Real Estate Manager na Northwest Seaport Alliance

About the Department

Anticipated hiring range is $113,129 - $133,092 depending on qualifications

Under the direction of the Sr. Director, NWSA Real Estate, this position is primarily responsible for implementing aspects of leasing, lease development and property/lease management of Alliance properties that are necessary to the success of the Northwest Seaport Alliance (NWSA/Alliance). This is a property management position including leasing, lease development and management of alliance properties. This position will have responsibilities in both the North Harbor (Seattle) and the South Harbor (Tacoma).

Position Duties

• Act as central point of contact for assigned properties, tenants, and customers throughout the term of the lease. This includes initial contact, lease negotiations, tenant financial analyst, development and drafting of final lease documents and other related documents (e.g., licenses, hold harmless, and use agreements).
• Serve as point of contact for tenant and customer concerns and questions with the ability to address basic term lease questions and other property management issues. Collaborate with internal resources (e.g., legal, finance, real estate, accounting, project management, environmental, and engineering) in order to pursue business opportunities and to maximize asset utilization to create value, revenue, and profit. Assist in maximizing net operating income by managing expenses, negotiating agreements that include the appropriate allocation of responsibility (NWSA v. tenant) for facility and equipment maintenance, and developing cost containment/reduction strategy recommendations. Develop and manage annual lease revenue and expense budgets and long-range forecasts in coordination with the Finance department. Analyze and evaluate property appraisals and reports.
• Manage existing assigned Alliance properties on an ongoing basis. Facilitate discussions with stakeholders (tenants, staff, public, and governmental agencies) to resolve issues and to retain existing tenant base. Oversee Tenant Improvement Projects and/or Port construction projects by acting as a project manager when assigned. Responsible for interpreting lease provisions including those relating to maintenance/repair responsibility and work as a liaison between tenants and homeport maintenance to resolve disputes. Meet and communicate regularly with Alliance staff to ensure all rents are current, billing disputes, and late payments are handled per policy. Ensure default notices and unlawful detainer notices are processed when necessary.
• Work with the Sr. Director, NWSA Real Estate, to make Commission presentations for new leases, lease renewals, or lease amendments. Collaborate with Public Affairs staff on special events, public inquiries, and concerns related to assigned portfolio.
• Under the direction of the Sr. Director, NWSA Real Estate, work with local City and County staff on property agreements, including street vacations, utility easements, and street use agreements.
• Attend regular meetings with Business Development, Operations, and Environmental staff to share information, streamline processes, resolve tenant issues, evaluate the impact to tenants, and coordinate communications and reduce impacts to terminal operators or tenants.

Minimum Qualifications

Bachelor’s degree in business, real estate, or a related field required. An additional four (4) years of relevant experience may substitute for a bachelor’s degree. 

Five (5) years of experience in commercial or industrial real estate leasing and property management or commercial real estate development is required. Experience involving Real Estate transactional experience related to the maritime business is preferred.

Other Qualifications