Lamar Advertising Company

Real Estate Manager

Lamar Advertising Company$70K — $95K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of relevant experience in real estate, land acquisition, or a similar field.
  • Bachelor's degree preferred; equivalent experience in lieu of degree accepted.
  • Strong knowledge of city and state regulations, zoning laws, and permitting processes.
  • Excellent communication skills, particularly in negotiation and relationship building.
  • Proficient in Microsoft Office Suite and able to learn job-specific software quickly.
  • Detail-oriented with basic accounting knowledge for accurate management of payments.
  • Ability to manage multiple tasks in a fast-paced environment.

Responsibilities

  • Oversee procurement and growth of the company's real estate portfolio.
  • Analyze operational data and oversee lease agreements and owned properties.
  • Create strategic market analyses to identify growth opportunities.
  • Negotiate agreements with landowners for new or existing properties.
  • Coordinate due diligence and purchase process for property acquisitions.
  • Maintain relationships with governmental officials related to zoning and permitting.
  • Supervise administrative staff and maintain accurate real estate documentation.

Benefits

  • Monday-Friday, 8 a.m.-5 p.m. work schedule.
  • 120 hours of paid time off (increasing with tenure).
  • 12 paid company holidays including Presidents Day and Juneteenth.
  • Career advancement and continuous professional development opportunities.
  • Multiple health insurance plan options and HSA contributions.
  • Short and long-term disability coverage, plus paid parental leave.
  • 401K plan with company match and wellness program cash rewards.
Full Job Description
Do you have a knack for communication and negotiation? Do you have experience in real estate or land acquisition? If so, Lamar Advertising of Nashville, Tennessee has an amazing opportunity for you! The purpose of the Real Estate Manager in Nashville, TN is to oversee all real estate-related functions and activities necessary to profitably secure, maintain and grow the company's real estate portfolio of leased and owned properties in a manner consistent with Lamar's business practices. The primary duty of the Real Estate Manager is the purchase and procurement of real estate to grow and maintain Lamar's real estate portfolio and enable Lamar to continue to grow and sell
advertising. This position oversees all real estate functions, ensuring profitability and growth in line with Lamar's business practices.

What you can expect from us:

  • A Monday-Friday, 8a-5p work schedule
  • 120 hours of paid time off (PTO) that increases with tenure
  • 12 paid company holidays including Presidents Day and Juneteenth
  • Career advancement opportunities
  • Ongoing professional development and internal leadership programs to maximize your career potential
  • Multiple medical plan options and health savings account
  • Hospital, Accident, and Critical Illness coverage
  • Dental and vision insurance
  • Short and long-term disability and paid parental leave
  • 401K plan with company match
  • Up to $1,200 value in employer-paid HSA contributions and cash rewards for engaging in our wellness program
  • A people-first culture that invests in connection, community involvement, and transparency around employee feedback

What we are looking for in YOU:

  • Ability to know and understand city and state codes/regulations (as applicable), related maps for all jurisdictions within the designated market area, and an understanding of the permitting and variance process for each jurisdiction.
  • Must be able to work in a fast-paced environment, possessing the ability to juggle multiple competing tasks and demands while establishing priorities to meet deadlines.
  • Must have strong computer skills in Microsoft Office (Word, Excel, PowerPoint, Adobe, etc.), web applications, and the ability to quickly and easily learn job related computer programs.
  • Work requires an excellent command of the English language to correspond and communicate on a one-to-one basis using appropriate vocabulary and grammar to obtain information, explain policies and procedures, and negotiate with lessors.
  • Skill in speaking with persons of various social, cultural, economic, and educational backgrounds.
  • Must possess attention to detail in composing, typing and proofing materials
  • Must have knowledge of basic Accounting skills and practices to ensure accurate payment distributions.
  • Ability to operate within a set yearly budget.
  • Ability to establish and maintain cooperative working relationships, both internally and externally.
  • Ability to handle confidential information and situations.


Education and Experience:

Required:

  • High school diploma or equivalent.
  • Bachelor's degree.
  • Current and valid driver's license.
  • 5 years of experience in business, real estate, or another related field.
  • In place of a bachelor's degree, 7 years of experience in business, real estate, or another related field.
  • Or other equivalent combination of education and experience.


Preferred:

  • Bachelor's degree in business, real estate, or another related field.
  • 3-5 years of experience in land acquisition, zoning, and land use planning.


Please note: Upon submitting your application, you will be asked to complete an 8-15 minute personality assessment. This assessment compares your professional soft skills to the skills required for success in this role. Please answer honestly; this is not a test! Not completing this assessment could result in disqualification from consideration for this position.

Candidates with a disability in need of an accommodation to fulfill our application requirements should email [redacted].

A day in the life:

Portfolio Management/Market Review

  • Responsible for using discretion, independent judgment, and own research and analysis to determine which real estate assets to add to Lamar's portfolio and how to profitably maintain and grow Lamar's real estate portfolio.
  • Responsible for monitoring, tracking, and analyzing critical operational data and dates associated with numerous land lease agreements, owned properties, and other real estate assets.
  • Responsible for creating and maintaining an up-to-date market abstract by identifying areas for growth or relocation of existing assets through documentation and analysis of current zoning laws that meet the criteria for permitting as required by the appropriate jurisdiction.
  • Responsible for monitoring competitor activity and permitting practices.
  • Collaborate with local managers to conduct strategic data analysis using monthly, quarterly and annual data reports and portfolio summaries to evaluate and ensure optimization and profitability of the real estate portfolio. This includes preparation and tracking of annual real estate budget, along with continuously identifying and developing strategies to address underperforming assets.


Active Negotiation/Purchase Process

  • Responsible for strategic planning, development, and execution of lease and/or purchase strategies through operational, financial, and organizational analyses.
  • Develop and maintain productive professional relationships with landowners to facilitate desired agreements and serve in a lead capacity as point of contact for negotiation and conflict resolution.
  • Responsible for preparing, presenting, and negotiating agreements with landowners, their agents, or representatives for the purpose of securing new or existing real estate assets.
  • Responsible for coordinating and overseeing the due diligence and purchase process for approved easement and land purchases.


General Administration

  • Responsible for entering, maintaining, and routinely auditing data, reports, and electronic files to ensure accurate Accounting, recordkeeping, and file management within various internal software applications.
  • Establish, develop, and maintain productive and professional relationships with existing and potential landowners, and serve as the main point of contact for all real estate-related matters.
  • Responsible for ensuring receipt, verification, and the timely processing of real estate tax invoices for company-owned real and personal property.
  • Responsible for monitoring, tracking, calculating and issuing monthly and/or annual percentage/overage payments and applicable Consumer Price Index (CPI) adjustments.


Government Relations/Regulations

  • Establish, develop and maintain a professional relationship with all key governmental officials and personnel vital to planning, zoning, permitting and inspections.
  • Responsible for maintaining an accurate record of state and local zoning ordinances and monitoring any proposed zoning applications or changes.
  • Responsible for preparing, submitting, securing, renewing and maintaining all applicable governmental approvals including, but not limited to, variances, construction, vegetation, and conditional use permits associated with new or existing sign sites.


Property/Structure Maintenance

  • Serve as the primary contact and liaison between internal company departments and landowners to ensure continued access to the company's signs and resolving any appearance or vegetation issues.


Location-Specific Essential Functions and Responsibilities:

  • This position may supervise 1 - 2 administrative employees, depending on the location's needs.


Physical Demands and Work Environment

  • The primary work environment for this position is an office however driving in the field is also required.
  • The physical demands for this position include light lifting, seeing (with a focus on reading, acuity, depth perception, and peripheral vision), sitting more than 50% of the time, standing, stooping, talking, turning, and walking.
  • Nights spent traveling, away from home, are less than 10%.

About Lamar Advertising Company

Lamar Advertising is an outdoor advertising company which operates billboards, logo signs, and transit displays in the United States and Canada. The company was founded in 1902 by Charles W. Lamar and J.M. Coe, and is headquartered in Baton Rouge, Louisiana. The company has over 200 locations in the United States and Canada. They have reportedly more than 325,000 displays across the USA. Lamar Advertising Company became a real estate investment trust in 2014. Lamar Advertising Company was founded in 1902 by J.M. Coe and Charles W. Lamar. The Company became independent under its current name in 1908 in Pensacola, Florida, when Charles W. Lamar, Sr. and J.M. Coe decided to dissolve their three-year partnership using a coin toss to divide their assets. The Pensacola Opera House and the Pensacola Advertising Company that was created to promote it were to be divided between the two men. Charles W. Lamar lost the toss and was left with the less-lucrative poster company, which he renamed the Lamar Outdoor Advertising Company. The Pensacola Opera House was destroyed during Hurricane Four of the 1917 Atlantic Hurricane season, with the Saenger Theatre later built on the site. In 2004, Lamar acquired Obie Media Corporation of Eugene, Oregon, adding 250 faces to its Washington and Idaho regions.
Learn more about Lamar Advertising Company
Size
3,350 employees
Market Cap
$9.4 billion
Industry
Net Income
$243.3 million
Founded
1902
5 Year Trend
+3.6%
Revenue
$1.5 billion
NASDAQ

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