Commercial Leasing Manager Job Description [Updated for 2025]

commercial leasing manager job description

In the fast-paced world of commercial real estate, the role of a Commercial Leasing Manager is ever more crucial.

As the business landscape evolves, the demand for skilled professionals who can navigate, optimize, and protect our commercial leasing infrastructure becomes imperative.

But let’s delve deeper: What’s really expected from a Commercial Leasing Manager?

Whether you are:

  • A job seeker wanting to understand the core of this role,
  • A hiring manager constructing the profile of the perfect candidate,
  • Or simply curious about the intricacies of commercial leasing management,

You’re in the right place.

Today, we present a customizable Commercial Leasing Manager job description template, crafted for convenient posting on job boards or career sites.

Let’s dive straight into it.

Commercial Leasing Manager Duties and Responsibilities

Commercial Leasing Managers are responsible for overseeing and managing the leasing activities of commercial properties.

They negotiate lease terms, secure tenants, and ensure that properties are profitable.

The main duties and responsibilities include:

  • Developing and implementing commercial leasing plans to attract tenants
  • Identifying and securing tenants for available properties
  • Negotiating lease terms and conditions and closing deals
  • Ensuring that lease agreements are in line with the prevailing market conditions
  • Maintaining a comprehensive understanding of property market trends and patterns
  • Coordinating with property management to ensure tenant satisfaction and timely response to tenant needs
  • Ensuring legal compliance of lease documents
  • Collaborating with marketing teams to promote properties and available spaces
  • Conducting property tours for potential tenants
  • Maintaining and updating property listings, records, and leasing reports
  • Collaborating with legal teams to handle lease-related litigation

 

Commercial Leasing Manager Job Description Template

Job Brief

We are seeking a motivated and experienced Commercial Leasing Manager to join our team.

The Commercial Leasing Manager will be responsible for overseeing and managing all aspects of our commercial properties, including marketing properties, negotiating leases, and managing tenant relations.

Our ideal candidate will have a strong background in real estate, a keen understanding of the commercial real estate market, and excellent negotiation skills.

The successful candidate will ensure optimal occupancy rates, maintain positive relationships with tenants, and manage all leasing administration.

 

Responsibilities

  • Manage and oversee commercial properties to ensure optimal occupancy
  • Negotiate lease agreements and renewals
  • Develop and implement marketing strategies for property leasing
  • Maintain positive relationships with tenants and resolve any issues
  • Conduct market research and stay updated on real estate trends
  • Coordinate with property management team to ensure properties are well-maintained
  • Prepare regular leasing reports and budget forecasts
  • Ensure compliance with property regulations and real estate laws

 

Qualifications

  • Proven experience as a Commercial Leasing Manager or similar role
  • Strong knowledge of real estate law and leasing practices
  • Excellent negotiation and communication skills
  • Proficient in MS Office and property management software
  • Able to multitask and prioritize tasks
  • Excellent organizational and leadership skills
  • Bachelor’s degree in Real Estate, Business Administration or related field

 

Benefits

  • 401(k)
  • Health insurance
  • Dental insurance
  • Retirement plan
  • Paid time off
  • Professional development opportunities

 

Additional Information

  • Job Title: Commercial Leasing Manager
  • Work Environment: This role typically works in an office setting, with frequent visits to properties. Some travel may be required.
  • Reporting Structure: Reports to the Director of Commercial Real Estate.
  • Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
  • Pay Range: $65,000 minimum to $110,000 maximum
  • Location: [City, State] (specify the location or indicate if remote)
  • Employment Type: Full-time
  • Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
  • Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does a Commercial Leasing Manager Do?

Commercial Leasing Managers generally work for real estate companies, property management firms or business corporations.

They could also work independently as consultants.

Their primary role is to manage and oversee the leasing of commercial properties, such as office buildings, retail centers, or industrial spaces.

This involves advertising vacant spaces, conducting property viewings, and negotiating lease terms and agreements with prospective tenants.

They work closely with property owners to understand their objectives, and with potential tenants to understand their needs and budget.

The Commercial Leasing Manager then uses this information to negotiate a lease agreement that satisfies both parties.

Commercial Leasing Managers also handle lease renewals, rent increases, and property improvements.

They are responsible for ensuring that the properties they manage are well-maintained, profitable, and fully leased.

Additionally, they may be involved in the financial management of the property, including setting rental rates, collecting rent, and managing budgets for property maintenance and improvements.

Finally, Commercial Leasing Managers need to stay updated with local, state, and federal laws related to property leasing and management, as they are responsible for ensuring that all leasing activities comply with these laws.

 

Commercial Leasing Manager Qualifications and Skills

A proficient Commercial Leasing Manager should possess the following skills and qualifications:

  • Strong knowledge of real estate law, local economics, and understanding of property values to make informed decisions about leasing and rental rates
  • Exceptional negotiation skills to close deals beneficial to the organization, while ensuring the satisfaction of the tenants
  • Superb communication and interpersonal skills to build relationships with potential and existing tenants, as well as other industry professionals
  • Ability to analyse market trends and data to identify and pursue leasing opportunities
  • Excellent customer service skills for addressing tenant complaints, resolving issues, and maintaining positive tenant relations
  • Strong organizational and multitasking skills to manage multiple properties, contracts, and lease agreements efficiently
  • Proficient in real estate or property management software to keep track of property details, transactions, and tenants
  • Financial acumen to develop and manage budgets, as well as understanding of property maintenance cost and capital improvement projects
  • Ability to develop and implement marketing strategies to attract potential tenants

 

Commercial Leasing Manager Experience Requirements

Commercial Leasing Managers typically require a minimum of 3 to 5 years of experience in the commercial real estate industry, with a focus on leasing and property management.

This experience often comes from roles such as Leasing Consultant, Property Manager or Leasing Associate.

Candidates often gain this experience through full-time employment at real estate companies, property management firms, or commercial brokerage firms.

Practical knowledge of leasing terms, negotiation techniques, and property management are key skills that can be acquired during this period.

Furthermore, Commercial Leasing Managers are often expected to have experience with market research and analysis, financial analysis, sales, and tenant relations.

Those with more than 5 to 7 years of experience, may have had exposure to senior-level responsibilities such as strategizing and implementing leasing plans, managing a leasing team, and dealing with complex lease negotiations.

Candidates with this level of experience are usually well-versed in commercial real estate laws and regulations, and possess strong negotiation and leadership skills.

They are often ready for larger-scale or higher-stakes management roles within the commercial leasing sector.

 

Commercial Leasing Manager Education and Training Requirements

Commercial Leasing Managers usually have a bachelor’s degree in real estate, business administration, finance or a related field.

They must have a deep understanding of commercial real estate, lease agreements, and property management.

In addition to the bachelor’s degree, some employers may prefer candidates who have a master’s degree in real estate or business administration.

This higher-level qualification provides a more comprehensive understanding of real estate principles, finance, and property management.

Some states also require Commercial Leasing Managers to hold a real estate broker’s license.

To obtain this license, individuals must meet certain requirements, including being over 18 years old, having a certain level of education, and passing an examination.

Continuing education is also a key aspect of this role, as keeping up to date with the latest trends, laws, and regulations in the commercial real estate industry is crucial.

While not always required, professional certifications such as Certified Property Manager (CPM) or Certified Commercial Investment Member (CCIM) can demonstrate a candidate’s commitment to their profession and can enhance job prospects.

 

Commercial Leasing Manager Salary Expectations

A Commercial Leasing Manager earns an average salary of $76,924 (USD) per year.

However, the salary can vary greatly depending on experience, education, the size of the leasing portfolio, and the location of the properties.

 

Commercial Leasing Manager Job Description FAQs

What skills does a Commercial Leasing Manager need?

Commercial Leasing Managers need excellent negotiation and communication skills, as they often have to deal with diverse clients and stakeholders.

They should also possess strong financial acumen to understand and analyze market trends and property values.

In addition, they need to be good at problem-solving, as they may face issues related to lease agreements and property management.

 

Do Commercial Leasing Managers need a degree?

Most Commercial Leasing Managers have a bachelor’s degree in real estate, business administration, or a related field.

Some positions may require a master’s degree.

In addition, a real estate license is typically required, and some employers may prefer candidates with professional certifications in property or real estate management.

 

What should you look for in a Commercial Leasing Manager resume?

Look for a detailed work history demonstrating experience in commercial real estate, particularly in leasing management.

Check if the candidate has a real estate license and any relevant certifications.

Also, note any skills or experiences related to negotiation, financial analysis, customer service, and property management.

Evidence of strong communication and problem-solving skills is also a plus.

 

What qualities make a good Commercial Leasing Manager?

A good Commercial Leasing Manager is proactive, detail-oriented, and able to multitask effectively.

They should have strong interpersonal skills to build and maintain relationships with tenants and property owners.

They also need to have a deep understanding of the commercial real estate market, including current trends and legal aspects of property leasing and management.

 

Is it difficult to hire a Commercial Leasing Manager?

Hiring a Commercial Leasing Manager can be challenging due to the specific set of skills and experience required for the role.

It’s important to find a candidate who not only has a strong understanding of commercial real estate but also possesses strong negotiation, communication, and problem-solving skills.

You may need to offer competitive salary packages and other benefits to attract the right candidates.

 

Conclusion

And there you have it.

Today, we’ve delved into the rewarding world of a commercial leasing manager.

And you know what?

It’s not just about leasing commercial properties.

It’s about shaping the landscape of the business world, one lease at a time.

With our comprehensive commercial leasing manager job description template and industry-specific examples, you’re ready to embark on this journey.

But why stop there?

Immerse yourself further with our job description generator. It’s your next station to precision-crafted job listings or perfecting your resume to the T.

Remember:

Every lease agreement is a part of the bigger business world.

Let’s shape that world. Together.

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