Acquisitions and Leasing Manager
6 days ago
**Marketing Statement**:
A career at TransLink and our family of companies means working with people with a wide range of skills and perspectives, all teaming up towards a common goal: preserving and enhancing the region's world-envied quality of life. Together, we connect the region and enhance its livability by providing a sustainable transit and transportation network, embraced by our communities and people.
At TransLink we are dedicated to building a workforce that reflects the diversity of the communities in which we live. We’re committed to fostering an inclusive, equitable and accessible workplace, recognizing the unique value and skills every individual brings.
Looking for a great place to work where your contributions are valued and you can make a difference in a vibrant city? At TransLink, one of BC’s Top Employers, you'll help make Metro Vancouver a better place to live, built on transportation excellence. Put your future in motion
**Responsibilities**:
PRIMARY PURPOSE
Manages negotiation and execution of leases, acquisitions, expropriations, expropriation claims and other real estate transactions for operations and major capital projects within the TransLink enterprise.
KEY ACCOUNTABILITIES
Represents TransLink enterprise in the negotiation and execution of leases, acquisitions, expropriations, and other real estate transactions for operations and major capital projects; develops short
- and long-term business plans related to properties.
Participates in development of Real Estate strategies including acquisitions and site strategies, risk mitigation strategies and implements them across the TL property portfolio. Prepares and implements expropriation and expropriation claims strategy that includes litigation and court testimonies and provides direction to legal counsel towards expropriation contracts and settlements where necessary.
Undertakes all aspects of major capital project real estate needs such as pre-project strategy development, planning, business valuation, temporary & permanent acquisition requirements, business loss estimates, development potential recoveries and ensures project delivery and close out including strategy implementation, public consultation and outreach, expropriation, acquisitions, procurement of permits, licenses and obtaining expert opinions, expropriation claims settlements and recoveries.
Plans, manages and delivers upon TransLink’s leasing portfolio needs including strategy development, needs analysis, negotiation strategy, and optimization opportunities. Manages and monitors acquisitions & leasing policies, processes and procedures ensuring they are current and researches & implements industry best-practices where applicable. Prepares reports, analysis and presentations for Senior Management and Executive upon which Board decisions may be based.
Executes contracts and commercial agreements; approves expenditures within authority limits, ensuring adequate documentation. Manages and enforces contract terms with third parties; and acts as single point of contact for commercial and contractual matters. Supports internal stakeholders on commercial and contractual matters, before, during and after implementation.
Works with internal stakeholders to identify potential real property sites & opportunities for acquisition, license or lease and develops solutions or partnerships to leverage TransLink’s property assets and mitigate related risk. Evaluates project specific opportunities, within established project portfolio priorities with a view to maximizing commercial value and lowering costs; develops related business cases and work plans for review and approval by Senior Management and Executive.
Establishes and manages relationships with external stakeholders (including local governments) to establish commercial frameworks, manages diverse positions/opinions and competing priorities within time and scheduling constraints. Develops mid
- to senior
- level professional relationships with counterparties and government agencies/corporations.
**Qualifications**:
EDUCATION AND EXPERIENCE
The competencies for this position would typically be acquired through a Bachelor’s degree (Business, Accounting, Urban Land, Finance or related discipline), plus seven (7) years’ experience in progressive levels of responsibility in negotiating and managing complex real estate transactions.
OTHER REQUIREMENTS
Industry related certification (e.g. AAIC / IRWA / RIBC) are preferred.
Advanced working knowledge of principles, practices and processes of leasing, right of way, property and task management, land economics, interest and real estate valuation, land title and rights registry, legal survey fundamentals, legislative frameworks, statutes and acts (including Expropriation Act).
Advanced knowledge of the methods, best-practices, and techniques of negotiating, managing and administering real property contracts with third parties.
Solid knowledge of real estate developm
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