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Senior Real Estate Portfolio Manager

Woven by Toyota is the mobility technology subsidiary of Toyota Motor Corporation. Our mission is to deliver safe, intelligent, human-centered mobility for all. Through our Arene mobility software platform, safety-first automated driving technology and Toyota Woven City — our test course for advanced mobility — we’re bringing greater freedom, safety and happiness to people and society. 


Our unique global culture weaves modern Silicon Valley innovation and time-tested Japanese quality craftsmanship. We leverage these complementary strengths to amplify the capabilities of drivers, foster happiness, and elevate well-being.


TEAM

The Corporate Real Estate and Corporate Real Estate and Workplace Services team offers the working environment and services that provide a concept of agile and empiricism to meet our company’s objectives; we strive to create a platform where our company and employees can grow and thrive together. To support the hybrid work approach in our company effectively, the Corporate Real Estate and Workplace Services team takes an assessment between the office usages and the business requirements as a trusted professional advisor from a real estate and facilities perspective.


RESPONSIBILITIES:
  • Report to Global Head of Corporate Real Estate and Workplace Services (CREWS) directly to drive the real estate program for WbyT’s US/UK real estate portfolio.
  • Work with the internal stakeholders in the US/UK region and CREWSUS/UK team to build the real estate business case for internal approvals.
  • Update the occupancy data as well as lease data in the US/UK real estate portfolio and report to the Global Head on a weekly basis.
  • Effectively manage the real estate leases and related sublease contracts for the US/UK region directly working with the landlord and sublessee.
  • Lead and drive the real estate projects in the US/UK region on behalf of CREWS; coordinate the space programming directly working with each BU representative, ensure the quality of the project deliverables, and manage the projects within budget.
  • Collect and assess the commercial real estate market data in each geographic area of WbyT’s presence in the US/UK region and report to the Global Head on a quarterly basis.
  • Benchmark Real Estate OpEx and Project CapEx data in the US/UK region, assess and analyze the cost data against the market benchmark, and make recommendations to the Global Head.
  • Work with the Global Head to publish/update internal policies related to the real estate management process.
  • Work closely with the Construction & Design Consultant(s) to provide detailed input, requirements & expertise as it relates to Facilities Operations for all new Builds (i.e. layouts for shipping & receiving, break rooms & equipment, copy & supply areas, storage etc.) 


MINIMUM QUALIFICATIONS:
  • 12+ years of experience in Real Estate, Facilities, Construction, and Project Management.
  • Excellent communication and collaboration experience with multiple internal business functions.
  • Strong track records in lease transactions, real estate project management, space programming, and real estate financial analysis.
  • Hands-on experience in real estate portfolio management that has been managing more than 20 sites as an in-house Corporate Real Estate role.
  • Hands-on experience negotiating with and managing subcontractors, vendors, landlords, property managers, etc.
  • Strong comfort with a high-growth company, where everyone is encouraged to participate in and contribute across all teams.
  • Experience of working in multiple different time zones and matrix reporting structures in the organization. 
  • Bachelor’s degree in Real Estate, Operations, Finance, or related academic areas.


PREFERRED QUALIFICATIONS
  • Graduate degree in Real Estate, Operations, Finance, or MBA would be a plus.
  • Ability to manage and collaborate with cross-functional teams to deliver outcomes in the agile business environment.
  • Experience developing and managing real estate budgets.
  • Excellent financial, contract management, purchasing and leadership skills.


The base pay for this position ranges from $140,000- $230,000 a year.


Your base salary is one part of your total compensation. We offer a base salary, short term and long term incentives, and a comprehensive benefits package. The total compensation offered to an employee will be dependent upon the individual's skills, experience, qualifications, location, and level.


WHAT WE OFFER

We are committed to creating a modern work environment that supports our employees and their loved ones. We offer many options of the best programs to allow you to do your most meaningful work and to help you shape the future of mobility.

・Excellent health, wellness, dental and vision coverage

・A rewarding 401k program

・Flexible vacation policy

・Family planning and care benefits


Our Commitment

・We are an equal opportunity employer and value diversity.

・Any information we receive from you will be used only in the hiring and onboarding process. Please see our privacy notice for more details.

Average salary estimate

$185000 / YEARLY (est.)
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$140000K
$230000K

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What You Should Know About Senior Real Estate Portfolio Manager, Woven by Toyota

At Woven by Toyota, we're on a mission to transform mobility for everyone, and we’re looking for a Senior Real Estate Portfolio Manager in Palo Alto, CA, to help drive our vision forward. As part of the Corporate Real Estate and Workplace Services team, you will play a crucial role in managing our US and UK real estate portfolio. Your days will be dynamic, ranging from collaborating with internal stakeholders to crafting business cases that support our real estate initiatives. You’ll be responsible for updating occupancy and lease data, ensuring everything runs smoothly as you report directly to the Global Head of Corporate Real Estate and Workplace Services. Your expertise will also be invaluable in leading real estate projects and working closely with various business units to ensure quality and adherence to budgets. As the Senior Real Estate Portfolio Manager, you’ll analyze commercial market data and benchmark operational costs, providing insightful recommendations to enhance our portfolio's performance. If you have over 12 years of experience and a solid track record in managing extensive real estate portfolios, then you're the type of leader we're looking for to help foster an innovative and agile work environment that reflects our unique blend of Silicon Valley creativity and Japanese craftsmanship. Come and help us create spaces that empower our company and its people to flourish together!

Frequently Asked Questions (FAQs) for Senior Real Estate Portfolio Manager Role at Woven by Toyota
What are the responsibilities of a Senior Real Estate Portfolio Manager at Woven by Toyota?

The Senior Real Estate Portfolio Manager at Woven by Toyota plays a pivotal role in overseeing the US and UK real estate portfolio. Responsibilities include managing leases and sublease contracts, reporting occupancy and lease data, driving real estate projects in coordination with business units, analyzing market data, and making recommendations to the Global Head. This position requires strong project management and financial analysis skills to ensure each initiative aligns with the company's objectives.

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What qualifications are needed to become a Senior Real Estate Portfolio Manager at Woven by Toyota?

To be considered for the Senior Real Estate Portfolio Manager position at Woven by Toyota, candidates should have at least 12 years of experience in Real Estate, Facilities, or Project Management. A bachelor's degree in relevant fields such as Real Estate, Operations, or Finance is required, while advanced degrees like an MBA are preferred. Strong communication skills and the ability to manage multiple projects and time zones are also key qualifications for this role.

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What is the compensation package for a Senior Real Estate Portfolio Manager at Woven by Toyota?

Woven by Toyota offers a competitive base pay for the Senior Real Estate Portfolio Manager position ranging from $140,000 to $230,000 annually. This package is complemented by short-term and long-term incentives along with a comprehensive benefits package which includes health coverage, a 401k program, and a flexible vacation policy. The total compensation reflects the individual’s experience, qualifications, and location.

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How does the Senior Real Estate Portfolio Manager collaborate with other teams at Woven by Toyota?

Collaboration is key for the Senior Real Estate Portfolio Manager at Woven by Toyota. This role involves working closely with internal stakeholders in the US and UK, engaging with multiple business units, and liaising with design and construction consultants. Effective communication and teamwork are essential to ensure successful project execution and alignment with corporate objectives.

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What kind of experience is preferred for the Senior Real Estate Portfolio Manager position at Woven by Toyota?

Preferred experience for the Senior Real Estate Portfolio Manager role at Woven by Toyota includes a strong background in real estate portfolio management, particularly with managing more than 20 sites. Hands-on experience with lease negotiations, subcontractor management, and real estate financial analysis will be beneficial, along with familiarity in agile environments and experience across different time zones.

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Common Interview Questions for Senior Real Estate Portfolio Manager
Can you describe your experience managing real estate portfolios?

When answering this question, highlight specific projects you've managed, the size of portfolios, and your contributions to optimizing operations. Discuss how you handle lease transactions, manage budgets, and collaborate across teams to ensure project success.

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How have you handled challenges in real estate project management?

Discuss a specific example where you faced a challenge in managing a project. Focus on the steps you took to identify the issue, your approach to finding a solution, and the outcome. This shows your problem-solving skills and resilience.

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What tools and software do you use for portfolio management?

Mention any relevant software and tools you've utilized, such as lease administration software, project management platforms, or financial analysis tools. Explain how these tools have improved your efficiency in managing real estate assets.

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How do you prioritize tasks in a complex real estate project?

Explain your method for assessing project requirements and deadlines. Discuss how you balance multiple tasks, including stakeholder demands, timelines, and budget constraints, to ensure the project remains on track.

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What strategies do you use for lease negotiation?

Talk about your negotiation style, and provide an example of a successful lease negotiation. Highlight how you assess market conditions and leverage them to secure favorable terms for your organization.

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How do you assess market data for real estate decisions?

Describe your process for collecting, analyzing, and interpreting commercial real estate market data. Discuss how you utilize this information to inform strategic decisions related to the real estate portfolio.

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In what ways do you improve communication and collaboration across teams?

Share effective communication methods you've implemented in past roles. Stress the importance of transparency and regular updates among teams to ensure alignment and foster a collaborative environment.

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Describe your experience with financial analysis in real estate.

Detail your experience and techniques for conducting financial analysis for real estate investments, including budgeting, forecasting, and evaluating project costs against market benchmarks.

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What qualities do you believe are essential for success as a Senior Real Estate Portfolio Manager?

Discuss the importance of strong leadership skills, effective communication, and analytical thinking. Highlight how these traits contribute to successful management of real estate portfolios and stakeholder relations.

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How do you stay informed about industry trends in real estate?

Mention the resources you use, such as industry publications, networking groups, and webinars. Talk about the importance of continuous learning and how staying updated enhances your effectiveness as a Senior Real Estate Portfolio Manager.

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Full-time, hybrid
DATE POSTED
March 14, 2025

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