Prologis, Inc. is the global leader in logistics real estate. In partnership with our customers and our communities, we develop modern, high-quality properties that set the standard for innovative building design and sustainability. Prologis owns or has investments in properties and development projects of ~1.2 billion square feet in 19 countries and enables 2.8% of the world’s GDP. We have committed to achieve net zero emissions by 2040. Beyond real estate, our Essentials platform optimizes the company’s global asset portfolio to provide our customers solutions that address today’s warehouse and shipping challenges. Prologis Ventures invests in logistics innovation and technology companies to modernize supply chains worldwide.
Job Title:
Investment Director
Company:
Prologis
A day in the life
Prologis is seeking an Investment Director to oversee acquisitions, redevelopment, and development activities in the South Florida market. As an Investment Director you will play a key role in setting investment strategy and driving activity and growth in the marketplace for Prologis by leading the origination, underwriting and execution of industrial property acquisitions and developments. This role is based in our Miami Doral or Fort Lauderdale office.
Key responsibilities include:
- Partner and collaborate with the Investment Officer, Market Officer, Development and Leasing teams to identify and proactively advance capital deployment initiatives and pursuits (including green-field land acquisitions, speculative and build-to-suit developments, value-add redevelopments, portfolio and single asset acquisitions of industrial buildings and support M&A and entity investments).
- Leverage existing professional relationships and develop new strategic contacts to generate business opportunities with potential real estate partners, private sellers, brokers, investment bankers, owners, developers, consultants and high net-worth individuals.
- Identify and communicate merits of new investment opportunities to the Senior Leadership and Prologis Investment Committee.
- Ability to identify, anticipate, communicate and capitalize on market trends to bring industry leading returns to Prologis.
- Develop comprehensive knowledge of all of the company’s assets, strategy, processes and systems.
- Direct all land development and entitlement efforts within the market.
- Oversee due diligence of new investments.
- Coach, mentor and lead junior team members.
Building blocks for success
Required
- 7+ year track record of acquiring and developing commercial real estate with a focus on industrial properties.
- Proven track record of sponsoring industrial acquisitions and taking them from cradle to grave with a solid performance history of value creation.
- Strong background in underwriting acquisitions deals including value add opportunities; experience working with environmentally challenged properties is a plus.
- In depth understanding of financial acquisition and development pro forma modeling, general construction process and pricing, redevelopment and entitlement processing.
- Background in negotiating PSAs, leases, development agreements and reporting on project performance.
- Ability to balance multiple pursuits and work in a fast-paced, dynamic environment.
- Travel expectation 10-20%.
Preferred:
- In depth understanding of the South Florida industrial market. Central Florida is a plus.
- Current Real Estate sales license in the State of Florida or be able to obtain a license within six months of commencing employment. Please note that the company will cover relevant, associated costs and will consider the reasonable time spent acquiring the license as part of work hours.
Hiring Salary Range of: $140,000-$193,000. Salary and whole compensation package (bonus target and LTI) to be determined by the candidate’s location, education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.
#LI-KR1
People First
Each of us working at Prologis plays an essential role in the enduring success of our company. We value people who are decisive, courageous and adaptable. While we are one company, locations and departments operate with autonomy and accountability. Individuals take the initiative here.
When you join Prologis, you work shoulder to shoulder with some of the top talent in the industry to do the best work of your career. Every employee belongs. Every employee contributes. Employees advance their careers here.
As a successful global enterprise, Prologis has never lost sight of what matters most, our strong belief that our people are the most important part of our business. And because of that, we provide a generous total rewards package and take a lot of time to focus on quality management and leadership development. People come first here.
All full-time roles in the US come with a robust benefits package which includes healthcare, dental, and vision insurance for employees and eligible dependents. Prologis also offers several other wellness, financial, and work/lifestyle-specific benefits. Our 401(k) retirement plan has a company match of 50% up to 12% of eligible compensation. We also offer generous PTO with a starting accrual of 22 days a year in addition to paid holidays and volunteer time.
All job offers are contingent upon successful completion of background verification. Prologis is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religions, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.
Employment Type:
Full time
Location:
Miami, Florida
Additional Locations:
What We Do
Prologis is the global leader in logistics real estate. In partnership with top manufacturing and distribution companies (e.g., Amazon, BMW, DHL, FedEx, Pepsi), we ensure timely delivery of the products that make modern life possible.
Why Work With Us
We embrace change. We ask “why” and trust that discomfort and failure are part of success.
We listen, question, then commit to each other. Together as one team, we actively seek and leverage different perspectives, challenge our own best ideas and commit to a common goal.
We simplify and sprint. Speed and agility drive results.
Gallery
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