pylons, renewals etc.
    • Maintain deal sheets on active LOIs.
    • Provide direction on presentations
    • Manage/Direct Leasing Representative
    • Weekly meetings to provide direction and feedback
    • Help provide weekly schedule for canvassing, setting meetings, etc.
    • Suggest canvassing locations or most needed property attention/strategy
    • Canvassing assistance for Rock Row – hit list
  • V. Marketing Support
    • Work with the Marketing team on how to best support new leasing projects or make updates to properties or Tenant specific presentations, renderings etc.
  • Required Qualifications & Experience
    • Experience:

      5+ years of experience in commercial real estate
    • Expertise:
      Deep understanding of retail real estate and leases
    • Technical

      Skills:

      Advanced proficiency in Excel and experience with industry-specific CRM/software (e.g., Yardi, or comparable leasing management tools, VTS). EGNYTE, Deal Manager, Costar/Loop Net
    • Soft Skills:

      Exceptional negotiation, relationship-building, and communication skills, with a proven ability to manage multiple priorities in a fast-paced environment.
    • Project Management skills needed.
    • Ability to travel to conferences
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