Jobs · Virginia

Senior Manager of Real Estate

Troutman Pepper Locke LLP · Richmond, VA · 1 mo ago
Hybrid$120k–$170k/yrFull-time

About the role

We are committed to supporting employee growth and fostering an inclusive, innovative environment. The Senior Manager of Real Estate will oversee the firm’s real estate portfolio, including acquisition, development, management, and disposition of properties, while aligning strategies with the firm’s business objectives.

Responsibilities

  • Support the Director in developing and implementing the firm’s real estate strategy to meet business goals.
  • Identify opportunities for property acquisition, development, and disposition.
  • Operationalize firmwide real estate goals (e.g., ~600 RSF per attorney) and market-specific leasing strategies; translate these into selection criteria, broker instructions, and negotiation targets.
  • Maintain the firm’s lease critical-dates calendar (e.g., renewals, terminations, expansion/contraction/giveback options, notice windows) and drive decision-making; execute sublease and disposition strategies for vacated or underutilized space, including broker engagement, marketing, landlord consent, subtenant negotiations, and billing/collections.
  • Oversee management of the firm’s real estate assets (office spaces, leased and owned properties), including lease administration, landlord relationships, and alignment to operational and workplace standards; partner with Facilities to maintain high standards.
  • Partner with the Director and Finance on annual budget development and ongoing management of the real estate operating budget; ensure cost-effective use of resources.
  • Oversee rent payment and reconciliation (e.g., base rent, escalations, CAM/OpEx) and administer subtenant billing and collections; monitor financial performance and implement corrective actions as needed.
  • Negotiate and manage leases for office spaces and other properties; ensure compliance with lease terms and manage renewals and terminations.
  • Ensure all real estate activities comply with local, state, and federal regulations; stay updated on changes in real estate laws.
  • Build and maintain relationships with internal and external stakeholders, including landlords, office management, brokers, and regulatory bodies; represent the firm at industry events.
  • Identify and mitigate risks associated with real estate transactions and property management; develop and implement risk management strategies.
  • Prepare and present regular reports on the real estate portfolio’s performance to senior management, providing insights and recommendations based on market trends and financial analysis.
  • Maintain strict confidentiality of all firm-related information.

Requirements

  • Bachelor’s degree in Real Estate or Finance (or equivalent combination of education and experience).
  • Minimum seven (7) years of experience in real estate management with a proven track record of managing large portfolios and development projects.
  • Experience in the real estate transaction process, including hiring brokers, the LOI and leasing process, and subleasing.

Preferred Qualifications

  • MBA preferred.
  • Experience in a leadership role within a professional services environment preferred.

Skills

  • Strong strategic planning and financial management skills.
  • Exceptional negotiation and contract management abilities.
  • Proficiency in real estate management software and tools.
  • Exceptional written and verbal communication skills.
  • Strong client service orientation.
  • Excellent analytical and problem-solving abilities; capable of identifying issues, developing creative solutions, and resolving conflict.
  • Combination of strategic thinking and leadership; willingness to participate hands-on when required.
  • Commitment to high standards of excellence and proven results.
  • High level of integrity and professionalism; proven track record in gaining trust and credibility.
  • Ability to relate to individuals at all levels and build productive relationships; ability to work independently and collaboratively.
  • Sense of urgency and ability to prioritize and adapt to shifting demands while remaining composed.
  • High level of energy and professionalism with strong interpersonal strengths.
  • Ability to balance multiple priorities, remain composed under pressure, and adapt to shifting demands.

Pay

Hiring salary range: $120,000.00 – $170,000.00

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