Associate, Asset Strategy & Development

Overview

About the Asset Strategy & Development Team

Asset Strategy & Development (AS&D) provides a dual role. First, AS&D manages the day-to-day operations of the assets within the Core portfolio, while simultaneously leading the firm's property development efforts in this same portfolio. AS&D's focus areas include spearheading the internal cross functional team and external project resources, as well as representing WS in all regulatory permitting efforts before federal, state, and local agencies. AS&D is responsible for identifying both external risks (ex. regulatory, title, environmental, competitive) and business risks associated with new projects and developing strategies to avoid or mitigate those risks, managing the property to maximize its value proposition in the eyes of Tenants and other key stakeholders, and delivering financial efficiency to ordinary operations and capital expenditure projects.

The Position

The Associate is an integral member of the Asset Strategy & Development team reporting to a senior leader within AS&D. This role will work within assigned teams, providing overall property support and ensuring project success.

The Associate will work with their property team to oversee the day-to-day management of a portfolio of existing and evolving assets, including coordinating with outside vendors to perform property services, and monitoring these vendors to ensure that they are performing their duties in accordance with their contract and WS's standards. The individual in this role will help manage the Company's relationship with operating tenants, including solving problems, answering routine questions and understanding their leases to determine responsibility of non-recurring problems or issues. The Associate will have exposure to projects where a senior leader will engage with municipalities, government agencies/authorities, insurance companies, etc. to satisfy the requirements for properties relating to life safety, regulatory compliance, and industry-leading asset management practices, etc.

The Associate will also be responsible for assisting with a varying portfolio of projects, will help with the completion of key project deliverables and will help manage the day-to-day aspects of these projects and drive them to success. Responsibilities will include: coordinating with outside project consultant teams, assisting a senior leader as they lead permitting, regulatory, and community matters related to the project, compiling comprehensive documentation of critical project information, providing detailed planning of project activities and team priorities, providing general project management support, and making project recommendations to Senior Leadership.

This position assists in the creation of each property's annual operating budget and a 5-year capital budget for submission to Senior Leadership. The Associate will work with their property/project team to coordinate capital construction projects of all types and sizes within existing assets.

What We Are Looking For

Team Player: WS is a vertically integrated firm, and the Associate will work in support of a senior leader of AS&D, and alongside Construction, Tenant Construction, Leasing, Design, Marketing, Accounting, and Finance on solutions to each challenge throughout the project. We are looking for candidates who excel at organizing, communicating, and managing complex details while preserving an awareness of big-picture project goals, and who are strong collaborators and thrive working in a team-oriented environment.

Passion: Our people are passionate about our industry and our projects. The ideal candidate will be ambitious and intellectually curious in the business and have an appreciation for the scale and impact of the firm's projects.

Ownership: The ideal candidate will bring a sense of urgency surrounding project deadlines and responding to project tasks and deadlines in a timely manner, and will treat each property as their own, caring about the quality and outcome in driving each project to completion.

• An ideal candidate will thrive working in a team-oriented environment and will work collaboratively to deliver solutions. We are seeking people who have demonstrated the ability to deliver quality work and consistently meet deadlines.

• A Bachelor's degree, ideally in Engineering, Architecture, Construction Management, Real Estate Management, or related field.

About WS Development

Massachusetts-based WS Development is a mixed-use developer with a singular mission: creating places people want to be. With an approach that values art, science, innovation and, above all else, people, WS strives to engage each community it serves with best-in-class experiences, designed with our customers, tenants and partners in mind. Established in 1990, WS is one of few vertically-integrated real estate companies that conceptualizes, owns, operates and leases more than 100 properties that range from cutting-edge urban spaces to lifestyle and community centers. With over 22 million square feet of existing space and an additional nine million square feet under development, it is one of the largest privately-owned development firms in the country.

WS is where great ideas and great people come together to design, build, and operate some of the best loved real estate projects in the country. We live at the intersection of entrepreneurship and establishment. We have the infrastructure of decades supporting a culture of free-thinking excellence.

We expect every WS employee to feel welcomed and valued irrespective of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, veteran status, marital status, parental status, cultural background, and life experiences. Or for any other reason.