Executive Director, Real Estate - Asset Manager, Industrials

Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and $2 trillion in assets under management or supervision as of June30,2026. Morgan Stanley Investment Management strives to provide outstanding long‑term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit

Morgan Stanley Real Estate Investing (“MSREI”) is the global private real estate investment management business of Morgan Stanley. One of the most active property investors in the world for over three decades, MSREI employs a patient, disciplined approach through global value‑add / opportunistic and regional core / core‑plus real estate investment strategies. With 17 offices throughout the U.S., Europe and Asia, regional teams of dedicated real estate professionals combine a unique global perspective with local presence and significant transaction execution expertise. MSREI currently manages $58billion of gross real estate assets worldwide on behalf of its clients. MSREI is seeking a highly experienced Executive Director of Asset Management to oversee a significant portion of MSREI’s industrial portfolio across its various fund strategies.

The Executive Director will assume responsibility for a strategically important, multi‑market industrial portfolio of approximately $3billion in Gross Asset Value (GAV); comprising roughly 70 assets totaling over 14.5million square feet and approximately 130 tenancies across six major U.S. markets. This role represents one of the business’s largest dedicated industrial asset management positions. A successful candidate will optimize portfolio performance by leveraging direct tenant relationships to drive leasing and retention, actively managing brokers to deliver leasing goals, and holding property management accountable for quality of operations. The role demands a highly organized, execution‑oriented asset manager with substantial hands‑on experience managing industrial assets. The ideal candidate is experienced working through the complex challenges that arise across a portfolio of this scale, overseeing capital improvement projects and repairs, and building and managing tenant relationships. Above all, this individual will drive accountability across internal and external stakeholders while maintaining a relentless focus on leasing performance and value creation.

What you’ll do in the role

• Develop and execute asset‑level business plans focused on maximizing value and operating performance.
• Drive portfolio performance through leasing execution, tenant retention, capital planning, and revenue optimization.
• Monitor asset performance against underwriting and investment objectives.
• Lead leasing strategy across approximately 3.5 million square feet of near‑term roll.
• Coordinate closely with leasing brokers to establish market strategy, pricing, marketing, and transaction execution.
• Negotiate lease agreements with tenants.
• Manage property managers, leasing professionals, construction managers, and third‑party service providers to ensure execution of business plans.
• Coordinate capital projects and repositioning initiatives where appropriate.
• Prepare and present investment recommendations and leasing approvals.
• Lead quarterly asset reviews and annual business planning.
• Monitor market fundamentals, competitive positioning, tenant demand, and valuation trends.
• Identify opportunities to enhance portfolio value through leasing, redevelopment, or disposition.

What you’ll bring to the role

• Bachelor of Arts or Bachelor of Science required.
• 10+ years of commercial real estate experience with significant industrial asset management responsibility.
• Proven experience leading leasing strategy for large industrial portfolios.
• Strong understanding of industrial market dynamics across multiple U.S. regions.
• Experience managing third‑party property managers and leasing brokers.
• Excellent financial analysis, valuation, and investment decision‑making skills.
• Ability to prioritize competing initiatives across numerous assets simultaneously.
• Strong communication and organizational leadership capabilities.

Who you are

• Operates with a strong sense of ethics and integrity in your interactions with others and decision making.
• Takes accountability and ownership in your work with a focus on long‑term value creation.
• Track record of fostering a culture of honesty, transparency and accountability within teams.
• Proven ability to collaborate across teams to deliver optimal solutions for clients.
• A passion for innovation, with a continuous improvement mindset to drive excellence.
• Respect for individual differences, with an openness to diverse perspectives.
• Engagement in community service, volunteering or corporate citizenship initiatives.
• Commitment to mentoring and supporting professional growth of others.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than80,000 employees in1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work‑life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste into your browser.

Expected base pay rates for the role will be between $200,000 and $300,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long‑term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross‑section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences. For more information, please visit: At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first‑class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading‑edge solutions—and in the ability of capital to work for the benefit of all society.