Vice President - Investments (Industrial Outdoor Storage)

Franklin Templeton • Los Angeles, CA

1d • Hybrid

About The Position

Clarion Partners has been a leading real estate investment manager for over 40 years, headquartered in New York with offices across the United States and Europe. The firm offers a broad range of real estate strategies to approximately 500 institutional investors globally and operates independently as a Specialist Investment Manager owned by Franklin Templeton. The Vice President, Investments– IOS is responsible for the full lifecycle of Industrial Outdoor Storage (IOS) investments, encompassing sourcing, underwriting, due diligence, execution, stabilization, and disposition. This hybrid role focuses specifically on truck terminals, maintenance/service facilities, and low coverage industrial properties, requiring deep familiarity with IOS-specific risks such such as zoning, legal nonconforming use, tenant rollover, and infrastructure constraints. Clarion Partners is actively investing in the IOS sector across several capital sources, and this role aims to expand coverage, deepen expertise, and elevate the firm's profile in this space. The ideal candidate will possess strong investment acumen, structuring expertise, execution capabilities across various risk profiles, and broad relationships with operators and brokers. This is a unique opportunity to be involved in the early stages of a fund, driving growth and adapting portfolio composition, and to help refine and enhance the firm’s capabilities in the IOS sector with the goal of achieving significant scale. The role is suited for entrepreneurial candidates with a proven track record of success who are eager to build a business supported by a leading real estate investment management company.

Requirements

• 7-10 years of experience of acquisitions experience with much of the time focused on industrial and/or IOS strongly preferred
• Currently in an acquisitions or asset management role within an established real estate investment management firm or operator with significant allocation towards the industrial sector
• Industrial sector expertise and existing broker/operating partner relationships
• Advanced Excel and Argus proficiency
• Strong communication, leadership, and execution skills
• Bachelor’s degree required
• Travel required
• The inclination to seek and analyze data from a variety of sources to support decisions
• Develops new, innovative ideas that will stretch the organization and push the boundaries within the industry
• Sets clear and challenging goals; tenacious and accountable in driving results
• High degree of integrity, transparency and forethought in his/her approach to decision-making
• Naturally connects and builds strong relationships with others, demonstrating strong emotional intelligence and an ability to communicate clearly and persuasively
• Highly motivated individual who works well in a fast-paced, time-sensitive environment

Nice To Haves

• MBA, MRED, or CFA is a plus

Responsibilities

• Source and evaluate IOS investments across the risk spectrum with a focus on core, core-plus, and value-add strategies
• Maintain relationships with brokers, owners, tenants, and operating partners
• Evaluate operating partner processes, acumen, JV and performance incentive structures
• Lead underwriting using Excel and Argus
• Prepare and present Investment Committee memoranda
• Lead due diligence efforts including zoning analysis, environmental reviews, and site condition assessments
• Assist in negotiating transaction documents and managing the closing process
• Execute leasing and capital improvement strategies
• Develop annual operating budgets, property valuations
• Manage third-party vendors, leasing brokers, operating partners, and property managers
• Review monthly and quarterly performance and conduct valuations and hold/sell analyses
• Assist in overseeing dispositions and redevelopment strategies where applicable

Benefits

• Generous benefits designed with the health and financial welfare of our employees and their families in mind
• Highly competitive and expansive health care coverage
• A comprehensive 401K
• Company-sponsored volunteer opportunities
• Individual volunteer time off
• Parental leave
• Childcare programs
• Other benefits and discount purchase programs
• Tools, resources, and learning opportunities to help them excel in their career and personal life

What This Job Offers

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