Associate, Asset Management

Job Summary:Innovative Industrial Properties is seeking a driven and analytically strong real estate professional to joinits Asset Management team. Reporting to the Director, Asset Management, the Associate will help drivethe financial and operational performance of the Company’s existing real estate portfolio and executeasset-level strategies across leasing, capital planning, dispositions, tenant oversight and portfolioreporting. The candidate will be asked to support all team members within the company, on an as-neededbasis and with all aspects of the company’s business.Key Responsibilities/Duties:Support leasing, dispositions, capital investment and asset-level business plans for the Company’s existing portfolioExecute on underwriting efforts for prospective tenants and perform ongoing credit analysis of existing tenantsBuild and maintain asset-level financial models, forecasts, periodic reportingMaintain and update portfolio-level materials and key portfolio metrics, including assisting with quarterly earnings materialsProvide support for preparation of materials for the company’s Board of Directors and Management Investment Committee, as neededCoordinate with Accounting, Legal, Property Management, Construction and other internal teams to execute asset-management initiativesPerform industry, property, market and tenant research to support portfolio decisionsProvide other support on recurring or ad hoc projects as neededJob Specifications/Work Experience/Skill Requirements:Bachelor’s degree in finance, real estate, economics, accounting or a related fieldMinimum 5 years of experience in commercial real estate, asset management, finance, investment banking, private equity, or related industryStrong understanding of commercial real estate, financial statements, and real estate underwritingAdvanced financial-modeling experience requiredExperience with industrial and/or retail real estate, including familiarity with regulated industries or specialized-use assets, strongly preferredStrong communication and presentation skillsHighly organized and detail-oriented, with the ability to manage multiple priorities and deadlines in a fast-paced, team-oriented environmentAbility to independently advance workstreams and self-review workExpert working knowledge of Excel and PowerPointPhysical Requirements and Work Environment:Requires ability to safely and successfully perform the essential job functions, including meetingqualitative and/or quantitative productivity standards. Reasonable accommodations may be made toenable individuals with disabilities to perform the essential functions. Ability to maintain regular, punctualattendance. While performing the duties of this job, the employee is frequently required to sit, talk, listen,and speak clearly on the telephone. The employee is frequently required to stand, walk, bend, and usehands to type data, use telephone and reach with hands and arms. The employee must occasionally liftand/or move up to fifteen (15) lbs. Specific vision abilities required by this job include close vision andthe ability to adjust focus. The noise level in the work environment is usually low. The employee may berequired to travel, however will primarily work at the company’s corporate offices in San Diego, California.Monday-Thursday are in-office for collaboration, with the opportunity to work remotely on Friday.