Corporate Real Estate Asset Manager
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Job Location:
Sacramento, CA - USA
Monthly Salary:
$ 116667 - 163333
Posted on:
11 hours ago
Vacancies:
1 Vacancy
Job Summary
Purpose
The Corporate Real Estate Asset Manager is responsible for the strategic oversight financial optimization and operational management of Teichert Land Co.s commercial building real estate portfolio to maximize asset value and support business operations. This role establishes centralized control and accountability for total cost of ownership across all company-owned and leased commercial building properties. The position requires developing and implementing standards processes and systems to effectively manage the full lifecycle of corporate real estate including strategic planning internal and external lease administration facility operations capital improvement planning and vendor management.
Focus & Scope
Essential duties and responsibilities i.e. those which are basic necessary and an integral part of the job are indicated below:
Relationships Qualifications and Requirements & Competencies
Key Relationships
Reports To:
Direct Reports:
External Clients:
Internal Clients:
Role Qualifications & Requirements
Education:
Experience and Industry Expertise:
Specific Job Requirements:
Competencies
Equipment Used Physical Demands and Work Environment
Equipment Used:
BASE SALARY RANGE:
$116667.00 - $163333.00
The range displayed reflects the range the company reasonable expects to pay for the position. The actual base salary is subject to variation due to the role level geographic location relevant education training or experience among other factors.
Employer Disclosure Statement
The above statements and job description is intended to describe the nature and level of work being performed within this job. They are not intended to be an exhaustive list of all responsibilities duties and tasks. Other similar or additional duties are performed as assigned.
Equal Opportunity Employer
Teichert and its subsidiaries pride themselves on being an Equal Opportunity Employer. Individuals seeking employment at our company are considered without regards to race color religion sex national origin disability status protected veteran status or any other characteristic protected by federal state or local laws.
Applicants with disabilities may be entitled to reasonable accommodation. A reasonable accommodation is a change in the way things are normally done that will ensure an equal employment opportunity without imposing an undue hardship on the company. If you are an applicant with a disability please inform Robert Maxey () if you need assistance completing any forms or to otherwise participate in the application process.
Notice to Staffing Agencies
Teichert Inc. and its subsidiaries (Teichert) will not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to Teichert including unsolicited resumes sent to a Teichert mailing address fax machine or email address directly to Teichert employees or to Teicherts resume database will be considered Teichert property. Teichert will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume. Teichert will consider any candidate for whom an Agency has submitted an unsolicited resume to have been referred by the Agency free of any charges or fees. Agencies must obtain advance written approval from Teicherts recruiting function to submit resumes and then only in conjunction with a valid fully-executed contract for service and in response to a specific job opening. Teichert will not pay a fee to any Agency that does not have such agreement in place. Agency agreements will only be valid if in writing and signed by Teicherts Human Resources Representative or his/ her designee. No other Teichert employee is authorized to bind Teichert to any agreement regarding the placement of candidates by Agencies.
The Corporate Real Estate Asset Manager is responsible for the strategic oversight financial optimization and operational management of Teichert Land Co.s commercial building real estate portfolio to maximize asset value and support business operations. This role establishes centralized control and accountability for total cost of ownership across all company-owned and leased commercial building properties. The position requires developing and implementing standards processes and systems to effectively manage the full lifecycle of corporate real estate including strategic planning internal and external lease administration facility operations capital improvement planning and vendor management.
Focus & Scope
Essential duties and responsibilities i.e. those which are basic necessary and an integral part of the job are indicated below:
- Develop and execute comprehensive strategic plans for Teichert Land Cos commercial building real estate portfolio including annual facility planning 5-year utilization plans and site selection analysis for acquisitions dispositions and development opportunities aligned with corporate objectives and operational needs.
- Manage annual operating and capital budgets for the entire real estate portfolio monitor financial performance including income expenses cash flow and variance analysis and provide financial analysis and reporting to executive leadership on portfolio performance.
- Establish and maintain complete visibility into property locations occupancy and total cost of ownership through systems that track leases property costs asset maintenance expenses and P&L reporting.
- Manage all internal and external leases under Teichert Land Company structure including developing standardized sublease agreements negotiating new leases and renewals establishing internal lease processes and rate determination methodology and ensuring lease compliance.
- Oversee all contracts with vendors suppliers contractors and brokers while supervising the internal facilities management team and coordinating external property managers.
- Conduct comprehensive asset assessments of the entire portfolio to establish baseline conditions maintenance protocols and deferred maintenance logs with prioritization frameworks to preserve asset quality and ensure regulatory compliance.
- Approve and monitor operational and capital expenditure plans for all properties including maintenance repairs tenant improvements and day-to-day operations.
- Develop and implement company-wide standards for space planning workplace allocation and utilization including role-based space criteria standardized processes for employee moves and space changes and CAD seating chart systems.
- Serve as primary point of contact for all corporate real estate matters communicating regularly with senior management operations leaders legal counsel brokers and vendors while providing subject matter expertise on commercial real estate processes leasing and industry best practices.
- Perform market research to identify opportunities risks and trends affecting the portfolio and assess financial implications of real estate decisions to support strategic recommendations.
Relationships Qualifications and Requirements & Competencies
Key Relationships
Reports To:
- Director of Financial Risk
Direct Reports:
- Facilities Manager.
- Indirect reports through Facilities Manager: Facilities Assistant(s) Corporate Receptionist and any other corporate facilities staff members.
External Clients:
- Brokers Vendors Suppliers Contractors External Property Managers Construction Managers Legal Counsel and Third-Party Lessors/Landlords.
Internal Clients:
- Senior Management Executive Leadership Business Unit and Operations leaders across the Teichert Family of Companies.
Role Qualifications & Requirements
Education:
- A Bachelors degree in Business Administration Real Estate Finance Construction Management or related field or an equivalent combination of training education and experience required.
- Possession of one or more of the following advanced degrees or certifications preferred: MBA Masters in Real Estate CPM RPA Leed AP or PMP.
Experience and Industry Expertise:
- Minimum 5-7 years of progressive experience in commercial real estate asset management corporate real estate or property management.
- Demonstrated experience managing diverse property portfolios including owned and leased assets.
- Proven track record in lease negotiation financial analysis and capital planning.
- Experience developing and implementing real estate standards processes and systems.
- Background in construction tenant improvements and capital project management.
Specific Job Requirements:
- Successful completion of pre-employment drug alcohol and background investigation.
- Valid Drivers License.
- Strong financial acumen with expertise in budgeting forecasting variance analysis and P&L management.
- Proficient with Microsoft Office Suite particularly advanced financial modeling in Excel and PowerPoint.
- Experience with or ability to implement real estate management software and CMMS (Computerized Maintenance Management Systems).
- Familiarity with CAD software for space planning and seating charts.
- Understanding of building systems maintenance requirements and construction processes.
- Exceptional strategic thinking and problem-solving abilities with focus on process improvement.
- Excellent negotiation skills for complex lease agreements and vendor contracts.
- Outstanding project management capabilities to manage multiple priorities simultaneously.
- Superior written and verbal communication skills for reporting presentations and stakeholder engagement.
- Deep understanding of commercial real estate markets trends and industry best practices.
- Strong analytical skills to evaluate opportunities and make data-driven recommendations.
- Ability to influence and gain buy-in from stakeholders without formal authority.
- Travel to different properties will be required with occasional overnight travel.
Competencies
- Building Relationships
- Building Teams
- Change Management
- Customer Service
- Planning/Prioritizing
- Initiative
- Dependability
- Judgement/Decision Making
Equipment Used Physical Demands and Work Environment
Equipment Used:
- General office equipment telephone automobile personal protective equipment (i.e. safety glasses hearing protection) when visiting plants.
- Physical: Sitting for long periods of time working on the computer or attending meetings. Job site visits require walking on uneven ground steep slopes and exposure to extreme temperature and/or humidity. Some lifting of materials and equipment up to 50 lbs.
- Work Environment: Typical office environment with adequate temperatures and lighting low levels of noise. Demands of meeting tight deadlines. Exposed to the conditions of job sites which can include loud noise dust fumes and extreme weather conditions prevalent at the time. May work various hours including early mornings dusk or evenings.
BASE SALARY RANGE:
$116667.00 - $163333.00
The range displayed reflects the range the company reasonable expects to pay for the position. The actual base salary is subject to variation due to the role level geographic location relevant education training or experience among other factors.
Employer Disclosure Statement
The above statements and job description is intended to describe the nature and level of work being performed within this job. They are not intended to be an exhaustive list of all responsibilities duties and tasks. Other similar or additional duties are performed as assigned.
Equal Opportunity Employer
Teichert and its subsidiaries pride themselves on being an Equal Opportunity Employer. Individuals seeking employment at our company are considered without regards to race color religion sex national origin disability status protected veteran status or any other characteristic protected by federal state or local laws.
Applicants with disabilities may be entitled to reasonable accommodation. A reasonable accommodation is a change in the way things are normally done that will ensure an equal employment opportunity without imposing an undue hardship on the company. If you are an applicant with a disability please inform Robert Maxey () if you need assistance completing any forms or to otherwise participate in the application process.
Notice to Staffing Agencies
Teichert Inc. and its subsidiaries (Teichert) will not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to Teichert including unsolicited resumes sent to a Teichert mailing address fax machine or email address directly to Teichert employees or to Teicherts resume database will be considered Teichert property. Teichert will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume. Teichert will consider any candidate for whom an Agency has submitted an unsolicited resume to have been referred by the Agency free of any charges or fees. Agencies must obtain advance written approval from Teicherts recruiting function to submit resumes and then only in conjunction with a valid fully-executed contract for service and in response to a specific job opening. Teichert will not pay a fee to any Agency that does not have such agreement in place. Agency agreements will only be valid if in writing and signed by Teicherts Human Resources Representative or his/ her designee. No other Teichert employee is authorized to bind Teichert to any agreement regarding the placement of candidates by Agencies.
Required Experience:
Manager
Key Skills
- Microsoft Office
- Portfolio Management
- Microsoft Word
- Asset Management
- Yardi
- Microsoft Excel
- Administrative Experience
- DocuSign
- Property Management
- negotiation
- Contracts
- Google Suite
About Company
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