Director, Asset Management

Job Summary

Director, Asset Management at Piedmont Realty Trust focuses on driving the financial and operational performance for a portfolio of 6–8 Class A office buildings totaling over 2M SF. Primary responsibilities include developing / executing value add strategies, negotiating leases, building relationships with key market participants, and partnering with the Regional Head to underwrite potential acquisitions and developments.

Responsibilities

• Negotiate property‑level contracts, including leases, licenses, and, where applicable, third‑party management and exclusive leasing listing agreements.
• Proactively enhance property’s competitiveness; monitor local market conditions, anticipate trends, understand the building’s current and anticipated future occupancy, and make recommendations on repositioning the property accordingly when needed.
• Prepare Investment Committee recommendations on large lease transactions.
• Update Senior Management on leasing efforts, including both new leasing activity for vacant space and renewal activity on existing tenants.
• Review and approve property budgets, including both projected leasing and building capital plans.
• Work with Analyst to update ARGUS Enterprise models used for ongoing cash flow projections of the portfolio.
• Identify ‘Value Add’ strategies for properties in the portfolio.
• Partner with Regional Head / Capital Markets to underwrite acquisition and development opportunities and assist in the disposition process for any future property sales.
• Select and direct the transition of the property‑level team (property manager, leasing agent, attorneys, and other third‑party professionals) after acquisition.

Qualifications

Equal Opportunity Employer. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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