Market Officer - Industrial Real Estate Acquisitions and Development (Midwest)

Provident • Chicago, IL

4h

About The Position

The Market Officer will be based in the greater Chicago area and responsible for spearheading and executing Provident Industrial’s initiatives within the Midwest market, targeting projects in Illinois, Indiana, Ohio, and Minnesota. This role will serve as the primary representative of the company in the region, overseeing all aspects of development, acquisitions, asset management, leasing, and dispositions.
The ideal candidate will own and manage projects from inception through disposition, requiring deep expertise in financial modeling, deal structuring, construction and development, and capital markets to drive successful projects from inception to completion. The Market Officer will report to the Managing Director, playing a pivotal role in expanding Provident Industrial’s presence in the Midwest region.

Requirements

• 7-10+ years of experience in industrial real estate (development and/or acquisitions preferred).
• Proven ability to source, underwrite, and execute industrial development projects.
• Understanding of the development process, including zoning, entitlements, permitting, and construction.
• Experience and understanding working with complex capital structures, financial modeling, deal structuring, and negotiation.
• Established network of brokers, developers, and industry professionals in the Midwest market.
• Strong negotiation and transaction management skills.
• Bachelor’s degree in Real Estate, Finance, Business, or a related field

Nice To Haves

• MBA or Master’s in Real Estate is a plus

Responsibilities

• Lead and manage the Midwest market, overseeing personnel and strategic growth initiatives for the market.
• Develop and implement the business and investment strategy for the Midwest market.
• Identify, evaluate, and execute new development and acquisition opportunities.
• Build and maintain the Provident brand with brokers, consultants, and industry professionals.
• Identify and pursue new development opportunities, ensuring alignment with Provident Industrial’s strategic goals.
• Cultivate and maintain strong relationships with brokers, property owners, and industry stakeholders to generate deal flow.
• Conduct market research and feasibility studies to assess the viability of potential acquisitions and development sites.
• Drive deal negotiations, underwriting, and transaction execution to secure high-value industrial real estate projects.
• Manage the entitlement, permitting, and construction processes for all industrial projects in the region.
• Collaborate with contractors, architects, engineers, and consultants to ensure projects are delivered on time and within budget.
• Continuously assess and mitigate risks throughout the development and construction lifecycle.
• Oversee and implement leasing strategies to maximize occupancy and rental revenue.
• Foster strong relationships with tenants and property management teams to ensure a seamless operational experience.
• Execute and oversee the asset management plan, optimizing financial performance and property value.
• Develop and execute exit strategies, ensuring assets are positioned for successful sale.
• Engage with brokers and investors to attract interest and competitive bidding.
• Negotiate transaction terms to achieve underwritten financial returns.
• Oversee the closing process, ensuring smooth and efficient execution of transactions.

Benefits

• Industry-leading platform with strong financial backing.
• Opportunity to lead, shape, and grow a major regional market with significant autonomy.
• Competitive compensation package, including performance-based incentives.
• Collaborative, high-performance culture that values innovation and entrepreneurial thinking.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level