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Edward Reiss is a seasoned real estate professional with extensive experience in asset management, due diligence, and property management. He has held various leadership positions at top companies, including Athenahealth, RREEF, Harvard University, Trammell Crow Company, Aldrich, Eastman & Waltch, and Digital Equipment Corporation. Reiss has a strong educational background, holding an MBA from Harvard Graduate School of Business Administration and a BS in Civil Engineering from Cornell University.

Experience

    • consultant
      • Jan 2013 - Oct 2014

    • Vice President/Asset Manager
      • Jan 2005 - Jan 2012

      Responsible for the performance of 5 million sf, 20 building portfolio consisting of office, industrial and flex space. Accountable to investors for achievement of value/return goals through effective leasing, cost effective property management and capital improvements that protect and enhance the properties’ competitiveness.Achieved above-market occupancy through aggressive leasing strategies and effective brokerage and tenant relationships$3.6 million of tenant recoveries through detailed lease review and effective negotiations

    • Director
      • Jan 2001 - Jan 2005

      of University & Commercial Real EstateIncreased value of Arsenal Office complex (Watertown, MA); led effort that achieved +400k sf of leasing to move from 52% to 94% occupancy over 18-month period, accomplished during period of negative net absorption. Leasing and capital program added more than $10 million net value to asset.Bottom line responsibility for portfolio (85 buildings, 3 million sf, $30 million operating budget) maximized value, and provided flexibility to support future University visions and directions. Staff consisted of 35 persons focused on leasing, acquisitions and property management.Reduced operating expenses throughout portfolio through comprehensive, zero-based budgeting by 9% while maintaining excellent tenant satisfaction

    • Senior Vice President
      • Jan 1993 - Jan 2001

      Led, coordinated and motivated disparate service delivery organizations so that the clients receive uniformly effective quality and innovative services. Services include project management, call center services, facilities management and transaction management.Hewlett-Packard and Raytheon - Alliance Director for all facets of client relationship and service delivery. Accountable for maximizing NBIT growth; achieved outstanding client satisfaction. Hewlett-Packard - Lead successful implementation of remote facility support model for HP’s 160 remote sales offices (2.5 million sf) that increased facility reliability, provided documented and predictable response processes and reduced R&M expenses by $3 million annually. Program received 2001 IFMA Facility Management Achievement Award.Charles Schwab - developed and implemented program for the rapid acquisition of 43 sales offices in second and third tier cities.CVS - Managed 150 person, Woonsocket, RI based facilities call-center

    • Vice President
      • Jan 1990 - Oct 1992

      Asset Manager for $250 million portfolio that consisted of office (downtown and suburban) and industrial properties in the Chicago area. Early recognition of deteriorating market conditions allowed for pre-emptive restructuring of participating loan structures.Developed and implemented asset plans that included capital improvements, leasing strategies, property management and financial restructuring

    • Corporate Real Estate Manager
      • Jan 1978 - Jan 1990

      Operational and functional responsibility for worldwide real estate operations. At its peak, managed $2.5 billion of capital spending.Directly managed 130 person real estate organization including project management, acquisition, property tax, design. Functional responsibility for decentralized real estate organization in Europe, Asia and the US Sales organization.Formulated, proposed and implemented comprehensive restructuring of real estate operations to reduce headcount, improve responsiveness and leverage relationships with third-party service providers. Required integration of real estate organizations across organizational barriers.Other roles included Manager of Design and Construction, Manager of Lease Acquisition, Contracts Administrator

    • Technical Engineer
      • Jan 1969 - Jan 1972

Education

  • 1972 - 1974
    HARVARD GRADUATE SCHOOL OF BUSINESS ADMINISTRATION
    Masters of Business Administration
  • 1965 - 1969
    Cornell University
    Bachelor of Science, Civil Engineering

Suggested Services

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Industry Focus. “Real Estate and Property Management”

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