Investment Analyst Program (IAP) Intern

About the role

Prologis leads the industry with a 1.3 billion square‑foot portfolio and approximately $3.2 trillion in annual throughput, creating intelligent infrastructure that powers global commerce. The Summer Internship Program offers students of diverse educational backgrounds the opportunity to gain practical experience over a 10‑ to 12‑week period. Interns collaborate on significant projects, interact with company leaders, attend seminars and Q&A sessions, and participate in local market tours to understand how their contributions impact the business. The position is full‑time and based in San Francisco, California (with additional locations available).

Responsibilities

• Support investment analysis for potential acquisitions, development projects, and existing land‑bank assets.
• Build discounted cash flow models to analyze returns for potential acquisitions.
• Assist with pro forma models for potential build‑to‑suit and speculative development projects.
• Compile and maintain a sales comparison database to support analysis of market trends and property values.
• Prepare and update base case pro forma models for existing land‑bank assets.
• Collaborate with teams across departments and regions on investment analysis projects and share relevant findings.

Requirements

• Currently enrolled in an undergraduate program as a rising junior or senior, or currently enrolled in a graduate program.
• Proficient user of Microsoft Office applications, including intermediate to advanced Excel capabilities (lookup functions, logical formulas, pivot tables/charts, etc.).
• Clear verbal and written communication skills.
• Attention to detail and commitment to professionalism and integrity.
• Ability to collaborate as part of a team and willingness to learn.

Qualifications

• Coursework or project experience in financial modeling, investment analysis, or real estate.
• Experience with discounted cash flow analysis, pro forma modeling, or comparable sales research.
• Experience using Argus or other financial modeling software.
• 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.

Benefits

• Healthcare, dental, and vision insurance for employees and eligible dependents.
• 401(k) retirement plan with a company match of 50% up to 12% of eligible compensation.
• Generous paid time off with a starting accrual of 22 days per year, plus paid holidays and volunteer time.
• Additional wellness, financial, and work/lifestyle‑specific benefits.

Pay

Undergraduate interns: $25–$30 per hour. Graduate interns: $35–$40 per hour.