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Vice President Real Estate

Location:
New York, NY
Salary:
300000
Posted:
March 16, 2024

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Resume:

ERIK K. JOHNSON

New York, NY • 323-***-****

ad4dlu@r.postjobfree.com https://www.linkedin.com/in/ekjohnson1

FINANCIAL LEADERSHIP ASSET MANAGEMENT OPERATIONAL OPTIMIZATION

GROWTH FOCUSED VICE PRESIDENT with over fifteen years of success leading Commercial Real Estate operations in Office, Retail, Hotel, Mixed-use, Industrial, and Residential properties. Proven track record of driving revenue growth, reducing expenses, optimizing business operations, and creating new revenue streams. Highly skilled in leading teams to exceed goals, enhanced process development, and implementation to enhance the customer and employee experience.

PROFESSIONAL EXPERIENCE

CIM Group; New York, NY 2015 – present

Vice President, On-Site Property Management

Enhances the financial performance of multi-product type portfolios of over 6 million sqft generating $275 million in revenues across most major US markets, including New York, Dallas, and Chicago.

●Spearheaded exceptional growth, expanding the portfolio by 214% within 7 months.

●Drove down annual expenses by $1.3 million (8% reduction) by leading a comprehensive portfolio-wide bid process for Security, Engineering, and Janitorial contracts.

●Rapidly implemented KPI Strategy and best practices, led the team to collected over $10 million in AR within the 1st year of taking over the NE Commercial portfolio.

●Led the highly successful transition of an 850,000 sqft, 3 property portfolio of office, retail and industrial assets from 3rd-party management to in-house, reducing costs by 10% and generating over $200,000 in additional annual revenue for CIM.

●Anticipating the impact and challenges of COVID-19 developed a detailed landlord / property management COVID-19 Playbook, serving as the standard for handling all COVID-related issues. Promoted to “COVID Czar” and supervised the playbook’s nationwide implementation. The program worked as designed and helped property managers across all product types successfully manage all COVID-19 and tenant issues.

●Pioneered the portfolio’s first specialty leasing program, generating over $1.2 million in new annual revenues from filming, advertising & special events.

●Successfully onboarded 7 million sqft in commercial retail and office properties (20 buildings) and dispositioned 2 million sqft.

CBRE, Inc.; Los Angeles, CA 2011 – 2015

Real Estate Manager

Improved operations, P&L budgets, and performance of Wilshire Landmark I, a Class A 337 thousand sqft hi-rise with an 811-stall parking garage and supervising a building staff of 25.

●Increased occupancy from 77% to 99% and raised lease rates by 29% by creating a team culture dedicated to providing an unparalleled tenant experience through service excellence.

●Captured 11% savings in operating costs by renegotiating major service line contracts with Janitorial, Security, Engineering, and Parking vendors.

●Increased NOI through operational costs savings measures, and actively driving leasing.

●Project managed $8 million in Tenant Improvements and $3 million in Capital Improvements.

●Achieved LEED Gold and BOMA 360 certifications, and a 96 Energy Star rating.

Westfield Shopping Centers; Los Angeles, CA 2007 – 2011

Operations, Facilities and Risk Manager

Drove significant improvement to operations, construction, and facilities management of the 1.5 million sqft Westfield Century City Shopping Center generating over $425 million in revenues.

●Directed a $13.7 million common area maintenance budget to ensure the highest performance of housekeeping, security, maintenance, and parking activities for the outdoor shopping center.

●Exceeded net operating income by $3 million through operational cost reductions, and increased leasing rates by enhancing customer offerings and growing income via media sales.

●Cut housekeeping budget by 10% by leading negotiations and satisfying union objections without any impact or interruption to business operations.

●Reduced liability exposure by $1 million, and slip and fall incidents by 61%, by identifying top risks and problem areas, securing funding, and implementing corrective actions.

●Project Manager of $10 million in renovations and initiated the planning of the $500 million redevelopment project of the center.

Best Buy, Inc.; San Jose, CA 2005 – 2006

General Manager

Change leader, inspired 200 store employees to generate $35 million in store sales, improved business metrics and created a winning culture that drove the store’s best ever results.

●Transformed one of worst performing stores in the company (ranked 790 out of 795 stores) to one of the best (ranked 19 out of 820) in less than six-months by creating a store culture focused on the customer experience and service excellence.

●Exceeded sales goals net operating profit for the first time in the store’s six-year history.

The Home Depot, Inc.; San Jose, CA 2002 – 2004

Store Manager

Created massive profit at the $72 million, 280-employee store, revolutionizing inventory management and led Human Resources and Merchandizing national special projects.

●Increased inventory turns from 4.6 to 11.8 (company average 4.8) by creating a store-wide program for restocking merchandise and a sales program to reduce discounted inventory, resulting in 4% increased profit margins, exceeding sales goal by $400,000 and driving 8% year-over year store performance - making the store one of the most profitable in the company.

●Chosen to help launch a $100 million, 1,500 store merchandising program while working at the corporate offices in Atlanta, Georgia. Rewrote the merchandising service agreements, which resulted in a 9% cost savings and significant merchandising improvements company wide.

●Created the first Human Resources dashboard for the company, tracking store performance based on key HR metrics including retention, employee satisfaction, training completion, etc.

Solectron Corp; San Jose, CA 2001 – 2002

Global Account Supply Chain and Pricing Manager

Turned around the loss leading Dell and Intel accounts, directing seven international manufacturing facilities’ material profit and loss, budgets, and pricing, generating $650 million in annual sales.

●Developed pricing protocols and renegotiated hundreds of pricing agreements with suppliers resulting in the account going from a negative 4% loss to +18% profit margin.

●Within eight months was promoted to GASC Manager for the Dell and Intel accounts.

EDUCATION

San Diego State University, San Diego, CA

Master of Business Administration

University of Southern California, Los Angeles, CA

Bachelor of Arts, Economics & International Relations Honors Program

●Full Scholarship recipient through the Navy Reserve Officer Training Corps

MILITARY EXPERIENCE

United States Navy; Yokosuka, Japan 1991 – 1996

Lieutenant

Expertly completed two deployments as a Division Officer on Guided Missile Frigate USS CURTS (FFG 38), based in Yokosuka, Japan, serving as an Engineering, Operations and Legal Officer.

●Received the Navy Achievement Medal for superior leadership, outstanding management skill, and attaining more qualifications than my peers.

●Improved performance of the two largest divisions during two exemplary deployments to the Persian Gulf. Was commended by the Fleet Admiral for the “flawless execution” of the ship’s planning and execution of international operations.

TECHNOLOGIES, AWARDS, LANGUAGES & SKILLS

Technologies:

●Microsoft Office Suite • Yardi • ChatGPT AI • Nexus • UltiPro • Angus • Building Engines

Awards:

●Navy Achievement Medal

Languages:

●English (native) – French (fluent) – Spanish (conversational)

Skills:

●International experience, has managed business units in Asia, Europe, and Latin America

●Six Sigma trained.

●Dual citizenship with US and French passports

●Bicycled 5,000 miles solo from San Diego to Central America (1996 – 1997)

OPEN TO RELOCATION AND OPPORTUNITIES REQUIRING UP TO 75% TRAVEL



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