Investment Analyst Program (IAP) 2027

Prologis; San Francisco (CA); On-site; USD 90,000 - 110,000; Full time

Benefits offered by this job

Health insurance

401(k) matching program

Paid time off

Holidays, volunteer time

Relocation assistance

Job summary

Prologis invites applications for the Investment Analyst Program (IAP) 2027 in San Francisco or New York City. This two‑year, full‑time program develops future real estate investment leaders through rotation across acquisitions, development, and financing.

Analysts work with Investment Officers, build pro forma and discounted cash flow models, and engage with teams across the organization. In‑office presence is required, with relocation flexibility encouraged.

Qualifications

• Bachelor’s degree in Real Estate, Business, Finance, or adjacent field.
• 0–2 years of full‑time work experience.
• Demonstrated internships/volunteer experience in Business, Real Estate, or Finance.
• Superior analytical thinking, attention to detail, and problem‑solving capability.
• Strong interpersonal and leadership skills, growth mindset, and adaptability.

Responsibilities

• Build discounted cash flow models for potential acquisitions.
• Create pro forma models for built-to-suit or speculative development projects.
• Prepare investment memos with Investment Officers for senior management and Investment Committee.
• Compile and maintain sales comparable databases across markets.
• Maintain base‑case pro forma models for the land bank.
• Track regional deployment pipelines in Salesforce for accuracy.
• Develop relationships with brokers, architects, contractors, and engineers.
• Collaborate across departments to gain broad exposure to the business.
• Participate in select global projects to understand international priorities.

Skills

Financial modeling

Excel

Analytical thinking

Communication

Team collaboration

Ambiguity navigation

Leadership

AI tools

Education

Bachelor’s degree in Real Estate, Business, Finance, or related field

Tools

Argus

Salesforce

Microsoft Excel

Job description

At Prologis, we don’t just lead the industry—we define it with a 1.3 billion square foot portfolio and an annual throughput of approximately $3.2 trillion. We create the intelligent infrastructure that powers global commerce, seamlessly connecting the digital and physical worlds. From agile supply chains to energy solutions, our ecosystems help your business move faster, operate smarter and grow sustainably. With unmatched scale, innovation and expertise, Prologis is a category of one—not just shaping the future of logistics but building what comes next.

Job Title: Investment Analyst Program (IAP) 2027 Company: Prologis Investment Analyst Program (IAP) 2027

A Day in the Life

Prologis’ Investment Analyst Program (IAP) is a rigorous two-year foundational training program for excellent emerging real estate investment leaders. As an analyst program participant, you’ll be immersed in the entire development and transaction lifecycle, including acquisition, development, and financing strategies, while interacting with teams across the organization. Investment Analyst Program participants play a key role in Prologis’ current and future success. Participants will be based in either San Francisco or New York City, with full-time, in‑office presence required. We will consider candidate location preference, but ultimate location placement is dependent on program needs. This two-year program offers a structured pathway for professional learning, growth, and development, providing participants with hands‑on experience, mentorship, and exposure to diverse areas of the business. While many participants successfully transition into full‑time roles after completing the program, continuation of employment is not guaranteed. Flexibility to relocate is an essential requirement for program participation.

Key Responsibilities Include:

• Build discounted cash flow models used to analyze returns for potential acquisitions.
• Create pro forma models for potential built-to-suit or speculative development projects.
• Work directly with Investment Officers to prepare investment memos for senior management and Investment Committee.
• Compile and maintain sales comparable databases for markets across various regions.
• Prepare and maintain base-case pro forma models for the existing land bank.
• Maintain and monitor regional deployment pipelines in Salesforce to ensure accuracy.
• Develop longstanding relationships with brokers, architects, contractors, and engineers.
• Collaborate with teams across multiple departments to gain broad exposure to different aspects of the business.
• Participate in select global projects and strategic initiatives to understand how international priorities and market dynamics shape local investment decisions.

Building Blocks for Success Required:

• Bachelor’s degree, preferably in Real Estate, Business, Finance, or an adjacent field of study.
• 0–2 years of full‑time work experience.
• At a minimum, candidates must demonstrate relevant skills gained through undergraduate internships and/or volunteer opportunities in Business, Real Estate, or Finance.
• Superior analytical thinking, attention to detail, and problem‑solving capability.
• Superior interpersonal and leadership skills, including high self‑awareness, humility, and a growth mindset.
• Demonstrated ability to navigate ambiguity and manage complexity.
• Ability to understand primary real estate market economics, including market demand and supply, vacancy, absorption, and micro‑ and macroeconomic issues affecting properties.
• Demonstrated emotional intelligence and ability to build strong relationships with colleagues and customers.
• Advanced Microsoft Excel skills.
• Demonstrated willingness and capability to leverage emerging technology, automation, and AI tools to improve efficiency, quality, and speed.
• Exercises sound judgment, creative thinking, and accountability for outcomes.
• Preferred: Exposure to Argus is a plus.

Important: Prologis is unable to provide employment‑based immigration sponsorship for this program currently.

Applicants must be authorized to work in the United States without employer sponsorship.

Hiring Salary of: $100,000 plus relocation support if applicable.

Salary and total compensation (target bonus) to be determined by the candidate’s location, education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

#LI-HB People First

Each of us working at Prologis plays an essential role in the enduring success of our company. We value people who are decisive, courageous and adaptable. While we are one company, locations and departments operate with autonomy and accountability. Individuals take the initiative here. When you join Prologis, you work shoulder to shoulder with some of the top talent in the industry to do the best work of your career. Every employee belongs. Every employee contributes. Employees advance their careers here. As a successful global enterprise, Prologis has never lost sight of what matters most, our strong belief that our people are the most important part of our business. And because of that, we provide a generous total rewards package and take a lot of time to focus on quality management and leadership development. People come first here. All full‑time roles in the US come with a robust benefits package which includes healthcare, dental, and vision insurance for employees and eligible dependents. Prologis also offers several other wellness, financial, and work/lifestyle‑specific benefits. Our 401(k) retirement plan has a company match of 50% up to 12% of eligible compensation. We also offer generous PTO with a starting accrual of 22 days a year in addition to paid holidays and volunteer time. All job offers are contingent upon successful completion of background verification. Prologis is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religions, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law. Employment Type: Full time Location: San Francisco, California Additional Locations: New York, New York We are builders, thinkers and doers—creating more than space, we power global commerce. We seek and attract top talent from around the world and foster a culture where diverse ideas fuel innovation, collaboration and excellence