Vice President, Logistics Asset Management Greater Chicago, IL Area + 1 more

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

About Marq

Marq is a global leader in the development and operation of modern logistics facilities and manages a portfolio of approximately 2,000 properties totaling more than 600 million square feet. With a mission to deliver institutional-quality logistics facilities and a consistent, best-in-class experience to tenants around the world, Marq’s highly specialized and dedicated team provides a powerful combination of global scale with local experience. Learn more at .

Essential Job Duties

The Vice President will work within the Asset Management Group and assist in operating and reporting on a growing regional portfolio. Specific Responsibilities include:

Serve as a key partner in the operation and management of regional industrial assets

Conduct market research to identify trends, competitive properties, and leasing opportunities

Negotiate lease terms and rental rates with prospective tenants

Oversee third-party leasing teams, property management teams, and key vendor relationships

Manage new and ongoing lease negotiations in coordination with third-party leasing teams and internal and external counsel

Partner with Property Management and Construction Management to review capital plans, provide input on significant projects, and support make-ready scopes and execution

Review post-acquisition and annual budgets for alignment with underwriting, leasing assumptions, marketing plans, and overall asset strategy

Develop and execute leasing and marketing plans across the regional portfolio

Support asset-level marketing efforts in partnership with third-party leasing teams and brokers, including coordinating open houses and other marketing initiatives and ensuring marketing activities align with leasing objectives and overall asset strategy

Support acquisition due diligence, including tenant interviews and estoppels, underwriting assumptions, capital needs, and third-party reports

Review portfolio reporting for accuracy and timeliness, including third-party reports, lease information, and internal asset management reporting

Support tenant move-ins, move-outs, and make-ready activities

Partner with joint venture partners on asset strategy, providing oversight and input on leasing, significant capital projects, budgets, and dispositions

Required Knowledge, Skills, and Abilities

Position requires a bachelor’s degree

7-10 years direct experience in asset management is preferred. Leasing experience preferred

A team-oriented individual with strong verbal and written communication skills who is comfortable working in a very entrepreneurial environment required

Demonstrated ability to effectively manage transactional details required

Demonstrated budgeting skills, including Yardi and Excel applications are preferred

Ability to effectively manage internal and external relationships required

Ability to travel domestically required

Reporting Relationships

Principal, U.S. Real Estate Logistics Asset Management

Compensation

The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.

$200,000.00 - $225,000.00

The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.

Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.