Real Estate Manager
Equinix•Dallas, TX
•$118,000 - $176,000•Onsite
About The Position
This position will act as the key individual responsible for executing complex commercial real estate transactions, including lease negotiations, acquisitions and dispositions across 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.
Requirements
- 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
- Demonstrated responsibility for negotiating leases, acquisitions or dispositions
Nice To Haves
- Real Estate License preferred
Responsibilities
- Leads complex lease negotiations for new sites, renewals, expansions, contractions and other portfolio initiatives
- Analyzes real estate leases, including evaluating and reading lease language and understanding impact to value of real estate
- Conducts or directs due diligence efforts for real estate transactions
- Serves as the primary commercial contact with landlords and counterparties, driving favorable business outcomes while balancing long-term strategic objectives
- Supports real estate transactions through financial analysis and valuation methods, including discounted cash flow modeling using the standard suite of Microsoft Office and/or Argus
- Conducts research on real estate and data center market in various metros
- Compares and analyzes market transactions for valuation purposes
- Reviews near and long-term capacity plans and maintains an inventory roadmap for each metro
- Develops real estate strategy for each metro and supports capex forecast on planned developments
- Support and eventually lead commercial negotiations for asset acquisitions and strategic real estate transactions
- 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
- Responsible for program delivery of multiple related projects required for a specific business functional strategy
- 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
- Develops and manages project plans, timelines, risks and deliverables across multiple real estate initiatives
- Prepares executive-ready analyses and presentation materials to support capital allocation and real estate investment decisions
- Owns relationships with landlords, brokers and external partners throughout lease transaction negotiations
- 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
Benefits
- Employee Assistance Program
- Health insurance
- Life insurance
- Disability insurance
- Voluntary plans
- Retirement plan
- Paid Time Off (PTO)
- Paid Holidays
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
