What are the responsibilities and job description for the Summer Associate position at Boston Properties?

Job Description

Overview :

Boston Properties (NYSE : BXP) is the largest publicly traded developer, owner, and manager of Class A office properties in the United States, concentrated in six markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. The Company is a fully integrated real estate company, organized as a real estate investment trust (REIT), that develops, manages, operates, acquires, and owns a diverse portfolio of primarily Class A office space. Including properties owned by unconsolidated joint ventures, the Company's portfolio totals 52.5 million square feet and 202 properties, including nine properties under construction / redevelopment. BXP's commitment to sustainable development and operations has been recognized by numerous industry groups. The Company recently earned a tenth consecutive "Green Star" recognition in the 2021 Global Real Estate Sustainability Benchmark (GRESB®) assessment and a GRESB 5-star rating. The Company has been a leader in green building and has certified 27 million square feet of its current in-service portfolio at the highest LEED certification levels of Gold and Platinum. In 2021 BXP was named an ENERGY STAR Partner of the Year - Sustained Excellence Award Winner. BXP has publicly announced sustainability goals and has implemented energy conservation projects and other measures in actively managed office buildings that have reduced greenhouse gas emissions intensity by 70% and site energy use intensity by 27% since 2008. BXP has also aligned its emissions reduction targets with climate science and became the first North American office REIT to establish an emissions reduction target ambition in line with a 1.5°C trajectory, the most ambitious designation available at the time of submission under the Science Based Targets initiative. Earlier this year, BXP affirmed its commitment to achieving carbon neutral operations by 2025.

At BXP, we shape great spaces and places, developing state-of-the-art headquarters, workplaces, and destinations for forward-thinking companies and communities. Founded in 1970, our continued success is based on trust, a reputation for excellence, and cultivating a team of changemakers, visionaries, and inspiring people.

Primary Purpose of Position :

Assist Project Managers with the coordination of all aspects of commercial real estate development projects and complete certain assignments as determined by the Regional Development Teams. Specific Regional location to be determined based on business needs.

We are currently hiring for three positions based at our offices in Boston, MA, Washington, DC, and Los Angeles, CA.

Essential Functions :

Assist one or more Project Managers in coordinating the development process for a property or properties under development. Depending on the stage(s) of the project(s), activities may include assisting a Project Manager with the following :

Creation or maintenance of a project development schedule.

Preparation of budget models for acquisition or development.

Assistance with the due diligence process for an acquisition.

Participation in design meetings with the architects and engineers.

Negotiation of project legal documents and contracts.

Participation in marketing / leasing strategy sessions.

Negotiation of lease documents.

Attendance at Tenant meetings.

Participation in pricing exercises with the general contractor.

Attendance at weekly construction progress meetings.

Assist Project Manager(s) in coordinating the interface between the leasing, legal, construction and property management groups within Boston Properties and with outside consultants. Gain exposure to these internal departments and understand their roles and contributions to the development process.

Non-Essential Functions :

Perform other duties as assigned.

Requirements and Qualifications :

Bachelor's degree required.

Currently enrolled in a Master's degree program in Business Administration, Real Estate, or a related field.

2-5 years of real estate or related project management experience preferred.

Strong analytical and interpersonal skills.

Excellent verbal and written communication skills.

Ability to produce quality work in a consistent manner.

Ability to work independently, as well as part of a team.

Adaptability to changing demands.

Ability to handle multiple tasks simultaneously while under pressure.

Ability to interact with coworkers, contractors, tenants, and / or vendors in an articulate, courteous, and business-like manner at all times.

Results oriented.

Self-motivated with the ability to work independently or to work as part of a team.

Advanced proficiency in Microsoft Excel, PowerPoint, Word, and Outlook.

Proficiency in financial modeling, design software (e.g. Adobe Creative Suite, SketchUp, Bluebeam Revu, AutoCAD, etc.), and / or ability to interpret and markup construction drawings preferred, but not required.

Physical Requirements :

Involves work of a general office nature usually performed sitting such as operation of a computer.

Involves work of a general office nature usually performed standing such as operation of a printer.

Involves movement between departments to facilitate work.

Involves work such as tours throughout property portfolio, including to construction sites, usually performed by walking and by climbing stairs.

May be occasionally required to move / lift up to 25 lbs.

Internal and External Contacts :

This position will communicate regularly with various Boston Properties employees and vendors.

50.00 / hour.

BXP is an Equal Opportunity Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, gender, gender identity or expression, sexual orientation, religion, age, national origin, disability, marital status, protected veteran status, genetic information or any other legally protected characteristic.

Salary : $50

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