Senior Asset Manager

LaSalle Investment Management

(Chicago, Illinois)

Full Time Travel Required

Job Posting Details

About LaSalle Investment Management

LaSalle is one of the world's leading investment managers. We are focused solely on one asset class: real estate. This enables us to fulfill our primary objective of delivering competitive investment performance, along with the highest levels of client service.

Responsibilities

**Objective of Role:**

LaSalle Investment Management is currently seeking a full-time industrial asset manager for LaSalle’s industrial development and existing investments. 
 
**Accountabilities:**

* Work closely with acquisitions officers in overseeing development partners with the development and lease-up of new spec buildings
* Develop and implement annual asset level strategic plans, including hold/sell analysis
* Lead the research, analysis, and execution of asset level strategic initiatives to drive value creation
* Engage and direct property managers in development of operating budgets including capital and leasing plans; Oversee property level operating activities
* Establish leasing objectives/guidelines and drive lease-up of new buildings and/or lease rollovers/expirations
* Monitor/track construction progress, budget, and cost over runs, along with approving any changing orders and construction draws
* Oversee and direct the completion quarterly valuations and cash flow forecasts
* Review of financial reports to monitor performance and achieve investment objectives
* Participate in Investment Committee and client presentations
* Prepare client quarterly reporting for assets
* Assist in economic underwriting and due diligence for acquisitions and transition of acquisitions to Asset Management
* Manage the disposition process for property sales

Objective of Role:

LaSalle Investment Management is currently seeking a full-time industrial asset manager for LaSalle’s industrial development and existing investments.

Accountabilities:

Work closely with acquisitions officers in overseeing development partners with the development and lease-up of new spec buildings
Develop and implement annual asset level strategic plans, including hold/sell analysis
Lead the research, analysis, and execution of asset level strategic initiatives to drive value creation
Engage and direct property managers in development of operating budgets including capital and leasing plans; Oversee property level operating activities
Establish leasing objectives/guidelines and drive lease-up of new buildings and/or lease rollovers/expirations
Monitor/track construction progress, budget, and cost over runs, along with approving any changing orders and construction draws
Oversee and direct the completion quarterly valuations and cash flow forecasts
Review of financial reports to monitor performance and achieve investment objectives
Participate in Investment Committee and client presentations
Prepare client quarterly reporting for assets
Assist in economic underwriting and due diligence for acquisitions and transition of acquisitions to Asset Management
Manage the disposition process for property sales

Ideal Candidate

Minimum 10+ years of commercial or investment real estate experience with 5+ years of Asset Management experience
Industrial development and leasing experience preferred
BA/BS degree required; MBA degree preferred
Network of existing relationships/contacts within the industrial field including other owners, developers, leasing agents, and investment sales brokers a plus
Interpersonal skills with an ability to interact with external and internal clients required
Strong written/verbal communication skills
Strong problem solving and quantitative skills
Ability to work well with others and manage/motivate junior staff; high level of energy, dedication and passion for the business
Ability to work well under pressure with multiple competing deadlines
Willingness to travel