Real Estate and Asset Management Advisor

TravelCenters of America - Westlake, OH

Full-time - Mid Level

Westlake, OH

1,001-5,000 employees

Administrative and Support Services

About the position

The Manager, Real Estate and Asset Management is a key member of the Corporate Development team at TravelCenters of America. This role involves engaging with various business units to validate and execute the company's real estate strategy. The ideal candidate will have a strong background in commercial real estate and asset management, focusing on portfolio management, lease negotiations, and collaboration with internal and external partners.

Responsibilities

• Own planning and execution of real estate portfolio management strategy including requirements gathering, financial analysis, lease negotiations/transactions and executive approval.
• Manage ongoing real estate matters such as lease expirations, renewals, condemnations, and various DOT projects.
• Act as a project manager for all DOT takings, easements, or condemnations.
• Collaborate with internal business partners to validate our real estate strategy including lease terminations, consolidations, expansions and renewals.
• Responsible for rental growth strategy and tenant management at all TA owned sites.
• Market available space, source leads, negotiate LOIs, agreements, and support the team with ongoing lease management.
• Effectively communicate expectations, requirements and status of deals to key business partners - both internal and external.
• Assist in the resolution of day to day issues and questions from landlords, AP/AR, business units, Account Managers, Controllership, Design & Delivery, Operations, and other stakeholders.
• Provide and support other departments with relevant information for long term capital projects to help ensure feasibility and timeliness of completion.
• Accountable for the day to day performance of the team, providing effective support, motivation, guidance and advice to maximize performance.
• Pro-actively develop effective internal and external working relationships to understand the needs of others and offer advice and solutions to improve ways of working.

Requirements

• Bachelor's degree; Advanced degree or MBA is preferred.
• 4+ years of real estate and asset management experience preferred.
• Exceptional analytical and quantitative problem solving skills.
• Initiative taker, willing to break down barriers and create opportunities.

Benefits

• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Opportunities for advancement
• Paid holidays
• Paid training