Asset Manager (Commercial)

Asset Manager (Commercial)

We are seeking a highly analytical and strategic Asset Manager to help oversee our commercial real estate portfolio of 18 million square feet of Class A office space. The ideal candidate will partner with Property Management leadership to drive financial performance, operational strategy, and long-term value creation. This role requires a proactive approach to driving revenue growth, managing lease negotiations for renewals, and identifying innovative avenues for supplemental income.

Key Responsibilities

 In partnership with Property Management and Finance, responsible for the Profit and loss statements, ensuring assets meet or exceed financial targets.

 Spearhead the renewal leasing process; negotiate lease terms, analyze tenant financial strength, and collaborate with legal counsel to execute lease agreements.

 Develop strong relationships with key tenants to understand their business needs, ensuring high retention rates and minimizing portfolio downtime.

 Identify, negotiate, and execute opportunities to drive supplemental and ancillary income across the portfolio.

 Maximize revenue from parking operations through strategic pricing, contract optimization, and capacity management.

 Manage and aggressively expand telecommunications and antennae leasing agreements (e.g., cell towers, rooftop rights, fiber optic access).

 Conduct monthly and quarterly financial variance analysis, reporting on property performance to senior leadership.

 Explore additional monetization opportunities

Qualifications

 Experience: Minimum of 7 years of experience in commercial real estate asset management, investment, or finance, preferably within a publicly traded REIT or institutional investment environment.

 Education: Bachelor’s degree in Finance, Real Estate, Economics, Business Administration, or a related field. Master’s degree (MBA or MS in Real Estate) is highly preferred.

 Technical Skills: Advanced proficiency in financial modeling, including strong skills in Microsoft Excel.

 Leasing Acumen: Proven track record of successfully negotiating commercial leases and a deep understanding of lease structures and clauses.

 Financial Literacy: Deep understanding of real estate accounting, financial statements, and REIT performance metrics (FFO, AFFO, NOI, Cap Rates).

 Soft Skills: Exceptional communication and presentation skills, with the ability to distill complex financial data into actionable strategies for executive leadership. Strong entrepreneurial mindset and negotiation skills.