Commercial Real Estate Manager

Location: Boonton, NJ

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Job Posted:
Jul 29, 2024
Company:
TerrAscend

Company & Role Overview

Summary

TerrAscend

Where you'll be planted:

All benefits-eligible employees are provided the following benefits:

  • Employee Discount (all employees eligible)
  • Paid-Time-Off (varies by State, please ask your Recruiter for more info)
  • Health, vision, and dental insurance
  • 98Point6 (remote primary care)
  • 401k with 4% matching (100% vested immediately)
  • Employee Assistance Program
  • Paid Parental Leave
  • Life Insurance
  • Short & Long Term Disability
  • Flexible Spending Account
  • Wellness Program

To be blunt, this person will:

  • Strategic Property Management: Oversee the management and strategic planning of TerrAscend's real estate portfolio, site assessments, lease negotiations, and property acquisitions.
  • Lease Administration: Manage all aspects of lease administration, ensuring compliance with lease terms and conditions. Handle renewals, terminations, and negotiations.
  • Property Maintenance: Coordinate and manage property maintenance and repairs, ensuring all locations meet company standards and local regulations.
  • Financial Oversight: Develop and manage budgets for all properties, including operating expenses, capital expenditures, and revenue forecasts. Conduct financial analysis and reporting on property performance.
  • Vendor Management: Establish and maintain relationships with landlords, vendors, contractors, and service providers. Negotiate contracts and ensure quality service delivery.
  • Compliance and Risk Management: Ensure all properties comply with local, state, and federal regulations, including zoning laws and cannabis-specific regulations. Manage risk by maintaining proper insurance coverage and addressing safety concerns promptly.
  • Expansion and Development: Work closely with the executive team on new store development and expansion plans. Conduct market research and feasibility studies to identify growth opportunities.
  • Stakeholder Collaboration: Collaborate with internal teams including legal, finance, operations, and retail to support business objectives and ensure seamless property operations.
  • Reporting and Analysis: Prepare regular reports on property status, property conditions, and lease renewal reports for senior management review.

What We're High On... We value diverse skillsets, talents, and experiences. To be successful in this role, we know you'll need:

  • Bachelor's degree in Business Administration, Real Estate, Finance, or a related field is preferred.
  • Minimum of 5 years of experience in real estate management, preferably within the retail or cannabis industry.
  • Strong knowledge of real estate law, lease negotiations, and property management.
  • Excellent organizational and time management skills with the ability to manage multiple projects in a fast-paced environment.
  • Exceptional communication and interpersonal skills with a strong customer service orientation.
  • Proficiency in Microsoft Office Suite and property management software.
  • Ability to travel as required.

Benefits (Full-Time Employees eligible):

  • Employee Discount (all employees eligible)
  • Paid Time Off
  • Health, vision, and dental insurance (with telehealth option)
  • 401k with 4% company matching (100% vested immediately)
  • Employee Assistance Program
  • Paid Parental Leave
  • Life Insurance
  • Short & Long Term Disability

*** Background Check Requirement ***

EEO Statement

Disclaimer

This organization participates in E-Verify.

Esta Organización Participa en E-Verify.

Statement on External Recruiting Agencies

Working Environment

(No Information)