Real Estate Specialist/ Western MA and CT (Hybrid)

07/01/2024

Locations: East Berlin, Connecticut; Springfield, Massachusetts

Our Team

We have an exciting opportunity to join the Corporate Real Estate Team.  In this critical role, we are seeking an individual with experience in commercial/industrial real estate, as this position is responsible for securing all property rights necessary to support all company projects and initiatives including all acquisitions, dispositions and leasing/licensing of real estate assets and property rights, as well as providing day-to-day real estate property management to ensure the real estate needs of the Company are met.

The role is based on Berlin, CT and/or Springfield, MA.

Essential Functions

• Negotiates, drafts and administers key legal agreements including, purchase & sale agreements, land options and related real estate contracts for the acquisition, disposition and leasing of real estate property rights associated with electric utility needs.

• Experience in coordinating real estate closings, including but not limited to reviewing closing documents such as settlement statements and deeds, performing title examinations, analyzing environmental reports and conducting survey reviews, setting up and initiating wire transfers as well as any and all required post-closing internal reporting.

• Experience in commercial real estate leasing activities for office/commercial/industrial properties and land to support company business and/or generate revenues.  This may also include telecom leasing activities.

• Provides real estate information and knowledge to real estate management, and internal organizations (legal, accounting, regulatory, community relations etc.), as well as external customers and real estate professionals, in supporting the completion of complex transactions and special assignments.

• Coordinates the real estate resources required to support the business unit’s operation and requests.  Requires working closely with internal Eversource disciplines (i.e., facilities, environmental, engineering, system planning etc.) to ensure delivery of real estate services to end-users.

• The ability to understand, analyze and resolve legal and real estate issues.

• Assists in ensuring timely corporate reporting, compliance with real estate requirements and contract terms in order to ensure the avoidance of default conditions.

• Involved with development of standards and procedures to ensure that the Company’s acquisition, management, leasing, development and disposition practices consistently align with evolving business needs.

• Performs technical feasibility, financial and cost studies in preparation for obtaining property rights for specific projects and assigned service territories and prepares recommendations and action plans for purchases and leases.

• Develops and fosters beneficial working relationships with key internal clients and external stakeholders including legal, accounting, regulatory, project teams, system planning, community relations etc.

• Assists in hiring and coordinating professional independent real estate consultant services and managing their work activities.

• Ability to analyze broker’s opinion of value and appraisals using various approaches to estimate the value of real estate sites.

Technical Knowledge/Skills

• Requires experience and knowledge of real estate techniques, procedures, principles and practices, transaction law, development, and related environmental regulations, including real estate closings. 

• Strong ability to use system applications (e.g., Microsoft Word, Excel, PowerPoint, Teams, Maximo, etc.)  Ability to work effectively in team environment or individually as deemed necessary. 

• Ability to locate and interpret Deeds and municipal assessment records, survey plans and engineered plans.  

Education

• Requires a bachelor’s degree in business, real estate, economics, engineering or equivalent experience. 

Experience

• Minimum of 3+ years commercial / industrial/retail / corporate real estate field..

Licenses & Certifications

• Real estate license, surveyor license, engineer, paralegal certificate, notary public and related designations are a plus.

Working Conditions

• Travel/driving will be required to Eversource office locations, project sites and contractor locations on occasion.

• Must be able to work emergency storm assignments as required.

• We offer a flexible hybrid work schedule, however, additional in-office days may be required during training.

Compensation and Benefits

• Eversource offers a competitive total rewards program. The annual salary range for this position is $82,720.00 to $91,910.00 plus incentive. Salary is commensurate with your experience. Check out the career site for an overview of our benefits. Jobs.eversource.com

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Worker Type:

Regular

Number of Openings:

1

EEO Statement

Eversource Energy is an Equal Opportunity and Affirmative Action Employer.  All qualified applicants will receive consideration for employment without regard to age, race, color, sex, sexual orientation, gender identity, national origin, religion, disability status, or protected veteran status.

VEVRRA Federal Contractor

Emergency Response:

Responding to emergency situations to meet customers’ needs is part of every employee’s role. If employed, you will be given an Emergency Restoration assignment.  This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location.