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Real Estate Asset Manager

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Tesla

5d ago

  • Job
    Full-time
    Mid Level
  • Real Estate & Property
    Business, Operations & Strategy
  • Austin
    Remote

AI generated summary

  • You need a Bachelor’s Degree, 3+ years in transactional real estate, strong analytical skills, basic real estate knowledge, and proficiency in MS Office. Travel up to 20% may be required.
  • You will determine real estate needs, conduct due diligence, manage transactions, negotiate leases, and collaborate with teams to meet development timelines and budget goals.

Requirements

  • Bachelor’s Degree or equivalent experience
  • 3+ years of experience transactional real estate across multiple real estate product types
  • Experience with gathering, analyzing, and presenting demographic and financial data to Executive-Level personnel
  • Basic understanding of key real estate concepts
  • Experience with municipal planning and zoning procedures preferred
  • Proficient with MS Excel, Word, and PowerPoint
  • Ability to travel up to 20%

Responsibilities

  • Work with key business units to determine real estate needs including relocation, consolidation, expansion, sublease, and purchase.
  • Develop key search criteria and potential geographies based on business need supporting the Real Estate Manager
  • Perform Zoning/entitlement checks, complete zoning application requests, etc.
  • Gather and evaluate potential options on economic, demographic, and other market data.
  • Model both qualitative and quantitative location selection criteria
  • Responsible for creating and compiling business case justification material for Executive project approval
  • Perform and collect necessary site due diligence to prepare for Development.
  • Responsible for all ancillary support location site identification and transaction management.
  • General Transaction Management duties to support Real Estate Manager
  • Negotiate Non-binding LOI and work letter supporting real estate manager and outside real estate broker.
  • Negotiate lease alongside real estate manager and outside Counsel.
  • Responsible for tracking critical Lease dates alongside Lease Administration within the region of focus to ensure timely renewal or other required management
  • Work closely with project manager, design manager, accounting, and finance teams throughout the lifecycle of a facility to achieve timeline and budget goals.
  • Manage development timeline and budget goals.
  • Manage development timelines alongside construction and design partners
  • Prepare lease documents for execution and manage internal programs to successfully complete site set up.
  • Prepare site evaluation packages for executive management

FAQs

What is the primary role of a Real Estate Asset Manager at Tesla?

The primary role is to work with key business units to determine real estate needs, support site evaluations, negotiate leases, and manage development timelines while optimizing the use of space.

Where can this position be based?

This position can be based in Texas, Florida, or New York.

What kind of experience is required for this role?

A Bachelor’s Degree or equivalent experience and at least 3+ years of transactional real estate experience across multiple real estate product types are required.

Is travel necessary for this position?

Yes, the role requires the ability to travel up to 20%.

What software skills are essential for this position?

Proficiency in MS Excel, Word, and PowerPoint is essential.

What are the lease management responsibilities associated with this role?

Responsibilities include tracking critical lease dates, negotiating lease documents with support, and managing the site setup process after lease execution.

What type of benefits does Tesla offer employees in this role?

Tesla offers competitive pay, medical plans, dental and vision coverage, a 401(k) with employer match, stock purchase plans, paid time off, EAP, childcare support, and various voluntary benefits among others.

Are there opportunities for family-building support?

Yes, Tesla provides family-building, fertility, adoption, and surrogacy benefits.

What is expected in terms of collaboration with other teams?

The Real Estate Asset Manager will work closely with project managers, design managers, accounting, and finance teams throughout the lifecycle of a facility to achieve timeline and budget goals.

What is the focus of the location selection criteria modeling?

The focus is on both qualitative and quantitative factors to evaluate potential options based on economic, demographic, and other market data relevant to business needs.

Tesla’s mission is to accelerate the world’s transition to sustainable energy.

Automotive
Industry
10,001+
Employees
2003
Founded Year

Mission & Purpose

Tesla’s mission is to accelerate the world’s transition to sustainable energy through increasingly affordable electric vehicles in addition to renewable energy generation and storage. California-based Tesla is committed to having the best-in-class in safety, performance, and reliability in all Tesla cars. There are currently over 275,000 Model S, Model X and Model 3 vehicles on the road worldwide. To achieve a sustainable energy future, Tesla also created infinitely scalable energy products: Powerwall, Powerpack and Solar Roof. As the world’s only vertically integrated energy company, Tesla continues to innovate, scale and reduce the costs of commercial and grid-scale systems, with the goal of ultimately getting us to 100% renewable energy grids.