Lease Portfolio Manager

Do you have a knack for communication and negotiation? Do you have experience in real estate or land acquisition? If so, Lamar Advertising of Detroit, MI has an amazing opportunity for you!

The purpose of the Real Estate Manager in Detroit, Michigan is to oversee all real estate-related functions and activities necessary to profitably secure, maintain, and grow the company’s real estate portfolio of leased and owned properties in a manner consistent with Lamar’s business practices.

Why Lamar?

Lamar is a certified  Great Place to Work , with 88%of employees in agreement. Lamar Advertising has also been named as a “Best Company to Work For” in U.S. News & World Report’s annual ranking.

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What you can expect from us:

• A Monday-Friday, 8:00am - 5:00 pm work schedule 
• 120 hours of paid time off (PTO) that increases with tenure
• 12 paid company holidays including Presidents Day and Juneteenth
• Career advancement opportunities
• Ongoing professional development and internal leadership programs to maximize your career potential
• Multiple medical plan options and health savings account
• Hospital, Accident, and Critical Illness coverage
• Dental and vision insurance
• Short and long-term disability and paid parental leave
• 401K plan with company match
• Up to $1,200 value in employer-paid HSA contributions and cash rewards for engaging in our wellness program
• A people-first culture that invests in connection, community involvement, and transparency around employee feedback

What we are looking for in YOU:

• Ability to know and understand the city and state codes/regulations (as applicable), related maps for all jurisdictions within the designated market area, and an understanding of the permitting and variance process for each jurisdiction.
• Must be able to work in a fast-paced environment, possessing the ability to juggle multiple competing tasks and demands while establishing priorities to meet deadlines.
• Must have strong computer skills in Microsoft Office (Word, Excel, PowerPoint, Adobe, etc.), web applications, and the ability to quickly and easily learn job-related computer programs.
• Work requires an excellent command of the English language to correspond and communicate on a one-to-one basis using appropriate vocabulary and grammar to obtain information, explain policies and procedures, and negotiate with lessors.
• Skill in speaking with persons of various social, cultural, economic, and educational backgrounds.
• Must possess attention to detail in composing, typing, and proofing materials
• Must have knowledge of basic Accounting skills and practices to ensure accurate payment distributions.
• Ability to operate within a set yearly budget.
• Ability to establish and maintain cooperative working relationships, both internally and externally.
• Ability to handle confidential information and situations.

Education & experience 

• Bachelor’s degree is required , preferably in business, real estate, or another related field.
  • In lieu of a bachelor’s degree, 7 years of experience in business, real estate, or another related field is preferred.
• 5 years of experience in business, real estate, or another related field is preferred with a degree.
• 3-5 years of experience in land acquisition, zoning, and land use planning is preferred
• A current and valid driver’s license is required.
• A real estate license is preferred
• Or other equivalent combination of education and experience.

A day in the life

• Responsible for using discretion, independent judgment, and own research and analysis to determine which real estate assets to add to Lamar’s portfolio and how to profitably maintain and grow Lamar’s real estate portfolio
• Responsible for monitoring, tracking, and analyzing critical operational data and dates associated with numerous land lease agreements, owned properties, and other real estate assets.
• Responsible for creating and maintaining an up-to-date market abstract by identifying areas for growth or relocation of existing assets through documentation and analysis of current zoning laws that meet the criteria for permitting as required by the appropriate jurisdiction.
• Responsible for monitoring competitor activity and permitting practices.
• Collaborate with local managers to conduct strategic data analysis using monthly, quarterly, and annual data reports and portfolio summaries to evaluate and ensure optimization and profitability of the real estate portfolio. This includes preparation and tracking of the annual real estate budget, along with continuously identifying and developing strategies to address underperforming assets.
• Responsible for strategic planning, development, and execution of the lease and/or purchase strategies through operational, financial, and organizational analyses.
• Develop and maintain productive professional relationships with landowners to facilitate desired agreements and serve in a lead capacity as the point of contact for negotiation and conflict resolution.
• Responsible for preparing, presenting, and negotiating agreements with landowners, their agents, or representatives for the purpose of securing new or existing real estate assets.
• Responsible for coordinating and overseeing the due diligence and purchase process for approved easement and land purchases.
• Responsible for entering, maintaining, and routinely auditing data, reports, and electronic files to ensure accurately
• Accounting, recordkeeping, and file management within various internal software applications.
• Establish, develop, and maintain productive and professional relationships with existing and potential landowners, and serve as the main point of contact for all real estate-related matters.
• Responsible for ensuring receipt, verification, and the timely processing of real estate tax invoices for company-owned real and personal property.
• Responsible for monitoring, tracking, calculating, and issuing monthly and/or annual percentage/overage payments and applicable Consumer Price Index (CPI) adjustments.
• Establish, develop and maintain a professional relationship with all key governmental officials and personnel vital to planning, zoning, permitting, and inspections.
• Responsible for maintaining an accurate record of state and local zoning ordinances and monitoring any proposed zoning applications or changes.
• Responsible for preparing, submitting, securing, renewing, and maintaining all applicable governmental approvals including, but not limited to, variances, construction, vegetation, and conditional use permits associated with new or existing sign sites.
• Serve as the primary contact and liaison between internal company departments and landowners to ensure continued access to the company’s signs and resolve any appearance or vegetation issues.

Physical demands & work environment

• The primary work environment for this position is an office however driving in the field is also required.
• The physical demands for this position include light lifting, seeing (with a focus on reading, acuity, depth perception, and peripheral vision), sitting more than 50% of the time, standing, stooping, talking, turning, and walking.
• Nights spent traveling, away from home, are less than 10%.

Founded in 1902, Lamar Advertising Company is one of the largest outdoor advertising companies in the world. With over 360,000 displays across the United States and Canada, Lamar is dedicated to helping both local businesses and national brands reach broad audiences every day.

We provide ad space through:

• Billboards
• Interstate logos
• Handpainted murals
• Transportation and airports
• The largest network of digital billboards in the United States

We live by the Golden Rule, and we operate with honesty and integrity in every aspect of our business. We are open with our employees, transparent with our customers, and loyal to the communities in which we serve. While Lamar is a large company, each office has its own culture and family atmosphere, making employees feel connected both locally and nationally.

We are committed to sustainable and environmentally friendly business practices and use a number of innovative strategies to reduce our environmental impact. Please click here to learn more about Lamar's green initiatives. 

Lamar is an EEO/AA employer including Individuals with Disabilities, Protected Veterans, and any other State or Federally protected characteristic.

Please note:   Lamar Advertising does not sponsor or take over sponsorship of a work visa. Only candidates with U.S. work authorization not requiring sponsorship will be considered for employment.

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Disability Self-Identification: When applying for a job with Lamar, you will be asked to voluntarily self-identify whether you have a disability. Please take a moment to watch this video for clarification on why we're asking for this information!

California Resident Disclaimer: California Residents - Lamar collects personal information in the ordinary course of considering job applicants. This information may include, for example, name, address, phone number and other contact information, employment history and reference contact information, and any other information provided by an applicant to Lamar. By submitting an application, you consent to the use or sharing of this personal information solely for the purpose of consideration for employment by Lamar. Lamar will not sell this information.

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