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Search Results: 212 Jobs
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Asset Manager
Scout Cold Logistics
Coral Gables, Florida
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Scout Cold Logistics
Coral Gables, Florida
Featured! Featured! NEW! NEW!
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Featured! Featured! NEW! NEW!
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Asset Manager
Scout Cold Logistics
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Details
Posted: 16-Apr-25
Location: Coral Gables, Florida
Type: Full Time
Categories:
Asset/Property/Facility Management
Industrial
Salary Details:
Competitive - based on experience
Preferred Education:
4 Year Degree
Additional Information:
2 openings available.
JOB TITLE: Asset Manager
DIRECT REPORT: VP, Asset Management
LOCATION: Denver, CO or Coral Gables, FL
OPENINGS: Two (2)
COMPANY SUMMARY
Scout Cold Logistics is a real estate investment and development firm dedicated to cold warehousing infrastructure. The company invests in cold storage logistics and food production facilities throughout the United States. The company deploys capital through its dedicated investment fund. Scout is headquartered in Coral Gables, FL.
JOB PROFILE SUMMARY
The
Asset Manager's primary responsibility is to lead and direct the asset management function for a portfolio of cold storage industrial properties across the U.S. The role reports directly to the Vice President ("VP") of Asset Management to support them in executing an industry-leading asset management approach for Scout's industrial portfolio. The Asset Manager will oversee all facets of property operations, manage positive tenant relationships, and strive to maximize value for a portfolio of assets. This position will interact extensively with third party property services providers and vendors, along with Scout team members across Acquisition, Development, Legal, Accounting, and Finance. Travel to assigned locations on a regular basis is required.
ESSENTIAL FUNCTIONS
- Develop, implement, and monitor property level strategic business plans for each of the assigned portfolio assets, focused on value creation opportunities in coordination with the development and third-party leasing teams.
- Lead the leasing activities for vacancies in assigned portfolio. Responsibilities include hiring and working with 3rd party brokers, leading the financial and credit analysis to recommend lease terms for internal approval, and negotiating with potential customers. Additionally, the Asset Manager will work with the Scout construction team to define costs and implement tenant improvement obligations
- Work with the Development and 3rd party Leasing teams to assist in the process to identify, develop, and implement value-added strategies concerning existing assets. Strategies may include but are not limited to renovations relating to repositioning and lease-up, and assessment of expansion development options.
- Work in collaboration with Scout’s Engineering team to prepare analysis of capital programs that are required to maintain property performance and projects that enhance return on investment. Prepare ROI analysis and present financial analysis to Executive Leadership.
- Risk Management is a critical component of the role requiring consistent on-site engagement with tenants, PM staff, and contractors to evaluate areas of risk related to physical structure, market conditions, tenant concerns which could lead to unintended vacancy and to identify opportunities for areas of improvement.
- Fluency with each assets market including knowledge of competitor product, new development, lease rates (dry and cold), vacancy rates, property sales, working with Scout lease team and FP&A to gather and assess the information to manage risk and identify opportunities.
- Assist with investment committee reports and acquisition due diligence.
- Oversee management of property operations for assets, including developing solid relationships through sound leadership with property managers and other onsite staff.
- Manage the reporting process for the assigned portfolio of assets (business plans and monthly and quarterly reports) in an efficient and timely manner and as a means of improving performance.
- Supervise, train, and motivate property managers, in Scout’s asset management philosophy.
- Conduct regular site visits to review the status of capital improvement projects, expense approvals, personnel issues, and meet with tenants to direct changes to maximize asset performance.
- Maintain an understanding of architectural plans and contracts, engineering studies, and schedules.
- Work with Scout's FP&A team on the efficient and timely completion of quarterly and annual asset valuations and provide context for the asset to be able to support and provide insightful operating recommendations regularly.
- Oversee general property level analysis functions (i.e., PM contracts, RFPs, construction, and vendor agreements).
- Work with Scout’s Acquisition, Leasing and FP&A teams on market research projects to continually assess each asset's position in a respective market from a leasing perspective and all underlying factors that may influence it.
EDUCATION & EXPERIENCE
- Bachelor’s degree from four-year College or University
- 7-10 years of asset management or related experience, including extensive lease and capital markets analysis, business plan creation & implementation and budgetary responsibilities.
SKILLS & COMPETENCIES
- Solid mathematical skills required, including the ability to create, manage and analyze budgets, project accounting, and reports.
- Ability to listen to customers and partners, define problems, collect data, establish facts, and draw valid conclusions and solve problems.
- Proficiency in Microsoft Word, Excel, Outlook, Argus and Yardi is required.
- Strong problem solving and customer service skills are required.
- The ability to work independently, meet deadlines and juggle multiple projects in an entrepreneurial, high stress environment.
- Excellent communications skills, flexibility and detail-orientation with the ability to see and understand the big picture.
- Accountability, dependability, integrity and can-do attitude are keys to success in this position.
COMPENSATION
Competitive - based on experience
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About Scout Cold Logistics
Scout is a cold storage investment company with a national network that provides best-in-class perishable storage and food production environments. Founded: 2021 Company size: 11-50 employees Headquarters: 2655 LeJeune Road, P2E, Coral Gables, Florida 33134, US
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