Over the past decade there has been a move to seriously squeeze-down office square footage per person, to the point where life in the office is almost as bad as the squeeze we suffer in airline seats. Not surprisingly, more companies are realizing that the cost savings of the “squeeze factor” often has diminishing returns in worker productivity. This is prompting businesses to begin to design offices spaces with increasing square footage providing more shared spaces.

The Wall Street Journal reported yesterday that design firm Ted Moudis Associates analyzed 2.4 million square feet of projects they are managing, and found that many companies are expanding the selection of alternative places to get work done such as cafe and kitchen areas, informal living room spaces and quiet zones. The game has changed on the office front, but the challenge is that changes, even if authorized by management, will take at least a year to implement.

Job Listings

THE MICHAELS ORGANIZATION 
Controller

(LODI, CA)

Controller will oversee all financial and accounting activities for the organization. Responsible for budget management, financial analysis, forecasting, investor reporting, financial modeling and financial reporting.

BRENNAN INVESTMENT GROUP
Senior Property Accountant
(ROSEMONT, IL)

Accountant will prepare monthly and quarterly financial reporting packages for external distribution to investors and joint venture partners; preparing depreciation/amortization schedules; and reviewing bank reconciliations prepared by Accounts Receivable team to ensure proper balance sheet reporting and provide support for tenant receivables issues.

MANAGEMENT SUPPORT 
Vice President of Property Management 
(DALLAS, TX)

Duties include: critical analysis of financial statements for each property; evaluate of financial statements and operations for new acquisitions; evaluate and implement upgrade (value add) programs; and monitor company policies and procedures.

BRIXMOR PROPERTY GROUP 
Analyst, Acquisitions/Disposition (North)
(CONSHOHOCKEN, PA)

Analyst will underwrite potential acquisitions and dispositions, prepare investment memoranda to the Investment Committee and provide transaction support throughout due diligence and closing.

REALTY SHARES, INC.
Director, Equity investments (Commercial) 
(SAN FRANCISCO, CA)

Director will manage origination, structuring, underwriting, and execution of commercial (preferred and JV) equity financings across a broad set of deal types: multifamily, retail, office, industrial / self-storage, and hotels.

Associate will work with senior staff to provide project management, research, financial, and analytic support for a wide range of clients and assignments.

GAIA REAL ESTATE INVESTMENT, LLC 
Senior Construction Manager 
(NEW YORK, NY)

Duties include: preparing capex projects including HVAC conversions, façade restoration, elevator modernizations, utility upgrades, etc.; developing renovation projects including “pre-built” office build outs, “white-box” space preparations, lobby upgrade, corridor remodeling, amenity reconfiguration etc.; and master plan building.

DC HOUSING FINANCE AGENCY 
Director, Portfolio and Asset Management 
(WASHINGTON, DC)

Director will plan and direct  activities of the Portfolio Management and Research division. Main responsibility will be to oversee the operation of the division and all associated activities pertaining to the physical and financial monitoring of the Agency's multifamily portfolio.

Over the past decade there has been a move to seriously squeeze-down office square footage per person, to the point where life in the office is almost as bad as the squeeze we suffer in airline seats. Not surprisingly, more companies are realizing that the cost savings of the “squeeze factor” often has diminishing returns in worker productivity. This is prompting businesses to begin to design offices spaces with increasing square footage providing more shared spaces.

The Wall Street Journal reported yesterday that design firm Ted Moudis Associates analyzed 2.4 million square feet of projects they are managing, and found that many companies are expanding the selection of alternative places to get work done such as cafe and kitchen areas, informal living room spaces and quiet zones. The game has changed on the office front, but the challenge is that changes, even if authorized by management, will take at least a year to implement.

Job Listings

THE MICHAELS ORGANIZATION 
Controller

(LODI, CA)

Controller will oversee all financial and accounting activities for the organization. Responsible for budget management, financial analysis, forecasting, investor reporting, financial modeling and financial reporting.

BRENNAN INVESTMENT GROUP
Senior Property Accountant
(ROSEMONT, IL)

Accountant will prepare monthly and quarterly financial reporting packages for external distribution to investors and joint venture partners; preparing depreciation/amortization schedules; and reviewing bank reconciliations prepared by Accounts Receivable team to ensure proper balance sheet reporting and provide support for tenant receivables issues.

MANAGEMENT SUPPORT 
Vice President of Property Management 
(DALLAS, TX)

Duties include: critical analysis of financial statements for each property; evaluate of financial statements and operations for new acquisitions; evaluate and implement upgrade (value add) programs; and monitor company policies and procedures.

BRIXMOR PROPERTY GROUP 
Analyst, Acquisitions/Disposition (North)
(CONSHOHOCKEN, PA)

Analyst will underwrite potential acquisitions and dispositions, prepare investment memoranda to the Investment Committee and provide transaction support throughout due diligence and closing.

REALTY SHARES, INC.
Director, Equity investments (Commercial) 
(SAN FRANCISCO, CA)

Director will manage origination, structuring, underwriting, and execution of commercial (preferred and JV) equity financings across a broad set of deal types: multifamily, retail, office, industrial / self-storage, and hotels.

Associate will work with senior staff to provide project management, research, financial, and analytic support for a wide range of clients and assignments.

GAIA REAL ESTATE INVESTMENT, LLC 
Senior Construction Manager 
(NEW YORK, NY)

Duties include: preparing capex projects including HVAC conversions, façade restoration, elevator modernizations, utility upgrades, etc.; developing renovation projects including “pre-built” office build outs, “white-box” space preparations, lobby upgrade, corridor remodeling, amenity reconfiguration etc.; and master plan building.

DC HOUSING FINANCE AGENCY 
Director, Portfolio and Asset Management 
(WASHINGTON, DC)

Director will plan and direct  activities of the Portfolio Management and Research division. Main responsibility will be to oversee the operation of the division and all associated activities pertaining to the physical and financial monitoring of the Agency's multifamily portfolio.

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