Vice President, Market Officer
Westport, CT 
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Posted 16 days ago
Job Description
Vice President, Market Officer
28 Church Ln, Westport, CT 06880, USA Req #373
Wednesday, October 11, 2023

About this Opportunity:

At Regency Centers, we believe our greatest asset is our people, and we believe a talented team from differing backgrounds and experiences makes us better. We are seeking a Vice President, Market Officer to join our Westport, Connecticut regional office. The selected candidate will be responsible for maximizing the overall short and long-term performance and value of the Connecticut portfolio of shopping centers including value enhancement through redevelopments. The portfolio includes 40 shopping centers, approximately 4M square feet and $80M in NOI. The Vice President Market Officer will drive leasing and income production with primary oversight of leasing and a focus on driving occupancy, enhancing merchandising and growing revenue. This role will work with the property management team to control costs and maximum return on investments. This individual must build and foster relationships with key anchor tenants and shop retailers, 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.

What You'll Be Doing:

  • Driving leasing production/objectives for the Connecticut portfolio to meet NOI objectives.
  • Identifying new and value-add redevelopment opportunities anchored by Regency-approved anchor tenants that both create value and meet Regency's internal investment criteria. Leading and managing the strategic repositioning of existing Regency assets as anchor movement provides these opportunities. Overseeing 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.
  • Executing high profile, major lease transactions.
  • Overseeing NOI/leasing forecasts and updates.
  • Developing networks and strong market-wide tenant, and broker relationships.
  • Overseeing capital expenditures and operating expenses with the property management team.
  • Evaluating potential property acquisitions for leasing/NOI potential with acquisitions team.
  • Managing and developing the regional leasing agents and support staff.

Are You Qualified?

Required:

  • Bachelor's Degree in Real Estate, Finance, Business Management, Marketing or related field, coupled with a minimum of 10 years of experience in the commercial real estate industry, to include supervisory experience.
  • Northeast retail market knowledge
  • Significant experience with lease negotiations and anchor/tenant relations.
  • Astute, local and regional market knowledge of retailing and real estate operations.
  • 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.

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 Traits We Value:

  • 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.

A Little Bit About Us:

We own and operate premier shopping centers in suburban neighborhoods in the top cities and markets across the country. We live by a strong set of values, which have guided us for more than 60 years.

Our centers thrive with highly productive grocers, restaurants, service providers, and terrific retailers that connect to their communities and customers. We are also active developers of new shopping centers that feature great merchandising, placemaking, and customer engagement as part of our Fresh Look program.

We are a vertically integrated real estate company and a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. Learn more about us at RegencyCenters.com.

Benefits:

Our compensation and benefits package is very competitive and includes:

  • 401(k) + Profit Sharing plan with generous company match
  • 3 medical insurance plan options including 1 HSA with prescription drug coverage, telemedicine, Pharmacy Advisor, Medical Expert Option and Hinge Health (MSK)
  • Dental insurance including coverage for adult & children orthodontics
  • Vision insurance
  • Family planning benefit with Frame Fertility
  • Award winning incentive-based wellbeing program
  • Health Care and Dependent Care FSA
  • Paid leave programs (parental, compassion, bereavement, jury duty, and military)
  • Company-paid life/AD&D and disability
  • Voluntary benefits (supplemental life/AD&D, critical illness, accident, hospital indemnity & identity theft)
  • Anniversary stock grant awards
  • Educational assistance
  • Health Advocacy + Employee Assistance Program (EAP) and Management Assistance Program (MAP)
  • Matching charitable gifts
  • Paid holidays, flexible paid time off & volunteer time off
*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
  • Pay Type Salary
  • 28 Church Ln, Westport, CT 06880, USA
Share this job:

*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 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.

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
10+ years
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