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Director – Investment

Director – Investment

CompanyPrologis
LocationToronto, ON, Canada
Salary$159000 – $218000
TypeFull-Time
Degrees
Experience LevelSenior, Expert or higher

Requirements

  • 7+ year track record of acquiring and developing commercial real estate with a focus on industrial properties. Multi-market market exposure to major Canadian markets is a plus.
  • Proven track record of sponsoring 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 and/or entitlement challenged properties is a plus.
  • 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.
  • Ability to balance multiple pursuits and work in a fast-paced, dynamic environment.
  • Travel expectation 10-20%.

Responsibilities

  • Partner and collaborate with the Investment Officer and Development and Leasing teams to identify and proactively advance capital deployment initiatives and pursuits (including green-field land acquisitions, speculative and build-to-suit developments, value-add redevelopments, portfolio and single asset acquisitions of 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 communicate merits of new investment opportunities to the Senior Leadership and 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.
  • Direct all land development and entitlement efforts within the market in partnership with Development and Leasing teams, as well as external resources to maintain project schedules.
  • Oversee due diligence of new investments.
  • Coach, mentor and lead junior team members.

Preferred Qualifications

  • In depth understanding of the GTA industrial market, and proven track record of leading successful acquisitions.
  • Current Real Estate sales license in the Province of Ontario or be able to obtain a license within six months of commencing employment. Please note that the company will cover relevant, associated costs and will consider the reasonable time spent acquiring the license as part of work hours.