Senior Vice President, Construction

About the role

This is an exciting opportunity to join an emerging commercial real estate operating platform focused on acquiring and managing multi-tenant light industrial shallow bay properties in key metropolitan areas across the US.

Responsibilities

• Construction Strategy & Portfolio Leadership
• Define and execute Speed Bay’s enterprise-wide construction strategy, aligning capital improvement programs with the firm’s investment thesis and portfolio growth objectives.
• Hands-on experience with Yardi Construction Manager is required.
• Oversee all construction and CAPEX activity across a national industrial portfolio, ensuring projects are delivered on time, within budget, and to the firm’s quality standards.
• Develop and maintain a multi-year capital plan that anticipates portfolio-wide deferred maintenance, value-add opportunities, and repositioning needs.
• Establish and continuously refine construction policies, processes, and best practices that scale with portfolio growth.
• Partner with Asset Management and Finance leadership on annual CAPEX budgeting, forecasting, and portfolio reporting.
• Team Leadership & Development
• Build, lead, and develop the internal construction team, including direct management of the Senior Construction Manager and any future construction staff.
• Foster a high-performance culture with clear accountability, strong communication, and a proactive approach to problem-solving.
• Recruit, onboard, and retain top construction talent as the platform scales.
• Serve as a mentor and coach, investing in the professional development of direct reports and the broader team.
• Represent the construction function at the executive leadership level, contributing to firm-wide strategy and decision-making.
• Capital Program Execution
• Direct and oversee the full lifecycle of capital improvement projects, including exterior improvements, roofing, HVAC, parking, signage, landscaping, and building systems.
• Implement rigorous project management frameworks including: scheduling, budgeting, reporting, and contractor accountability across all active projects.
• Oversee bidding, contractor selection, contract administration, and performance management across a national vendor network.
• Maintain quality control standards through site visits, third-party inspections, and systematic progress reporting.
• Tenant Improvement & Leasing Support
• Provide executive oversight of the tenant improvement make ready program, ensuring TI projects support leasing velocity and are completed to lease specifications.
• Partner closely with the Property Management and Leasing teams to align construction activities with occupancy goals and tenant retention strategies.
• Ensure efficient TI make ready timelines that support new and renewing lease execution.
• Acquisitions & Due Diligence
• Lead construction due diligence for prospective acquisitions, providing senior-level assessments of deferred maintenance, capital requirements, and construction risk.
• Develop and present construction cost analyses and investment assumptions to support underwriting and investment committee review.
• Build systems and templates to streamline diligence as deal volume increases.
• Vendor & Contractor Management
• Develop and manage a national network of general contractors, subcontractors, engineers, architects, and other project vendors.
• Negotiate master service agreements and preferred vendor arrangements that deliver quality, cost efficiency, and reliable execution at scale.
• Monitor contractor performance and hold vendors accountable to Speed Bay’s standards.

Qualifications

• 10+ years of progressive construction management experience, with significant leadership in commercial or industrial real estate.
• Demonstrated track record managing multi-site capital programs at scale, including CAPEX planning, contractor oversight, and budget accountability.
• Prior experience in a senior leadership role with direct management of construction staff and cross-functional teams.
• Deep knowledge of commercial construction practices, building codes, safety regulations, and contract administration.
• Strong financial acumen, including the ability to manage large capital budgets, analyze project economics, and communicate construction performance to senior stakeholders and investors.
• Experience supporting real estate acquisitions through construction due diligence and investment underwriting.
• Excellent written and verbal communication skills, with the ability to translate complex construction topics for executive, investor, and operational audiences.
• Proficiency with Microsoft Office Suite, construction/project management software, Yardi Construction Manager; experience with Asana or similar platforms is a plus.
• Willingness to travel nationally as the portfolio expands.
• Bachelor’s degree in Construction Management, Civil Engineering, Architecture, or a related field required; advanced degree a plus.

What We Offer

• Competitive base salary and discretionary bonus.
• Comprehensive medical, dental, vision, life, and disability insurance.
• 401(k) plan.
• Paid parking.
• A genuine opportunity to build and lead the construction function of a fast-growing, institutionally backed real estate platform from an early stage.
• Direct impact on portfolio performance and firm growth at the senior leadership level.
• A collaborative, high-performing team culture backed by industry-leading founders.

Compensation

The annual full-time base salary range for this role is $200,000 – $225,000. Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and Speed Bay Senior Management approval. Speed Bay offers PTO and paid holidays, the terms of which are set forth in the program policies. All full-time employees are also eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance and 401K, in each case in accordance with the terms of the applicable plans.

Equal Opportunity Employer

Speed Bay is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Note

This job description is not intended to be all inclusive or exclusive. At any time, employees may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings.