Vice President, Logistics Asset Management

Ares Management Corporation•Oakbrook Terrace, IL
•$200,000 - $225,000

About The Position

The Vice President works within the Asset Management Group and assists in operating and reporting on a growing regional portfolio of logistics assets for Marq. The role partners with internal teams, third-party service providers, tenants, brokers, counsel, and joint venture partners to support asset operations and strategy. Responsibilities span leasing, budgeting, marketing, capital planning, acquisition due diligence, portfolio reporting, and tenant transitions. Domestic travel is required.

Requirements

  • Bachelor’s degree.
  • A team-oriented approach and strong verbal and written communication skills, with comfort working in a very entrepreneurial environment.
  • Demonstrated ability to effectively manage transactional details.
  • Ability to effectively manage internal and external relationships.
  • Ability to travel domestically.

Nice To Haves

  • 7–10 years of direct experience in asset management.
  • Leasing experience.
  • Demonstrated budgeting skills, including experience with Yardi and Excel applications.

Responsibilities

  • Serve as a key partner in the operation and management of regional industrial assets.
  • Conduct market research to identify trends, competitive properties, and leasing opportunities.
  • Negotiate lease terms and rental rates with prospective tenants.
  • Oversee third-party leasing teams, property management teams, and key vendor relationships.
  • Manage new and ongoing lease negotiations in coordination with third-party leasing teams and internal and external counsel.
  • Partner with Property Management and Construction Management to review capital plans, provide input on significant projects, and support make-ready scopes and execution.
  • Review post-acquisition and annual budgets for alignment with underwriting, leasing assumptions, marketing plans, and overall asset strategy.
  • Develop and execute leasing and marketing plans across the regional portfolio.
  • Support asset-level marketing with third-party leasing teams and brokers, including coordinating open houses and other initiatives and ensuring activities align with leasing objectives and asset strategy.
  • Support acquisition due diligence, including tenant interviews and estoppels, underwriting assumptions, capital needs, and third-party reports.
  • Review portfolio reporting for accuracy and timeliness, including third-party reports, lease information, and internal asset management reporting.
  • Support tenant move-ins, move-outs, and make-ready activities.
  • Partner with joint venture partners on asset strategy, providing oversight and input on leasing, significant capital projects, budgets, and dispositions.

Benefits

  • Comprehensive medical and prescription drug, dental, and vision plans.
  • 401(k) program with company match.
  • Flexible Savings Accounts (FSA) and Healthcare Savings Accounts (HSA) with company contribution.
  • Basic and voluntary life insurance.
  • Long-term and short-term disability insurance.
  • Employee Assistance Program (EAP).
  • Commuter benefits for parking and transit.
  • Access to a medical advisory team.
  • Mental health app with coaching, therapy, and psychiatry.
  • Mindfulness and wellbeing app.
  • Financial wellness benefit with access to a financial advisor.
  • New parent leave.
  • Reproductive and adoption assistance.
  • Emergency backup care.
  • Matching gift program.
  • Education sponsorship program.
  • Discretionary performance-based bonus.
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