Drives Greystar’s industrial growth strategy across the Northeast and Mid-Atlantic by identifying, sourcing, and securing land suitable for future development as well as selective value-add and core industrial investment opportunities.
Requirements
- Source and evaluate industrial land acquisition targets, value-add opportunities (lease-up, repositioning, capital improvements), and core industrial assets across the Northeast and Mid-Atlantic.
- Perform financial modeling, market analysis, leasing projections, and asset-level return scenarios for both development sites and existing industrial assets to determine feasibility and strategic fit.
- Evaluate value-add opportunities by analyzing capex plans, rent growth assumptions, market comps, and lease-up timelines.
- Evaluate core opportunities through income durability, credit tenancy, and long-term yield and appreciation metrics.
- Prepare and present investment memorandums, underwriting files, pursuit budgets, and recommendations for Investment Committee approval.
- Manage the internal approval workflow for all potential acquisitions—development, value-add, and core—ensuring timely and accurate documentation.
- Direct all due diligence for land, including environmental, geotechnical, access, utilities, zoning, and entitlements.
- Oversee due diligence on existing industrial assets, including property condition assessments, lease audits, tenant interviews, expense reconciliations, tax evaluations, and compliance matters.
- Coordinate consultants to validate buildable area, infrastructure needs, and development feasibility prior to handoff to regional development teams.
- Develop clear summaries outlining risks, financial impacts, and go/no-go recommendations.
- Partner with development teams on land opportunities to ensure seamless transfer of underwriting assumptions, due diligence findings, and strategic rationale.
- Collaborate with asset management and operations teams on value-add and core opportunities to evaluate operating histories, leasing strategies, and long-term asset positioning.
- Work closely with design, construction, permitting, and market research teams to refine underwriting and validate feasibility.
- Support senior leadership with analytics, reporting, and strategic market insights.
- Maintain strong relationships with brokers, economic development agencies, landowners, institutional owners, and private industrial operators to fuel a diverse opportunity pipeline.
- Provide regular updates to executives and equity partners on pipeline activity, market trends, and investment themes.
- Represent Greystar at industry events, municipal meetings, and capital markets discussions.
Benefits
- Competitive Medical, Dental, Vision, and Disability & Life insurance benefits.
- Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
- Generous Paid Time off.
- 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
- 401(k) with Company Match up to 6% of pay after 6 months of service.
- Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
- Employee Assistance Program.
- Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
- Charitable giving program and benefits.
