About the Role
We are seeking a highly analytical and proactive Asset Manager to oversee a portfolio of multi-tenant retail and industrial properties. This role is responsible for driving asset performance, maximizing Net Operating Income (NOI), managing leasing strategy, negotiate lease terms for  renewals and new tenants, and ensuring operational excellence across the portfolio.

The ideal candidate combines financial acumen, leasing expertise, and strategic thinking to enhance property value and deliver strong investor returns.

Key Responsibilities

Asset & Financial Management
• Review lease abstracts, rent rolls, and property financials
• Analyze P&L statements, budgets, and variance reports
• Monitor NOI, occupancy, and asset-level KPIs
• Oversee rent collections and minimize delinquencies
• Prepare internal performance reports and investor updates
• Develop and manage annual operating budgets, including CAM, taxes, and insurance
• Conduct CAM reconciliations and manage expense recovery processes

Leasing Strategy & Tenant Relations
• Drive leasing strategy to optimize tenant mix and reduce vacancy
• Negotiate lease terms, renewals, and new deals aligned with market conditions
• Underwrite and evaluate prospective tenants and lease structures
• Manage third-party brokers and leasing teams
• Track lease expirations and proactively manage renewals
• Ensure compliance with co-tenancy clauses, exclusivity provisions, and lease terms
• Maintain strong tenant relationships to improve retention

Operations & Property Oversight
• Oversee property management teams and vendor performance
• Approve and monitor operating expenses and capital expenditures (CAPEX)
• Track maintenance issues and ensure timely resolution
• Ensure compliance with insurance, safety, and regulatory requirements
• Maintain quality and curb appeal across all assets

Strategic Value Creation
• Identify and execute value-add opportunities and asset repositioning strategies
• Analyze market trends, leasing comps, and competitive positioning
• Explore ancillary revenue streams (e.g., EV charging, cell towers, ground leases)
• Support refinancing and disposition strategies

Investor Reporting & Communication
• Prepare quarterly investor reports and performance updates
• Communicate key risks, opportunities, and leasing activity
• Support distribution processes and financial transparency

• Qualifications
  • Bachelor’s degree in Real Estate, Finance, Business, or related field
  • 3–5+ years of experience specifically in industrial, retail, or shopping center asset management (multifamily experience will not be considered)
  • Demonstrated experience negotiating commercial leases for renewals and new deals.
  • Strong understanding of retail and/or industrial property operations
  • Experience with lease structures, including NNN leases
  • Proficiency in financial analysis and real estate metrics (NOI, IRR, cap rates)
  • Experience with property management and data platforms (e.g., Yardi, CoStar, Crexi)
  • Strong negotiation, analytical, and communication skills

  • Applicant can be located in Dallas, Austin or Houston

About Cove Capital Investments

Cove Capital Investments is a national real estate investment firm and Delaware Statutory Trust (DST) sponsor managing a diversified portfolio of more than 3.9 million square feet of real estate across 33 states. The firm specializes in the acquisition and management of net lease (NNN), multi-tenant retail, and industrial properties, with a focus on delivering stable cash flow and long-term value creation for investors. Trusted by more than 2,700 investors nationwide, Cove Capital provides 1031 exchange and passive investment solutions backed by disciplined underwriting and active asset management. The majority of Cove Capital’s DST offerings are structured debt-free, helping reduce financing and foreclosure risk while emphasizing capital preservation and operational stability.

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