Assistant Vice President - Property Management

Alexandria Real Estate Equities, Inc; Austin (TX); On-site; USD 120,000 - 190,000; Full time

Benefits offered by this job

401(k) profit sharing

Paid time off

Parental leave

Wellness program

Mentoring & career development

Job summary

Alexandria Real Estate Equities, Inc. in Austin, TX is seeking an Assistant Vice President of Property Management. You will lead a team across Texas, manage budgets, and oversee capital and maintenance projects to minimize tenant disruption.

The role requires a bachelor’s degree and 10+ years in asset management, with strong communication and financial skills. A CPM is preferred; travel may be required.

Qualifications

• Bachelor’s degree required.
• 10+ years in asset/property management with hands-on operations.
• Experience managing lab/R&D or mission-critical facilities is preferred.
• CPM designation is a plus.
• Ability to travel as needed.

Responsibilities

• Oversee property management functions for assets in Texas.
• Direct third-party engineers and maintenance teams.
• Lead budgeting, financial reporting, and rent collections.
• Ensure capital and maintenance projects stay on time and budget.
• Foster tenant relationships and industry presence.

Skills

Yardi

Budgeting

Leadership

Communication

Project oversight

Education

Bachelor’s degree

Tools

Angus

Excel

Outlook

Project

Job description

Assistant Vice President - Property Management

Location Austin, TX

Job Function Asset Services

Employment Status Regular, Full-Time, Exempt

Essential Duties and Responsibilities:

Property Management:

• Perform property management functions to include, but not limited to, physical inspection of the property and tenant spaces at least once a month or as needed.
• Oversee the management of third-party building engineers.
• Perform accounting functions using the Company’s management control system, Yardi.
• Oversee and track that capital projects scheduled in the budget are completed on time and on budget.
• Oversee and track that routine annual/quarterly maintenance projects are completed on time and on budget within the management system, Angus.
• Manage and coordinate maintenance or capital improvement projects so that tenants experience a minimum of business interruption.
• Oversee, manage and/or perform other property management functions required of the position and assigned project(s).
• Manage a team of property management professionals across Texas.

Financial Reporting:

• Perform/prepare weekly, monthly, quarterly and annual reports in accordance with Company protocols and requirements.
• Prepare/participate in the development of the annual property operating budgets.
• Timely collections of monthly rents.
• Reconciliation of financial statements and ledgers.
• Reconciliation of operating expenses.

Tenant/Industry Relations:

• Respond quickly to tenant requests and questions on an as needed basis.
• Develop relationship with management and facility representatives for each client tenant.
• Participate in industry events to maintain and expand the Company’s presence in the science and technology communities.
• Ensure appropriate programs that are in place to optimize tenant relationships.

Property Operations /Tenant Improvement Support:

• Participate in property operations set-up to include, but not limited to, back-of-house operations, major building equipment commissioning and operations and engineering team oversight.
• Support tenant improvement projects to include, but not limited to, work letter administration, tenant plan review, architect and contractor engagement and management, budget and tenant improvement allowance monitoring and management and project close-out.
• Facilitate showings in newly developed buildings by working with the regional market leaders, construction and development services team, general contractor, sub-contractors, and leasing agent(s) to ensure that all operations support the strengths of the portfolio.
• As directed by the Company’s senior management, support tenant build-outs and mechanical and other major building system upgrades, including capital project oversight and implementation.

Qualifications and Experience:

• Bachelor’s degree required.
• At least 10 years of proven and documented success in the asset/property management industry with direct practical experience setting up operations, operating and managing sophisticated facilities. The ideal candidate has experience managing laboratory, R&D, advanced manufacturing, data intensive, or mission critical facilities, and is comfortable balancing long term asset strategy with hands on execution.
• Direct working experience for a real estate developer or owner/developer highly desired.
• Strong communication and people skills are required.
• Strong financial skills are required.
• CPM designation preferred.
• Ability to travel as necessary to meet project goals and objectives is required.
• Computer proficient skills with strong knowledge in spreadsheet preparation and working experience with all Microsoft Office Products, including but not limited to: Project, Excel, Word, Outlook, and with skills to learn proprietary software systems utilized by the Company.
• Experience in all phases of property operations, inclusive of asset and property management functions.
• Experience with complex, highly technical commercial building system applications, including building system commissioning experience and set-up strategies.
• Experience with tenant improvement projects ranging from build-out of building shell space, to modifications of built-out, space to demolition of and complete renovation of existing built-out space.
• Active in community and industry organizations.
• Able to work within a varying and flexible schedule to include obligations outside of regular business hours.
• Knowledge of key liability and legal issues in property management.

Alexandria wouldn’t be the company we are without our incredible people, and we are pleased to provide the following industry-leading and comprehensive benefits:

• 100% company-paid premiums (top-tier health, dental, and vision plan for you and your family)
• Generous 401(k) profit sharing plan
• Significant paid time off and holiday time
• Paid parental leave
• Generous rewards and recognitions
• Annual Company paid time off for volunteering
• Wellness and fitness incentives
• Mentoring and career development opportunities
• Life insurance, disability plans, and an Employee Assistance Program

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. With our founding in 1994, Alexandria pioneered the life science real estate niche. Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative Megacampus ecosystems in AAA life science innovation cluster locations, including Greater Boston, the San Francisco Bay Area, San Diego, Seattle, Maryland, Research Triangle, and New York City. Alexandria has a longstanding and proven track record of developing Class A/A+ properties clustered in highly dynamic and collaborative Megacampus environments that enhance our tenants' ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science companies through our venture capital platform, Alexandria Venture Investments. For more information, please visit www.are.com.

The Company is an equal opportunity employer and considers all qualified applicants without regard to any characteristic protected under applicable federal, state, and/or local law or ordinance, including, without limitation, race, color, religion, creed, sex, gender, gender identity, gender expression, pregnancy, childbirth, breastfeeding or related medical conditions, marital status, registered domestic partner status, family-care status, veteran status, military status, age, national origin or ancestry, physical or mental disability, medical condition, genetic information, or sexual orientation.