JOB SUMMARY
- Provides ongoing management of real estate transaction activities for a defined portfolio of properties on behalf of our corporate clients.
- Prepares, recommends, and implements a portfolio-wide transaction strategy for acquiring and disposing of real estate properties.
- Coordinates field resources and other stakeholders in the execution of lease renewals, new site acquisitions, disposition of surplus space through subleasing, sale renewals, early lease termination, and more.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Implements real estate plans with an understanding of the client's strategic real estate goals.
- Assists with project initiation and scope definition, prioritization of assignments, and adherence to client-driven priorities, commitments, and milestones.
- Coordinates with broker/agent to effectively negotiate the business terms and conditions for a wide variety of commercial real estate products, including land, office, retail and industrial.
- Coordinates the negotiation of sales through a field broker.
- Negotiates leases and lease amendments. Monitors lease expirations. Negotiates lease renewals within the prescribed timeline.
- Locates and acquires new properties to meet the client's requirements and timeline.
- Disposes of surplus properties within the prescribed timeline.
- Coordinates field broker selection and other required resources, subject matter experts, and business partners.
- If necessary, facilitate client review and approval of proposed team resources for the purpose of transaction execution.
- Drafts and creates a large variety of analyses and relevant documents, including but not limited to: project initiation, market comparable reports, Requests for Proposals (RFPs), proposal comparison packages, letters of intent, and broker's opinions of value.
- Understands how to review, analyze, and interpret financial analysis templates including book and cash flow projections, NPV (net present value), and/or IRR (internal rate of return) financial analyses to enable clients to make more informed decisions.
- Works closely with C&W and/or client's Lease Administration, Project Management, Facility Management, and Finance/Accounting teams to ensure integration between the service lines.
- Closely tracks all transaction activity (commissionable and non-commissionable), prepares commission forecasts and vouchers, and accounts for all savings results achieved on behalf of clients.
- Monitors and maintains a real estate project tracking system to ensure timely transaction completion. Prepares reports and makes presentations to relevant parties.
- Adheres to all state real estate agency requirements. Ensures compliance with C&W's corporate policies as they relate to identifying and mitigating potential conflicts of interest.
- Resolves landlord and tenant disputes.
- Other duties may be assigned.
EDUCATION and EXPERIENCE
- Bachelor's degree with a minimum of six years of related experience and/or training.
- COMMUNICATION SKILLS
- Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.
FINANCIAL KNOWLEDGE
- Requires advanced knowledge of financial terms and principles. Conducts advanced financial analysis.
- REASONING ABILITY
- Ability to comprehend, analyze, and interpret complex documents. Ability to solve problems involving several options in situations. Requires advanced analytical and quantitative skills.
OTHER SKILLS and/or ABILITIES
- Advanced computer software applications (Microsoft Excel, Word, PowerPoint, Outlook, etc.) and Internet navigational skills.
- Strong interpersonal and organizational skills with the ability to manage multiple projects simultaneously.to
