Industrial Asset Manager

Job Description

Company Description DRA Advisors LLC is a New York-based registered investment advisor specializing in real estate investment management services for institutional and private investors, including pension funds, university endowments, sovereign wealth funds, foundations, and insurance companies. Since its founding in 1986, the firm has expanded with additional offices in Miami and San Francisco and has acquired approximately $44 billion of real estate across industrial, multifamily, retail, and office sectors. Its portfolio includes over 105 million square feet of industrial assets, 88,600 multifamily units, 95 million square feet of retail space, and 66 million square feet of office properties. As of March 31, 2026, DRA Advisors managed $13.2 billion in gross assets, offering professionals exposure to large-scale, diversified real estate investments. Team members benefit from working in a collaborative environment focused on disciplined investment strategies and long-term value creation.

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POSITION SUMMARY:

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DRA Advisors LLC is seeking an Industrial Asset Manager to strategically manage value-add industrial real estate investments. This role is responsible for executing property business plans, overseeing asset performance, and managing joint venture relationships to maximize property values and investment returns.

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ESSENTIAL DUTIES AND RESPONSIBILITIES:

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·      Execute property-level business plans through leasing, expense management, capital improvements, and select light development projects.

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·      Manage joint venture partner relationships and coordinate execution of business plans for the assigned portfolio.

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·      Oversee commercial property operations, leasing activity, financial reporting, and capital improvement projects in collaboration with internal teams and external partners.

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·      Partner with the acquisitions and dispositions teams throughout the investment lifecycle, including managing asset management due diligence for new acquisitions.

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·      Evaluate industrial market conditions and prepare market assessments for prospective acquisitions and existing investments.

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·      Provide ARGUS Enterprise modeling support and assess risks associated with prospective investments.

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·      Support asset dispositions, including preparing asset information and coordinating with relevant teams and partners.

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·      Coordinate internal and external teams to meet project milestones and business plan objectives.

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·      Assist in the preparation and review of quarterly internal presentation materials.

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·      Perform other related duties as assigned.

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The duties and responsibilities listed above are representative of the nature and levels of work assigned and are not necessarily all-inclusive.

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EDUCATION/EXPERIENCE

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·      7+ years of asset management experience within the industrial real estate sector.

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·      Experience managing commercial property operations, leasing, financial reporting, and capital improvement projects.

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·      Bachelor’s degree in real estate, finance, or a related field preferred.

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SKILLS/COMPETENCIES

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·      Strategic thinking with the ability to translate investment objectives into actionable business plans.

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·      Strong analytical, problem-solving, project management, and conflict resolution skills.

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·      Ability to prioritize competing demands, meet deadlines, and anticipate and address potential issues.

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·      Strong written, verbal, and presentation skills, including the ability to explain assumptions, findings, and recommendations clearly.

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·      Attention to detail and accuracy, with a collaborative approach to working across teams and organizational levels.

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·      Proficiency in Microsoft Excel, PowerPoint, Word, and ARGUS Enterprise; VTS experience preferred.

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TRAVEL:

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• ·      Approximately 25% travel is required.
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The base salary for this position may range from $175,000-$200,000 with eligibility for an annual discretionary bonus. Individual compensation varies based on job-related factors, including business needs, experience, level of responsibility and qualifications. DRA Advisors offers a competitive benefits package, 401k employer match, PTO, etc.