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Site Acquisition Manager

Public Storage

Site Acquisition Manager

Plano, TX
Full Time
Paid
  • Responsibilities

    Job Description

    We currently have a great opportunity for a SITE ACQUISITION MANAGER to be based out of our regional office in Plano, TX. The Site Acquisition Manager will report to the Regional Vice President of Development and will work directly with the Director of Acquisitions. The successful candidate will devote full-time efforts to identifying potential development properties, negotiating contracts, coordinating due diligence, preparing proposals for the Capital Committee, and facilitating the acquisition and development of new properties for the company.   RESPONSIBILITIES:

    • Identify and source potential development sites across multiple markets. 
    • Build, develop, and direct real estate broker networks in multiple markets 
    • Underwrite, analyze, and articulate the value proposition for acquisitions.
    • Negotiate Purchase and Sales documents with prospective sellers.
    • Prepare and present prospective purchase opportunities to the Capital Committee.
    • Coordinate due diligence and confirm purchase assumptions throughout the due diligence period.
    • Collaborate closely with the Company’s Real Estate Development and Construction teams to deliver completed projects.
    • Assist in the closing process and the development process necessary to realize the acquisition assumptions.
    • Qualify/Complete preliminary research of zoning ordinances for intended use.
    • Other projects/duties as assigned
  • Qualifications

    Qualifications

    • Has led high-volume sourcing and identification of prospective project sites by leveraging online real estate databases, real estate broker community, and other methods as needed. 
    • Proven track record of managing multiple transactions at the same time. Understands the requirements needed to build a robust transaction pipeline year after year. 
    • Experienced in the underwriting and valuation of acquisition opportunities. 
    • Excellent negotiation skills with the ability to sell your ideas and the rationale behind them. 
    • Experienced in managing the due diligence requirements and the knowledge to assess and mitigate risks in the transaction process. 
    • B.S. in Business Administration or other 4-year degree required plus a minimum of 3-5 years of direct relevant experience. 
    • Team oriented.
    • Exceptional written and verbal communication skills. 
    • Has exhibited a high degree of self-motivation and success in past endeavors.

    Additional Information

    All your information will be kept confidential according to EEO guidelines.