Job Information
Huntington National Bank Real Estate Portfolio Manager in Charlotte, North Carolina
Description
Summary:
The Real Estate Manager will initially be responsible for building out the retail portfolio in given markets. With a heavy emphasis on securing locations within the North Carolina market. Ongoing this position will manage an existing portfolio of bank owned/leased & occupied real estate properties including retail, office, bank tenants and ATM sites within assigned market. Additionally, assist with building out other markets as assigned for the retail and corporate lines of business as needed – interact with regional leadership as requested. Duties & Responsibilities:
Focus efforts on securing bank branch site locations, identifying and negotiating deals.
Market excess space either direct or through broker as needed and serve as main POC for tenant relationships within assigned markets and resolve any issues that arise Perform financial analysis on all transactions, adhere to budge constraints and participate in forecasting expenses with lease administration.
Negotiate lease terminations as required.
For leased properties, responsible for executing renewals against expiration dates both direct with landlords or through a broker, reviewing and resolving any property issues and negotiation of terms with the landlord, and helping to enforce the requirements of the lease as they benefit Huntington.
For owned properties, assist to resolve any issues relative to easements or miscellaneous issues that arise. Assist Lease Administrator in collection of past dues rents and other charges from 3rd party tenants.
Other duties as assigned
Other: Travel is potentially up to 50% of time as needed. Travel will be within the North/South Carolina states. Assisting with other states may be required as needed.
Must be located in the Charlotte, North Carolina area as this is a hybrid position.
Basic Qualifications:
5 or more years of experience with managing a commercial real estate portfolio which includes leased, and owned properties. (not residential or apartment complex real estate)
5 years of negotiating commercial real estate deals
Bachelor's Degree
Preferred Qualifications:
Must be able to prepare and edit LOIs and work with legal to review and edit leases and purchase agreements.
Must possess and demonstrate strong communication (written and oral) and negotiating skills
Proven track record in the commercial real estate area with at least 5 to 7 years’ experience, firm working knowledge, understanding and interpretation of commercial lease terminology and all legal document language
Must understand how to assess a market and perform site searches for retail opportunities
Should be able to read surveys, understand title work and closing packages as well as all legal documents pertaining to a property closing and understand and apply general commercial real estate terminology
#LI-Hybrid
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Workplace Type:
Hybrid
Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.
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