Macdonald & Company is pleased to be partnered with a privately held industrial developer in Houston to find and appoint a development manager or senior development manager to help execute their existing industrial pipeline.
Great growth opportunity to join a lean team of high performing, best in class developers in Houston, who have a significant track record and have capabilities to develop through their own capital sources or look at JV opportunities.
KEY RESPONSIBILITIES
The activities listed here are not all-inclusive; rather, they indicate the types of activities normally performed by this position.
Have a track record of site acquisition and development and an extensive network in real estate, government affairs, review boards, developers, and capital market groups.
Have a specific knowledge of site selection (e.g. taxation, utilities, networks, entitlements and land use, site feasibility and due diligence studies, risk management, security considerations, etc.)
Have general knowledge of construction means and methods.
Work closely with the market leader to promptly analyze and ensure project feasibility for both new development as well as redevelopment/repositioning investments.
Possess strong negotiations skills that have resulted in financial, business and legal benefits.
Prepare and maintain project performance metrics that include pre-development budget, development budget, and project timeline.
Provides analysis and participates with other senior team members on determining whether or not to pursue specific opportunities.
In partnership with the Acquisitions and Marketing Team, tests feasibility of projects through the coordination of physical due diligence activities.
Be able to develop and document comprehensive business cases, deal summaries, and executive presentations
EXPERIENCE REQUIRED
BS, BA or MBA in Business, Finance, Real Estate or Masters in Real Estate Development a plus.
4+ years of Commercial Real Estate Experience required.
Direct experience in Land Acquisition and Development for the industrial sector
Willingness and ability to consistently dive deep into market analysis, deal negotiation and strategic planning in assigned regions.
Strong negotiations skills from both a Business and Legal terms standpoint.
Extensive market knowledge with an established network of brokers, developers, and connections.
Sufficient knowledge of favorable site characteristics, site planning, brand visibility, ease of access
Strong knowledge of Microsoft Office Suite (Outlook, Excel, PowerPoint, Word, SharePoint)