Interested and Qualified candidates, please submit resume to:
Sam Keithler | sam@kelleraugusta.com
Kate Mecke | kmecke@kelleraugusta.com

Category:Acquisitions/Originations 

Senior Associate/Director

New York, NY

JOB DESCRIPTION

  • Provide analysis and recommendations to ownership regarding both lease transactions and proposed discretionary capex.
  • Update underwriting models in excel and Argus to gauge returns as necessary.
  • Attend weekly or biweekly update calls/meetings with JV partners and/or property managers and present to upper level managers.
  • Appropriate rent / trend analysis to monitor asking rents and identify any potential issues.
  • View on unit renovations / scope and premiums achieved; monitor pace, cost and premiums; suggest modifications as needed.
  • Monitor other on-going capital projects (both mandatory and discretionary) working closely with the firm’s partners as well as design and construction professionals.
  • Recommend actionable solutions to either combat operational issues or take advantage of value creation opportunities
  • Coordinate and execute the marketing and leasing of available space within the assigned core portfolio.
  • Review and negotiate letters of intent, leases, contracts and other related documents.
  • Maintain relationships with existing tenants and establish new relationships with prospective retailers and tenant brokers. Maintain and grow relationships with brokers in the client’s respective and surrounding trade areas and establish new relationships with brokers throughout the broader region. 
  • Oversee third-party brokers to ensure that properties are being marketed effectively.
  • Evaluate value-added opportunities through upgrading tenant mix and/or repositioning commercial space mix within the core portfolio.
  • Develop, update and present leasing reports and all required operational reports to senior management.
  • Provide income projections for the annual budget process and quarterly forecasts.

COMPANY OVERVIEW

Our Client is a privately owned global real estate investment, development and management firm with a presence in 20 countries and just under $100 billion assets under management.  They have 114 developments currently underway around the world, and historically, has developed, redeveloped or acquired 1,205 properties, totaling over 390 million square feet.  

QUALIFICATIONS

  • 3-7 years of office asset management experience with exposure to leasing preferred. Other relevant real estate experience will be considered. Manhattan experience is preferred.
  • Deep understanding of the operational nuances of the office sector combined with strong analytical/underwriting skills; Argus Enterprise and excel capabilities required.
  • Ability to synthesize granular rental and operational information into formats that allow or the identification of issues or trends.
  • Ability to be highly effective in a team environment.
  • Highly organized with strong attention to detail.
  • Proven success in completing lease transactions including renewals, terminations, expansions, and unexpected vacancies.
  • Proven track record positioning centers to maximize income and market potential.
  • Bachelor’s degree in business administration, real estate, or related field is preferred.
  • Strong negotiator with a proven track record of success.
  • Ability to manage relationships with brokers and leasing companies.
  • Ability to multi-task and handle multiple projects, markets and assets simultaneously. 
  • High integrity, drive and intellectual curiosity are a must, with the ability to maintain balance and a rational perspective in all circumstances.
  • Proficiency with web-based leasing platforms and MS Office required.
  • Ability to oversee and monitor construction projects; manage budgets and design.