Real Estate Manager

About the role

This position will act as the key individual for executing real estate purchase, lease and sale transactions in their region for a growing global data center company. Focus will be on activities relating to management of an existing portfolio of data center properties and site acquisitions related to new development opportunities.

Responsibilities

• Inventory Planning and Capex Forecasting
• Reviews and prepares valuation analyses using various valuation methods, including discounted cash flow models using the standard suite of Microsoft Office software (Word, Excel, PowerPoint) and/or Argus to execute related deliverables
• Provides analytical support for various asset acquisition projects and lease negotiations
• Conducts research on real estate and data center market in various metros
• Compares and analyzes market transactions for valuation purposes
• Maintains an inventory roadmap for each metro
• Develops real estate strategy for each metro and supports capex forecast on planned developments
• Assists in asset acquisitions
• Project manages implementation of multiple site searches, ranging in scale from small offices to large data center buildings and greenfield sites
• Manages vendors and advisors in order to meet site selection requirements and review all due diligence materials
• Coordinates land and power permitting approvals with local authorities to support development of data centers
• Supports execution of asset management strategies including expansion, contraction, disposition and reconfiguration of properties
• Lease Management
• Analyzes real estate leases, including evaluating and reading lease language and understanding impact to value of real estate
• Conducts lease transactions with supervision
• Conducts or directs due diligence efforts for real estate transactions
• Maintains relationships with landlords and negotiates terms for leased locations
• Project and Program Management
• Will manage team project management deliverables
• Stakeholder Management
• Communicates with landlords regarding business needs with direction
• Interfaces with internal operations colleagues to assess real estate needs and evaluate requests
• Manages real estate transaction reviews with internal and external legal counsel
• Conducts real estate related cross-functional projects with internal and external colleagues

Qualifications

• Bachelor's degree in Real Estate, Finance, or Accounting required
• 5+ years of experience at a data center company, national brokerage firm, investment bank or real estate investment firm preferred
• Real Estate License preferred