Senior Manager of Real Estate
$120k - $170kTroutman Pepper
Senior Manager Of Real Estate
We are always seeking talented, motivated, growth-minded, and creative individuals. Our firm is committed to providing employee support and advancement, while embracing inclusion and innovation as keys to a stronger future.
We invite you to explore the position below and to submit your application to join our team!
The Senior Manager of Real Estate is responsible for supporting the effective management of the firm's real estate portfolio, including the acquisition, development, management, and disposition of properties. The Senior Manager of Real Estate will support all aspects of leasing, buildouts, and relocations, including partnering with local office teams; coordinating project budgets; and managing architects, general contractors, and vendors. The Senior Manager of Real Estate is responsible for financial management and ongoing compliance with all relevant regulations, as well as supporting strategic planning for the firm's real estate portfolio. The Senior Manager of Real Estate will collaborate closely with senior management to align real estate strategies with the firm's overall business objectives.
Essential Responsibilities:
- Support the Director in development of the firm's real estate strategy and ensure effective implementation of the strategy to support business goals. Identify opportunities for property acquisition, development, and disposition.
- Operationalize firmwide real estate goals (e.g., ~600 RSF per attorney) and market-specific leasing strategies; translate these into selection criteria, broker instructions, and negotiation targets for each search.
- Maintain the firm's lease critical-dates calendar (e.g., renewals, terminations, expansion/contraction/giveback options, notice windows) and drive decision-making; identify and execute sublease and disposition strategies for vacated or underutilized space, including broker engagement, marketing, landlord consent, subtenant negotiations, and coordination of billing/collections.
- Oversee the management of the firm's real estate assets, including office spaces, leased properties, and owned properties, with responsibility for lease administration, landlord relationships, and alignment to operational and workplace standards. Partner with Facilities to ensure properties are maintained to high standards and meet the firm's operational needs.
- Partner with the Director and Finance on annual budget development for all real estate-related expenses. Oversee the ongoing management of the real estate operating budget in close collaboration with Accounting/Finance, ensuring cost-effective use of resources.
- Oversee rent payment and reconciliation (e.g., base rent, escalations, CAM/OpEx) and administer subtenant billing and collections. Monitor financial performance of real estate assets and implement corrective actions as needed.
- Negotiate and manage leases for office spaces and other properties. Ensure compliance with lease terms and manage lease renewals and terminations.
- Ensure all real estate activities comply with local, state, and federal regulations. Stay updated on changes in real estate laws and regulations.
- Build and maintain relationships with internal and external stakeholders, including landlords, local office management, brokers, and regulatory bodies. Represent the firm at industry events and meetings.
- Identify and mitigate risks associated with real estate transactions and property management. Develop and implement risk management strategies.
- Prepare and present regular reports on the real estate portfolio's performance to senior management. Provide insights and recommendations based on market trends and financial analysis.
- Maintain strict confidentiality of all firm-related information.
Required Knowledge, Skills, and Abilities:
- Strong strategic planning and financial management skills.
- Exceptional negotiation and contract management abilities.
- Proficiency in real estate management software and tools.
- Exceptional written and verbal communication skills.
- Strong client service orientation.
- Excellent analytical and problem-solving abilities; capable of identifying issues, developing creative and effective solutions, and resolving conflict through acceptable and practical business solutions.
- Combination of strategic thinking and leadership, as well as the willingness and ability to participate "hands on" when required.
- Committed to high standards of excellence and proven results.
- High level of integrity and professionalism; proven track record in gaining trust and credibility and partnering collaboratively with leaders.
- Ability to relate to individuals at all levels, internally and externally and build productive relationships; ability to work independently and collaboratively as part of a team.
- Sense of urgency and the ability to prioritize and change priorities when necessary while remaining composed and providing leadership and guidance.
- High level of energy and professionalism with well-developed interpersonal strengths.
- Ability to balance multiple priorities, remain composed under pressure, and adapt to shifting demands.
- Strong commitment to client service, ethical conduct, and firm values.
Required Education:
- Bachelor's degree in Real Estate or Finance or any combination of training, education and experience that demonstrates the ability to perform the duties of the position.
Preferred Education:
- MBA preferred.
Certification(s):
- N/A
Required Qualifications:
- Minimum seven (7) years of experience in real estate management with a proven track record of managing large portfolios and development projects.
- Experience in the real estate transaction process, including hiring brokers, the LOI and leasing process, and subleasing.
Preferred Qualifications:
- Experience in a leadership role within a professional services environment preferred.
Compensation is dependent on several factors, such as position, location, market, education, training, and/or experience.
Hiring Salary Range:
$120,000.00 - $170,000.00
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