Key Responsibilities:
- Create an industrial acquisition and execution strategy.
- Develop and implement SOP's around generating new acquisition targets, maintaining pipeline, compiling comps and organizing data.
- Leading Due Diligence in conjunction with Asset Management.
- Network with Brokers and Owners to source and underwrite new off-market acquisitions.
- Research market conditions and maintain up to date leasing, sales, vacancy, and development data.
- Author investment committee memorandums and present new acquisition targets to Investment Committee
- Lead the hiring of property management, leasing brokers, and sale brokers.
- Negotiate LOI's, PSA's, Loan Agreements, and Broker Commission Agreements.
- Lead the construction process of ground up warehouse development
- Understand entitlement processes and pathways in different municipalities and interface with the proper governing bodies to secure necessary permits, approvals, zoning changes, etc.
- Assist in the financial reporting of each asset with Asset Management.
Required Experience & Skills:
- 5-10 Years of experience sourcing, underwriting, developing, and managing industrial acquisitions in the Southeast
- Proficiency in financial modeling, Microsoft Excel, Microsoft Office and ARGUS
- Excellent communication skills, able to speak to market dynamics (Macro and Micro) concisely and eloquently, as well as prospective acquisitions.
- Taking initiative is a must - this candidate needs to be able to work independently as well as with a team to network and source acquisitions.
- Extremely well organized in processes and data
- Able to travel across the Southwest to tour properties and network with brokers and owners.
