ABOUT THE ROLE

The role of the Asset Management Associate is to partner with internal LogiPropCo teams and investors to support the firm’s business plan objectives while contributing to maximizing the value of the portfolio of assets. The role will assist with the analysis of the assets/fund, conduct market research, investor communications and provide best-in-class reporting.

Specific responsibilities include:

Conduct market research, analysis and maintain subject matter expertise on assets within assigned submarkets
Participate in the development and execution of the property level business plans in conjunction with the Financial Planning & Analysis team and work closely with senior management to manage and optimize the existing asset portfolio
Develop forward looking financial models that track performance and returns, including performing asset analyses, financing evaluations, and portfolio-level analyses of performance, diversification, risk, etc.
Prepare best-in-class monthly, quarterly, and annual internal/external reports, which includes obtaining information from internal teams, and updating applicable excel documents and fund models
Assist with internal/external quarterly asset valuations
Help manage relationships with investors and assist in providing ad hoc and recurring updates
Coordinate with internal teams to collect and analyze information
Review and abstract leases identifying key information and tenant vs. landlord responsibilities
Liaise with Accounting to ensure timely payment of invoices, including property taxes
Assist with the selection and supervision of 3rd party property management and real estate tax advisory firms for assigned markets/projects
Independently oversee and track 3rd party property manager required reporting/annual inspections
Assist Head of ESG with annual utility data collection from Tenant’s via 3rd party management
Review annual budgets with AM, including providing prior year variance comparisons and developing a strategic plan for the entire regional industrial portfolio.

The ideal candidate will have:

Bachelor's degree in Finance, Accounting, Real Estate, Economics or a related field
Two to five years of finance, private equity, or real estate analytical experience preferable within the industrial asset class
Superior analytical, quantitative, writing, and technical/computer skills with proficiency in Excel and PowerPoint, including the ability to build and modify formulas and models for a variety of investments, joint ventures, and fund structures.
Argus Enterprise experience is a plus
Time management, organizational skills, and exceptional attention to detail
Broad understanding of real estate and/or development
Strong interpersonal and communication skills; ability to interact positively with team members, joint venture partners, and other teams within LPC in a confident and professional manner
Intellectual curiosity, positive “can do” attitude, and desire for personal development

ABOUT LOGISTICS PROPERTY COMPANY

Logistics Property Company, LLC is a logistics real estate operating company and investment manager focused on the acquisition, development, and management of modern logistics properties in key North American markets. The company operates on a disciplined investment strategy, ensuring optimal outcomes for our investors, employees, communities, and environment. Headquartered in Chicago, Logistics Property Company has more than 80 employees strategically located across eight markets. Its portfolio is comprised of 57 buildings across 23.9 million square feet with an estimated end value of more than $4.1 billion. For further information, please visit logisticspropco.com.

EEO Statement

Our company is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other status protected by applicable local, state, and federal law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email hr@logisticspropco.com.

Logistics Property Company, LLC

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Asset Management Associate