Port/Terminal/Railroad Real Estate Internship

3 weeks ago

Overland Park, United States Watco Companies L.L.C. Full time

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Description

The real estate intern will support the real estate team in the management of territories ensuring compliance with policies, operating procedures and agreement terms. The position will also have the opportunity to gain exposure to other departments within Watco including Industrial Development, Service Solutions, Sales, Logistics, Legal, Environmental, Operations, and Billing and Collections Teams.

Primary Accountabilities of the Position

  • Review land, track and building leases.

  • Assist real estate team with special research projects and portfolio audits.

  • Assist property manager in recognizing and resolving unauthorized uses of Watco property.

  • Assist property manager in managing past-due leases, following through to resolution with collection or lease termination.

  • Assist property manager in analyzing property values to ensure rents reflect market rates.

  • Strive to gain exposure in standard Real Estate principles and Watco’s organization.

Additional Duties and Responsibilities

  • Research and review maps and deeds relative to title questions and right-of-way boundaries.

  • Identify and understand property rights associated with leased and owned property.

  • Participate in weekly team calls to understand real estate issues and opportunities.

Education and Experience

The ideal candidate will have base-level knowledge in Real Estate and be enrolled in an undergraduate or graduate degree program in Business, Real Estate or Pre-Law.

Experience with the following software, applications and subscription services is a plus.

  • Microsoft Word, Excel, PowerPoint, Outlook, Dynamics

  • Real estate databases such as Costar

  • ESRI and GIS systems

Other Required Abilities

  • To organize, focus and prioritize

  • To read, analyze and interpret agreements, documents and regulations

  • To effectively present information and respond to questions from internal and external sources

  • To apply concepts such as fractions, percentages, ratios and proportions to practical situations

  • To solve practical problems with a variety of complex variables when sometimes only limited information exists

  • To interpret a variety of instructions in written, oral, diagram or schedule form

Work Environment

  • 90% office or hybrid home/office environment

  • 10% in the field supporting team and customers

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