About this role
Position Summary
This position is responsible for the management of our industrial property portfolio, including the acquisition, disposition, construction, and maintenance of all corporately owned and leased real estate assets, as well as the negotiation and administration of leases and the landlord relationships that support them. This position will work closely with Executive Management during property acquisitions, supporting property assessment, purchase contract review and post-acquisition transition, and during lease negotiations, renewals, and extensions.
Essential Functions
Manage industrial property searches and negotiate the acquisition, disposition, or lease of properties (independently or with brokers), managing critical dates and events in accordance with the various corporate operational needs.
Manage the leased real estate portfolio, including negotiating new leases, renewals, extensions, amendments, subleases, terminations, and parking agreements (independently or with brokers), to secure terms that meet corporate operational and financial objectives.
Identify, estimate, bid, evaluate, contract, and manage construction, renovation, and repair projects
Serve as the primary liaison with landlords, property managers, and brokers, building and maintaining productive relationships and resolving lease, maintenance, and compliance issues in a timely manner.
Develop national, regional and local vendors and programs to effectively support all aspects of facility management
Create, manage, and report Property Capital Budgets
Facilitate the handling of city, county, and state requirements and community relationships as they relate to the properties, construction projects, or repairs
Educate field personnel and manage a large volume of separate projects for diverse business groups and leaders in a supportive relationship while upholding corporate requirements and strategic initiatives
Provide detailed information and reporting necessary to assist various Corporate departments, including Insurance, Finance, Human Resources, and Safety
Qualifications
Qualifications
Bachelor's degree in Real Estate, Business, Finance, Construction Management, Engineering, or a related field, or equivalent experience
Working knowledge of lease administration, including lease abstraction, critical-date management, and lease accounting (ASC 842) in coordination with Finance
Experience reviewing and redlining leases, amendments, purchase agreements, and landlord notices, and working with counsel and brokers, with sound judgment on when to escalate for approval
Experience managing a capital budget, forecasting rent and occupancy costs, while operating within budgets set by senior leadership
Experience managing repair, renovation, and construction projects from bid through closeout, including contractor selection and scope and cost control
Strong negotiation, relationship-building, and communication skills for working with landlords, brokers, vendors, municipalities, and Executive Management, and the ability to prioritize a high volume of small, recurring items alongside larger projects
Experience managing a large portfolio of 200+ properties and leases, including a high volume of small parking and satellite site agreements
Experience leading or developing a small team
Preferred: Experience with lease management or CAFM software (for example, Tango, Yardi, MRI, or CoStar)
Note: The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities and skills required of associates so classified. Management retains the right to assign or reassign duties at any time. Job description is subject to change. All employees of the Company are expected to:
- Promote positive work habits including effective and timely communication, teamwork and respect for co-workers.
- Provide constructive guidance to other employees and representatives of third parties.
- Contribute to providing the highest quality of products and services to customers.
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