Real Estate Manager

Rain For Rent•Bakersfield, CA

69d•$120,000 - $150,000•Onsite

About The Position

Rain for Rent® is immediately seeking an experienced Real Estate Manager to support our portfolio expansion strategy and high volume of lease related transactions across the US and Canada (North America). The ideal candidate will have experience managing a large volume of leasing transactions with specific experience in Single Tenant industrial properties and industrial outside storage (IOS) assets. Technical knowledge, speed, adaptability, and a field-first mentality are paramount. The Real Estate Manager will report directly to our Rain for Rent® COO. What We Do At Rain for Rent®, we move water—every day. As the leading provider of temporary liquid handling solutions, we’re recognized for our systems engineering expertise, cost-effective problem solving, and the high value we deliver to organizations facing critical liquid management challenges. Our experienced teams, supported by skilled engineers, are continually redefining what customers expect from a liquid handling provider. We design innovative equipment and harness cutting-edge technology to meet the demands of the toughest environments. From water handling and irrigation to temporary liquid storage, our solutions consistently exceed customer expectations for quality and service. We are committed to completing every project safely, efficiently, on time—and done right the first time. To learn more about Rain for Rent please check out this short 2 minute YouTube video here. [https://www.youtube.com/watch?v=IfacXlPz9a8] Rain for Rent® employees take great pride in being part of a family-owned company with a rich and enduring legacy. Since 1934, we’ve delivered consistent, high-quality products and services to our customers. With more than 70 locations across the U.S., Canada, and the UK, Rain for Rent® remains committed to excellence. Honesty and integrity are at the core of everything we do. Our dedicated team strives to exceed expectations through exceptional service and unwavering quality. Through the years we have held steadfast by maintaining our values of hard work, honesty, integrity, commitment and good stewardship. Continual diversification and a willingness to change directions with our products and services have driven our success.

Requirements

Ability to lead, manage, and mentor cross-functional teams.
Strong interpersonal, management, and leadership skills.
Ability to interpret and communicate complex documents, contracts and leases.
Strong problem-solving skills, with the ability to analyze data and draw actionable conclusions.
Excellent mathematical skills for applying concepts such as algebra, percentages, variance analysis, and margins.
Ability to build strategic relationships: successfully partnering across varied functions and levels with internal stakeholders, external suppliers, agencies, and colleagues to drive results and influence change.
Strong experience in real estate, specifically corporate real estate.
Extensive knowledge in Contract Management, RFQs, RFPs, and vendor negotiations.
Advanced proficiency in Microsoft Office (Excel, Word, Outlook, etc.) and collaboration tools like Microsoft Teams and Zoom.
Bachelor's degree (B. A.) from four-year college or university in Business Administration, Real Estate, Finance, Economics, or a closely related field is required.
A minimum of five (5) years of corporate real estate transaction experience within a similar multi-site operating company or real estate services firm focused on a high velocity of annual transactions in multiple states/regions is required.
Demonstrated skills in the areas of lease and contract negotiations with specific experience in ground-up developments and Build to Suit (BTS) projects.
Ability to manage budgeted expenses and capital expenditures.
Working knowledge on crafting LOIs, understanding lease clauses and their impact to the organization from a legal/risk perspective and a lease administration perspective.
Working knowledge on standard real estate calculations and underwriting principles (i.e., amortizations/straight-lines, cap rates)
Proficiency with real estate principles as well as legal terminology and provisions in standard commercial leases
Exceptional ability to gather, analyze and present demographic and financial data in executive level reports.
Ability to discern and drive the best financial outcome, including assessment of lease options, and evaluation of relocation opportunities.
Ability to conduct multiple assignments concurrently and manage tight timelines.
Excellent planning, organization, and time management skills; Effective resource management and project management skills
Ability to travel extensively to meet business requirements.
Strong ability to identify and solve ambiguous problems.
Proven self-starter who sets aggressive goals and consistently gets results.
Proficiency with MS Excel, Word, and PowerPoint
Experience preparing requests for proposals on various services including property management, architecture, engineering.
Comfortable and effective presenter to Board of Directors, executives, and shareholders.
Continued focus on learning and growth within the RE industry, including conference participation and networking.

Nice To Haves

Master's degree or professional real estate certification preferred.
An equivalent combination of education and experience will be considered.

Responsibilities

Evaluate market strategy and lead site selection process for projects in assigned territory.
Manage high volume deal flow, negotiating leases, purchases, and build-to-suits under demanding time frames for Greenfields, in-fill growth, relocations, renewals, and other lease-related agreements.
Coordinate standard designs to meet company’s branding and business requirements.
Provide collaborative strategic planning and coordination to facilities maintenance function and development of deferred maintenance and reserves planning.
Work with internal and external legal counsel in preparing and reviewing real estate related legal documents, lease renewals, managing review, and execution in an efficient and timely manner.
Effectively communicate expectations, requirements, and status of deals to key business partners – both internal and external.
Develop and maintain strong working relationships with internal and external cross functional partners throughout the lifecycle of the real estate deal.
Ensure all deals flow through required approval processes.
Manage critical lease dates and portfolio strategy for assigned assets.
Provide real estate thought leadership to field leadership partners in assigned territory.
Exercise high level of critical thinking and problem solving when solutioning for branch operation needs as it pertains to Real Estate.
Foster relationships within the Real Estate development community (i.e., Landlords, Developers).
Maintain an evolving working knowledge of economic factors impacting industrial real estate with understanding of and experience preparing proforma financial forecasts and models
Develop quarterly and annual portfolio reviews and KPI reporting for executive leadership and Board reporting.
Direct broker-led site searches, market evaluations, financial analyses, and transaction negotiations.
Perform other duties as assigned in support of the operation.