Job Details

Overview

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 areas: Asset Procurement, Asset Management and Construction Management.

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

Wage

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

Benefits

• 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
• Up to 6% company matching 401(k) with no vesting period
• Quarterly allowance
  • Use to improve remote work setup, continuing education, or small office perks
• Open concept office with friendly coworkers
• Creative environment where you can make a difference
• Trail Mix Bar

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 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 building standards and operations.
• Assess and make recommendations on the asset's rent rolls, CAMs, expenses, vendor agreements, and 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.
• Coordinate with the facilities team in Spokane 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 Asset Procurement, Asset Management, Construction Management
• Project management skills including time management, project budgeting, resource management and 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 (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 understand how a building goes up from plans through permits, foundations, framing, finishing work, and final cleaning. You're excited by this work but are seeking a role where your diverse skills come together in a position that leverages your strengths without requiring hands-on field execution.