Date Posted: 09/28/2023

Contact:

Contact email: careers@akridge.com

Description:

Portfolio Manager

September 2023

Akridge is a full-service commercial real estate company and a prominent investor and developer in the Washington, DC and North Carolina regions. We invest in, develop, and manage commercial real estate, from office buildings to mixed-use space. Since our founding in 1974, Akridge has acquired, developed, or entitled over 14 million square feet of commercial real estate and land. We believe in transforming the landscape of our nation’s capital through places that make working more productive, playing more delightful, and living in our city more harmonious. Akridge is committed to sustainable development and operating practices, and has been recognized as an Energy Star Top Performer and Energy Star Partner of the Year. Some of Akridge’s most notable projects include the 1 million square foot Gallery Place, the internationally recognized Homer Building, and the 3 million square foot Burnham Place air rights development project at Union Station. Akridge is proud to invest, build, and operate properties that provide lasting value for our investors, quality work environments for our Clients, and vibrant neighborhoods for our community. Our fully integrated platform allows us to enhance a property’s value throughout every stage of development and operations. We acquire and develop properties that generate consistent and strong, above-market returns for our investment partners. Our developments become destinations that attract high-quality Clients and make neighborhoods more desirable. Our comprehensive real estate knowledge and experience enables us to create smart investment strategies that respond to market opportunities. Our operating and development expertise gives us an unparalleled ability to execute these strategies and deliver exceptional results. Akridge invests like an operator, and operates like an investor.

PRIMARY PURPOSE OF POSITION
Portfolio managers are responsible for the overall management and first-class operation for a number of Akridge property management assignments. The assignments may be commercial office, retail, and/or association management. Their primary obligation is to provide outstanding customer service and expert property management services to Clients, investors, and vendors through professional property management and financial management techniques. Additionally, portfolio managers are leaders in the property management department. Their function includes the training and development of property management staff and leading special projects and initiatives as assigned by the Director of Property Management.

ESSENTIAL FUNCTIONS
Building Operations

• Conduct all interactions with staff, vendors, and Clients in a first-class manner, achieving outstanding customer service at all times.
• Maintain properties in a first-class manner.
• Procure and manage all service contracts including janitorial, security, elevator maintenance, etc. in conformance with management agreements, lease agreements, Akridge standards, and industry standards.
• Conduct building inspections on a regular basis. Spend time on-site at the properties in accordance with the unique requirements relating to those properties.
• Implement and recommend capital improvements and emergency repairs as needed.
• Ensure the timely completion of Client requests, coordinating with the Akridge Building Service Department or outside contractors as needed. Depending upon the composition of the team, close certain work orders in the work order system.
• Create a team atmosphere and support the development and advancement of property team members.
• Conduct quarterly building team meetings to review the budget, status of projects, Client issues, leasing, sustainability efforts, utility consumption, and ownership issues.
• Participate in and achieve strong scores in the Building Operational Audit (BOA) and Kingsley satisfaction surveys.
• Manage properties in conformance with applicable laws, codes, Akridge standards, and industry standards.
• Portfolio managers take a hands-on, leading role with difficult property-level situations, using experience, problem-solving skills, and good judgement to achieve successful outcomes.

Sustainability

• Participate in and/or lead benchmarking compliance program, which may include input and review of Energy Star Portfolio Manager and correspondence with government agencies.
• Oversee, support, and/or lead compliance with Environmental, Sustainability, and Governance (ESG) programs as may be required by Akridge or investor Clients.
• Participate in and/or lead the LEED certification and re-certification process of buildings.
• Operate buildings in accordance with LEED and WELL operating procedures, as appropriate.
• In conjunction with engineering staff, develop and manage energy conversation program and ESG compliance.

Client Relations

• Provide outstanding customer service at all times.
• Depending upon property team composition, the portfolio manager will be directly or secondarily responsible for regular and positive interaction with building Clients through regular site visits, telephone contacts, written communication, and Client events. Understand Client space objectives and requirements.
• Act as the Akridge liaison for Clients and investors in communication with Akridge main office concerning leasing, sustainability, emergency preparedness or emergency events, construction or any other interaction outside of Property Management.

Investors and Owner Relations

• Provide outstanding customer service at all times. Demonstrate property management expertise, earning the continued trust and confidence of Akridge’s investor and owner Clients.
• Prepare monthly, quarterly, and annual reports in accordance with the terms of the management agreement.
• Schedule and conduct regular ownership meetings.
• Understand and implement ownership objectives.
• Make recommendations to advance the objectives of the investors.

Financial and Budget Management

• Prepare and manage annual operating budgets for all assigned buildings in accordance with the terms of the management agreement, lender requirements, and owner requirements.
• Prepare, monitor, and implement long-term capital improvements plans.
• Lead capital budget strategic planning from a property management perspective. Understand the ownership’s objectives for the property, and develop recommendations (e.g., speculative suites, common area amenities, and renovations) to support those objectives.
• Authorize expenditures within the approved operating plans and management agreement limits on a timely basis.
• Monitor rent collections with the accounting department. Utilize accounting department for delinquencies. Responsible for the ultimate collection of all rents and communicating with ownership to the status of the collections.
• Work closely with accounting department to make sure that all invoices are paid in a timely manner.
• Prepare regularly scheduled reforecasts of the financial performance of the properties.
• Review and approve the annual rent increases and rent reconciliations for all Clients.

Leasing

• Assist leasing team with leasing of the buildings as needed.
• Keep vacant spaces in proper condition for leasing tours.
• Conduct or participate in leasing tours as requested by leasing team.
• Develop and maintain knowledge of current leasing trends in relevant submarkets. Apply these trends and insights into property management strategy.

Supervision

• Supervise one or more direct reports.
• Conduct mid-year and year-end performance reviews for direct reports.
• Train and develop direct reports in a supportive manner.

Miscellaneous

• Represent Akridge by participating in business and community related associations such as AOBA, BOMA, and civic associations.
• Attend weekly department meetings.
• Participate in and/or lead efforts for special projects. Special projects may include new business activities, department/company initiatives, development of policies and procedures, due diligence, etc.

REQUIREMENTS AND QUALIFICATIONS
The portfolio manager interacts regularly with Akridge Clients, property ownership/investors, other departments within Akridge, outside contractors, local officials, trade associations, and Business Improvement Districts. The portfolio manager shall interface professionally with personalities at all levels and in all areas of the commercial real estate industry.

• 15+ years of experience in commercial property management.
• College degree required.
• Preferred designations include: Real Property Administrator (RPA), Certified Property Manager (CPM), LEED AP or LEED Green Associate, WELL AP, and Fitwell Ambassador.
• Effective communication and interpersonal skills coupled with the ability to resolve difficult situations and conflict efficiently and professionally.
• Detail oriented, with strong analytical, organizational, and coordination skills.
• Ability to perform multiple tasks, meet deadlines, and to work under pressure while maintaining a professional attitude.
• Self-confident individual with leadership abilities.
• Ability to operate independently while also performing as a member of a team.
• Strong supervisory and training skills.
• Computer skills and proficiency in Microsoft Outlook, Word, Excel, and CRE software such as Yardi.

PHYSICAL REQUIREMENTS

• Involves work of a general office nature usually performed sitting such as operation of a computer.
• Involves movement extensively within buildings to facilitate work.
• Involves movement throughout commercial office buildings including roofs, penthouses, mechanical rooms, basements, garages, and Client space.
• May require daily or routine travel between several buildings and visits to the main office.
• Typically requires working in-office Monday through Thursday. Certain assignments require in-office work on Fridays. Other assignments may accommodate work-from-home on Fridays.

REPORTING STRUCTURE
This position reports directly to the Akridge Director of Property Management who provides guidance and coordinates, evaluates, and monitors work performance.

Akridge believes that diversity and inclusivity are essential to positive long-term success and achieving our strategic business goals. We are proud to be an Equal Opportunity Employer, and we encourage diverse and talented applicants to apply. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please e-mail careers@akridge.com or call (202) 624-8626.

Date Posted: 09/26/2023

Contact:

Contact email: careers@akridge.com

Description: Akridge is a full-service commercial real estate company and a prominent investor and developer in the Washington, DC and North Carolina regions. We invest in, develop, and manage commercial real estate, from office buildings to mixed-use space. Since our founding in 1974, Akridge has acquired, developed, or entitled over 14 million square feet of commercial real estate and land. We believe in transforming the landscape of our nation’s capital through places that make working more productive, playing more delightful, and living in our city more harmonious. Akridge is committed to sustainable development and operating practices, and has been recognized as an Energy Star Top Performer and Energy Star Partner of the Year. Some of Akridge’s most notable projects include the 1 million square foot Gallery Place, the internationally recognized Homer Building, and the 3 million square foot Burnham Place air rights development project at Union Station. Akridge is proud to invest, build, and operate properties that provide lasting value for our investors, quality work environments for our Clients, and vibrant neighborhoods for our community. Our fully integrated platform allows us to enhance a property’s value throughout every stage of development and operations. We acquire and develop properties that generate consistent and strong, above-market returns for our investment partners. Our developments become destinations that attract high-quality Clients and make neighborhoods more desirable. Our comprehensive real estate knowledge and experience enables us to create smart investment strategies that respond to market opportunities. Our operating and development expertise gives us an unparalleled ability to execute these strategies and deliver exceptional results. Akridge invests like an operator, and operates like an investor.


Senior MEP Construction Manager

GENERAL RESPONSIBILITIES

The Senior MEP Construction Manager is responsible for assisting in the planning, development, and construction of buildings, the redevelopment of buildings and major construction projects and tenant improvement projects within the managed portfolio.  His/her primary focus is on the design, installation, testing, commissioning and initial operation of the mechanical, electrical and plumbing (MEP) systems associated with new and assigned projects, and the numerous systems that support the MEP within these projects.  He/she is responsible for the review of preliminary and construction drawings and specifications, and making reports to the assigned construction manager, project manager, and Director of Building Services.  In addition to the aforementioned duties, he/she serves as the primary in house consultant for MEP systems and provides guidance and assistance to the Director of Building Services, property managers, and building engineers as needed in the management and operation of the management portfolio.  In this capacity he/she serves as a trouble-shooter for problems with MEP systems, provides training and skills development for all assigned engineering staff and periodic inspections of building systems to ensure that the buildings are operating as designed.

The Senior MEP Construction Manager reports to SVP Development and works in support of the SVP of Technology and Engineering.      

GENERAL QUALIFICATIONS

The Senior MEP Construction Manager must be a leader with the integrity to set a superior example of both technical skills and interpersonal relationships.   He/she is expected to be technically competent and the most knowledgeable company resource in their field and is expected to routinely keep abreast of new developments, equipment and procedures in building operations. Communication skills, the ability to organize and a willingness to follow through are essential qualifications for this position.  It is preferred for one to possess a high school diploma and at least five years of construction experience in order to fill this position.  It is also desired that one be a certified commissioning agent. 

SPECIFIC RESPONSIBILITIES

Development and Construction Project Support

• Partner with Akridge development and construction teams to identify and select appropriate building systems for new projects
• Review Akridge Standards with design engineers, specifically related to MEP items
• Review preliminary construction drawings, bid sets, and construction drawings for new projects, advising responsible parties of anticipated problems and recommendations particularly with regard to MEP systems.
• Provide other support in the pre-construction phase of development as requested.
• Review specifications for new projects and make recommendations for changes.
• Review submittals and provide recommendations to accept or reject specific MEP systems.  
• Review submittals for acceptability and make appropriate recommendations to the project team. 
• Review RFI’s for acceptability and make appropriate recommendations to the project team.
• Review other construction documents, drawings and specifications for construction projects as requested by Property Management, other engineers, project and construction managers, etc.
• Review tenant improvement project drawings and specifications to confirm appropriate tie-ins to building systems.
• Regularly walk the project site to ensure installation meets design specifications and develop an issues list for items needing correction by the project team.
• Review and approve commissioning procedures as prepared by the Project Commissioning Agent.
• Participate in the commissioning of all building systems in partnership with the project Commissioning Agent.
• Commission and review all MEP equipment on the project.
• Review change orders and recommendations for change that affect MEP systems. 
• Ensure the receipt of final permits, manuals, as built drawings, etc. at the completion of the construction project.
• Transition project from construction to operations with appropriate overlap to ensure operating engineer and building staff are fully knowledgeable of system operations.

Property Operations Support

• Regularly conduct on line (remote) review of building operating parameters and conditions to verify proper conditions and operation of the managed properties are being employed.  
• Assist with energy management of the portfolio.
• Regularly inspect operating projects and ensure that they are being run safely and efficiently, and the mechanical systems are in good working order.
• Make recommendations for operations, improvements and repair of building systems.  
• Provide technical assistance and problem solving skills to investigate and resolve engineering problems related to building operations.
• Be a technical advisor for operating engineers.
• Participate in retro-commissioning of existing projects.
• Review all construction documents, drawings and specifications for construction projects

Akridge believes that diversity and inclusivity are essential to positive long-term success and achieving our strategic buisnes goals. We are proud to be an Equal Opportunity Employer, and we encourage diverse and talented applicants to apply. All qualifed applicants will recieve consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please e-mail careers@akridge.com or call (202) 624-8626.