Real Estate Asset Manager, Site Services
Company: CRE Finance Council
Location: San Francisco
Posted on: April 1, 2025
Job Description:
The PositionMain Purpose of the Position:Genentech, part of the
Roche group of companies, is one of the world's largest biotech
companies. Its campus in South San Francisco (SSF) consists of
approximately 200 acres of owned land and 4.7 million square feet
of owned buildings serving office, lab, manufacturing, amenity and
support uses.The Real Estate Strategy team decides how the real
estate footprint and the outdoor public campus realm should change
to accommodate Genentech's business needs and plans campus
improvements for work environments, transportation, parking,
landscaping, way-finding, and auxiliary functions, impacting
12,000+ employees in SSF.The Real Estate Asset Manager is
responsible for driving real estate initiatives and portfolio
management activities for Genentech. The Real Estate Asset Manager
will build business cases and develop financial analysis to gain
required management approvals for projects with values of up to
$1B.The Real Estate Asset Manager must drive results, meet
deadlines, and deliver projects with grace under pressure while
building trusting relationships. This position requires excellent
strategic thinking, communication and presentation skills, and
understanding of corporate real estate strategy and finance.Job
Duties/Responsibilities:
- Lead Real Estate Capital Asset Planning (RECAP) program to
align cross-functional teams on building investment strategies.
Assist in determining the short and long-term strategies for
various assets. Lead the development of Site Services Capital
Expense 5-year plan, partnering with Site Services Finance and
other stakeholders.
- Develop business cases and analysis to support campus
investments and present to key business stakeholders. Develop
financial analysis (including cash flow projections, NPV, P&L
impact and/or IRR) to determine the financial impact and economic
value of multiple scenarios.
- Represent the Real Estate Strategy team's interests in
campus-wide site investment programs such as the SSF Campus seismic
program.
- Manage real estate data and documents for owned and leased
portfolios. Lead portfolio-level reporting and analysis. Assist
Transactions Manager with leasing and transactions activity as
needed.
- Stay abreast of commercial real estate trends in the Bay Area,
particularly within the South San Francisco market.
- Facilitate Genentech's relationship with its 3rd Party Tenants
and partner with Genentech's Facilities Team on property management
issues.
- Be on campus at least 3 days per week to evaluate site
conditions, engage with stakeholders, and learn about Genentech's
large and diverse campus.Competencies Identified for Success:
- Outstanding project management skills and ability to flex and
multitask in a shifting environment. Takes a proactive approach to
anticipating needs and leads with recommendations.
- Strong understanding of finance, capital planning and strategic
planning, ideally with experience in corporate real estate.
- Highly effective team player and collaborator. Strong comfort
working in a matrix and agile environment where expertise is
leveraged across functions.
- Eager to learn and develop one's skill set. Willingness to
contribute to the team and flow to high priority work. Highly
motivated and adaptable.
- Ability to understand key business metrics. Can determine,
develop and monitor key performance indicators.
- Outstanding resonant communication skills. Ability to
communicate effectively up and down, at all levels of the
organization, present complex and/or new ideas with clarity and
simplicity.
- Proficient with Google collaboration suite (Google Slides,
Google Sheets), PowerPoint and Excel.
- Knowledgeable of CRE databases (Lease Harbor, Tririga, or
CoStar) with ability to efficiently and accurately update, audit
and export data to manage KPIs.Qualifications: Education,
Experience, Knowledge and Skills:(Minimum requirements)
- Education: BS/BA degree, or higher-level degree, in a relevant
area, such as Real Estate, Business Administration, Finance,
Economics.
- 8 or more years relevant business experience.
- Excellent communication skills with ability to present complex
ideas, influence and gain credibility and respect from stakeholders
across all levels of the organization (employees to
executives).
- This position is not eligible for relocation.
- This position is not eligible for full-time remote.The expected
salary range for this position, based on the primary location of
California, is $133,100 - $247,300 USD Annual. Actual pay will be
determined based on experience, qualifications, geographic
location, and other job-related factors permitted by law. A
discretionary annual bonus may be available based on individual and
Company performance. This position also qualifies for the benefits
detailed at the link provided below.BenefitsWho we areA member of
the Roche Group, Genentech has been at the forefront of the
biotechnology industry for more than 40 years, using human genetic
information to develop novel medicines for serious and
life-threatening diseases. Genentech has multiple therapies on the
market for cancer & other serious illnesses. Please take this
opportunity to learn about Genentech where we believe that our
employees are our most important asset & are dedicated to remaining
a great place to work.Diversity and Inclusion (D&I) are
critical to the success of our company and our impact on society.
We believe that by championing diversity of background, thought and
experience, we can foster a sense of belonging and provide an
environment where every employee feels valued, included, and able
to contribute their best for the patients we serve. We're focused
on attracting, retaining, developing and advancing our people to
their full potential by rewarding bold ways of thinking and
integrating inclusive behaviors into every aspect of our
work.Genentech is an equal opportunity employer, and we embrace the
increasingly diverse world around us. Genentech prohibits unlawful
discrimination based on race, color, religion, gender, sexual
orientation, gender identity or expression, national origin or
ancestry, age, disability, marital status and veteran status. For
more information about equal employment opportunity, visit our
Genentech Careers Homepage.If you have a disability and need an
accommodation in relation to the online application process, please
contact us by completing this form Accommodations for
Applicants.
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Keywords: CRE Finance Council, San Francisco , Real Estate Asset Manager, Site Services, Executive , San Francisco, California
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