Retail Leasing & Commercial Property Specialist
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Key skills for this role
Role Overview
We are seeking a Retail Leasing & Commercial Property Specialist to lead and coordinate retail leasing, tenant management, retail development, and hospitality-related services across the KAUST Campus and Thuwal Corniche areas.
Key Skills for This Role
Full Job Posting
Overview
We are seeking a Retail Leasing & Commercial Property Specialist to lead and coordinate retail leasing, tenant management, retail development, and hospitality-related services across the KAUST Campus and Thuwal Corniche areas.
Key Responsibilities
- Develop and implement retail leasing and commercial strategies aligned with community requirements, market trends, and financial objectives.
- Identify, evaluate, negotiate, and secure suitable retail tenants, including obtaining lease commitments and Letters of Intent (LOIs).
- Prepare, negotiate, administer, and monitor commercial lease agreements and service contracts.
- Conduct market benchmarking, financial analysis, budgeting, and lease economics to support revenue and commercial objectives.
- Manage the complete retailer lifecycle, including onboarding, operational readiness, inspections, compliance monitoring, performance reviews, and exit/clearance.
- Develop and maintain retail inspection, compliance, HSE, hygiene, and service quality programs.
- Manage retail development projects from concept, feasibility, programming, design, permitting, and construction through commissioning and lease-up.
- Coordinate with internal departments, retailers, catering providers, contractors, and other stakeholders to ensure smooth retail and hospitality operations.
- Oversee operational, budgetary, and financial activities related to food and non-food retail outlets and associated facilities.
- Coordinate catering services for business functions, community events, and private occasions.
- Ensure compliance with food safety, hygiene, HSE, quality, and applicable regulatory requirements.
- Develop and improve retail operational policies, procedures, systems, dashboards, and reporting processes.
Requirements
- Experience in retail leasing and commercial property management.
- Proven track record in hospitality services.
- Strong negotiation skills.
- Ability to develop and implement retail strategies.
- Experience in managing retail development projects.
- Knowledge of market benchmarking and financial analysis.
- Ability to coordinate with internal and external stakeholders.
- Experience in overseeing operational, budgetary, and financial activities.
- Strong customer service skills.
- Ability to ensure compliance with food safety and HSE regulations.
- Experience in developing and maintaining retail operational policies.
- Ability to monitor customer feedback and implement improvements.
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