This position oversees the management of a large, complex, multi-tenant portfolio of properties. The person is based remotely across the United States and has direct responsibility for the integration of the company’s business practices, processes, and strategic plan. The Regional Manager is responsible for managing a team of General Managers and/or Property Managers, overseeing training, maintaining standardized procedures, and coordinating the transition of properties in and out of the portfolio. The person monitors and evaluates property managers’ performance with an emphasis on the highest return on investment and value creation.
1) Oversees the primary business functions for the properties within the assigned portfolio. This includes evaluating the properties’ financial planning and budgeting, ensuring lease compliance (includes GSA’s), and monitoring vendor contracts, construction and capital projects. (25% of Time)
2) Manages a team of General Managers and Property Managers within assigned portfolio by training and leading them to their defined goals and providing open communication and accountability in team meetings and evaluations. Ensures that their portfolio creates a positive team environment and the GM provides a consistent level of support to the property management team. Instills team building practices. (30% of Time)
3) Assists in acquisitions, dispositions, and asset management by representing the region in interdepartmental communications concerning due diligence, takeover, and delivery process. (10% of Time)
4) Travels to properties as needed to ensure quality and develop strong tenant relations. (10% of Time)
5) Responsible for the development and implementation of standard operating procedures to comply with regulatory public reporting and to maximize performance for the assigned portfolio. Collaborates with the Property Management team in determining best practices to develop both intradepartmental and interdepartmental procedures. (10% of Time)
6) Take on company initiatives, fully managing the process of working with a National vendor. This would include developing an RFP, comparing bids, presenting information to peers and supervisor, making vendor selection recommendation, contract management, and ongoing performance monitoring. (5% of Time)
7) Actively participates in industry-related organizations such as BOMA, and maintains connections with local business leaders, tax consultants, and brokers. Stays abreast of industry trends by representing the company at industry-related conferences. (5% of Time)
8) Completes other administrative tasks and reporting as required, such as approval of expense reports, timesheets, and check requests within budgetary signing authority, and ad hoc reporting as related to assigned portfolio. (5% of Time)
4-year degree or equivalent work experience.
RPA, CPM, or CCIM preferred.
Real estate license required and broker license preferred.
Minimum 10 years’ experience in commercial real estate preferred.
Proficient in Microsoft Office with advanced Excel skills.
Knowledgeable of MRI or other real estate accounting software.
Requires frequent movement and the ability to inspect all areas of the property including the roof and basement. Must be able to stand, sit, or walk for extended periods to greet tenants and vendors.
Routine physical presence is required at the office to provide general support and backup to co-workers and meet service needs of tenants.
Routine travel is required for the position up to 20% of the time.
About Piedmont Office Realty Trust, Inc.
Piedmont Office Realty Trust, Inc. (NYSE: PDM), a self-administered and self-managed real estate investment trust (REIT), is one of the nation’s largest publicly-traded owners of Class A office properties. Piedmont is focused on creating value for its shareholders through the acquisition, development, ownership and progressive management of premier properties in each of its eight target markets: Atlanta, Boston, Chicago, Dallas, Minneapolis, New York Metro, Orlando, and Washington D.C.