Philadelphia, PA
Salary Estimate: $120,000.00 - $180,000.00
Employment Type: Full Time
Work Place: Office
Experience Required: 7+ to 10 years
Education Required: 4 Year College
Job Description
- Own and execute comprehensive business plans for assigned office assets.
- Continuously evaluate asset positioning, market dynamics, and competitive set to inform strategy.
- Identify risks and opportunities early and drive proactive solutions.
- Own annual operating and capital budgets, forecasts, and variance analysis.
- Drive NOI growth through disciplined expense management and revenue optimization.
- Maintain institutional-quality financial models and valuations to support decision-making.
- Partner with leasing brokers to develop and execute aggressive office leasing strategies aligned with asset objectives.
- Participate directly in lease negotiations, renewals, expansions, and restructures.
- Serve as a senior point of contact for key tenants and lead tenant retention strategies through space solutions, capital investment, and service enhancements.
- Lead planning and execution of all capital initiatives, including base-building improvements, infrastructure upgrades, spec suites, tenant fit-outs and amenity enhancements.
- Underwrite capital investments with clear ROI, leasing impact, and strategic rationale.
- Ensure projects are delivered on time, on budget, and to institutional standards.
- Oversee and evolve the tenant experience, including amenities, programming, and shared services.
- Ensure amenities and services enhance leasing, retention, and asset value — not just operating costs.
- Evaluate and implement ancillary revenue opportunities and alternative income streams.
- Provide strategic oversight of third-party property management teams, holding them accountable to performance standards and KPIs.
- Ensure compliance with regulatory, safety, and fiduciary requirements.
- Engage constructively with community stakeholders and municipalities where appropriate to support asset objectives.
- Deliver clear, concise, and insightful reporting to senior leadership and capital partners.
- Support refinancing, recapitalization, and disposition efforts through data integrity, analysis, and execution support.
- Maintain disciplined governance, documentation, and approval processes.
- Bachelor’s degree in Real Estate, Finance, Business, or related field.
- 7+ years of commercial real estate experience with meaningful office asset management responsibility.
- Strong financial modeling, budgeting, and valuation capabilities (Excel, ARGUS).
- Demonstrated experience leading capital projects, leasing strategy, and tenant negotiations.
- Excellent communication skills and sound judgment.
- This is not a passive oversight or reporting role.
- This is not a property management position focused on day-to-day execution without strategic accountability.
- This is not a role for someone who escalates problems without first owning solutions.
- This is not a short-term, transaction-only mindset — asset stewardship and long-term value creation matter.
- This is not a place for siloed thinking; collaboration and accountability are non-negotiable.
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