Executive Director, Real Estate - Asset Manager, Industrials

Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and $2 trillion in assets under management or supervision as of June 30, 2026. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im.    

Morgan Stanley Real Estate Investing (“MSREI”) is the global private real estate investment management business of Morgan Stanley. One of the most active property investors in the world for over three decades, MSREI employs a patient, disciplined approach through global value-add / opportunistic and regional core / core-plus real estate investment strategies.

With 17 offices throughout the U.S., Europe and Asia, regional teams of dedicated real estate professionals combine a unique global perspective with local presence and significant transaction execution expertise. MSREI currently manages $58 billion of gross real estate assets worldwide on behalf of its clients. 

MSREI is seeking a highly experienced industrial real estate asset manager to be based in New York and oversee a significant portion of MSREI’s industrial portfolio across its various fund strategies.

You will assume responsibility for a strategically important, multi-market industrial portfolio of approximately $3 billion in Gross Asset Value (GAV); comprising roughly 70 assets totaling over 14.5 million square feet and approximately 130 tenancies across six major U.S. markets. This role represents one of the business’s largest dedicated industrial asset management positions.

As the successful candidate you will be expected to optimize portfolio performance by leveraging direct tenant relationships to drive leasing and retention, actively managing brokers to deliver leasing goals, and holding property management accountable for quality of operations.

Morgan Stanley Since 1935, Morgan Stanley is known as a global leader in financial services, continuously evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you’ll do in the role

• Develop and execute asset-level business plans focused on maximizing value and operating performance.
• Drive portfolio performance through leasing execution, tenant retention, capital planning, and revenue optimization.
• Monitor asset performance against underwriting and investment objectives.
• Lead leasing strategy across approximately 3.5 million square feet of near-term roll.
• Coordinate closely with leasing brokers to establish market strategy, pricing, marketing, and transaction execution.
• Negotiate lease agreements with tenants.
• Manage property managers, leasing professionals, construction managers, and third-party service providers to ensure execution of business plans.
• Coordinate capital projects and repositioning initiatives where appropriate.
• Prepare and present investment recommendations and leasing approvals.
• Lead quarterly asset reviews and annual business planning.
• Monitor market fundamentals, competitive positioning, tenant demand, and valuation trends.
• Identify opportunities to enhance portfolio value through leasing, redevelopment, or disposition.

What you’ll bring to the role

The role demands a highly organized, execution-oriented asset manager with substantial hands-on experience managing industrial assets. The ideal candidate is experienced working through the complex challenges that arise across a portfolio of this scale, overseeing capital improvement projects and repairs, and building and managing tenant relationships. Above all, this individual will drive accountability across internal and external stakeholders while maintaining a relentless focus on leasing performance and value creation.

• Bachelor of Arts or Bachelor of Science required.
• 10+ years of commercial real estate experience with significant industrial asset management responsibility.
• Proven experience leading leasing strategy for large industrial portfolios.
• Strong understanding of industrial market dynamics across multiple U.S. regions.
• Experience managing third-party property managers and leasing brokers.
• Excellent financial analysis, valuation, and investment decision-making skills.
• Ability to prioritize competing