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Real Estate Asset Manager

OUTFRONT Media
paid time off, 401(k)
United States, California, Los Angeles
Dec 19, 2024

About OUTFRONT

We are one of North America's most innovative media companies. We leverage the power of creative excellence, unbeatable locations and smart audience data to change the game for advertisers. Our purpose as a company is to help people, places and businesses grow stronger. To do this, we make meaningful connections between brands and people when they are outside of their homes through one of the largest and most diverse sets of out-of-home assets including billboards, transit and mobile displays across the U.S. We connect diverse audiences across over 150 markets and conduct our business considering all our stakeholders, from clients and employees, to the communities where we operate. We are committed to creating a diverse and inclusive work environment that promotes the growth of our people. Come join our industry-leading team!

What We Offer

OUTFRONT offers a comprehensive benefits program including:

  • Medical, Dental, Vision (including same and opposite-sex domestic partners)
  • HSA and FSA plans, Family Benefits, Pet Benefits
  • 401(k) Plan with an Employer Match
  • Paid Time Off, Commuter Benefits, Educational Assistance
  • Robust Diversity, Equity and Inclusion program including 7 Employee Resource Groups (ERGs)

Your Role

This position manages all real estate market activities including monitoring site identification, leasing, permitting, renewal lease negotiations, easement negotiations, vegetation control, variance and ordinance presentations and other related matters as deemed necessary by management.

Your Responsibilities

  • Supervises and ensures the maintenance of the leaseholds of all key existing locations within the geographic area using lease renewal andlease-rent-reduction programs as mandated by management.
  • Identifies new locations and all new leases and sites for subsequent sign development.
  • Oversees negotiations for leasing of properties on equitable terms as prescribed by OUTFRONT Media lease renewal guidelines.
  • Monitors all renewal leases on equitable terms as prescribed by OUTFRONT Media lease renewal guidelines.
  • Oversees the settlement of any discrepancies (property-line disputes, ingress-egress problems, roof damage, etc.) to the satisfaction of the concerned parties.
  • Directs the processes to secure all permits (both new and renewal), variances, re-zoning, annexations, etc.
  • Develops and implements a continuing community relations program in each market, including grassroots program for state and federal political action.
  • Serves as a liaison with operations, other internal departments and subcontractors to assure the quality and accuracy of installation of the signs.
  • Serves as public affairs representative striving to positively impact the ordinances and regulations which control the outdoor advertising industry by building community coalitions.
  • Oversees the maintenance of all lease files and records for optimum accuracy and completeness.
  • Supervises and implements any department budgets, including lease rents, capital expenditures, etc.
  • Directs the preparation of all reports and analyses emanating from the Real Estate Department.
  • Supervises the preparation of any requisite work orders for the development of sign sites, vegetation control and assists on finical analysis for capital expenditures.
  • Completes projects as directed.
  • Negotiates leasing of properties on equitable terms for a significant duration, and then services each lease through its duration, always communicating directly with each landowner.
  • Travels as needed to meet with property owners throughout market area.
  • Identifies organic sites for sign development.
  • Supports and exhibits behavior consistent with the sales and service philosophy of OUTFRONT Media.
  • Acts with diplomacy as a representative of OUTFRONT Media and the Real Estate Department.
  • Performs other related duties as required.

Your Qualifications

  • Commercial real estate background or previous corporate real estate background preferred.
  • Experience in permitting, land use, zoning and lobbying preferred
  • Excellent communication, interpersonal, organizational and influencing skills.
  • Ability to multitask, prioritize and meet deadlines.
  • Possess strong client facing skills.
  • Strong computer proficiency in Microsoft Word, Excel and PowerPoint.
  • Demonstrated experiences in developing teams and achieving sales success.
  • Must be multi-task oriented, and able to communicate clearly, comprehensively and with complete personal and professional integrity.

The salary range for this role is $110,000-$160,000 per year.This role is also eligible for incentive compensation. Compensation is determined during our interview process by assessing a candidate's experience and skills relative to internal peers and market benchmarks evaluated for the scope and responsibilities of the position. Please note that the foregoing compensation information is a good-faith assessment associated with this position only and is provided pursuant to the California Salary Transparency Law.

To all Recruitment Agencies: OUTFRONT Media LLC does not accept agency and unsolicited resumes. Please do not forward resumes to our OUTFRONT Media employees or any other company location.

OUTFRONT Media is not responsible for any fees related to unsolicited resumes.

OUTFRONT Media Is An Equal Opportunity Employer

All applicants shall receive equal consideration without regard to race, color, religion, gender, marital status, gender identity or expression, sexual orientation, national origin, age, veteran status or disability. Please refer to the OUTFRONT Media Affirmative Action policy statement.

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