Transformation Media is a regional leader in outdoor advertising, operating over 600 outdoor advertising displays in ten states. Transformation Media is a division of 84 Lumber Company, the nation’s largest privately-held supplier of building materials. 84 Lumber was named as one of Forbes “Best Larger Employers” in 2019. For more information, please visit Transformationmedia.com and 84lumber.com

Description/ Job Summary

The Real Estate Manager’s role is to identify and develop new billboard sites and manage the company’s existing portfolio of leases. This includes working with landowners in proposing and negotiating equitable agreements. In addition, the Real Estate Manager is responsible for all permitting related to the operation of the assets and vegetation maintenance.

Essential Duties and Responsibilities

  • Negotiate new leases and renew existing leases
  • Identify and evaluate potential new build locations
  • Monitor zoning requirements and sign ordinances; assess their impact upon Transformation Media’s business interests
  • Investigate and resolve lessor complaints and issues including property owner changes, securing deeds, W-9’s and memorandums when needed
  • Negotiate rent reductions, complete site acquisitions, construct new builds and manage structure removals consistent with budgeted targets
  • Manage the Lease Management system within TM’s software system
  • Secure and manage structure and vegetation permits
  • Evaluate and approve lease payables

Qualifications

  • Negotiating favorable lease terms
  • Managing, and if applicable, reducing lease rental cost
  • Reviewing, inspecting, evaluating lease sites, structures
  • Knowing the market, demographics, streets, retail and commercial centers, etc.
  • Writing persuasive business letters to lessors, governmental agencies and other interested parties
  • Working with legal counsel in all matters involving restrictive zoning, takings, lease contract violations and other issues as required
  • Prepare and file for permits and certificates necessary for statutory compliance
  • Manage lease payables and percentage override rents

Preferred Experience

  • Two years of experience in outdoor advertising real estate or three years of experience in commercial real estate, appraising or similar combination of education and training
  • Bachelor’s degree preferred
  • Read and comprehend complex correspondence; write concise, persuasive business correspondence
  • Excellent communication skills

Travel

Occasional travel may be required.

Benefits

84 Lumber offers a comprehensive benefits package including; paid time off, medical, dental, vision plans and a 401K retirement programs.

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