Posted: 08-Apr-26
Location: United States - Nationwide
Type: Full Time
Categories:
Required Education:
LOCATION: Baltimore, MD or Austin, TX
Reports To: Head of Retail Asset Management
POSITION Summary: The Retail Asset Manager is accountable for the financial and operational performance of a portfolio of retail assets, with a focus on maximizing NOI, enhancing asset value, and executing strategic business plans. This role acts as the owner’s representative, driving leasing strategy, capital investment decisions, and operational execution to achieve targeted investment returns.
RESPONSIBILITIES:
The following is not an all-inclusive list of the job responsibilities; Company may change or revise listed duties and responsibilities or add other job-related duties at any time as the general position responsibilities evolve and, to support business needs.
Asset Strategy & Value Creation
- Create in conjunction with multiple department teammates and execute annual asset business plans, including leasing strategy, operating budgets, capital plans, and value-enhancement initiatives.
- Monitor asset-level performance and proactively address risks and opportunities to maximize returns.
- Maintain strong knowledge of each asset’s market, competition, tenant mix, and positioning.
Leasing
- Partner with Leasing to establish leasing strategy and execution in alignment with approved business plans.
- Review LOIs, new leases, renewals, amendments, and redevelopments.
- Partner with internal and third-party leasing teams to drive occupancy, rent growth, and tenant mix optimization.
- Maintain awareness of retailer credit, expansion activity, and merchandising trends.
Financial Management & Reporting
- Participate with annual budgets, monthly reporting, forecasting, and variance analysis.
- Analyze asset performance, cash flow, and capital investment returns.
- Prepare and deliver clear, institutional-quality reporting to senior leadership and partners.
Property Management & Operations
- Provide strategic oversight of third-party property management teams, including:
- Tenant relations.
- Lease compliance.
- Expense control.
- Vendor oversight.
- Maintenance and capital planning.
- Serve as escalation point for complex operational or tenant matters.
Capital Projects & Redevelopment
- Collaborative work on capital improvement and redevelopment projects in coordination with construction teams.
- Ensure projects are executed on time, on budget, and consistent with approved scope.
Acquisitions & Dispositions
- Support acquisitions through market analysis, underwriting support, and due diligence.
- Assist with asset-level support during dispositions, including buyer diligence and data coordination.
Collaboration & Communication
- Work cross-functionally with Leasing, Property Management, Construction, Accounting, Acquisitions, and senior leadership.
- Conduct site visits, broker meetings, and tenant meetings as required.
QUALIFICATIONS:
- 5+ years of commercial real estate experience, with a strong preference for retail asset management.
- Bachelor’s degree required; Real Estate, Finance, Economics, or Business preferred.
- Strong understanding of retail leasing structures, negotiations, and landlord/tenant fundamentals.
- Experience working with and managing third-party property management and leasing teams.
- Solid financial and analytical skills, including budgeting, forecasting, and return analysis.
- Working knowledge of Excel required; familiarity with MRI, ARGUS, or similar platforms preferred.
- Strong written, verbal, and presentation skills.
- Highly organized, detail-oriented, and capable of managing multiple priorities in a fast-paced environment.
- Owner-oriented mindset with a proactive, problem-solving approach.
PERFORMANCE EXPECTATIONS:
Success in this role will be measured by:
- NOI growth vs. business plan.
- Occupancy and leasing spread performance.
- Execution of capital projects on time and budget.
- Budget variance management.
- Contribution to portfolio-level investment returns.
