VP, Asset Management

This role will focus on optimizing the financial and operational performance for a portfolio of approximately ten  Class A office buildings (two million square feet), mostly located in Dallas.  This person will report directly to the regional Executive Vice President and will have significant interaction with key market constituents.  Primary responsibilities will include developing/executing strategies which enhance the portfolio’s value, structuring and negotiating leases and serving as an integral contributor in the identification and evaluation of potential acquisition, disposition, redevelopment and development decisions. 

JOB REQUIREMENTS:

• Bachelor’s degree required (finance, accounting or real estate focus preferred)
• 10-15 years of commercial real estate experience; 10 years focused on asset management
• Ability to develop and deepen key business relationships
• Strong negotiation, verbal, and writing skills
• Advanced knowledge of financial analysis (NPV, IRR, lease comparison, ROI, DCF modeling, payback, financial statement analysis, etc.)
• Proficient in ARGUS and Excel
• Familiarity with VTS is preferred 
• Physical requirements involve sitting to perform general office work at computer, and mobility between departments or office area to facilitate work.
• Routine travel is required for the position up to 15% of the time.
• Experience in the Dallas office markets preferred.
• Relevant experience in office lease negotiations, property operations, acquisitions, dispositions, development/redevelopment.

JOB RESPONSIBILITIES:

1)  Negotiate property-level contracts, including leases, licenses and, where applicable, third-party management and exclusive leasing listing agreements.

2)  Identify strategies to enhance the overall value of the portfolio. Proactively assess  competitive positioning; monitor local market conditions, anticipate trends and reposition property accordingly.

3)  Partner to underwrite acquisition, redevelopment and development opportunities.  Assist in the disposition process, as appropriate.

4)  Prepare internal documentation on sizable transactions, as needed (large leases, acquisitions, dispositions, etc.).

5)  Utilize VTS Software to update Senior Management on leasing efforts, including both new leasing activity for vacant space as well as renewal activity on existing tenants.

6)  Review and approve property budgets, including both projected leasing and building capital plans.

7)  Work with Analyst/Associate to update ARGUS Enterprise models used for ongoing cash flow projections of portfolio.

EOE/MFDV