Investment Manager

Prologis; Houston (TX); On-site; USD 124,000 - 154,000; Full time

Job summary

Prologis is seeking an Investment Manager to join the Capital Deployment team in Houston, with responsibilities across acquisitions, redevelopment, and development activities in the Houston, Austin, and San Antonio market.

You will partner with regional teams to source, evaluate, and execute investment opportunities, leading underwriting, financial modeling, and memos for senior leadership. Travel up to 25% locally is expected.

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, or a related field.
• 3+ years of experience in real estate (investment, finance, development, or private equity).
• Advanced understanding of real estate finance, equity capitalization structures, and valuation concepts (NPV, IRR, cap rates).
• Experience reviewing and preparing key real estate documents (LOIs, offering memorandums, leases, market reports, RFPs).
• Strong financial modeling skills in Argus and Excel.
• Excellent communication, analytical, and presentation skills with attention to detail.
• Ability to manage multiple projects in a fast-paced, entrepreneurial environment.
• Willingness to travel up to 25% locally.

Responsibilities

• Source and execute capital deployment opportunities including land acquisitions, redevelopments, developments, and select M&A opportunities.
• Develop relationships with brokers, architects, contractors, engineers and consultants to expand deal flow.
• Identify and present new investment opportunities by analyzing market trends and dynamics.
• Conduct macroeconomic and market research and prepare investment strategy presentations.
• Lead underwriting, feasibility analysis, and financial modeling (DCF, pro forma, Argus, Excel).
• Prepare and deliver investment memos and presentations for senior management and Investment Committee.
• Support quarterly reporting and evaluation of land bank and pipeline.
• Provide analytical and execution support to advance new business opportunities.

Skills

Real estate finance

DCF modeling

Argus

Excel

Financial analysis

Presentation skills

Multitasking

Travel up to 25%

Education

Bachelor's degree in Accounting/Finance/Economics

3+ years real estate experience

Master's degree (preferred)

Tools

Argus

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 Manager Company: Prologis

A day in the life

The Investment manager will play a key role on the Capital Deployment team, supporting acquisitions, redevelopment, and development activities in the Houston, Austin, and San Antonio market. This individual will partner closely with the region’s Capital Deployment team members and cross-functional teams to identify, evaluate, and execute investment opportunities.

Key responsibilities include:

• Partner with Investment and Market Officers, Development, Entitlement, and Leasing teams to source and execute capital deployment opportunities, including land acquisitions, value-add redevelopments, developments, single-asset and portfolio acquisitions, and select M&A opportunities.
• Develop and maintain strong relationships with external partners including brokers, architects, contractors, engineers and other consultants to expand deal flow and market intelligence.
• Identify and present new investment opportunities by analyzing market trends and competitive dynamics.
• Conduct comprehensive macroeconomic and market research initiatives, monitor key trends, and prepare presentations that inform investment strategy.
• Lead underwriting, feasibility analysis, and financial modeling (DCF, pro forma, Argus, Excel) to evaluate acquisitions and speculative development projects.
• Prepare and deliver investment memos and presentations for senior management and the Investment Committee.
• Support quarterly reporting and ongoing evaluation of the existing land bank and pipeline.
• Provide analytical and execution support to advance new business opportunities.

Building blocks for success

Required:

• Bachelor’s degree in Accounting, Finance, Economics, or a related field.
• 3+ years of experience in real estate (investment, finance, development, or private equity).
• Advanced understanding of real estate finance, equity capitalization structures, and valuation concepts (NPV, IRR, cap rates).
• Experience reviewing and preparing key real estate documents (LOIs, offering memorandums, leases, market reports, RFPs).
• Strong financial modeling skills in Argus and Excel.
• Excellent communication, analytical, and presentation skills with attention to detail.
• Ability to manage multiple projects in a fast-paced, entrepreneurial environment.
• Willingness to travel up to 25% locally.

Preferred:

• Proven ability to source and execute deals independently.
• Master’s degree in Business, Finance, Economics, or related field.
• Knowledge of Houston, Austin, and San Antonio real estate market.
• Collaborative, team-oriented approach with ability to work effectively with internal stakeholders and external partners.
• Strong writing and verbal communication skills, with ability to distill complex concepts clearly.
• Highly motivated, organized, and adaptable with a strong sense of ownership.
• Proficiency in Microsoft Office Suite; familiarity with Salesforce, Yardi, PeopleSoft, or similar systems is a plus.
• Demonstrates 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.

Hiring Salary Range of: $123,000 - $154,000 USD.

Salary and whole compensation package (bonus target) 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-KR1

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: Houston, Texas

Additional Locations:

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