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　　Description

　　The real estate intern will support the real estate team in the management of territories ensuring compliance with policies, operating procedures and agreement terms. The position will also have the opportunity to gain exposure to other departments within Watco including Industrial Development, Service Solutions, Sales, Logistics, Legal, Environmental, Operations, and Billing and Collections Teams.

　　Primary Accountabilities of the Position

　　Review land, track and building leases.

　　Assist real estate team with special research projects and portfolio audits.

　　Assist property manager in recognizing and resolving unauthorized uses of Watco property.

　　Assist property manager in managing past-due leases, following through to resolution with collection or lease termination.

　　Assist property manager in analyzing property values to ensure rents reflect market rates.

　　Strive to gain exposure in standard Real Estate principles and Watco’s organization.

　　Additional Duties and Responsibilities

　　Research and review maps and deeds relative to title questions and right-of-way boundaries.

　　Identify and understand property rights associated with leased and owned property.

　　Participate in weekly team calls to understand real estate issues and opportunities.

　　Education and Experience

　　The ideal candidate will have base-level knowledge in Real Estate and be enrolled in an undergraduate or graduate degree program in Business, Real Estate or Pre-Law.

　　Experience with the following software, applications and subscription services is a plus.

　　Microsoft Word, Excel, PowerPoint, Outlook, Dynamics

　　Real estate databases such as Costar

　　ESRI and GIS systems

　　Other Required Abilities

　　To organize, focus and prioritize

　　To read, analyze and interpret agreements, documents and regulations

　　To effectively present information and respond to questions from internal and external sources

　　To apply concepts such as fractions, percentages, ratios and proportions to practical situations

　　To solve practical problems with a variety of complex variables when sometimes only limited information exists

　　To interpret a variety of instructions in written, oral, diagram or schedule form

　　Work Environment

　　90% office or hybrid home/office environment

　　10% in the field supporting team and customers