Atlanta, Georgia
Posted: 01-Aug-23
Location: Austin, Texas
Type: Full Time
Categories:
Required Education:
Our Client is the most respected provider of retail real estate services in Texas. Their team provides a full range of services including general brokerage, property management, asset management and development services. They operate exclusively in Texas’ major markets: Dallas-Fort Worth, Austin, Houston and San Antonio.
Our Client is recruiting for an experienced Asset Manager for the Austin office. The Asset Manager position is responsible for financial analysis related to leasing and financing decisions, leasing evaluation, sales activities, asset and capital improvement budgeting, asset management plans, property management coordination and investor/owner communications for an assigned portfolio of shopping centers.
Responsibilities:
- Communicate regularly with owner in order to effectively understand and implement their goals.
- Direct the leasing and physical operation of an assigned retail portfolio located in the Austin area.
- Monitor the financial health for each assigned property.
- Coordinate and direct tenant collections.
- Read, interpret, and negotiate contracts, leases, lease amendments and other legal documents related to assigned portfolio.
- Prepare contracts, leases, lease amendments and other legal documents for signature.
- Prepare monthly reports for assigned portfolio.
- Present property information to owner during regularly scheduled property meetings.
- Review and approve annual property budgets.
- Visit properties to inspect condition of shopping center, gauge adherence to lease and owner standards.
- Monitor critical dates within assigned portfolio (lease expirations, renewals, etc.).
- Ensure that high standards for leasing, property performance and property operations are understood and maintained.
- Other duties as assigned.
Qualifications:
- Bachelor’s degree required; master’s degree a plus.
- Minimum 3-5 years of commercial real estate experience with both local as well as regional community shopping center tenants.
- Retail lease negotiation experience and a thorough understanding of the retail industry is required.
- Strong analytical skills with high attention to detail and accuracy.
- Strong organizational, time-management, and prioritizing skills.
- Excellent verbal, written, and interpersonal communication skills.
- Ability to work well independently and on a team in a fast-paced environment with strict deadlines.
- Ability to work well under pressure while handling unexpected situations.
- Intermediate or better Microsoft Office Suite skills.
