Real Estate and Asset Management Advisor

TravelCenters of America - Westlake, OH

Full-time - Mid Level

Westlake, OH

Administrative and Support Services

About the position

The Manager, Real Estate and Asset Management is a vital member of the Corporate Development team at TravelCenters of America. This role involves collaborating with various business units to validate and execute the company's real estate strategy, focusing on commercial real estate and asset management. The ideal candidate will manage the real estate portfolio, oversee lease negotiations, and ensure effective communication 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, working with legal to facilitate requests.
• Collaborate with internal business partners to validate real estate strategy including lease terminations, consolidations, expansions and renewals.
• Responsible for rental growth strategy and tenant management at all TA owned sites, including marketing available space and negotiating agreements.
• Effectively communicate expectations, requirements and status of deals to key business partners.
• Assist in the resolution of day to day issues and questions from various stakeholders.
• Provide relevant information for long term capital projects to ensure feasibility and timeliness of completion.
• Accountable for the day to day performance of the team, providing support, motivation, guidance and advice.
• Pro-actively develop effective internal and external working relationships.

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

• Competitive wages and annual bonus opportunity
• Medical, dental, vision and life insurance
• 401(k) with a company match
• Paid vacation and holidays
• Tuition reimbursement
• A wide variety of discounts on technology, travel, food and fuel
• Opportunity for growth and advancement with company paid training