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Vice President of Operations and Asset Management

2 months ago

Austin, United States EXPANSIVE Full time

*Sponsorship is not available. Must be able to work in the U.S.


Single Bay Industrial is seeking a talented, experienced, and motivated real estate professional to help lead and grow its recently launched shallow bay industrial investment platform. This is an opportunity for an entrepreneurial, growth-minded professional to get in on the ground floor of a growth strategy with a group of proven platform builders.


The Company: Single Bay Industrial LLC (“SBI”) is a new venture from the executives of Expansive Workspace - the

largest owner-operator of coworking and flex office buildings in the US – focused on strategically acquiring and operating shallow bay industrial assets. The ownership team has raised over $1 Billion of debt and equity capital across its platforms and is a fully integrated real estate company with in-house acquisitions, asset management, development, property management, operations, and accounting teams. SBI and affiliate companies have offices in Austin, Dallas, Chicago, and Atlanta.


Position: Vice President of Operations & Asset Management


Job Description: This position will be responsible for delivering on financial performance objectives at SBI’s properties through the creation and execution of plans and budgets for marketing, leasing, asset management, and capital projects.


Manager: Matt Goebel, Principal & Director


Job Location: Expansive – Highland, 305 E Huntland Dr, Austin, TX. This is an in-person position with moderate travel

required (estimated 5-7 days per month)


Primary Duties:


• Track, analyze and report on KPI’s; make recommendations to increase revenue and NOI performance

• Own the development and execution of the marketing and leasing strategy for SBI properties

• Negotiate lease and renewal terms to achieve business objectives

• Oversee rent collections and implement systems to reduce delinquency

• Work with vendors & service providers to improve quality and reduce cost

• Ensure customer satisfaction through outreach, responsiveness, professionalism, and follow through

• Create dynamic cash flow forecasts with variance reporting and sensitivity analyses

• Prepare and lead a weekly meeting with the SBI Executive Team on performance and progress on key initiatives

• Ensure accuracy and accessibility of key data and software systems

• Draft reports, responses other communication to key external stakeholders


Compensation: starting base salary of $100,000/yr plus bonus, and opportunity for rapid salary growth and equity

participation.


Benefits: competitive healthcare plan, generous vacation policy, 401k matching, opportunity for advancement


Attributes: the following traits are needed in order to be successful in this position:


• Entrepreneurial mindset with an emphasis on marketing and sales

• Strong Excel skills and a passion for real estate finance and investing

• Ability to work cross-functionally and asynchronously with in-person and remote teams

• Excellent organization skills and discipline to stay focused on priorities among competing demands

• Highly resourceful with excellent written communication skills


Education & Experience: Bachelor’s degree or higher and 5+ years of relevant work experience with a demonstrable history of high achievement in academics, work, and community.


Contact: please submit a resume and cover letter to Matt Goebel at matt@expansive.com to be considered for this position.