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Asset Manager at Digital Realty

Posted in Other 30+ days ago.

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Location: Chicago, Illinois





Job Description:
Opportunity Snapshot (Chicago Preferred but open to Dallas and SF)

The Asset Manager role offers you the opportunity to expand your skills and experience in multiple areas, including client management, analysis, and the thriving data center asset class within the commercial real estate industry. You will manage tenant relationships at multiple properties where you will provide analytical insights to support business decisions.. You'll be actively involved not only in renewals and expanding business, but also in negotiating new leases and proposals, and overseeing the master planning process of new and existing data centers.

You will collaborate with various teams across disciplines including operations, finance, sustainability, legal, engineering and sales to problem solve and maximize the return of your assigned portfolio of properties. You will work closely with our Design & Construction team throughout the life cycle of our development projects while providing valuable insight and direction from a business perspective to meet tenant timelines and delivery schedules. The properties you will manage and development projects you will oversee are highly visible and your success in this role may set you up to pursue multiple career paths within our organization.

The Role

You will join a team that includes other Asset Managers, Assistant Asset Managers and Portfolio Analysts. You will invest the largest part of your time in managing relationships with the tenants, structuring new deals, drafting investment committee memorandums, attending construction meetings and providing ad hoc reports to upper management. You'll take ownership of the properties in the region while working to manage the bottom line of your assigned portfolio.

You will take a more proactive approach with customer relationships, reaching out to each customer well in advance of the renewal, ensuring they are satisfied with our services and engaging with them to explore expansion and renewal opportunities. In addition, just as important, you will provide analytical expertise for the Acquisition and Property Operations teams regarding market activity, leasing, re-development, capital improvements, and property and technical operations expenditures for these sites. For development projects, you will represent the company as the primary stake holder: Prioritizing business goals, being a problem solver and adding value to the development process as necessary. You will also provide accurate financial reporting and forecasting for your portfolio of properties and assist with various special projects and complex analyses.

The Requirements

To be a good fit for this opportunity you will have:
  • A bachelor's degree; and an MBA or CPA (highly desired).
  • 3-5 years of experience in real estate/asset management; commercial leasing; including analysis, sales / customer management, construction management and positioning / marketing assets on a competitive basis within the market. Experience working through entitlement development, master planning and construction oversight in an ownership / strategic capacity.
  • An outgoing and engaging personality with the ability to develop and maintain strong relationships with customers.
  • An entrepreneurial spirit, goal orientation and a strong sense of ownership.
  • Proficiency with MS Office, including Excel, Word, etc.
  • Strong organizational and time management skills, including the ability to manage multiple activities and priorities effectively.
  • A professional and articulate presence and comfort interacting with senior executives.
  • A high level of commitment to customer service for both co-workers and clients.
  • Excellent verbal and written communications skills.
  • Analytical skills; including the following:
    • Comprehending, analyzing, and interpreting financial statements, budgets and financial forecast models, title and legal documentation conveying title, insurance certificates and riders, mortgage and portfolio debt instruments, construction specifications, plans and contracts.
    • Analyzing the financial impact of capital allocation decisions, and thinking creatively in regards to maximizing returns.
    • Summarizing property and financial performance through evaluation of various data sources including operations and capital expenditures, financial forecasting, job cost accounting, project budgeting, variance analysis and expense reconciliations.
    • Acquiring and applying knowledge of applicable laws and ordinances affecting ownership, leasing, financing and operation of real estate.
  • Proficient to intermediate knowledge of construction specifications, technical drawings, construction methodology and construction scheduling techniques
  • The ability to effectively respond, verbally or in writing, to sensitive issues, complex inquiries or complaints.
  • The ability to make effective presentations and respond to questions from internal and external stakeholders, clients, customers and the general public.


You'll oversee a portfolio of properties and are expected to travel about two to three days a month(approximately 10-20% travel).

Digital Realty: Where the cloud lives and business thrives

We built the global standard for technical real estate, developing a unique capability to acquire, manage, and scale data center campuses. Now, Digital Realty is building a unique ecosystem of open solutions that power customer growth through exceptional service on a foundation of unrivaled data center expertise. The new Digital Realty combines unparalleled data center services, carrier-dense interconnection, real estate acumen, and financial strength to create unique power of choice and value when and where our customers need it.

Our Mission

To provide our customers with the trusted foundation for the digital world.

Our Vision

To build a network of connected campuses and internet gateways that become the heart of the internet and cloud, powering growth and prosperity for customers, employees and shareholders.

Our Values

Guide our decisions and actions every day-above all else, we value customers, excellence, talent, teamwork and success.

About Digital Realty

Digital Realty Trust, Inc. supports the data center and colocation strategies of more than 2,000 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia. Digital Realty's clients include companies of all sizes, ranging from financial services, cloud and information technology services, to manufacturing, energy, gaming, life sciences and consumer products.

Disclaimer:

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.