Primary responsibility for identifying, selecting and acquiring multi-tenant retail properties and development opportunities within the Eastern half of the US. This requires detailed knowledge of market drivers, economic trends, leases and operating expenses. A specific emphasis will be on redevelopment/repositioning opportunities.
Assist with financial analysis and asset underwriting to determine asset values, asset upside and key risk factors.
Assist with property due diligence to fully understand the risks and opportunities of final acquisition candidate properties.
Establishing Strong Market Presence:
Represent Company as a “best practices” real estate investor in each market targeted market.
Develop detailed market knowledge and nurture relationships with key real estate brokers in various markets via face to face meetings and phone calls.
Establish and maintain Company’s reputation for integrity, strength, outstanding performance and overall excellence.
Be the expert on specific markets – know the details regarding rents, trends, sales comps, major owners, etc.
Provide feedback on these markets – macro trends, corporate drivers/exposures, depth/type of competition, intensity of competition, probability of winning.
Management's Definition of Success for an Outstanding Performer:
Be visible in the marketplace and ensure that all deals in that market are being seen. Be creative in sourcing deals – find them before others do!
An opportunistic professional with creativity, initiative, and the problem-solving ability to be an integral member of the leadership team.
A polished, articulate, and savvy investment professional that will represent the Company in the marketplace in a first-class manner. Capable of promoting Company as a premier real estate investment firm.
An individual who is organized, detail-oriented, has a sense of urgency and constantly asks, "How can we improve, be the best in the business, remain ahead of the competition and how can I best support this organization?"
Flexible, with the ability to work as a team player.
Be a hands-on individual who has a "roll up your sleeves", can-do attitude, superb people skills, and professional discipline.
Ability to juggle multiple tasks, self-motivate & maintain composure in a fast-paced work environment
A results-oriented attention to setting goals and getting things done – not merely delegating to others.
Having a good sense of humor is also a desired quality.
A demonstrated track record of acquiring existing value-add multi-tenant retail properties.
Experience in underwriting real estate markets and knowledge of demand generators, common real estate practices and building systems and operations.
Diversified real estate experience including acquisitions, asset underwriting & management, property management and/or development. Thorough understanding of factors impacting investment potential.
Effective verbal, written, and presentation skills.
Willingness to travel.
Experience with retail tenants and tenant broker relationships desirable.
About Poline Associates
Poline Associates is an international executive search firm specializing in the shopping center industry.
We serve property owners, developers, retailers and service providers who are seeking remarkable talent and work to align them with candidates who are eager for new growth opportunities. Since 1979, our team has been connecting companies and candidates with a commitment to integrity and client satisfaction—making us the industry’s most trusted leader in recruitment.