Job Details

Corporate Tools in Post Falls, Idaho is looking to add an experienced Commercial Real Estate Asset Manager to the team. Our business operates in all 50 states and owns/manages commercial RE buildings of various sizes throughout the US. You will be responsible for overseeing our commercial asset portfolio through three particular areas: Asset Procurement, Asset Management and Construction Management.

This position is coded as “Hybrid” which means after initial training and onboarding which will take place in office, occasional remote work is available. However, this role will be expected to continue to work in our Post Falls, Idaho office 2-3 days/week.

Wage:

$80,000-$100,000/year dependent on meeting preferred qualifications

• 100% employer-paid medical, dental and vision for employees
• Annual review with raise option
• 22 days Paid Time Off accrued annually, and 4 holidays
  • After 3 years, PTO increases to 29 days. Employees transition to flexible time off after 5 years with the company—not accrued, not capped, take time off when you want.
  • The 4 holidays are: New Year's Day, Fourth of July, Thanksgiving, and Christmas Day.
• Paid Maternity and Paternity Leave
• 4% company matching 401(k) with no vesting period
• Quarterly "Work Wherever" allowance
  • Use to make your remote work setup more comfortable, for continuing education classes, a plant for your desk, coffee for your coworker, a massage for yourself... really, whatever.
• Open concept office with friendly coworkers
• Creative environment where you can make a difference

Responsibilities:

• Asset Procurement:
• Search inventories in strategic national locations to identify buildings that match a predetermined set of criteria.
• Assess and make recommendations on the viability of the asset's financials, capital improvements, rent rolls etc.
• Establish a network of vendors (brokers, inspectors, contractors etc) to help facilitate the acquisition.
• Review and negotiate contracts for acquisition (in conjunction with in-house legal team).
• Help identify possible roadblocks to closing in specific locations (city, county, state jurisdictions).
• Asset Management:
• Work with on-site property managers in locations with larger assets to maintain the building standards.
• Assess and make recommendations on the asset's rent rolls, CAMs, expenses, vendor agreements, leases.
• Develop an annual capital improvement budget for each asset.
• Work with in-house finance team to develop an annual business plan for each asset.
• Identify, obtain bids and recommend contractors to handle maintenance and capital improvements.
• In smaller locations, work with on-site employees to manage and lease available space directly with tenants.
• Work with existing facilities team in Spokane area to manage local assets.
• Construction Management:
• Identify contractors, architects and other vendors to handle tenant improvements and other capital improvements.
• Project management of construction projects (working with general contractors and sub-contractors).
• Define scope of work and construction standards with vendors.
• Manage relationships with tenants during construction.

Requirements:

• Exposure to each of the following areas: Asset Procurement, Asset Management, Construction Management.
• Project management skills such as time management, project budgeting, resource management and project scheduling for multiple projects.
• Ability to budget, schedule, negotiate, and control costs.
• High degree of familiarity with contract documents, terms, and conditions.
• Minimum 5 years experience in commercial real estate, including expertise in areas such as brokering, leasing, construction, or other relevant fields.
• Ability to work independently.
• Preferred: At least 3 years of experience in each of the following areas: Asset Procurement, Asset Management, Construction Management.
• Preferred: Strong leadership and management skills.
• Preferred: Experience working directly with stakeholders (i.e. officers/directors) and presenting solutions.
• Preferred: Experience managing assets remotely.
• Preferred: Relevant degree in Real Estate, Finance, Business, Management, Accounting, Economics, MBA, Law, or Communication.

You enjoy buildings done well. You find fulfillment in providing amazing offices for our employees and amazing spaces for tenants. You think it's cool that we buy our buildings for employees, but buy larger buildings and rent space out to run operation more efficiently. You understand how a building goes up from getting plans, permits, foundations, framing, finishing work, down to the final cleaning and logistics of moving operations in. You dig this… but you've reached a point in your career where you don't want to really get your fingers dirty making stuff happen and you would love a job where your collection of oddball skills comes together magically in a job description you feel was written just for you.