Industrial Real Estate Asset Manager

Our client is a privately held commercial real estate investment and development firm specializing in the acquisition, development, and management of high-quality real estate assets across the United States. They have a diverse portfolio including stabilized income-producing properties as well as ground-up developments across multiple asset classes, including office, industrial, multifamily, retail, and mixed-use.

The firm’s mission is to create long-term value through disciplined investment, hands‑on asset management, and strategic development execution. The firm is a team‑oriented, entrepreneurial organization that blends institutional discipline with the agility of a boutique platform.

The Asset Manager will play a key role in overseeing the performance and execution of both stabilized assets and development projects within the firm’s growing portfolio. This position requires a unique blend of financial acumen, operational oversight, and project management skills to ensure assets and developments achieve targeted returns and strategic objectives. The current investment portfolio is heavily weighted to industrial at this time but can shift into various asset classes based on market dynamics and given flexibility to invest across all asset types and all markets.

The ideal candidate brings experience managing commercial real estate assets throughout the investment lifecycle — from acquisition and construction through stabilization and disposition — and can collaborate effectively across internal teams and external partners.

• Execute business plans for each asset, including operational strategies, leasing initiatives, and capital projects. Monitor and report on asset performance versus budget, pro forma, and key financial KPIs (e.g., NOI, IRR, cash‑on‑cash).
• Identify and implement value‑enhancing opportunities including rent growth, expense reduction, or redevelopment potential.
• Lead quarterly and annual asset reviews, including internal and investor reporting.
• Evaluate refinancing, recapitalization, and disposition opportunities.
• Track and lead project progress from permitting through completion and stabilization.
• Monitor construction budgets, schedules, and cost‑to‑complete projections to ensure renovation, LL make‑ready and tenant improvement projects remain on time and within budget.
• Evaluate lease‑up and absorption projections; coordinate with leasing and marketing teams on strategy execution.
• Participate in draw reviews, loan compliance, and investor reporting for active renovations as it relates to lender earnout funds.

• Partner with internal and external leasing teams to manage lease‑up, renewals, and expansions.
• Negotiate lease terms in coordination with legal and leasing teams to maximize returns while meeting market conditions.
• Analyze lease structures, market comps, and tenant mix to maximize long‑term asset value.
• Conduct market research to support asset strategy and acquisition underwriting.
• Provide input on new acquisitions and development opportunities, including due diligence and pro forma modeling.
• Build and maintain strong relationships with tenants and address tenant concerns efficiently.

• Develop and manage capital expenditure budgets for maintenance, upgrades, and tenant improvements of existing assets.
• Oversee execution of capital projects, ensuring they are completed on time and within budget.
• Prepare and present asset‑level financial reports to senior management and investors.
• Review monthly operating reports, conduct variance analysis, and ensure data accuracy.
• Support annual budgeting and reforecasting processes for the assigned portfolio.
• Contribute to hold/sell analyses and support transaction execution processes.
• Maintain and update valuation models.

• Ensure compliance with lease agreements, regulatory requirements, and company policies.
• Collaborate with property managers to manage risk, insurance claims, and environmental compliance.
• Work closely with the acquisitions, property management, and accounting teams to ensure strategic alignment across projects.
• Lead…