Panda Express

CFT Associate Leasing Manager (P1-6183778-1)

Panda Express$90K — $126K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Real Estate, Business, or related field
  • 5+ years of real estate experience, ideally in retail, office, and multifamily sectors
  • Must complete required initial and ongoing training
  • Obtain a valid Food Handler's Card within 30 days of employment
  • Successful completion of annual store training required

Responsibilities

  • Negotiate LOIs, leases, and lease renewals independently
  • Assess potential tenant credit, business plans, and financials
  • Network with national/regional tenants and local brokers
  • Formulate leasing strategies for new developments and ensure effective tenant mix
  • Negotiate tenant lease restructures, assignments, and buy-outs
  • Collaborate with various teams to resolve leasing conflicts
  • Monitor and manage delinquent tenants alongside property management

Benefits

  • Hybrid work schedule
  • 401K with company match
  • Yearly bonus opportunity
  • Full medical, dental, and vision insurance
  • On-site fitness center and wellness programs
  • Paid time off starting at 15 days plus 7 federal holidays
  • Continuous education assistance and scholarships
  • Income protection including Disability and Life insurance
  • Bereavement leave
Full Job Description
Summary of Job Description:

The CFT Associate Leasing Manager position negotiates LOIs, leases and lease renewals and performs related activities. This position reviews tenant credit, business plan and business financials. The CFT Associate Leasing Manager also builds a network with national/regional tenants and works with local brokers to determine market rent comps and tenant mix.

You'll get a chance to:
  • Independently negotiates LOIs, leases and lease renewals. Checks potential tenant credit, business plan, and business financials. Presents new leases and renewals at Leasing Approval Committee.
  • Builds a network with national tenants. Works with local brokers to determine the market rent comps and appropriate tenant mix. Develops leasing strategies for new developments and existing properties. Attends ICSC Conferences and other related real estate conferences and events.
  • Negotiates tenant lease restructures, assignments, rent reductions, and buy-outs.
  • Develops an understanding of land, construction costs, and rental income. Works with design team to prepare layout studies. Assists Sr. Real Estate Manager with projecting pro-formas for leasing and development recommendations.
  • Works with legal, property management, and other teams to resolve leasing conflicts.
  • Coordinates with construction and property management to turn over space to tenants. Works closely with property management team to monitor delinquent tenants and recommend plans of action.
  • Budgets leasing projections on a yearly basis.
  • Prepares and presents Pre-RESAC and RESAC presentations for new developments.


How we reward you:
  • Hybrid Work schedule
  • 401K with company match
  • Yearly bonus opportunity*
  • Full medical, dental, and vision insurance *
  • On-site fitness center, biometric screen, and flu shot clinic
  • Discounts at Panda restaurants, theme parks, and gym memberships
  • Paid time off starting at 15 days with 7 federal holidays*
  • Continuous education assistance and scholarships*
  • Income protection including Disability, Life and AD&D insurance*
  • Bereavement leave*


*Benefits available for eligible permanent full time associates

Your background & experience:
  • Bachelor's degree in Real Estate or Business or related field required
  • Minimum five years of real estate experience, preferably in the retail, office, and multifamily environment
  • Successful completion of initial and periodically required training
  • Obtaining a valid Food Handler's Card within 30 days of employment is a requirement of this position.
  • If hired, successful completion of annual store training


Pay Range: P3: $90,000 - $126,500 / Annual

* Within the range, individual pay is determined using various factors, including work location and experience.

#LI-Hybrid

About Panda Express

Panda Express is a fast food restaurant chain that specializes in Chinese cuisine. The company was founded in 1983 and is headquartered in Rosemead, California. Panda Express operates over 2,000 locations in the United States and has a presence in several other countries. The company's menu includes a variety of dishes, including orange chicken, kung pao chicken, and chow mein. Panda Express is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact.
Learn more about Panda Express
Size
40,000 employees
Industry

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