Asset Manager, Industrial
BH Properties · Plano, TX · 4 mo ago
On-siteEducationFull-time
Responsibilities
- Maximize the total return through implementing operational efficiencies and identifying value-add and revenue enhancement strategies.
- Work closely with third party property managers, leasing agents, brokers, consultants, and attorneys to provide direction for, and oversight of, business plans, annual budgets, lease analysis and approvals.
- Actively participate in the negotiation of new leases and renewals both in-house and through third party leasing brokers.
- Perform routine property inspections to ensure property and vacant suites are show-ready.
- Maintain and expand relationships with our existing tenants and develop relationships with new prospective tenants.
- Prepare monthly, quarterly, and annual portfolio reporting for review by the company’s senior management team.
- Negotiate third party contracts and oversee implementation of capital improvement and 'value-add' projects.
- Work with the financial analyst staff to perform valuations on a quarterly and annual basis.
- Manage the capital improvement strategies and processes, including oversight of construction management activities.
- Perform ad-hoc analysis of potential issues while developing strategies to manage conflicts.
- Monitor regional economic and investment trends to identify changes that could impact real estate values and strategy.
Knowledge / Skill Requirements
- BA/BS degree in finance, real estate or related field with a strong record of academic achievement; graduate degree preferred.
- The candidate will likely have had a minimum of 7-10+ years of commercial real estate asset management, principal-based leasing, and / or related experience.
- Experienced in financial analysis, understanding of asset level financial statements, and possess a demonstrated level of experience in lease management and metrics.
- Knowledge of real estate accounting combined with strong analytical skills.
- Knowledge of design and construction process.
- Experienced in Yardi, MS Office 365 (MS Teams & other applications), and MS Excel.
- Must be highly organized, detail oriented, and able to manage multiple and concurrent projects to achieve goals.
- Comfortable in a collaborative team-oriented environment.
- Exceptional communication and interpersonal skills.
- 35% Travel
Compensation
We offer an excellent compensation package along with a chance to grow and develop with a well-capitalized, privately held, entrepreneurial investment group understanding that it is not just a job, but a career. For immediate consideration please submit your resume with salary requirements. Resumes submitted with salary requirements will be considered a priority.