VP, Investment Officer – Data Centers (Central/East)

Prologis; Chicago (IL); On-site; USD 206,400 - 283,800; Full time

Benefits offered by this job

Health insurance

401(k) with company match

Generous PTO starting at 22 days per year

Paid holidays

Volunteer time

Job summary

A leading real estate investment firm seeks a VP, Investment Officer specializing in data centers. The role involves driving deal flow through acquisitions and development of commercial real estate projects. A minimum of 10 years in the industry is required, including data center experience preferred. The position offers a competitive salary of $206,400 – $283,800 plus additional benefits, including health insurance and generous PTO. The role is based in Chicago, Illinois, with travel expected 20-40%.

Qualifications

• Minimum 10-year experience in commercial real estate, focusing on industrial and complex projects.
• Preferred data center development experience.
• Strong background in underwriting acquisition deals.

Responsibilities

• Partner with local teams to identify capital deployment opportunities.
• Leverage professional relationships to generate business.
• Present new investment opportunities to Senior Leadership.
• Capitalize on market trends for industry-leading returns.
• Develop knowledge of company's assets and processes.
• Execute high-profile entitlement and development projects.

Skills

Commercial real estate acquisition and development

Data center development

Financial modeling

Negotiation

Job description

Job Title

VP, Investment Officer – Data Centers (Central/East)

Location

Dallas, Texas (Additional locations: Atlanta, Georgia, Chicago, Illinois, Columbia, Maryland, Sterling Office)

Employment Type

Full time

Responsibilities

• Partner with local Investment Officers, Project Managers, Market Officers, and Leasing teams to drive deal flow by directly identifying new capital deployment opportunities including green‑field land acquisition and development, value‑add redevelopments, portfolio and single‑asset acquisitions of data center and industrial buildings, and supporting M&A and entity investments.
• Leverage existing professional relationships and develop new strategic contacts to generate business opportunities with real estate partners, private sellers, brokers, investment bankers, owners, developers, consultants, and high net‑worth individuals.
• Identify and present new investment opportunities to Senior Leadership and the Prologis Investment Committee.
• Identify, anticipate, communicate and capitalize on market trends to bring industry‑leading returns to Prologis.
• Develop comprehensive knowledge of all of the company’s assets, strategy, processes and systems.
• Co‑pilot on select heavy entitlement and zoning projects focused on site plan design, entitlement and land use within local municipalities.
• Execute on existing high‑profile entitlement and development projects within the current buildings, land bank and new pursuits.
• Surface BTS opportunities for Prologis’ Data Center team.

Required

• A minimum 10‑year track record of acquiring and developing commercial real estate with a focus on industrial and complex projects. Data center development experience preferred.
• Travel expectation 20‑40%.

Preferred

• Broad industry experience in acquisitions, entitlements and rezoning process, project management, leasing and development.
• Proven track record of sponsoring data center and/or industrial acquisitions and taking them from cradle to grave with a solid performance history of value creation.
• Strong background in underwriting acquisition deals including value‑add opportunities; experience working with environmentally challenged properties is an asset.
• In‑depth understanding of financial acquisition and development pro‑forma modeling, general construction process and pricing, redevelopment and entitlement processing.
• Background in negotiating PSAs, leases, development agreements and reporting on project performance.

Salary & Compensation

Hiring Salary Range: $206,400 – $283,800 (plus bonus target & LTI, based on location, experience and market)

Benefits

All full‑time US roles include a robust benefits package: health, dental & vision insurance, 401(k) with 50% company match up to 12% of eligible compensation, generous PTO starting at 22 days per year, paid holidays and volunteer time. Additional wellness, financial and work‑lifestyle benefits are offered.

Legal & EEO Statement

Prologis is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status or any other characteristic protected by law.