Lamar Advertising Company

Real Estate Manager

Lamar Advertising Company • $72K — $120K *
Phoenix, AZ 85032In-Person
Real Estate & Construction
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, real estate, or related field preferred; equivalent experience accepted.
  • 5 years of relevant experience in business or real estate preferred.
  • 3-5 years of experience in land acquisition and zoning required.
  • Knowledge of city/state codes and permitting processes essential.
  • Strong computer proficiency, including Microsoft Office and data management software.
  • Excellent communication and negotiation skills, with attention to detail.
  • Basic accounting skills necessary for accurate payment distributions.

Responsibilities

  • Manage and grow the real estate portfolio through strategic acquisitions.
  • Track and analyze operational data for lease agreements and properties.
  • Create market abstracts and evaluate zoning laws for developmental compliance.
  • Collaborate on data analysis for budget preparation and portfolio optimization.
  • Negotiate agreements with landowners and oversee due diligence processes.
  • Maintain relationships with governmental officials regarding zoning and permits.
  • Handle recordkeeping and ensure accurate processing of tax invoices.

Benefits

  • Monday-to-Friday, 8 am to 5 pm work schedule.
  • Generous paid time off (120 hours per year) and 12 paid holidays.
  • Career advancement and ongoing professional development opportunities.
  • Various medical plan options and health savings accounts available.
  • 401K plan with company matching contributions.
  • Paid parental leave and short/long-term disability coverage.
  • People-first culture promoting community involvement and employee feedback.
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 Phoenix, AZ has an amazing opportunity for you!

The purpose of the Real Estate Manager in Phoenix, Arizona 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.

This position may supervise administrative employees, depending on location needs.

What you can expect from us:

  • A Monday - Friday 8am - 5pm work schedule
  • A first-year earning potential of $80,000- $120,000 including commissions and bonus opportunities with an annual base salary of $72,000.
  • Both phone & auto allowance.
  • 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 the 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 & experience

  • Bachelor's degree is required, preferably in business, real estate, or another related field.
    • In lieu of a bachelor's degree, 7 years of experience in business, real estate, or another related field is preferred.
  • 5 years of experience in business, real estate, or another related field is preferred with a degree.
  • 3-5 years of experience in land acquisition, zoning, and land use planning is preferred
  • A current and valid driver's license is required.
  • A real estate license is preferred
  • Or other equivalent combination of education and experience.

A day in the life

  • 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 the annual real estate budget, along with continuously identifying and developing strategies to address underperforming assets.
  • Responsible for strategic planning, development, and execution of the 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 the 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.
  • Responsible for entering, maintaining, and routinely auditing data, reports, and electronic files to ensure accurately
  • 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.
  • 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.
  • Serve as the primary contact and liaison between internal company departments and landowners to ensure continued access to the company's signs and resolve any appearance or vegetation issues.

Physical demands & 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
Business Services
Net Income
$243.3 million
Founded
1902
5 Year Trend
+3.6%
Revenue
$1.5 billion
NASDAQ
LAMR
* Ladders Estimates

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