RESPONSIBILITIES
Works to understand the local business objectives and ensure the team collaborates and supports Business Lines by using research to drive client-based initiatives. The role will encompass certain regular tasks around the collection and analysis of core data, as well as a range of activities that contribute to and support the teams production and delivery of research material.
ESSENTIAL DUTIES AND RESPONSIBILITIES
* Regularly participates in pitch kickoff meetings and collaborates with marketing/business development for proposal/RFP submissions. Also, collaborates extensively with mapping/GIS. May be part of the CBRE team delivering the pitch to the client in some cases.
* Regularly provides market updates and market activity snapshots to producers during market meetings.
* Directly responsible for delivery of standard Field Research outputs such as MarketViews, MarketFlashes, market overviews etc.
* Oversees the collection and analysis of market information including comps, tenants in the market, building stacks, availabilities, development information, etc.
* Regularly engages with market leaders and key brokers to get feedback on research support at the point of sale and identify areas of improvement.
* Typically, directly responsible for supervising the work of one or more analysts.
* Performs other duties as assigned.
SUPERVISORY RESPONSIBILITIES
Provides supervision to individual employees within single functional or operational area. Approves subordinate's recommendations for staff recruitment, selection, promotion, advancement, corrective action and termination. Effectively recommends same for direct reports to next level management for review and approval. Plans and monitors appropriate staffing levels and utilization of labor, including overtime. Prepares and delivers performance appraisal for staff. Mentors and coaches team members to further develop competencies. Leads by example and models behaviors that are consistent with the company's values.
QUALIFICATIONS
EDUCATION and EXPERIENCE
Bachelor's degree from a four-year college or university, preferably in Real Estate, Economics, Finance, Geography, and a minimum of 4 years related experience and/or training; or equivalent combination of education and experience. Master's degree preferred.
5+ years of experience in commercial real estate role ideally managing a team of researchers supporting the point of sale.
CERTIFICATES and/or LICENSES
None.
COMMUNICATION SKILLS
Ability to comprehend, analyze, and interpret the most complex business documents. Ability to respond effectively to the most sensitive issues. Ability to write reports, manuals, speeches and articles using distinctive style. Ability to make effective and persuasive presentations on complex topics to employees, clients, top management and/or public groups. Ability to motivate and negotiate effectively with key employees, top management, and client groups to take desired action.
FINANCIAL KNOWLEDGE
Requires in-depth knowledge of financial terms and principles. Ability to calculate complex figures. Ability to forecast and prepare budgets. Conducts financial/business analysis including the preparation of reports.
REASONING ABILITY
Ability to solve advanced problems and deal with a variety of options in complex situations. Requires expert level analytical and quantitative skills with proven experience in developing strategic solutions for a growing matrix-based multi-industry sales environment. Draws upon the analysis of others and makes recommendations that have a direct impact on the company.
OTHER SKILLS and ABILITIES
Advanced experience with Microsoft Office Suite
Knowledge of real estate terms, definitions, and real estate analytical methodology.
Knowledge of Company research systems as well as internal and external information sources
SCOPE OF RESPONSIBILITY
Decisions made with in-depth understanding and interpretation of procedures, company policies and business practices to achieve general results. Responsible for setting department deadlines. Errors in judgment may cause long-term impact to co-workers, supervisor, department and/or line of business.
Los Angeles, CA
CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. It operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Management; and Development Services segments. The company offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing; integrated property sales, and mortgage and structured financing services under the CBRE Capital Markets brand; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting.
It also provides facilities management, project management, transaction management, and strategic consulting services to occupiers of real estate; and property management services comprising construction management, marketing, building engineering, accounting, and financial services for owners of and investors in office, industrial, and retail properties. In addition, the company provides investment management services under the CBRE Global Investors brand to pension funds, insurance companies, sovereign wealth funds, foundations, endowments, and other institutional investors; and development services under the Trammell Crow Company brand name primarily to users of and investors in commercial real estate. CBRE Group, Inc. was founded in 1906 and is headquartered in Los Angeles, California.