Vice President, Asset Management

Job Locations US-IL-Chicago

We are Community Partners.

We are Opportunity Creators.

We are Responsible People.

We are Entrepreneurial spirits.


WE are ShopCore.


Guided by our C.O.R.E principles and the support of Blackstone, ShopCore has set themselves apart from the competition. An industry leader in the commercial real estate market, ShopCore has over 100+ shopping centers covering approximately 20 million square feet in over 18 states across the United States. Due to tremendous growth, we’re hiring!


To support our growth, we are looking for a Vice President, Asset Management to join our Asset Management team. The primary responsibility of the Vice President is strategic in nature:  identifying growth opportunities and advocating value-maximizing strategies within a portfolio; measuring risks and developing strategies to mitigate such risk that preserve and drive property values.  This leader coordinates and oversees strategic planning, operating, and capital budgets, financial analyses, returns on an IRR and reporting obligations with regard to the performance for a number of ShopCore's investments.  


What you will do:

  • Develop and lead the execution of annual strategic business plans and budgets for each asset in conjunction with the Company’s leasing, management, development/construction, research, finance and accounting teams.
  • Identify, develop and implement value added strategy with respect to existing assets as well as potential acquisitions. Strategies may include, but are not limited to, renovations relating to repositioning, and lease up as well as ground up development.
  • Review and approve budgets, which will implement the strategic business plans.
  • Collaborate with the transactions team in evaluating hold/sell analyses and then assist in the sale of assets as required.
  • Develop, draft and present material recommendations regarding leasing deals, operations, and capital to Company’s Real Estate Committee and to equity sponsor.
  • Assume material role in communicating and coordinating with the Company’s equity sponsor.
  • Oversees the quarterly reforecast process including leasing and management strategies; understands and communicates significant variances and when necessary revised strategies.
  • Develops short- and long-term cash flow and valuation models incorporating new lease deals and current market conditions.  Maintains and updates models for significant changes to the asset/market.
  • Perform economic analysis of all potential lease transactions to verify consistency with budget and/or proforma.
  • Identifies the impact of how demographics, job growth, competition, tenant credit worthiness and other relevant factors can impact the strategy/value of assets.
  • Review of financial reports to monitor performance and achieve investment objectives.
  • Prepare periodic and ad hoc reporting for internal and external clientsCompany’s equity sponsor.
  • Manages and develops the analyst pool through training and career guidance ensuring their performance is in-line with group expectations.
  • Assist in economic underwriting and due diligence for acquisitions and transition of acquisitions to asset management.
  • Assumes additional responsibilities and performs special projects as needed or directed.


What you should have:

  • Minimum 7-10 years of commercial or investment real estate experience with 5+ years of Asset Management experience.
  • Experience working for a public or private retail investor owner/operator and significant experience with grocery anchored and community center product.  Other relevant work experience could include work as an Asset Manager for a pension fund advisor that owns a significant portfolio of retail assets and is responsible for the operating performance.
  • Bachelor’s degree required.
  • Interpersonal skills with an ability to interact with external and internal stakeholders. 
  • Strong problem solving and quantitative skills.
  • Advanced skills in Excel and Argus.
  • Experience with MRI or other accounting software. 
  • Ability to work well with others; high level of energy, dedication and passion for the business.
  • Success in multi-tasking while maintaining a strong attention to detail and desire to perform project and actions with the highest quality results.
  • Ability to work well under pressure with multiple competing deadlines.
  • Maintaining personal skills and establishing relationships to advance professional networks and facilitate communication both within and outside the company.
  • Strong written and oral communication skills.
  • High degree of integrity.
  • Proven ability to expand areas of knowledge and learn new skills as circumstances require.
  • Network of existing relationships/contacts within the retail field including other owners, developers, leasing agents, retailers and investment sales brokers a plus.
  • Willingness to travel.


What we offer:

We are a driven organization with teammates who are supportive, collaborative, and encourage different perspectives. We don’t take ourselves too seriously, but we take our work seriously. We stock our offices with snacks, drinks, and games!


You will also have the opportunity to contribute to our teammate led committees, including our Diversity, Equity & Inclusion Committee that champions and fosters an inclusive and diverse professional environment, SEED - our female-focused program designed to foster professional and personal growth, and CoreGiving, a nonprofit that lies at the heart of our organization, founded by ShopCore and laser-focused on fighting food insecurities & childhood hunger.


We are committed to sustaining this environment and a spirit of partnership with the communities in which we operate. We are dedicated to protecting the environment and to improving the lives of those around us. We derive satisfaction from knowing that our charitable efforts and sustainability initiatives leave our communities better than we found them.


And of course, we offer competitive pay and a full slate of benefits.


If any of this sounds interesting, apply today, and come grow with us!



EEO Statement

Our company is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email


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