Real Estate Manager Job at Armstrong Group, Scottsdale, AZ

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  • Armstrong Group
  • Scottsdale, AZ

Job Description

Are you a self-driven leader that enjoys the challenge of leading projects while exceeding personal and professional goals. Do you like working for a family-owned Company that is a leader in each of our respective industries and allows you the opportunity to contribute to our success?

If you answered "yes," then apply now for your opportunity to join a remarkable organization where personal and career goals are realized.

What our employees enjoy
  • Competitive pay with annual increases
  • Benefit eligibility on your first day with low employee premiums that are far better than the industry average
  • You'll have access to a number of career developmental resources to grow personally and professionally
  • Generous paid time off and holidays

Job Highlights

The Real Estate Manager has bottom-line profit and loss responsibility for project conceptualization, planning, permitting, market and financial analysis, retail leasing, interface with design and construction teams to successfully develop or re-develop real estate.

What You'll Do

You'll do a lot of great things in this role and have the opportunity to expand into other areas, but the key responsibilities you can expect to perform on a regular basis include:
  • Participate in the identification, feasibility analysis and negotiation of real estate acquisitions to include budget and pro-forma review
  • Preparation of strategy for target tenants and markets for successful projects, which includes financial investment analysis
  • Source property acquisition opportunities and participate in conceptual planning of development
  • Prepare and direct internal requests for authorization of capital investment and expenditures to initiate development, prepare investment committee packages and investment committee package support
  • Direct activities and interact with attorneys, architects, engineers, and other consultants to plan projects related entitlements, site permits, acquisition due diligence and closing activities
  • Work with ADPI team and local citizen groups, governmental bodies and other interested parties to obtain necessary project permits and entitlements
  • Review and analyze tenant leases and financials
  • Coordinate with the Development Team responsible for the construction of projects, coordination of designers and consultants and general contractor, etc
  • Monitor and assure timely completion of the investment and development within the established budget, schedule and required investment returns
  • Initiate, plan and manage the marketing and leasing plan for development/investment opportunities, including all aspects of marketing materials and promotion, broker relations and supervision of listing agents (as applicable) to broadly expose property, anticipate competition, and secure lease prospects
  • Pursue prospective tenants for leasing of available retail space and other non- hospitality project components and negotiate letters of intent and lease agreements directly with tenants to ensure the achievement of stated development and investment goals
  • Understand and negotiate all aspects of lease agreements to determine the impact of each lease on the value of each development/investment

What Sets You Apart

We have high expectations of our employees and want you to be a major contributor to our success. What we need from you is:

  • Minimum of 2 years of hands-on real estate experience in the retail development industry.
  • Series of accomplishments which indicate increased responsibility and demonstrated performance in development experience including knowledge of pro-formas, site design, construction, and leasing.
  • Ability to analyze asset value and realized or quantified profitability
  • Bachelor's Degree in engineering, construction, real estate, architecture, business, and/or finance required
  • Must possess strong financial analysis skills
  • Highly effective communication, presentation and listening abilities are essential for navigating company investment/development opportunities
  • Must have robust interpersonal skills, social intelligence and political acumen
  • Ability to set personal and project priorities and be highly organized in day-to-day and longer term planning and execution, and track and maintain complex schedules effectively.
  • Leadership and the ability to mentor and extract the highest potential from supporting personnel and outside vendors and consultants
  • Sophisticated research skills required to collect and analyze market information, aggressively compete against retail developers for increased market share, establish facts and interpret information in order to draw conclusions, prepare and defend recommendations to the leadership team
  • Ability to travel up to 40% of time for site visits, strategic market analysis, trade shows and government meetings.

Who is Armstrong Development?

Founded in 1984, Armstrong Development Properties is an award-winning developer of retail properties. With a strong team of experienced associates, our goal is to ensure that our clients, tenants and partners reach their real estate goals.

As a market leader in the development of commercial retail across the United States, we are passionate about building profitable environments and delivering consummate customer service. We invest in quality buildings, and put our clients' needs first.

Our specialties are in build-to-suit retail projects, pre-leased multi-tenant centers, and anchored shopping centers. We offer a range of services that include commercial development, construction management, and property management, providing real estate solutions on both a local and national scale.

Armstrong Development is an Equal Opportunity Employer.

Who We Are
The Armstrong Group is a family owned and operated collection of diverse companies. What began in 1946 as Armstrong County Line Construction, founded by Jud L. Sedwick in Kittanning, PA, has now grown into an organization that encompasses multiple industries and employs over 2,400 individuals nationwide. Our brands include Armstrong Utilities, Guardian Protection, Armstrong Development, 4Front Solutions, Twin Pops, and Armstrong Comfort Solutions.


Armstrong is an Equal Opportunity Employer.

Job Tags

Holiday work, For contractors, Local area,

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