JOB SUMMARY
Provides ongoing management of real estate transaction activities for a complex
or high profile 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.
Concurrently acts as landlord/seller agent and tenant/buyer agent and effectively
negotiates the business terms and conditions for a wide variety of commercial
real estate products, including land, office, retail and industrial.
Coordinates field broker selection and other required resources, subject matter
experts, and business partners. If necessary, facilitates 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.
Coordinates the negotiation of sales through a field broker. Negotiates leases
and lease amendments. Monitors lease expirations. Negotiates lease renewals
within prescribed timeline. Locates and acquires new properties to meet
client's requirements and timeline. Disposes of surplus properties within
prescribed timeline.
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 CBRE and/or client's Lease Administration, Project
Management, Facility Management, Strategy Planning, Occupancy Planning, 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. Responsible for the monitoring and reporting on a regular basis for
governance of agreed-upon KPIs and benchmarks. Ensures that transactions are
compliant with the account established process and procedures.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each
essential duty satisfactorily. The requirements listed below are representative
of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities
to perform the essential functions.
EDUCATION and EXPERIENCE
Bachelor's degree in business or related field, MBA preferred. 5+ years
applicable industry tenure or similar combination of education and experience
CERTIFICATES and/or LICENSES
Real Estate Salesperson license.
COMMUNICATION SKILLS
Ability to comprehend, analyze, and interpret the most complex business
documents. Ability to respond effectively to the most sensitive issues. Ability
to write reports using distinctive style. Ability to make effective and
persuasive presentations on complex topics to employees, clients, top
management and/or public groups. Ability to motivate and negotiate effectively
with key employees, top management, and client groups to take desired
action.
FINANCIAL KNOWLEDGE
Requires in-depth knowledge of financial terms and principles. Ability to
calculate complex figures. Ability to forecast and prepare budgets. Conducts
financial/business analysis including the preparation of reports.
REASONING ABILITY
Ability to solve advanced problems and deal with a variety of options in
complex situations. Requires expert level analytical and quantitative skills
with proven experience in developing strategic solutions. Draws upon the
analysis of others and makes recommendations that have a direct impact on the
client.
OTHER SKILLS and ABILITIES
Advanced computer software application (Microsoft Excel, Word, PowerPoint,
Outlook, etc.) and Internet navigational skills. Strong interpersonal and
organizational skills with ability to manage multiple projects simultaneously.
SCOPE OF RESPONSIBILITY
Decisions made with in-depth understanding and interpretation of procedures,
company policies and business practices to achieve general results. Responsible
for setting department deadlines. Errors in judgment may cause significant
impact to client, co-workers, supervisor, department and/or line of business.
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