Description:
Management of end-to-end real estate transaction activities for complex or high-profile portfolio of properties on behalf of our corporate clients. This Chicago-based role manages internal and external resources and other stakeholders in the execution of lease renewals, new site acquisitions, disposal of excess space through subleasing, sale, and alternative transaction strategies.
We recognize that individuals from diverse backgrounds and experiences are important to creating unique client solutions.
Responsibilities and Qualifications include:
- Core competency in the ability to lead and direct real estate transactions from beginning to end including complex site selection, financial analysis, contract negotiations, zoning and entitlements, and site development. Both industrial and office experience required.
- Ability to incorporate clients’ business drivers, market intelligence and challenges to manage complex transactions and demonstrate value.
- Develops a wide range of considerations and relevant documents, including but not limited to project initiation forms (PIFs), market comparable reports, Broker Opinions of Value (BOVs), Requests for Proposals (RFPs), location comparison packages, letters of intent, and broker's opinions of value.
- Experience and ability to examine, analyze, and interpret complex financial assessments including NPV (net present value), cash flow projections and IRR (internal rate of return) to advise clients accordingly.
- Demonstrated skill in preparing, recommending, and implementing a portfolio-wide transaction strategy for acquiring and disposing of real estate properties
- The ideal candidate will have real estate development, business, finance and strategy experience that enables them to foster proactive engagement and develop innovative options for our clients.
- Capability to effectively interact with senior stakeholders in the clients’ organization (Finance, IT, Procurement, HR, Construction, Legal, Tax, etc)
Physical Requirements:
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions in accordance with the Americans with Disabilities Act.
NOTE: The job description is an overview of the functions and requirements for this position. This document is not intended to be an exhaustive list encompassing every duty and requirement of this position; supervisors may assign other duties as deemed necessary.
Cresa is committed to developing and maintaining a diverse workforce. Cresa strongly believes in equal opportunity extended to all individuals in all aspects of the employment relationship without regard to race, color, religion, belief, creed, age, sex, pregnancy or maternity (including childbirth and related conditions), family responsibility (e.g. child care, elder care), nationality, ethnic or national origin or ancestry, citizenship, marital status, civil partner status, sexual orientation, gender identity or expression, transgender status, veteran’s status, genetic information, political view or status as a qualified individual with a disability, protected leave status or any other protected characteristic in accordance with applicable law.
Job Type: Full-time
About Cresa Global, Inc.
Cresa is the world's largest commercial real estate advisory firm that exclusively represents occupiers and specializes in the delivery of fully integrated real estate solutions. Delivered across every industry, its services include Consulting, Facilities Management, Global Portfolio Solutions, Capital Markets / Strategies, Lease Administration, Location Strategy & Economic Development Incentives, Project Management, Transaction Management and Workplace Intelligence. With over 1000 employees in more than 80 offices globally, Cresa partners with occupiers everywhere. For more information, please visit cresa.com.
Requirements:
- Current Illinois Real Estate Broker License Required
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Associate/Bachelor’s Degree in Business, Finance, Economics and/or equivalent experience
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7-10 years of experience in real-estate transactions required