Commercial Real Estate Development Associate

2 weeks ago

Bethesda, Maryland, United States Transwestern Full time
About the Role

We are seeking a highly motivated and detail-oriented Commercial Real Estate Development Associate to join our team at Transwestern. As a key member of our commercial real estate services team, you will be responsible for assisting in the development of business opportunities, generating leads, cultivating client relationships, and managing and closing commercial real estate transactions.

Key Responsibilities
  • Work with senior brokers to assist in calls and business development activities through prospecting, networking, relationship building, marketing, and client presentations.
  • Provide clients with pertinent information on leasing availability, current market conditions, and financial analyses to assist in the decision-making process. Accompany prospective clients to property tours to discuss property features, leasing rates, and terms.
  • Compile property data for clients, such as summary reports, maps, status updates, and industry/market-specific information.
  • Prepare Request for Proposals (RFP) and review RFP responses.
  • Analyze data and prepare real estate reports on average asking rents, tenants in the market, historical data, and market comparisons.
  • Report and update senior brokers on potential deals being generated, issues/concerns, and next steps.
  • Participate in contract negotiations and due diligence.
  • Draft correspondence to existing and prospective clients.
  • Gather, prepare, and distribute marketing materials.
  • Engage in the local community and charitable events, as well as industry and professional associations for the purpose of creating new contacts and generating new business.
  • Maintain client list and deals within the company's CRM system.
Requirements
  • A bachelor's degree with emphasis in real estate, accounting, finance, or a related field.
  • A real estate license within the state and maintained in good standing throughout employment.
  • A minimum of 0-2 years of real estate or related experience preferred (preferably in a brokerage or other service capacity).
  • Internship experience in commercial real estate a plus.
  • Advanced proficiency with Microsoft Word, Excel, and Adobe.
  • Knowledge of CoStar and other related CRE listing software a plus.
  • Ability to comprehend, analyze, and interpret documents.
  • Ability to effectively present information.
  • Aptitude for sales prospecting through a variety of techniques including telephone and in-person.
  • Ability to provide general direction/be self-managed/work independently.
  • Ability to provide efficient, timely, reliable, and courteous service to internal and external clients.
  • Ability to keep information and internal communications confidential.
  • Exhibit excellent verbal and written communication skills.
  • Travel may be required.

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