Job Description
PURPOSE
Directs and oversees the overall management of company real estate holdings and transactions including timely and efficient acquisition, sale, and leasehold activities; negotiates and ensures that contracted responsibilities of outside vendors (realtors, landlords, property service providers) are effectively exercised. Collaborates with Legal, Operations, Finance and Corporate Development to identify, prioritize, and manage portfolio improvement opportunities consistent with the overall strategic plan of the Company.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Retains, monitors and directs brokers to ensure that excess property is being actively and properly marketed.
Using professional assistance where necessary, determines market conditions and fair market value (FMV) in order to negotiate favorable sale terms for the company.
Travels to ProBuild excess and closed locations; inspects properties to determine marketability.
Ensures properties are appropriately maintained and all signage and security is in place.
Meets with landlords to negotiate lease terminations or sub-leases.
Reports to management on a monthly basis on the status of all properties and disposition activities.
Monitors Laird Norton Real Estate marketing efforts to ensure that actions adhere to agreements to jointly mitigate PB obligations on closed properties.
Manages “green fielding” initiatives, budget, development and construction processes.
Prepares and negotiates letters of intent, design and construction contracts, RFP's, build-to-suit agreements and purchase and sale agreements using outside assistance as necessary.
10. Supports Mergers & Acquisition activity in real estate due diligence investigations in cooperation with Corporate Development.
11. Negotiates new leases with third party landlords using professional assistance as necessary in cooperation with General Counsel.
12. Directs acquisition and leaseback relationship with ProBuild Real Estate Holdings pursuant to Guidelines.
13. Manages the relationship with the outsourced real estate service providers to ensure value, adherence to policies and maximization of cost savings opportunities.
14. Leads the vendor sourcing process; negotiates contracts, develops service plans, and manages operational changes.
15. Manages the lease administration function, which includes maintaining company wide property database to track key lease terms and dates, provides portfolio reporting and assist with monthly rental payments.
16. Negotiates lease renewals using professional assistance as required.
17. Serves as principal point of contact for landlord relationships.
18. Serves as principal point of contact for market managers in dealing with real estate management issues.
19. Understands and observes all safety procedures and practices in order to prevent injury to self or co-workers; attends periodic safety meetings as required; may recommend changes to improve safety procedures.
20. Develops and executives strategies for minimizing the company’s occupancy costs including standardized repair and maintenance programs, energy management programs, and renovations and new construction activities.
21. Other duties may be assigned.
Desired Skills & Experience
COMPETENCIES
Experience with real estate marketing procedures and real estate brokerage agreements
Experience in real estate development, permitting, construction contracts, project management
Excellent interpersonal, influencing and negotiation skills
Excellent problem solving, analytical, and quantitative skills
Strong leadership and management skills, including driving results through people
Skill in establishing and maintaining effective working relationships
Proficiency in Microsoft Office Suite and an enterprise resource planning (ERP) program
MINIMUM REQUIREMENTS
Bachelor’s degree in business administration or related field and ten (10) years to twelve (12) years real estate management experience required; or equivalent combination of education and experience.
WORK ENVIRONMENT / PHYSICAL ACTIVITY The work environment and physical activity described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Work is in an office setting and generally sedentary with physical effort associated with using a computer, but may involve walking or standing for brief periods of time.
May be required to occasionally lift, carry, push, pull, or otherwise move objects up to 25 pounds.
Frequent travel will be required.
Apply Now - Resume or CV with Job Post Title
Email: jobs@aarenconsultants.in
Posts
