Asset Manager - Industrial

DRA Advisors

Manhattan, NY

Salary Estimate: $200,000.00 - $224,999.00

Employment Type: Full Time

Work Place: Office

Experience Required: 10+ to 15 years

Education Required: 4 Year College

Job Description

 
Asset Manager - Industrial 
 
Company Description
DRA Advisors is a registered investment advisor specializing in real estate investment and management services for institutional and private investors. As of 12/31/25, our team has approximately $12.6 billion in assets under management. 

Founded in 1986, DRA has unlocked success for its clients by focusing on conservative, value-added real estate investments in the office, retail, multifamily, and industrial sectors within the United States. Since its inception, the firm has acquired approximately 2200 properties valued at approximately $43 billion. 
 
POSITION SUMMARY: 
The Industrial Asset Manager is responsible for strategically managing value-add industrial real estate investments to maximize property performance, asset values and investment returns.  
 
ESSENTIAL DUTIES AND RESPONSIBILITIES: 
  • Responsible for carrying out strategic goals at the property level through leasing, expense control and implementation/completion of capital improvements as well as completion of some light development projects.
  • Joint Venture structure-managing relationships while executing the business plan of the assigned portfolio. 
  • Work in conjunction with the acquisition and disposition departments during the life of the asset.
  • Manage due diligence processes on new acquisitions.
  • Master new markets as acquisition targets are identified by providing market assessments. 
  • Argus Enterprise modeling support and risk assessment for prospective investments. 
  • Support in the disposition process as asset managed projects are monetized.
  • Manage internal and external teams as needed.
  • Perform other duties and responsibilities as assigned.
The duties and responsibilities listed above are representative of the nature and levels of work assigned and are not necessarily all-inclusive.
 
EDUCATION/EXPERIENCE 
  • Bachelor’s degree in real estate, finance or related field is strongly desired.
  • 10+ years’ Asset Management experience within the industrial sector. 
  • Experience in managing commercial property operations, leasing, financial reporting and capital improvement projects.

SKILLS/COMPETENCIES
  •  Strong prioritization, communication and conflict resolution skills.
  • Strategic thinking with an ability to execute tactically.
  • Ability to work within tight timeframe's and meet strict deadlines. 
  • Demonstrated problem solving & project management skills. 
  • Team player who demonstrates the ability to collaborate with employees throughout all levels of the organization. 
  • Excellent written / verbal communication and presentation skills are essential to synthesize information, make assumptions, and present key findings, conclusions and recommendations.
  • Excellent attention to detail and accuracy along with ability to multitask and prioritize.
  • Ability to plan, anticipate potential problems and react nimbly.
  • Proficiency in Microsoft Office: Excel, PowerPoint and Word. & Argus Enterprise.  VTS experience is preferred. 
TRAVEL:  Involves approximately 25% travel
Position is located in New York City

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