Company Description

Since opening our first self-storage facility in 1972, Public Storage has grown to become the largest owner and operator of self-storage facilities in the world. With thousands of locations across the U.S. and Europe, and more than 170 million net rentable square feet of real estate, we're also one of the largest landlords.

We've been recognized as A Great Place to Work by the Great Place to Work Institute. And, our employees have also voted us as having Best Career Growth, ranked us in the Top 5% for Work Culture, and in the Top 10% for Diversity and Inclusion.

We're a member of the S&P 500 and FT Global 500. Our common and preferred stocks trade on the New York Stock Exchange.

Job Description

A commercial leasing manager is responsible for overseeing the leasing operations of commercial real estate properties in their territory, including identifying potential tenants, negotiating lease terms, managing tenant relationships and maximizing occupancy rates by strategically marketing available spaces, all while ensuring compliance with relevant regulations and company policies. This includes prompt return calls to all perspective inquiries and sending out the PS standard leasing packages to all leasing prospects. Taking lead on all lease/renewal negotiations and achieving goals as set as well as creating marketing material, competitive sets, and asset plans for all properties. 

The commercial leasing manager is responsible for coordinating leasing activities and supporting the execution of strategies related to the annual leasing plan. The position takes the lead on screening prospective tenants, conducting tours or facilitating access to vacant units. The leasing manager supports the operations in the initial phases of lease ready work or tenant buildout process.  

The commercial leasing associate responsibilities include but are not limited to the following:  

 

Manage the marketing of each site including flyers on the PS website as well as updates on both LoopNet, CoStar, Craigslist and other websites focused on commercial real estate availability. 

Secure qualified tenants for vacant units at or above plan. 

Work with accounting on any tenant rent or collection issues. 

Assist with the annual budget process and contribute accurate market knowledge of rents and competition for each property. 

Manage third party brokers as needed. 

Create, maintain and distribute leasing activity reports on an ongoing basis. 

Manage and negotiate the renewal process for existing tenants at or above plan. 

Implement creative marketing and advertising plans including updating and maintaining an online presence for vacant spaces.  

In collaboration with operations/property management team, maintain appearance of available commercial spaces in a move-in condition. 

Visit all vacant units once quarterly and all properties at least once annually.  

Special projects as required.  

Qualifications

Minimum of 3 years of experience in commercial leasing 

Proficient in Word, Excel, Outlook, and Yardi 

Familiarity with commercial real estate marketplaces such as LoopNet, CoStar, Craigslist 

Effective communication skills 

Effective negotiation skills 

Effective qualifying and prospecting skills 

Ability to travel within assigned territory (MD/NC/VA/SC/IL/MO/IN) 

Additional Information

Workplace

One of our values pillars is to work as OneTeam and we believe that there is no replacement for in-person collaboration but understand the value of some flexibility. Public Storage teammates are expected to work in the office five days each week with the option to take up to three flexible remote days per month.

Public Storage is an equal opportunity employer and embraces diversity. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status. All qualified candidates are encouraged to apply.