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Piedmont Realty Trust

Director, Asset Management

Piedmont Realty Trust, Atlanta, Georgia, United States, 30383

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Director, Asset Management

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Piedmont Realty Trust This role focuses on driving the financial and operational performance for a portfolio of 6-8 Class A office buildings (1.5-2.0 MSF). The primary responsibilities include developing and executing value-add strategies, negotiating leases, and building relationships with key market participants. The Director will partner with the Regional Head to underwrite potential acquisitions and developments. JOB REQUIREMENTS

7-10 years of commercial real estate experience; 5 years focused on asset management Ability to develop and deepen key business relationships Strong negotiation, verbal, and writing skills Advanced knowledge of financial analysis (NPV, IRR, lease comparison, ROI, DCF modeling, payback, financial statement analysis, etc.) Proficient in ARGUS Enterprise and Excel Physical requirements involve sitting to perform general office work at computer, and mobility between departments or office areas to facilitate work. Routine travel is required for the position up to 15% of the time. Experience in the Atlanta office markets preferred Relevant experience in office lease negotiations, property operations, development or construction a plus JOB RESPONSIBILITIES

Negotiate property-level contracts, including leases, licenses and, where applicable, third-party management and exclusive leasing listing agreements Proactively enhance property’s competitiveness; monitor local market conditions, anticipate trends and reposition property accordingly Prepare Investment Committee recommendations on large lease transactions Update Senior Management on leasing efforts, including both new leasing activity for vacant space as well as renewal activity on existing tenants Review and approve property budgets, including both projected leasing and building capital plans Work with Analyst to update ARGUS Enterprise models used for ongoing cash flow projections of portfolio Identify ‘Value Add’ strategies for properties in the portfolio Partner with Regional Head/Capital Markets to underwrite acquisition and development opportunities; assist in the disposition process as well Select and direct the transition of the property-level team (property manager, leasing agent, attorneys, and other third-party professionals) after acquisition Equal Opportunity Employer

This employer is an equal opportunity employer. For further information, please review the Know Your Rights notice from the Department of Labor.

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