Asset Manager - Commercial RE

ESSENTIAL FUNCTIONS

• Develop and execute business plans for each investment, including budgeting, reforecasting, leasing, capital strategies, cash management, and CAM reconciliations
• Lead annual property-level budgeting, operating expense estimates, and reconciliations
• Oversee property-level financial operations, including capital expenditures, building maintenance, tenant payables, and invoice review
• Execute leasing initiatives, negotiate LOIs and leases to meet or exceed business plan metrics, and maintain strong tenant relations through lease administration and operational understanding
• Manage capital, shell construction, and tenant improvement projects, including budgets, timelines, construction administration, communications, and tenant alteration approvals
• Conduct market research and maintain industrial product knowledge to ensure competitive positioning, collaborating with brokers and internal marketing teams on leasing and marketing initiatives
• Prepare and deliver accurate financial and investor reporting for internal and external stakeholders
• Direct property acquisition and disposition activities, including underwriting, due diligence, market analysis, and Investment Committee Memo preparation
• Support training of new Asset Managers and Real Estate Analysts on systems, processes, budgeting, leasing, and department procedures to ensure consistency across the team
• Collaborate effectively with internal team members and departments and respond to ad hoc information requests in a timely and professional manner

Requirements

• Bachelor's degree required; advanced degree or specialized training a plus
• 5+ years as an Asset Manager or 10+ years relevant real estate experience
• Proficiency in financial and economic concepts
• Training in accounting and company-specific software
• Strong working knowledge of Microsoft Office Suite
• CA Real Estate License

CORE COMPETENCIES

• Integrity
• Analytical thinking & financial modeling
• Negotiation
• Problem-solving & multi-tasking
• Strategic thinking & scenario planning
• Teamwork & collaboration
• Relationship management with managers, vendors, contractors, and tenants
• Tenant relations & lease administration
• Market knowledge (comps, conditions, trends)
• High energy, self-directed work style
• Organization, task orientation, and adaptability in fast-paced environments

Benefits

• Health, Dental, Vision insurance
• 401K matching
• Bonus program
• Life insurance
• Tuition reimbursement
• Many voluntary benefit options
• Parking