Real Estate Portfolio & Construction Senior Manager

About IEM

Industrial Electric Mfg. (IEM) is the largest independent full-line manufacturer of custom power distribution systems in North America. Founded more than 75 years ago in Fremont, California, IEM grew alongside Silicon Valley and today operates over 1.7 million square feet of manufacturing capacity. With $1B+ in annual sales and 10,000+ commissioned projects across technology, data centers, commercial, energy, utilities, healthcare, industrial, and infrastructure markets, IEM continues to deliver exceptional product quality, dependable service, and the flexibility to meet complex technical requirements at scale.

Real Estate Portfolio & Construction Senior Manager is responsible for the strategic and day-to-day oversight of the multi-building real estate portfolio, including operational assets and active tenant improvement (TI) and capital construction projects. This role leads portfolio performance, capital planning, construction delivery, vendor management, cross functional coordination to ensure assets operate efficiently, projects are delivered on time and on budget, and tenant and stakeholder expectations are met.

• Oversee operational performance of a multi-building real estate portfolio, ensuring assets meet financial, operational, and compliance objectives
• Partner with property management teams to monitor building operations, maintenance, life safety, and service levels
• Develop and manage annual operating budgets, capital expenditure (Capex) plans, and long-range asset strategies
• Analyze building performance, operating expenses, and capital ROI to support executive decision-making
• Ensure compliance with lease obligations, local codes, safety regulations, and sustainability standards

• Lead planning and execution of tenant improvement (TI) and capital construction projects across the portfolio
• Oversee project scope development, budgeting, scheduling, and delivery from concept through closeout
• Manage architects, engineers, general contractors, and owner’s representatives
• Review and approve construction contracts, change orders, pay applications, and project closeout documentation
• Ensure projects are delivered on time, within budget, and in alignment with lease requirements and company standards
• Coordinate with leasing, legal, finance, and property management teams during TI execution

• Develop multi-year capital plans aligned with portfolio strategy and building lifecycle needs
• Prepare and manage annual Capex and TI budgets across all properties
• Track and report on capital spend, forecast, variances, and identify cost-saving opportunities
• Support acquisition, disposition, or redevelopment due diligence as required

• Select, negotiate third party vendors, consultants and contractors
• Establish and enforce portfolio-wide standards for construction, design, and building systems
• Serve as primary point of contact for senior internal stakeholders on portfolio and construction matters
• Maintain strong relationships with tenants, brokers, lenders, and municipal authorities as needed

• Lead and mentor internal staff, including project managers or facilities personnel
• Create executive level reporting on portfolio performance, construction progress, risks, and opportunities
• Identify and mitigate operational, financial, and construction related risks across the portfolio
• Drive continuous improvement in processes, documentation, and portfolio management systems

• Strategic portfolio thinking
• Construction and project execution
• Financial acumen and cost control
• Negotiate and contract management
• Risk Management
• Leadership and cross functional collaboration

This role may lead up to 2 other roles.

• Bachelor’s degree in business, Real Estate, Finance, Architecture, Engineering, or related field
• 10+ years of experience in corporate real estate portfolio management, construction management, or capital projects
• Proven experience managing multiple operating assets and concurrent construction/TI projects
• Strong…