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

Prologis; Dallas (TX); On-site; USD 206,000 - 284,000; Full time

Benefits offered by this job

Health benefits

401(k) company match

PTO and holidays

Volunteer time

Job summary

Prologis seeks a VP, Investment Officer - Data Centers to lead capital deployment, acquisitions, redevelopment and development of data center and industrial assets. You will drive investment strategy, oversee origination, underwriting and execution, and work to grow Prologis’ data center portfolio with a strong emphasis on value creation.

The role requires 10+ years in CRE, a background in managing complex projects, and willingness to travel 20–40%.

Qualifications

• 10+ years of acquiring and developing commercial real estate, with a focus on industrial and data center projects.
• Travel 20-40% is expected.
• Experience sponsoring data center or industrial acquisitions with value creation.

Responsibilities

• Drive deal flow by identifying new capital deployment opportunities (green-field land, redevelopment, portfolio and asset acquisitions).
• Develop relationships with real estate partners, brokers, bankers, owners, developers and high net-worth individuals.
• Present new opportunities to Senior Leadership and Investment Committee.

Skills

Acquisitions

Entitlements

Rezoning

Project Management

Development

Tools

Financial modeling - pro forma

Job description

Job Title: VP, Investment Officer - Data Centers (Central/East)

Company: Prologis

A day in the life

As a VP, Investment Officer - Data Centers, you can expect to handle all capital deployment activities including acquisitions, redevelopment and development of data center and industrial product. You will play a key role in driving investment strategy, activity and growth in the marketplace for Prologis. Our investment officers are critical to the ongoing future growth of our business. Having a background in setting an investment strategy and leading the origination, underwriting and execution of data center and industrial property acquisitions and developments is critical for success on day one.

Key responsibilities include:

• Partner with local Investment Officers, Project Managers, Market Officers and Leasing teams to drive deal flow by directly identifying new capital deployment opportunities (includes green-field land acquisition and development, value-add redevelopments, portfolio and single asset acquisitions of data center and industrial buildings and support M&A and entity investments).
• Leverage existing professional relationships and develop new strategic contacts to generate business opportunities with potential 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 as well as Prologis Investment Committee.
• Ability to 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.
• Demonstrate 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.

Building blocks for success:

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 acquisitions 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.

Hiring Salary Range of: $206,400 - $283,800. Salary and whole compensation package (bonus target & LTI) to be determined by the candidate's location, education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

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:Dallas, Texas Additional Locations:Atlanta, Georgia, Chicago, Illinois, Columbia, Maryland, Sterling Office