Asset Manager

Job Description

\n

\n

Industrial Senior Asset Manager Needed – Industrial Real Estate Portfolio

\n

Hybrid role – 3 days in office in Miami, 2 days remote

\n

\n

Role:

\n

Leasing and Revenue Growth

\n

\n
• Direct third-party leasing teams to drive new leases, renewals, and occupancy across your portfolio.
\n
• Evaluate vacant suites and plan make-ready and spec suite programs, including scope, cost, timing, and target tenant profile, to improve marketability and reduce downtime.
\n
• Set deal parameters and negotiate LOIs, RFPs, leases, and amendments in coordination with local brokerage teams.
\n
• Analyze transaction economics, including rent, TI/LC exposure, downtime, and tenant credit, and recommend deal terms.
\n
• Develop annual leasing assumptions and monitor market conditions, including rental rates, concessions, supply, absorption, and leasing velocity.
\n

\n

Financial Performance and Business Planning

\n

\n
• Own quarterly asset performance analysis, including financial results, budget-to-actual variances, rent rolls, occupancy, accounts receivable, and performance against the business plan and acquisition proforma.
\n
• Review annual operating and capital budgets submitted by property management against the asset proforma and drive the budget process to completion; prepare quarterly reforecasts, cash projections, and capital funding requirements.
\n
• Analyze operating expenses and recoveries, including CAM/NNN reconciliations and third-party property tax appeals, to identify savings opportunities and recovery leakage.
\n
• Present asset performance, forecasts, and key issues in quarterly portfolio and distribution meetings with the executive team.
\n

\n

Capital, Risk, and Asset Execution

\n

\n
• Evaluate capital expenditures and partner with construction management on tenant buildouts, project scopes, budgets, and delivery against lease obligations.
\n
• Assess tenant credit, monitor at-risk tenants, and develop workout strategies when needed.
\n
• Review loan requirements related to leasing, lender approvals, and reserves, and coordinate approval requests with the finance team.
\n
• Develop action plans with property management for underperforming assets and conduct periodic site visits to evaluate asset condition and execution.
\n

\n

\n

Ideal candidate will have:

\n

\n
• 3–6 years of commercial real estate experience in asset management, leasing, or property operations.
\n
• Strong financial analysis skills, including lease economics, budgeting, and cash flow forecasting.
\n
• Working knowledge of multi-tenant light industrial, flex, or business park operations.
\n
• Proficiency in Yardi Voyager and advanced Excel.
\n
• Bachelor's degree in real estate, finance, or a related field.
\n
• Ability to travel approximately 10%.
\n

\n

Preferred

\n

\n
• Experience with Yardi Deal Manager, VTS or other comparable leasing and asset management platforms.
\n
• Demonstrated ability to improve reporting, systems, or operating processes.
\n

\n

\n

\n

\n