Vice President, Asset Management & Operations
San Diego Metropolitan Area · Full Time
Be the first to apply
- Experience
- 6+ yrs
- Salary
- USD 140,000 – USD 160,000 / year
- Openings
- 1
- Posted
- 3 weeks ago
- Work mode
- In office
- Education
- Not specified
- Eligibility
- Candidates with significant commercial real estate experience, especially those with owner-operator asset management or portfolio operations backgrounds, are encouraged to apply. Industrial real estate experience is preferred, and candidates should be comfortable working onsite in Solana Beach with…
- Resume
- Required to apply
Job description
Role overview
This position is designed for someone eager to help build and operate a real estate operating company from the ground up. The firm acquires, repositions, and manages small-bay industrial assets across the Western United States, with roughly $100 million of industrial holdings in Southern California and Phoenix that support more than 140 businesses.
The organization follows a disciplined value-add investment strategy centered on strong basis, effective execution, downside protection, and durable relationships with capital partners. The Vice President of Asset Management & Operations will be responsible for driving asset-level execution across the portfolio and helping the platform grow.
Work environment
The team operates in a lean, entrepreneurial setting with minimal bureaucracy. The office is a walk-up location in downtown Solana Beach, directly across from the beach. The atmosphere is casual, but the expectations for performance, responsiveness, and stewardship are high.
The company places strong emphasis on protecting investor capital, delivering a strong tenant experience, and following through on commitments. Its investor base includes institutional partners, family offices, and high-net-worth investors who expect transparency and careful management.
You will work directly with the founder and engage across nearly every part of the business.
Core role
This is a hands-on operating role focused on turning property-level business plans into measurable results. You will oversee day-to-day execution across the portfolio and keep priorities moving through leasing, capital projects, property management oversight, budgeting, lender communication, reporting, and overall operating cadence.
The role involves regular interaction with property managers, leasing brokers, tenants, contractors, consultants, vendors, lenders, and capital partners. You should be ready to take ownership of those relationships quickly and with sound judgment.
This is not a layered asset management platform with large support teams. The person in this seat will own the work directly, manage details carefully, push follow-up, and create systems that improve scalability over time.
Example weekly work
- Lead a weekly leasing call and move an active deal toward execution.
- Evaluate and improve a unit renovation proposal from a value perspective.
- Meet with a property manager to review open items and operational priorities.
- Build or update a budget reforecast or portfolio-level update.
- Refresh an asset business plan based on leasing, capital activity, and market shifts.
- Review assumptions tied to a potential acquisition and test them thoroughly.
- Discuss portfolio performance with lenders or capital partners.
- Review vendor bids, insurance terms, leasing commission structures, and project budgets.
Acquisition exposure
In addition to asset management, you will also contribute to acquisitions through underwriting review, due diligence coordination, lease comparable analysis, business plan evaluation, broker discussions, and closing support. The role is primarily operational, but it offers meaningful exposure to new investment activity.
In the near term, the main focus is managing the existing portfolio. As the company expands, the role will grow to include greater involvement in acquisitions and in the broader decisions that shape the next phase of growth.
You should be comfortable building, reviewing, and adjusting financial models, testing assumptions, and applying investment judgment to acquisition decisions.
Why this opportunity stands out
The company already has an established portfolio, a defined strategy, and a track record in multi-tenant industrial. At the same time, the platform is still evolving, which gives this role a chance to help build the operating system rather than simply run within one.
This is an opportunity to take meaningful responsibility for how the portfolio is managed and to create value through assets, relationships, and decisions that support the company’s growth.
What succeeds here
Successful team members are proactive operators who solve problems without waiting for direction, take ownership naturally, and improve processes as they work. They are equally comfortable with detailed execution and broader judgment.
Small-bay industrial is highly operational. The work includes active leasing, unit turns, smaller capital decisions, tenant issues, vendor coordination, and persistent follow-through. In this role, those details are a direct driver of value creation.
The company values people who bring strong integrity, initiative, organization, ownership, humility, comfort with ambiguity, and a technology-forward mindset.
The team is actively using technology, workflow tools, dashboards, and AI to improve reporting, execution, and decision-making. This person will help shape how the business operates and scales.
Qualifications
The ideal candidate will likely bring at least 6 years of commercial real estate experience, along with relevant exposure to asset management or portfolio operations in an owner-operator environment. Direct responsibility for leasing, capital projects, tenant relationships, property management oversight, lender coordination, or similar functions is important.
Strong financial modeling, budgeting, and analytical skills are expected, along with excellent written and verbal communication abilities. Candidates should also be able to work effectively in a fast-moving entrepreneurial setting.
Industrial real estate experience is strongly preferred. Experience with Yardi is considered a plus.
Compensation
The base salary is $140,000 to $160,000, depending on experience. In addition, the role includes a performance-based bonus and participation in deal economics.
Location and travel
The company is based in Solana Beach, California, and this is an in-person position. The current portfolio is concentrated in Southern California and Phoenix, so travel to properties and meetings is expected.
Application instructions
Interested candidates should send a resume and a brief note explaining their interest in the role to the company email address provided in the original posting.