Development Manager, Logistics, Central Region

Overview

Our client is a global alternative asset manager and developer. The firm's real estate portfolio is diverse and includes multifamily, logistics, office, retail hospitality, self-storage and many others.

The firm's Logistics / Industrial business, in particular, is experiencing tremendous growth and has a goal of developing and/or acquiring five to 5-7 million square feet in the United States annually. With its strong capital base and variety of capital sources, the firm is well-positioned to execute on a strong growth plan.

About the Role

We are seeking a Development Manager to join the Logistics team in Dallas, TX. This individual will join the Logistics Team and assist in managing the overall development efforts in an array of markets in the Central Region including, but not limited to: Dallas, Houston, Austin, Memphis, and Chicago. From a career development perspective, this is an opportunity to join an entrepreneurial team with a well-capitalized global platform.

The position requires a high degree of energy, enthusiasm, real estate knowledge, and professionalism.  The position will report to the SVP, Global Head of Development with a day-to-day interface with other team members. Experience in development, land entitlement, construction, tenant improvement, and overseeing capital expenditure improvements will be required of the position. This position will be responsible for sourcing, budgeting, permitting, overseeing improvements, and supporting every facet of the development cycle.

Responsibilities

• Build and maintain strong relationships, both directly and with architects and contractors in the region, to effectively source opportunities.
• Lead a team of consultants, and contractors to obtain the regional capital deployment goals and objectives.
• Manage cost and timeline of each development project, large tenant improvement jobs, and important capex projects as necessary.
• Lead and manage the establishment of site plans that deliver the best-in-class product consistent with the market demands and the firm's standards, while achieving the company’s investment assumptions coupled with the associated floor plans, proposed specifications, construction budgets, and schedules.
• Lead and participate in the due diligence investigation of new investment opportunities, including coordination with third parties.
• Lead in preparing exhibits for investment memorandums that communicate conclusions and investment risk in a narrative presentation to senior management, including approval through participation in the Investment Committee.
• Lead in coordinating all site entitlement and building due diligence including environmental site assessments, hydrology, boundary surveys, easements, geotechnical evaluations, platting, permitting, etc.
• Assist as required in preparing physical due diligence reports, replacement cost budgets, and capital improvements budgets needed for pursuit of acquisition properties.
• Prepare preliminary development budgets (i.e., Proformas, Land Models, Development reports) for proposed land, building and tenant improvement cost for review with the VP, Development Officer for evaluation.
• Establish, plan, and chair regularly scheduled development meetings to communicate the company’s expectations and oversee the timely completion of milestones set forth in the each of the contemplated developments.
• Collaborate with a team of development professionals and analysts based in the Central Region
• Support asset management and building acquisitions in the Central Region
• Coordinate all site entitlement and building due diligence including environmental site assessments, hydrology, boundary surveys, easements, geotechnical evaluations, platting, traffic, permitting, etc.

Qualifications

• 10+ years of experience in design, engineering, and construction, with a proven track record of leading and executing projects.
• Thorough knowledge of the construction and/or development process, ideally for logistics / industrial and / or multifamily.
• Experience and gravitas to manage internal and external resources, consultants, and contractors.
• Strength in oral and written communication coupled with the ability to craft and present detailed work product.
• Drive, intellectual horsepower and a proactive, forward-thinking approach, with an emphasis on collaboration and team-orientation
• Highly organized, patient, and strategic orientation with an ability to defend his/her position in a well-reasoned, articulate fashion in a non-authoritative environment
• The ability to set clear and challenging goals while committing to improved performance, tenacious and accountable in driving results.
• Comfortable with ambiguity and uncertainty; the ability to adapt nimbly and navigate complex situations.