Manage real estate acquisition, renewal and disposition strategies for a medium-to-high complexity portfolio. Conduct market research, due diligence, negotiations, stakeholder management, documentation preparation and maintain lease transaction records. Deliver cost-reduction approaches, execute transactions to meet critical dates and client objectives, and collaborate with clients, brokers and landlords to meet service delivery obligations.
SUMMARY
The Transaction Manager is responsible for developing and executing real estate acquisition, renewal and disposition strategies for assigned portfolio of properties in accordance to the terms and conditions of the client master service agreement.
At this position level:
- Portfolios are typically medium to high complexity and volume
KEY DUTIES & RESPONSIBILITIES
- Understands clients’ objectives, business drivers and needs in order to develop and recommend real estate acquisition, renewal and/or disposition strategies that meets the clients’ needs and optimizes the value delivered to the client
- Conducts analysis and develops business cases to support recommendations
- Executes real estate acquisition, renewal and disposition strategies
- Develops, recommends and executes approaches to reduce occupancy costs
- Performs all aspects of real estate acquisition, renewal and disposition activities including but not limited to:
- Managing all relationships including client, landlord and broker. Acts as primary interface for all transactions matters
- Researching and recommending real estate properties that align with the client’s real estate strategy and needs
- Performing market research to understand real estate market trends
- Conducting due diligence reviews
- Marketing surplus properties for disposal
- Conducting property tours
- Conducting related analysis and preparing reports
- Executing renewal and disposition activities according to critical dates, and ensuring that disposition-related recoveries and targets are achieved
- Conducting all related negotiations
- Coordinating and/or undertaking the preparation of all related documentations and information including but not limited to market information packages, offers to lease, letters of intent, etc.
- Reviewing and negotiating related documentations such as offers to lease, renewal agreements, letters of intent, etc.
- Ensuring accurate and complete maintenance of all lease transactions documentations
- Collaborates with relevant stakeholders to ensure all service delivery obligations are met and executed in accordance to all requirements
- Develops and maintains effective relationships with all relevant stakeholders including but not limited to clients, brokers, landlords and real estate industry professionals
- Maintains current awareness of industry practices and trends
- Other duties as assigned
KNOWLEDGE & SKILLS
- Community college diploma preferably in business administration
- Minimum 5 years of real estate transactions work experience preferably in the industrial sector.
- Advanced real estate acquisition, renewal and disposition strategy development and execution skills
- Skilled at persuading, influencing and negotiating to achieve desired outcomes
- Highly advanced relationship management skills and ability to develop and manage relationships with multiple stakeholders
- Highly advanced real estate transactions-related documentations development, application and interpretation skills
- Highly advanced analytical skills to identify optimum real estate cost structures, pricing and value for the client
- Strong market research skills along with current knowledge of market trends and conditions
- Current knowledge of industry practices, trends and requirements
- Knowledge of real estate legislative requirements for assigned province
- English is required because you will be dealing with English-speaking customers as part of your job.
Licenses and/or Professional Accreditation
- Real Estate License for Quebec (required).
This is a regular, full-time position with a salary range of $100,000 - $110,000 per annum. The starting salary will be based on the successful candidate’s competencies, including but not limited to experience, education, professional designations and performance related to this role.
#LI-Hybrid
At BGIS we believe that diversity and inclusion is a key business driver, such that we never lose sight of its importance as it is woven into the fabric if our organization. We are committed to maintaining a barrier-free recruitment process by providing equal employment opportunities through recruiting and retention of individuals of all backgrounds. We recognize that promoting diversity is an essential component of our continuing pursuit for organizational success!
BGIS is an equal opportunity employer, and we welcome you to apply for a position with us! If you require accommodation during the recruitment process, please contact us at [email protected]. Upon request for accommodation, we will consult with the applicant in question and provide, or arrange for the provision of, a suitable accommodation in a manner that takes into account the applicant's accessibility needs due to disability.
BGIS Montréal, Québec, CAN Office
Montréal, Canada
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