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Commercial Transactions Director
2 months ago
About the Role:
Knotel is seeking a seasoned Commercial Transactions Director to drive revenue growth and market presence through strategic expansion and portfolio optimization. As a key member of the Commercial Team, you will lead all commercial aspects related to property acquisition, lease negotiations, and space optimization.
Key Responsibilities:
- Develop and implement a comprehensive commercial strategy that aligns with Knotel's growth targets and broader business objectives.
- Conduct in-depth market research to identify emerging trends, competitive landscapes, and opportunities in the commercial real estate sector.
- Lead revenue growth through expansion via matched deals with customers or via Knotel Services.
- Work closely with Newmark to explore and capitalize on market opportunities via owners, occupiers, or other agents/brokers to expand Knotel's footprint.
- Creation of pitching material through coordination of multiple teams, acting as transaction lead and delivering pitches alongside subject matter experts.
- Maintain a strong understanding of Knotel's offerings and tailor presentations to meet the needs of different types of stakeholders.
- Assist in the drafting and negotiations of contracts and leases on Knotel's behalf. Work closely with legal and financial teams to structure deals that balance risk and reward.
- Identify opportunities for portfolio growth whether leasing or for Knotel Services.
- Assist with the day-to-day asset management/real estate requirements of Knotel's existing portfolio, including rent reviews, lease amendments, LTAs, lease extensions, contract negotiations, and lease admin reviews.
- Manage relationships with landlords, property owners, brokers, and other key stakeholders.
- Stay informed of regulatory changes and industry developments that could impact Knotel's operations. Ensure that all commercial activities are conducted in compliance with relevant laws and regulations and Company procedures.
- Liaison with legal counsel to navigate regulatory environments and mitigate risks associated with property transactions.
- Work cross-functionally with the Commercial Team and other internal teams throughout the entire Knotel ecosystem, including Marketing, Development, Workspace Operations, and Finance.
- Be accountable for pipeline and forecasting for each month/quarter.
Requirements:
- Significant real estate experience with a strong focus on leasing transactions and/or tenant representation. Experience in Central London markets highly desirable.
- Demonstrated success in leading successful real estate transactions, driving revenue growth, and managing complex commercial negotiations in a competitive market.
- Strong network within the real estate industry, including relationships with owners, agents/brokers, and occupiers, and the ability to leverage these relationships to drive business success.
What We Offer:
Knotel is a dynamic, innovative company that's redefining the way companies think about workspace. As a Commercial Transactions Director, you'll be part of a collaborative team that thrives in a fast-paced environment. If you're a strategic thinker with a passion for real estate and a proven ability to lead, we want to hear from you.
Working Conditions: Normal working conditions with the absence of disagreeable elements.
Note: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.