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Job description
Real Estate Portfolio ManagerWe are looking for a Real Estate Portfolio Manager to join our Global Business Services team in Freeport, TX, Houston, TX or Geismar, LA. Come create chemistry with us! Global Business Services (GB) is a dedicated service division focused on delivering tailored solutions that drive profitable growth for BASF's businesses. By using our expertise and innovative approach, we translate our deep understanding of BASF's needs into an elevated service delivery experience, always thinking one step ahead. Our ambition is to be the service provider of choice for BASF's businesses both now and in the future, working together towards the continued achievement of their winning ways.As a Real Estate Portfolio Manager, you will oversee a diverse portfolio of industrial real estate assets while managing multiple complex transactions simultaneously. Working independently or in partnership with brokers and cross-functional stakeholders, you will develop and execute real estate strategies that support business requirements, optimize transaction outcomes, and align the portfolio with BASF's operational, financial, and growth objectives. This role combines transaction management, portfolio administration, and strategic planning to maximize value across the Company's industrial real estate portfolio.As a Real Estate Portfolio Manager, you create chemistry by...Managing a portion of the Company's real estate transactions with a focus on industrial properties, including acquisitions, relocations, dispositions, consolidations, build-to-suits, renewals, rights-of-way, and easements, while overseeing multiple complex transactions at the same time.Optimizing the current portfolio by securing flexibility, efficiency, and cost savings, as well as driving excess real estate cost out of the P&L as identified.Administering the Company's real estate portfolio and supporting information requests from internal business units, while proactively addressing critical dates throughout the lifecycle of leased properties, including rate increases, early termination rights, renewals, tenant improvement allowances, and changing market conditions.Developing building specifications and standards to fit operational requirements, in addition to obtaining real estate market surveys and reviews to establish acquisition and disposition baselines.Negotiating transaction terms to meet business needs and optimize outcomes, including letters of intent, leases, lease amendments, and other relevant legal documents in partnership with Legal to ensure economic and operating terms are aligned with the Company's requirements and strategy, as well as supporting negotiations for incentives and tax abatements with local, county, and state municipalities.Leading the Real Estate workstream for various M&A projects while collaborating with Legal, Ecology, Health and Safety, Security, and other stakeholders on agreements to support successful transaction execution and portfolio initiatives.If you hold a Bachelor's degree in Business Management, Real Estate, Engineering, or a related field; an MBA is preferred. You have 7+ years of experience in industrial real estate, including manufacturing and warehouse sales, purchases, and leasing, along with strong financial acumen and fundamental knowledge of accounting principles and financial statements. You possess strong broker relationships and excellent negotiation skills, with the ability to establish, maintain, and effectively manage relationships with professionals at all levels, both internally and externally. You demonstrate strong working knowledge of Microsoft Office, as well as excellent written and verbal communication skills. You show the ability to function autonomously by exercising independent judgment and discretion, while demonstrating strong business judgment, integrity, ethics, and strategic thinking in ambiguous or unfamiliar situations. You have strong attention to detail and the ability to effectively manage multiple priorities simultaneously while consistently delivering high-quality results.At BASF, you will have the chance to do meaningful work towards building a more sustainable future. In addition to competitive compensation and benefits, BASF provides you with access to a wide range of elements to help you be your best. It's what we call We are committed to providing benefits, programs, and opportunities that support our employees' overall well-being, personal growth, and a safe, collaborative, and inclusive work environment.Just some of the many benefits we offer include:Flexible work arrangements whenever possibleHighly competitive retirement savings plan with company match and investment optionsWell-being programs that include comprehensive mental health support for you and your household family membersFamily forming benefits (fertility, adoption and surrogacy reimbursement, maternity/parental leave, and more)Back-up child and elder care with discount programs for families of all ages and stagesMentoring and career development opportunities that allow you to share, learn, and thriveMatching gifts program that allows you to deepen the impact of your contributions to qualified charitiesEmployee crisis support for when the unexpected happensAccess to our BASF wine cellar, employee discounts, and much more!As one of the largest chemical companies in North America we have been finding solutions for your everyday needs and addressing the most complex economic, environmental, and sustainability challenges for more than 150 years! At BASF we empower our employees with the tools, guidance and opportunities they need to advance and succeed in work and life. Giving you the support you need to be your best and fulfill your personal ambitions is what helps us create chemistry. After all, our success is linked to yours. Whatever path you envision, BASF is a great place to build a rewarding, successful career. Belong to Something Bigger.Pay transparency BASF is committed to pay transparency practices. The competitive Pay Range for this role is $108,000 - $135,000. Actual pay will be determined based on education, certifications, experience, and other job-related factors permitted by law.Equal employment opportunities We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, age, citizenship, color, religion, sex, marital status, national origin, disability status, gender identity or expression, protected veteran status, or any other characteristic protected by law. Applicants must be currently authorized to work in the United States on a full-time basis.
Worksite address
freeport, TX, 77541, US
Who can apply
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