Senior Associate, Site Acquisition

CloudHQ International • Washington, DC

3d

About The Position

About CloudHQ:

CloudHQ is a global leader in hyperscale data centre solutions, delivering secure, high-performance, and resilient facilities for many of the world’s largest technology companies.

CloudHQ is a global leader in digital infrastructure, designing, building, and operating large-scale hyperscale and colocation data centres across North America, EMEA, Asia, and South America. Founded by a pioneer in data centre REITs, CloudHQ delivers flexible, efficient, and resilient data centre solutions that empower the world’s largest technology companies.

Role Overview:

The Senior Associate, Site Acquisition is responsible for identifying and acquiring sites needed to build the future of CloudHQ special projects growth in the US. Duties include growth planning, due diligence, risk assessment, advising on permitting and land use data, portfolio management, land purchase negotiation, executing land acquisition process, and advising through site pre-development.

This individual will drive the operational processes that will allow the business to scale across multiple markets.
The Senior Associate will ideally have an existing network in real estate, government affairs, review boards, developers, and capital market groups. He or she must have the ability to work independently and collaboratively, have a keen eye for detail, and effectively navigate uncharted areas.

Requirements

• 5+ years of experience in data center or utilities (energy, telecom) site selection or related experience
• Project management experience to deliver multiple high priority projects simultaneously
• Meticulous attention to detail and keen analytical thinking
• Exceptional communication skills (written and verbal), including interfacing with senior leadership
• Ability to develop and review financial models to understand specific development pro-forma and valuation components.
• General knowledge of data center principals, including design, construction, and operations
• Ability to identify process improvements and proactive solutions
• Ability to prepare and review deal structures
• Ability to negotiate complex lease agreements, acquisition and/or incentive contracts, in cooperation with legal counsel
• Self-starter with the ability to adapt well to fast-paced environments with changing circumstances, direction, and strategy
• Knowledge of infrastructure construction, environmental and social impact assessments, project budgeting and scheduling, project management, government policy and business development and risk assessment
• Proficient skills in Excel, Word, CAD, and CRM software

Nice To Haves

• Bachelor’s degree in related field (real estate development, finance, engineering), preferred
• The Senior Associate will ideally have an existing network in real estate, government affairs, review boards, developers, and capital market groups.

Responsibilities

• Compile and analyze portfolio of geographical locations and prospective site information
• Evaluate site conditions, hazards and limitations relative to risk appetite, proposing strategies and potential site acquisitions, including: Assessing and drawing conclusions on permitting, zoning and land use data; natural hazards, floodplain and climatological data; manmade risks; energy requirements, including renewable energy options; network connectivity and utility availability; water and wastewater availability and cost; environmental, community and social impacts; legal, physical risk and financial implications; design, demand, and incentives
• Consolidate, quantify and compare inputs such as these, evaluate cost, design/build risk and schedule implications, and select regions and sites for development.
• Advising on real estate, engineering, construction, policy, planning, and business development considerations
• Partnering with a variety of key stakeholders and global teams including but not limited to Accounting, Development, Operations, Legal/Risk, Tax, Sales, and Finance
• Provide assessment of risk and exposures to senior leadership as well as providing continued future guidance to technical teams through the site development phase
• Liaise with policymakers and municipalities for the development of business opportunities
• Oversee seller, customer, and consultant relationships while coordinating with internal teams; serve as point of contact for buyers, external and internal business owners and vendors as needed
• In collaboration with the VP of Site Acquisition, construct and negotiate complex acquisition and lease agreements according to CloudHQ best practices and process
• Prioritize risk-based mitigation recommendations, partner with key stakeholders and manage projects to successful resolution
• Develop and maintain annual budget, including effective tracking and benchmarking of infrastructure costs and performance indicators
• Manage and drive continuous risk assessment of our projects and develop long term metrics to drive continuous improvement

Benefits

• Work on technically challenging, high-impact projects with massive scale.
• Collaborate with top engineering and construction partners worldwide.
• Work in a high-growth, innovation-driven environment with significant career progression opportunities.

What This Job Offers

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