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Real Estate Manager
$109k-157k (estimate)
Full Time | Energy 2 Months Ago
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Northwest Seaport Alliance is Hiring a Real Estate Manager Near Seattle, WA

Anticipated hiring salary is between $93,503 - $110,004 depending on qualifications

The Real Estate Manager is primarily responsible for implementing strategic and tactical aspects of leasing, lease development and property/lease management of alliance properties that are necessary to the success of the NWSA. The emphasis of this position is on leasing and property management of alliance container support and industrial properties primarily in the North Harbor (Seattle) with occasional work in the South Harbor (Tacoma).

Executes the many different property related transactions ranging from leasing, property management, and property encumbrances (including, but not limited to: licenses, easements, use agreements and railroad use agreements).

  • Serves as the central point of contact for assigned tenants and customers through the lease development process including initial contact, lease negotiations, tenant financial analysis and development of final lease document. Work with Commercial and Operations staff to identify, develop, prioritize, and recommend opportunities; plan and execute these strategies.
  • Utilizes internal resources in order to pursue business opportunities and to maximize asset utilization to create value, revenue, and profit. Manages and controls operating expenses by negotiating strong tenant agreements and developing cost containment/reduction strategies for the portfolio. Analyzes and evaluates property proposals and reports, recommending changes to senior management to produce a higher rate of return. Develops and manages annual lease revenue and expense budgets as well as long range forecasts for each property in the portfolio.
  • Manages assigned alliance properties on an ongoing basis to maximize return. Oversees tenant improvement projects/or port construction projects. Interprets all lease provisions and coordinates and works as liaison between maintenance and tenants to resolve disputes. Meets and communicates regularly with alliance staff to ensure all rents are current, billing disputes and late payments are handled per policy (including charging late fees/penalties) and default notices and unlawful detainer notices are processed when necessary.
  • Assists with commission presentations as needed; collaborates with Public Affairs on special events, inquiries and concerns related to assigned portfolios.
  • Stays informed about other port authorities and competitors. Converts this understanding of relative comparative advantages into strategic objective recommendations and communicate with alliance Real Estate team. Builds and maintains successful inter-departmental relationships necessary for project support.
  • Attends and participates in other department meetings that pertain to issues impacting alliance tenants.

Bachelor’s degree in business, economics, marketing, finance, or related field required. An additional four (4) years of relevant experience may substitute for a bachelor’s degree. 

Minimum five (5) years of progressively responsible experience in commercial/industrial real estate leasing and property management and/or commercial real estate development required. Experience in the maritime industry is highly desirable. 

Has working knowledge of the local and national commercial/industrial real estate market. Knowledge of the current real estate market values and key metrics and ability to incorporate industry trends into recommendations for business plans, property offerings and lease negotiations. Good understanding of real estate principles and concepts and basic knowledge of Real Estate Law as it pertains to leases, easements, licenses, property acquisition (purchase, sales, and exchanges) and related use agreements to interact with customers and staff at all levels of an organization. Basic negotiating Skills and Financial Analysis. Good communication and presentation skills. Ability to implement and negotiate multiple leases and/or projects concurrently and work effectively, courteously in high pressure situations related to simultaneous deadlines.
This individual must demonstrate a caring customer service attitude, a strong commitment to operational excellence, and dedication to the organization’s core values: Integrity & Transparency; Excellence; Adaptability; Stewardship; Teamwork & Partnerships; Health & Safety; and Diversity, Equity & Inclusion. NWSA seeks candidates who will embrace and model these values both internally and externally, and who understand what it means to carry out these values in their everyday work. We value individuals who also bring an impeccable work ethic, honesty, and integrity, and who consistently exhibit enthusiasm, energy, and a drive to succeed.
In accordance with the Immigration Control and Reform Act of 1986, all persons offered employment must provide acceptable proof of identity and authorization to work in the United States. Proof will be required prior to employment.

The successful candidate must possess (or obtain within 30 days of employment) a valid driver's license. Candidate must be able to successfully complete a background investigation. Candidate must also be able to obtain/maintain a Transportation Worker Identification Credential (TWIC), which is a program managed by the Department of Homeland Security (DHS). Information on this program can be viewed here.


Job Summary

JOB TYPE

Full Time

INDUSTRY

Energy

SALARY

$109k-157k (estimate)

POST DATE

03/11/2024

EXPIRATION DATE

05/02/2024

WEBSITE

nwseaportalliance.com

HEADQUARTERS

TACOMA, WA

SIZE

<25

FOUNDED

2015

REVENUE

$10M - $50M

INDUSTRY

Energy

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About Northwest Seaport Alliance

The Northwest Seaport Alliance brings together two of the premier harbor facilities in North America to form a single, integrated gateway for marine cargo. The ports of Seattle and Tacoma joined forces in August 2015 to unify management of their marine cargo facilities, strengthening the gateway and attracting more marine cargo to the Puget Sound region. We are the third largest container load center in North America, and regional marine cargo facilities are also a major center for bulk, breakbulk, project/heavy-lift cargoes, automobiles and trucks. Strategically located in the northwest corne...r of the U.S., we offer shorter transits from Asia, and are the first and last ports of call for many trans-Pacific liner services. We pride ourselves on being proactive and performance-driven, and put unrelenting focus on delivering on a promise of operational excellence and best-in-class service for our customers worldwide. Make our advantages yours. More
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The following is the career advancement route for Real Estate Manager positions, which can be used as a reference in future career path planning. As a Real Estate Manager, it can be promoted into senior positions as a Top Retail Real Estate Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Real Estate Manager. You can explore the career advancement for a Real Estate Manager below and select your interested title to get hiring information.

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If you are interested in becoming a REAL ESTATE MANAGER, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a REAL ESTATE MANAGER for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

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Compare the job duties, education, job growth, and pay of property, real estate, and community association managers with similar occupations.

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Team Up With Other Real Estate Agents.

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Step 3: View the best colleges and universities for REAL ESTATE MANAGER.

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