What are the responsibilities and job description for the Real Estate Asset Manager position at IES Communications?
Location: Sugar Land, TX (Primary) with travel to regional facilities as required
Travel Requirements: 25-30% domestic travel to IES facilities and properties
Position Summary
The Real Estate Asset Manager is responsible for optimizing IES Holdings' portfolio of owned and leased real estate assets to support the company's operations. This role manages property performance, financial analysis, lease administration, and strategic planning for facilities across multiple markets. The position requires balancing operational efficiency with capital preservation.
Key Responsibilities
Portfolio Management & Optimization
Required Qualifications
Education
Advanced Education & Certifications
IES is a national provider of industrial products and infrastructure services to a variety of end markets, including electrical, mechanical and communications contracting solutions for the commercial, industrial, residential and renewable energy markets. IES is publicly traded on NASDAQ under the symbol IESC. As of the end of IES’s 2024 fiscal year ending September 30, 2024, IES produced over $2.8 billion in revenue and employed over 9,400 employees at over 131 domestic locations across the United States. IES is an Equal Employment Opportunity Employer: Minorities, Females, Gender Identity, Sexual Orientation, Individuals with Disabilities, Protected Veterans Encouraged to Apply.
From office buildings to wind farms, industrial complexes to housing developments, our employees and design professionals design, build, and maintain the systems that empower lives.
Our commitment to our employees is reflected by our actions:
PLEASE NO AGENCY CALLS.
NOTE TO ALL AGENCIES: Any unsolicited agency resumes or agency represented candidates that are presented to any IES employee without first having a signed contract between that agency and the IES Talent Acquisition organization will become the property of IES and no fees will be paid.
EEO & Affirmative Action
The IES policy on equal employment opportunity prohibits discrimination based on race, color, religion, national origin, sex, age, gender identity, sexual orientation, individuals with disabilities, protected veterans, or any other protected status or characteristic. This policy applies to recruiting, hiring, transfers, promotions, terminations, compensation, benefits, and all other terms and conditions of employment, and also states that retaliation against any employee who files a complaint regarding possible violations of this policy will not be tolerated. IES is also committed to taking affirmative steps to promote the employment of minorities, women, individuals with disabilities, and protected veterans. IES develops affirmative action programs to support its commitment to equal employment opportunity, consistent with company policy and the company’s obligations as a contractor to the United States government.
View Your Equal Employment Opportunity rights under the law. "EEO is the Law" poster | "EEO is the Law" poster supplement
View IES' policy on Pay Transparency Pay Transparency NonDiscrimination Poster
Disability Accommodation
IES is an Equal Opportunity/Affirmative Action Employer. IES provides reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Era Veterans' Readjustment Assistance Act of 1974 and Title I of the Americans with Disabilities Act of 1990. Applicants who need accommodation in the job application process should contact the IES corporate office at (713) 860-1500 or any IES office to request assistance.
IES Participates in E-Verify
E-Verify Information
English/Spanish
Right to Work
English
Spanish
Travel Requirements: 25-30% domestic travel to IES facilities and properties
Position Summary
The Real Estate Asset Manager is responsible for optimizing IES Holdings' portfolio of owned and leased real estate assets to support the company's operations. This role manages property performance, financial analysis, lease administration, and strategic planning for facilities across multiple markets. The position requires balancing operational efficiency with capital preservation.
Key Responsibilities
Portfolio Management & Optimization
- Manage and optimize IES’s real estate portfolio with a primary focus on workforce housing assets, including both single family and multifamily properties, as well as IES’s corporate offices, warehouses, and operational facilities
- Conduct property performance assessments
- Develop and execute asset acquisition and disposition strategies aligned with business objectives
- Prepare annual budgets, forecasts, and variance analysis for real estate portfolio
- Conduct financial modeling for capital improvements, lease vs. buy decisions, and portfolio optimization
- Generate monthly and quarterly reporting for senior executives
- Oversee lease negotiations, renewals, and modifications across the portfolio
- Manage tenant relationships and coordinate with property management companies
- Ensure compliance with lease terms and optimize occupancy rates
- Develop and oversee capital improvement plans and maintenance schedules
- Coordinate with facilities teams on preventive maintenance and emergency repairs
- Manage vendor relationships and service contracts
- Analyze real estate markets to identify opportunities and risks
- Support expansion planning and site selection for new facilities
- Provide market intelligence for strategic business decisions
- Ensure compliance with local, state, and federal regulations
- Coordinate insurance requirements and claims
- Conduct comprehensive diligence on all prospective properties
- Work with the tax department to identify real estate-related tax benefits
- Provide transactional support for acquisitions, dispositions, and capital improvements, ensuring alignment with tax planning objectives.
- Maintain accurate documentation of real estate transactions to support tax compliance, audits, and optimization efforts.
Required Qualifications
Education
- Bachelor's degree in Real Estate, Finance, Business Administration, or related field OR Relevant experience
- Minimum 5-7 years of commercial real estate experience with focus on asset management
- Experience managing multi-property portfolios valued at $50M
- Proven track record in financial analysis and budget management
- Experience with residential real estate management
- Proficiency in Excel, financial modeling, and real estate software (e.g. Argus & CoStar)
- Familiarity with property management systems and lease administration platforms
- Basic understanding of real estate tax concepts
- Strong analytical and problem-solving capabilities
- Excellent written and verbal communication skills
- Ability to manage multiple projects simultaneously
- Valid driver's license and ability to travel 25-30%
Advanced Education & Certifications
- Professional certifications such as CPM, RPA, or CRE
- LEED AP or other sustainability certifications
- 8 years of commercial real estate experience in corporate or institutional settings
- Background in industrial, warehouse, residential or specialty facility management
- Experience in electrical, construction, or technology industries
- Knowledge of real estate accounting principles and GAAP
- Experience supporting real estate tax planning and analysis
- Knowledge of tax concepts related to commercial and residential real estate holdings, including depreciation, 1031 exchanges, and property tax assessments
- Understanding of cost segregation studies and other tax deferral or incentive strategies
IES is a national provider of industrial products and infrastructure services to a variety of end markets, including electrical, mechanical and communications contracting solutions for the commercial, industrial, residential and renewable energy markets. IES is publicly traded on NASDAQ under the symbol IESC. As of the end of IES’s 2024 fiscal year ending September 30, 2024, IES produced over $2.8 billion in revenue and employed over 9,400 employees at over 131 domestic locations across the United States. IES is an Equal Employment Opportunity Employer: Minorities, Females, Gender Identity, Sexual Orientation, Individuals with Disabilities, Protected Veterans Encouraged to Apply.
From office buildings to wind farms, industrial complexes to housing developments, our employees and design professionals design, build, and maintain the systems that empower lives.
Our commitment to our employees is reflected by our actions:
- Safety is Priority One - and our record shows it
- Competitive Pay
- Company 401K plan with Employer Contribution Match
- Company Paid Time Off
- Company Paid Life Insurance
- Choice of Medical Coverage including Prescription and Short Term Disability Plans
- Choice of Dental and Vision Coverage
- Optional Long-term Disability, Critical Illness, Accident, Legal and Pet Coverage
- Auto and Home Insurance Discount Programs
PLEASE NO AGENCY CALLS.
NOTE TO ALL AGENCIES: Any unsolicited agency resumes or agency represented candidates that are presented to any IES employee without first having a signed contract between that agency and the IES Talent Acquisition organization will become the property of IES and no fees will be paid.
EEO & Affirmative Action
The IES policy on equal employment opportunity prohibits discrimination based on race, color, religion, national origin, sex, age, gender identity, sexual orientation, individuals with disabilities, protected veterans, or any other protected status or characteristic. This policy applies to recruiting, hiring, transfers, promotions, terminations, compensation, benefits, and all other terms and conditions of employment, and also states that retaliation against any employee who files a complaint regarding possible violations of this policy will not be tolerated. IES is also committed to taking affirmative steps to promote the employment of minorities, women, individuals with disabilities, and protected veterans. IES develops affirmative action programs to support its commitment to equal employment opportunity, consistent with company policy and the company’s obligations as a contractor to the United States government.
View Your Equal Employment Opportunity rights under the law. "EEO is the Law" poster | "EEO is the Law" poster supplement
View IES' policy on Pay Transparency Pay Transparency NonDiscrimination Poster
Disability Accommodation
IES is an Equal Opportunity/Affirmative Action Employer. IES provides reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Era Veterans' Readjustment Assistance Act of 1974 and Title I of the Americans with Disabilities Act of 1990. Applicants who need accommodation in the job application process should contact the IES corporate office at (713) 860-1500 or any IES office to request assistance.
IES Participates in E-Verify
E-Verify Information
English/Spanish
Right to Work
English
Spanish