JOB SUMMARY
Regional acquisitions lead responsible for sourcing deals and driving industrial investment strategy in the West Coast markets, reporting directly to Head of Logistics. Responsible for the on-going management of acquisition process on behalf of internal and external clients. Prepares, recommends, and implements a portfolio-wide transaction strategy for acquiring and disposing of Industrial real estate investments. Structures and coordinates transaction management for development joint-ventures and value add, core-plus and core real estate investments.
DESIRED DUTIES AND RESPONSIBILITIES
Implements and executes real estate investment acquisition plans with an understanding of the client's strategic real estate goals.
Collaborate with Head of Logistics, Research, Asset Management and Portfolio Management to define investment scope, prioritization of assignments, and adherence to client-driven priorities, commitments, and milestones.
Recognized regional market head responsible for developing and managing relationships with third-party brokers and other principals.
Acts as key firm representative at regional industry events.
Source on and off-market transactions and negotiate the best business terms and conditions for Industrial real estate transactions for a wide variety of client investment programs.
Oversee all aspects of the acquisition process including offer letters, contract negotiation, due diligence, and transaction closing.
Acts as lead presenter to Investment Committee with support of acquisition team.
Operates well in team environment with multiple stakeholders and effectively manages and mentors acquisition analysts.
Understands how to review, study, and interpret financial analysis templates including cash flow projections, NPV (net present value), and IRR (internal rate of return).
Facilitates the development of a robust client investment report package. Prepares and delivers effective presentations to relevant parties.
Monitors and maintains a real estate project tracking system to ensure timely transaction completion. Prepares reports and makes presentations to relevant parties.
SUPERVISORY RESPONSIBILITIES
Provides general support to the team in a manner which is complimentary to the company, including assistance and oversight such as technical guidance, and/or training to coworkers. Lead project teams and/or plan and supervise assignments of junior acquisition team members.
#CBREIM