Asset Management Associate

The Associate will initially focus primarily on managing Data Center business plan development and implementation (including sales/dispositions, follow-on acquisitions, refinancings, and leasing), third party relationships, development oversight, monitoring and reporting asset level performance, and identifying potential investment issues. The Associate will also work together with the Head of Data Center acquisitions on new investment opportunities/acquisitions.

 Specific responsibilities include:

• Managing the preparation of property business plans, operating budgets, capital strategy  (e.g., sales/dispositions, follow-on acquisitions, refinancings, etc.), and leasing strategy;
• Working with the Head of Data Center acquisitions on new investment opportunities/acquisitions;
• Conducting market assessments and making recommendations based on results;
• Working on special projects including hold-sell analyses, refinancing opportunities, and Data Center sector initiatives;
• Interacting with joint venture partners and third-party service providers and helping to manage those relationships;
• Managing business plan performance and making recommendations to correct any variances;
• Managing the lease approval process;
• Attending development meetings and reviewing development draws for Data Center repositioning / renovation projects;
• Reviewing design drawings, development plans, budgets and schedules to help identify profit-maximizing opportunities;
• Traveling domestically to visit real estate assets and existing partners;
• Performing property and portfolio valuations and return analyses for quarterly investor reports.

Qualifications:

• 3-4 years of relevant experience preferred, including real estate acquisitions, asset management, construction management/budgeting, operations, or finance. Data Center experience is a plus.
• Strong communication skills (both written and verbal)
• Development and/or real estate cash flow modeling experience   
• Strong quantitative and technical/computer skills (including proficiency in Microsoft Excel and ARGUS)
• A true self-starter capable of accomplishing complicated tasks with limited supervision
• Bachelor’s degree in real estate, finance, business or related area and/or an MBA in real estate or finance