Vice President, Acquisitions and Development
About The Position
Public Storage is seeking a Vice President, Acquisitions and Development to lead sourcing, evaluation, negotiation, and advancement of acquisitions, developments, redevelopments, and expansion opportunities across target markets. This role involves developing market strategies, overseeing underwriting and valuation, leading due diligence efforts, and building strong relationships with external stakeholders. The position also requires managing pipeline visibility, coordinating with various internal departments, and providing strategic recommendations for portfolio growth. The ideal candidate will support continuous improvement in acquisition and development workflows and market intelligence.
Requirements
- Bachelor’s degree in Real Estate, Finance, Business, Economics, or a related field.
- 12+ years of experience in commercial real estate acquisitions, development, investment, or portfolio growth.
- Strong understanding of underwriting, valuation, due diligence, market analysis, and development processes.
- Strong negotiation, relationship management, and strategic planning skills.
- Strong financial analysis and executive communication capabilities.
- Ability to lead complex cross-functional initiatives across multiple markets.
- Candidates must be authorized to work in the U.S. without restrictions or requiring sponsorship now or in the future.
Nice To Haves
- Experience in self-storage, retail, industrial, multifamily, or another multi-site operating environment.
- Experience in a public company, REIT, or growth-oriented real estate organization.
- Strong market relationships preferred.
- MBA or Master’s in Real Estate preferred.
Responsibilities
- Lead sourcing, evaluation, negotiation, and advancement of acquisitions, developments, redevelopments, and expansion opportunities across target markets.
- Develop market strategies and portfolio growth plans informed by market trends, competition, demographics, and investment priorities.
- Oversee underwriting, valuation, business case development, and investment committee materials for transaction opportunities.
- Lead due diligence efforts across legal, title, environmental, operational, entitlement, and financial workstreams.
- Build and maintain strong relationships with brokers, developers, landowners, municipalities, consultants, and other external stakeholders.
- Coordinate with Legal and leadership on letters of intent, purchase agreements, development agreements, joint ventures, leases, and related real estate documents.
- Manage pipeline visibility, prioritization, transaction status, risk tracking, and leadership reporting.
- Partner with Development, Architecture, Construction, and Operations to transition approved deals into execution.
- Provide strategic recommendations related to market entry, capital allocation, timing, risk, and portfolio fit.
- Support continuous improvement in acquisition and development workflows, market intelligence, and decision support.
Benefits
- Public Storage teammates are expected to work in the office five days each week with the option to take up to three flexible remote days per month.
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What This Job Offers
Job Type
Full-time
Career Level
Executive
