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.
Position Summary
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.
Key Responsibilities
Portfolio & Asset Management
- 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
Construction & Tenant Improvements
- 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
Capital planning & Budget Management
- 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
Vendor & Stakeholder Management
- 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
Leadership & Reporting
- 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
Key Competencies
- Strategic portfolio thinking
- Construction and project execution
- Financial acumen and cost control
- Negotiate and contract management
- Risk Management
- Leadership and cross functional collaboration
Supervision
This role may lead up to 2 other roles.
Qualifications
Required
- 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 understanding of building systems, construction delivery methods and real estate financials
- Demonstrate success managing budgets, schedules, and vendor relationships
- Excellent communication and stakeholder management skills
Preferred
- Expertise in office, mixed-use, industrial, or retail portfolios
- Familiar with Yardi, MRI, Procore, or similar property/construction management systems
Location
- The position would work in Fremont, California or be fully remote, but may require regular travel to IEM facilities, potential sites, supplier sites, compliance audits or conferences.
- This role is not currently open to applicants who reside in or plan to work from the state of Florida.
Why Join IEM
At IEM, you’ll join a team that powers some of the world’s most ambitious projects. We’re engineers, makers, and problem-solvers who thrive on tackling complex challenges and delivering solutions that keep industries moving forward. If you’re driven, collaborative, and ready to make an impact, we’d love to hear from you. Your creativity and passion can help us achieve great things—come be part of the journey.
Learn more about IEM at https://www.iemfg.com
We offer comprehensive and competitive benefits package designed to support our employees' well-being, growth, and long-term success. View a snapshot of our benefits at https://www.iemfg.com/careers
Recruiting Scams
Beware of recruiting scams. IEM never charges candidates fees, and all recruiter emails come from an @iemfg.com address. If you suspect fraudulent activity, do not share personal information and report it to us at iemfg.com/contact
Non-Discrimination Statement
IEM does not discriminate against any applicant based on any characteristic protected by law.
Privacy
Information collected and processed as part of your IEM Careers profile, and any job applications you choose to submit is subject to IEM's Workforce Member Privacy Policy.
