Director of Commercial Real Estate Job at MENKITI GROUP INC, Worcester, MA

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  • MENKITI GROUP INC
  • Worcester, MA

Job Description

At The Menkiti Group, we are dedicated to our mission of transforming lives, careers, and communities through real estate. If you are someone who wants to make a difference in the world, we invite you to elevate your career trajectory with us. We are seeking a highly motivated Commercial Property Manager to work with our asset management and commercial real estate teams to oversee and manage the daily operations of properties within The Menkiti Group Portfolio. This is a high-growth position as the company continues to onboard properties from its $2 billion development pipeline. Check you match the skill requirements for this role, as well as associated experience, then apply with your CV below. This position will focus on market strategy, direction, presence and commercial leasing in Worcester,MAand the broader Boston region, and will provide commercial lease and sales administration for the Company’s MA and Washington, DC region portfoliocomprisedof 60+ properties. The Portfolio Manager willprovide a leadership presence for our Worcester office;maintainand grow the Company’s network of relationships inthe region;help toidentify,evaluateand advanceacquisitions opportunities;and develop and implement creative leasingand salesstrategies for our 200,000 SF+MAcommercial portfolio.The PortfolioManagerwillnegotiatenew lease agreements and existing tenant renewalsfor the Company’s commercial portfolio in both MA and DC, working closely with the commercial brokerage team located inourDC headquarters. The ideal candidate is a motivated self-starter with strong sales, negotiation, and customer service skills, as well as an understanding of commercial real estate fundamentals. Key Responsibilities: New England Market Leader Market strategy, direction, and accountabilityDay-to-day leasing and transaction execution in Worcester / New Englandthrough a combination of direct leasing and managing third party brokersPortfolio management in local marketActive presence and leadershipin local marketLeader of Worcester office, providing camaraderie and leadership to property management staff Global Portfolio Leasing – Strategy, Organization, & Execution Trackingand managementof global MG portfolio leasing activities and needsImplementand refinesystems, processes, reporting, & technologyin partnership with the DC HQ commercial brokerage teamLeadleasing strategy,pricingand negotiationsMarket and lease existing vacanciesIssue and negotiate LOI’s and leasesLease renewal & critical date trackingDevelop and manage capital expenditure plans across the portfolio Brand Ambassador, Community Engagement, Business Development Maintain on the ground, day-to-day brand presence and awarenessworkingat least three days/weekout of our Worcester officeMaintain key relationships – public and privatesector;university, government, anchor tenants, small business tenantsMaintainkey boardseats & real estate industry groupparticipation Engage inpublic speaking opportunitiesProvide community involvement and engagement Acquisitions – Strategic Adjacencies and Growth Opportunities Maintain investment salesbroker relationshipsIdentifytargeted acquisitions per MGMA strategyAdvance due diligence,evaluationand predevelopment activities on acquisitions opportunities Strong financial analysis, budgeting, and real estate modeling skills Understanding ofcommercial leasestructures Market analysis capabilities Excellent communication, presentation, and stakeholder management skills High leveloforganization, judgment, and attention to detail Education & Experience: Bachelor’s degree in Real Estate, Finance, Business, Economics, or related field 3-5+ years of experience in commercial real estateleasing, leasenegotiations andadministration,portfolio management, and/or asset management Technical Proficiency: Proficiencyin MS Word and Excel Competency in real estate software a plus (e.g., MRI, Argus, or similar) All your information will be kept confidential according to EEO guidelines. xmvmafu PandoLogic. Keywords: Real Estate Director, Location: Worcester, MA - 01655

Job Tags

Work at office, Local area,

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