Boston Properties Limited Project Manager in San Francisco, California
Project Manager, Development
- Coordinate and supervise the management of various elements of assigned commercial real estate development projects.
Provide direction and coordinate elements of the development process from project inception through completion and the subsequent turnover to Property Management,including financial analysis and modeling, site acquisition, due diligence, zoning, legal document review, budgeting, construction and design.
The Project Manager will prepare detailed financial analyses and models including those for transaction underwriting and return on investment analysis, and will provide key takeaways to business units, corporate finance, and senior management. The Associate will also provide timely explanations of variances between actual results and forecasts/budgets.
Coordinate the work of the BXP internal team (Leasing, Legal, Construction, Finance, Accounting, and Property Management) both within Boston Properties and with outside consultants.
Create and maintain budgets and economic models for potential acquisitions and development projects.
Participate in the due diligence process and evaluation of proposed developments and existing building acquisitions.
Assist in maintaining and insuring that the project budget is achieved.
Coordinate and participate in the various aspects of the permitting/entitlement process, including attending and representing Boston Properties at appropriate public boards and hearings.
Coordinate the work of the tenant design team.
Coordinate the preparation of the design and construction schedules.
Coordinate project design with contractor pre-construction services.
Review and approve all project invoices, including design services and construction requisitions.
Oversee design and construction progress meetings.
Assist in the preparation, negotiation and execution of all project legal documents and contracts.
Assist in the leasing of projects, including participation in tenant showings, proposal preparation, tasks related to the consummation of a business agreement, the negotiation of tenant leases, and the development of tenant work letters.
Prepare budgets, review monthly requisitions and other financial requirements of construction and other lenders.
Provide timely and accurate project financial information to the Capital Markets group for capital budgeting and earnings projections.
Produce and maintain the various project information and reporting requirements of the Development Status Database, including the Status Report, PCR budgets, and Capital requirements.
Prepare periodic case studies to inform/discuss various “lessons learned” with internal departments.
Participate in real estate industry groups.
Perform duties as assigned.
Requirements and Qualifications:
A BA/BS degree required with a concentration in a real estate related field preferred.
Masters in Business Administration or Masters in Real Estate Development preferred.
A minimum of 2-5 years of progressively responsible real estate development, private equity, finance, project management or management consulting experience preferred.
Strong analytical and problem-solving skills.
Excellent verbal and written communication skills.
Ability to handle multiple tasks simultaneously while under pressure.
Ability to interact with co-workers, contractors, tenants, and/or vendors in an articulate, courteous, and business-like manner at all times.
Ability to produce quality work in consistent manner.
Ability to manage complex, multifaceted projects and teams.
Strong negotiation and conflict-resolution skills.
Ability to produce quantity of work necessary to complete assigned tasks in a timely manner.
Self-motivated with the ability to work independently or to work as part of a team.
Adaptability to changing demands.
Proficiency in Microsoft Word and Excel.
Involves work of a general office nature usually performed sitting such as operation of a computer.
Involves work of a general office nature usually performed standing such as operation of a fax and printer.
Involves work such as tours throughout property portfolio, including to construction sites, usually performed by walking and by climbing stairs.
Involves movement between departments to facilitate work.
Involves lifting plans or boxes of 25 pounds or more occasionally.
Type Regular Full Time
Building City & State San Francisco, CA
Standard Hours 40
Boston Properties is an Equal Opportunity & Affirmative Action Employer.