City of Long Beach, CA
Long Beach, CA, United States
Mar 21, 2024
Full Time
DESCRIPTION THE PORT OF LONG BEACH IS SEEKING A MANAGER OF REAL ESTATE (This is an at-will position) Salary Range: $140,000 - $185,000 THE ROLE Under the supervision of the Director and Assistant Director, the Manager of Real Estate (Manager) is responsible for a minimum of two direct reports. The Manager will be a working manager and handle complicated real estate negotiations and projects. In addition, the Manager will manage and maintain data and reports to assist real estate staff with key market data. The Manager will oversee and assist leasing staff with managing their workload and anticipate necessary lease negotiations on a timely basis by managing the tickler system. This position will review revocable permits and other agreements on a regular basis to determine if updates are required. The Manager of Real Estate will train all new leasing staff on the roles, responsibilities and, Real Estate Division processes, including software programs, and any other related training needs. ABOUT US The Port of Long Beach, one of the world's busiest seaports, is an international gateway for the reliable, efficient, and sustainable movement of goods and is a leader in environmental stewardship. Credited with moving approximately $200 billion in trade, the Port serves as a critical hub for international commerce and is a major transportation center. East Asian trade accounts for the bulk of Long Beach shipments. Port-related international trade has a wide-ranging economic impact, supporting millions of jobs that benefit the region and the entire country. THE TEAM The Real Estate Division is responsible for managing the Port's real estate portfolio which includes asset management, property management, and acquisition of property, as well as implementation of environmental covenants into lease agreements. The Division supports the Port's Strategic Plan by optimizing and diversifying revenue streams to maintain financial strength, achieve operational excellence, maintain security of assets, and reduce environmental impacts from Port operations and development to support the Green Port Policy initiatives and meet the goals of the Clean Air Action Plan. To learn more about the Port of Long Beach, visit our website at www.polb.com . CANDIDATE CONNECT (INFORMATION SESSION) To learn more about this exciting career opportunity and the Port of Long Beach, please join our virtual information session on Tuesd ay , March 26, 2024, 5:00 PM PDT , via MS Teams. This is a unique opportunity to hear first-hand about the position, speak directly with hiring leaders, ask questions, and learn why the Port of Long Beach is your employer of choice! Candidates are not required to be on camera. To join audio only, call +1 323-451-1087 Phone Conference ID: 375 903 991# . Click here to join the meeting EXAMPLES OF DUTIES HOW YOU GET TO CONTRIBUTE Manages, trains, and oversees a minimum of two direct reports. Reports the status of projects and negotiations to the Director and Assistant Director on a regular basis. Implements systematic and periodic reviews of real estate agreements to ascertain conformance to current market rates, and achieve primary strategic goal of enhancing and diversifying revenue. Oversees and handles specialized lease and submarket analysis and maintains data and reports such as container terminal data; and works with the Port Commercial Appraiser to consolidate market data and disseminate the information to leasing staff. Conducts lease negotiations and transactions for land and facilities; renegotiates compensation on existing leases with Port tenants; maintains data on lease rates for comparable land and facilities; analyzes the financial qualifications of prospective tenants. Evaluates acquisition opportunities for Port growth and potential relocation sites due to Port projects. Coordinates with the City Attorney's office for any updates to the lease language. Responsible for lease tickler reports, and CRM data and ensures that lease expirations are addressed on a timely basis. Manages and oversees the Division Land Use Permits with all divisions in the Port Manages and oversees any external real estate inquiries as well as requests from other divisions in the Port. Manages the Available Land inventory and corresponding layer in Port Atlas and oversees the preparation of new drawings and exhibits. Supports staff with Pier B On-Dock Rail Project and other capital projects. Supports Director and Assistant Director in negotiating complex lease agreements for land and facilities; renegotiates compensation on existing leases with Port tenants; maintains data on lease rates for comparable land and facilities; analyzes the financial qualifications of prospective tenants. Researches, develops, manages, and monitors the activities of assigned leasehold properties and other real estate projects; participates in developing real estate program/project plans and budgets; implements asset management policies, real estate procedures and leasing guidelines; plans, organizes and implements work activities to meet the established real estate goals and objectives in alignment with the Port's Strategic Plan goals and objectives; ensures program/project compliance with all applicable laws, regulations and regulatory agency requirements. Drafts staff reports summarizing real estate actions requiring Board of Harbor Commissioners approval; submits reports for Board consideration. Administers leases; interacts with other Port divisions to define the language of the lease; interacts with tenants or their legal representatives; receives, investigates and recommends resolution of tenant or public complaints; reviews and inspects tenancies for compliance with lease agreements. Reviews and evaluates financial pro forma and other financial analyses; formulates development concepts; analyzes opportunities and constraints for real estate development scenarios on Port land; supports multiple stakeholders during development projects; reports on development progress/results. Acquires land and property for the Port through negotiations with property owners, brokers or agents or through the process of eminent domain. Prepares reports and coordinates the preparation of real estate documents with the City Attorney. Coordinates and responds to Public Records Requests that are directed to the Real Estate Division. Functions as Acting Division Director in the absence of Division Director and Assistant Director. Evaluates and compiles asset management information for use by the Real Estate Division and other divisions; coordinates asset management information with other Port divisions; performs other asset management functions as needed. Represents the Port in meetings with developers, contractors, consultants, and officials from other jurisdictions; responds to a variety of real estate inquiries from internal and external sources, Port/City departments and outside agencies/organizations. Responds to all inquiries that come through the division via phone calls, emails, referrals, the Communications website and from other divisions. Performs performance appraisals for direct reports. Assists with training and development of Port Leasing Sales Officers. Performs other duties and contributes to any real estate activities as requested. REQUIREMENTS TO FILE EDUCATION REQUIREMENTS A Bachelor's Degree is required, preferably in Business Administration, Finance, Real Estate, Public Administration or a related field. EXPERIENCE REQUIRMENTS A minimum of eight (8) years of professional experience involving commercial and/or industrial real estate asset management, real estate development or appraisal/acquisition/leasing of commercial/industrial property in a public agency or corporate environment is required. A minimum of three (3) years of supervisory experience is required. DESIRED QUALIFICATIONS California Real Estate license or California Broker license. Master's Degree, preferably in Business Administration, Finance, Real Estate, Public Administration or a related field. Prior management experience. Prior governmental or public sector experience. Real Estate acquisition and sales experience. Knowledge of right of way and relocation assistance. Knowledge of basic principles and practices of program/project planning, management and reporting. Knowledge of maritime, environmental, construction, government or engineering terminology. JOB KNOWLEDGE AND TECHNICAL SKILL REQUIREMENTS Broad knowledge of asset management principles/practices required. Broad knowledge of principles and tactics of negotiation required. Knowledge of principles, methods, practices and techniques involved in real estate development, real estate laws, property valuation, leasing, financial analysis and strategic asset management is required. Knowledge of real estate industry trends and local market conditions required. Knowledge of federal, state and local laws, regulations and court decisions applicable to asset management and the Port's real estate programs/projects required. Knowledge of principles and practices of public administration, including consultant contracting and maintenance of public records is required. Must be familiar with real estate terminology. Requires knowledge of principles and practices of sound business communication; correct English usage, including spelling, grammar and punctuation is essential. Must be able to collect, evaluate and interpret appropriate and applicable real estate data. Must be able to coordinate development and property management program activities with multiple stakeholders to ensure agreement and beneficial outcomes for the Port of Long Beach. Must be able to negotiate effectively across a wide range of real estate asset management functions. Ability to apply sound, creative problem-solving techniques to resolve difficult asset management and other issues required. Ability to understand, interpret, explain and apply laws, regulations, ordinances and policies applicable to assigned real estate programs required. SELECTION PROCEDURE To Apply: Please submit a cover letter , resume , and copy of degree as pdf attachments by, April 10, 2024, at 11:59 PM PDST . The Port reserves the right to extend the closing date without notice to accept additional applications. The first-round video interview window is Friday , A pril 12, 2024 through Friday, April 19, 2024 (virtual) and second round interviews are scheduled for Tuesday, May 7, 2024 and Wednesday, May 8, 2024 (in person ) . Candidates chosen to proceed with in-person interviews will have the opportunity to schedule their interview on one of the two dates. The successful candidate will be appointed shortly thereafter. References will be completed for finalist candidates; an employment offer is contingent on successful completion of a comprehensive background check. The Port reserves the right to extend the closing date without notice in order to accept additional applications. Individuals identified to be most qualified for the position will be invited to participate in the selection process. References will be completed for finalist candidates. For alternative format or accommodation requests, please contact Human Resources at (562) 283-7500. For technical issues with your online application, please contact Neogov support at (877) 204-4442. The Port of Long Beach is an Equal Opportunity Employer We do not discriminate based on race, religion, color, national origin, sexual orientation, gender, gender identity, gender expression, age, status as an individual with a disability or other applicable legally protected characteristics. The City of Long Beach will consider qualified applicants with a criminal history pursuant to the California Fair Chance Act. You are not required to disclose your criminal history or participate in a background check until you receive a conditional job offer. If the City of Long Beach has concerns about a conviction that is directly related to the job after making a conditional job offer and conducting a background check, you will have the opportunity to explain the circumstances surrounding the conviction, provide evidence to mitigate concerns, or challenge the accuracy of the background report. Find out more about the Fair Chance Act by visiting https://calcivilrights.ca.gov/fair-chance-act . BENEFITS The Port of Long Beach has established an annual salary range of $140,000-$185,000 (placement depends on qualifications). An attractive package of executive level benefits is also included with the opportunity of working in one of the most diverse and dynamic areas of the United States. The Port's generous benefits package includes: Auto Allowance - $550 per month upon approval by Executive Director. Executive Leave - 40 hours per year. Retirement - CalPERS 2% @ 62, coordinated with social security. Current member contribution is 8.00% for CalPERS, and 6.2% for social security, paid by the employee. Pay for Performance - Pay for Performance is awarded based on employee performance as demonstrated through achievement of individual goals, demonstration of required competencies, and available budget funds. Deferred Compensation - City match up to 2% of base salary for all qualified members that are contributing to the 457(b) plan. Group Health Insurance - Medical and dental options (HMO and PPO). Free vision coverage. Life Insurance - City-paid life insurance policy of $20,000 plus executive insurance benefit equal to three times annual salary up to a maximum of $500,000. Disability Insurance - City-paid short- and long-term disability insurance. Vacation - Vacation is accrued at 3.7 hours per pay period to begin, which is equivalent to two weeks on an annual basis. Vacation can be used after six months of service. Sick Leave - Accrued at 8 hours per month. Accruals may be converted upon retirement to cash credit toward health and /or dental insurance premiums or retirement service credits. Paid Parental Leave - After six (6) months of City employment, the City pays up to 30 consecutive days (160 hours) for eligible employees to take paid time to bond with child upon birth, adoption, or foster placement of a child, up to the age of 17. Holidays - 11 scheduled holidays per calendar year and four (4) personal holidays. Bereavement Leave - 5 days for death or critical illness of immediate family member. Education Reimbursement - Tuition reimbursement available for employees to obtain additional education or training. Annual Physical - Eligible to receive an annual physical examination at City expense through the City provided program. Public Student Loan Forgiveness - As the Harbor Department of the City of Long Beach, a governmental agency, the Port of Long Beach is a qualifying employer for the Public Student Loan Forgiveness (PSLF) program. 529 College Savings Plan - The ScholarShare529 plan is an account that allows employees to invest specifically for future education expenses through the Long Beach City Employees Federal Credit Union. Funds can be used from your 529 savings plan to send your grandkids, kids, or even yourself, to any accredited public or private U.S. college or university - or two-year technical or vocational institution. Closing Date/Time: 4/10/2024 11:59 PM Pacific