Director, Asset Management

Description

This role will focus on driving the financial and operational performance for a portfolio of 6-8 Class A office buildings (1.5-2.0 MSF). Primary responsibilities will include developing/executing value add strategies, negotiating leases and building relationships with key market participants. Additionally, the Director will partner with Regional Head to underwrite potential acquisitions and developments.

• Proactively enhance property’s competitiveness; monitor local market conditions, anticipate trends and reposition property accordingly.
• Negotiate property-level contracts, including leases, licenses and, where applicable, third-party management and exclusive leasing listing agreements.
• Prepare Investment Committee recommendations on large lease transactions.
• Update Senior Management on leasing efforts, including both new leasing activity for vacant space as well as renewal activity on existing tenants.
• Identify ‘Value Add’ strategies for properties in the portfolio.
• Partner with Regional Head/Capital Markets to underwrite acquisition and development opportunities. Assist in the disposition process as well.
• Review and approve property budgets, including both projected leasing and building capital plans.
• Work with Analyst to update ARGUS Enterprise models used for ongoing cash flow projections of portfolio.
• Select and direct the transition of the property-level team (property manager, leasing agent, attorneys, and other third-party professionals) after acquisition.

Requirements

• Proficient in ARGUS Enterprise and Excel
• Advanced knowledge of financial analysis (NPV, IRR, lease comparison, ROI, DCF modeling, payback, financial statement analysis, etc.)
• Strong negotiation, verbal, and writing skills
• Relevant experience in office lease negotiations, property operations, development or construction a plus
• Ability to develop and deepen key business relationships
• Routine travel is required for the position up to 15% of the time.
• Bachelor’s degree required (finance, accounting or real estate focus preferred)
• Experience in the Atlanta office markets preferred.
• Physical requirements involve sitting to perform general office work at computer, and mobility between departments or office areas to facilitate work.
• 7-10 years of commercial real estate experience; 5 years focused on asset management

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance