Job SummaryThis position will act as the key individual for executing real estate purchase, lease and sale transactions in their region for a growing global data center company. Focus will be on activities relating to management of an existing portfolio of data center properties and site acquisitions related to new development opportunities.
ResponsibilitiesInventory Planning and Capex Forecasting
- Reviews and prepares valuation analyses using various valuation methods, including discounted cash flow models using the standard suite of Microsoft Office software (Word, Excel, PowerPoint) and/or Argus to execute related deliverables
- Provides analytical support for various asset acquisition projects and lease negotiations
- Conducts research on real estate and data center market in various metros
- Compares and analyzes market transactions for valuation purposes
- Reviews near and long term capacity plans and maintains an inventory roadmap for each metro
- Develops real estate strategy for each metro and supports capex forecast on planned developments
Real Estate Acquisition
- Assists in asset acquisitions
- Project manages implementation of multiple site searches, ranging in scale from small offices to large data center buildings and greenfield sites
- Manages vendors and advisors in order to meet site selection requirements and review all due diligence materials
- Responsible for program delivery of multiple related projects required for a specific business functional strategy
Permitting
- Coordinates land and power permitting approvals with local authorities to support development of data centers
Asset Review
- Supports execution of asset management strategies including expansion, contraction, disposition and reconfiguration of properties
Lease Management
- Analyzes real estate leases, including evaluating and reading lease language and understanding impact to value of real estate
- Conducts lease transactions with supervision
- Conducts or directs due diligence efforts for real estate transactions
- Maintains relationships with landlords and negotiates terms for leased locations
Project and Program Management
- Will manage team project management deliverables
Stakeholder Management
- Communicates with landlords regarding business needs with direction
- Interfaces with internal operations colleagues to assess real estate needs and evaluate requests
- Manages real estate transaction reviews with internal and external legal counsel
- Conducts real estate related cross-functional projects with internal and external colleagues
Qualifications- Bachelor's degree in Real Estate, Finance, or Accounting required
- 5+ years of experience at a data center company, national brokerage firm, investment bank or real estate investment firm preferred
- Real Estate License preferred
This posting is for a backfill position, meaning it is to fill an existing vacancy within our organization.The targeted pay range for this position in the following location is / locations are:
United States - Dallas Infomart Office DAI : 118,000 - 176,000 USD / Annual
United States - Chicago Office CHO : 130,000 - 194,000 USD / Annual
United States - Ashburn Office AEO : 130,000 - 194,000 USD / Annual
Canada - Toronto Office TRO : 99,000 - 149,000 CAD / Annual
Our pay ranges reflect the minimum and maximum target for new hire pay for the full-time position determined by role, level, and location.
The pay range shown is based on our compensation structure in place at the time of posting and may be updated periodically based on business needs. Individual pay is based on additional factors including job-related skills, experience, and relevant education and/or training.
The targeted pay range listed reflects the base pay only and does not include bonus, equity, or benefits. Employees are eligible for bonus, and equity may be offered depending on the position.
Equinix BenefitsAs an employee, you become important to Equinix's success. We ensure all your benefits are in line with our core values: competitive, inclusive, sustainable, connected and efficient. We keep them competitive within the current marketplace to ensure we're providing you with the best package possible. So, wherever you are in your career and life, you'll be able to enhance your experience and bring your whole self to work.
Employee Assistance Program: An Employee Assistance program is available to all employees.
US Benefits: - Insurance: You may enroll in health, life, disability and voluntary plans that are designed for you and your eligible family members. - Retirement: You and Equinix may contribute to a retirement plan to help you plan for your financial future. - Paid Time Off (PTO) and Paid Holidays: You will receive an accrued amount of PTO each pay period along with various paid holidays for you to rest and recharge. Eligibility requirements apply to some benefits. Benefits are subject to change and may be subject to specific plan or program terms.Canada Core Benefits: - Insurance: You may enroll in healthcare coverage that is designed to complement the provincial healthcare system, along with life, disability and optional benefit plans that are designed for you and your eligible family members. - Retirement: You may also enroll in Equinix-sponsored retirement or savings plans: Defined Contribution Pension Plan (DCPP), Group Retirement Savings Plan (RRSP) and Tax-Free Savings Plan (TSFA). - Vacation and Paid Holidays: Equinix offers both vacation and personal time, along with various paid holidays for you to rest and recharge. Eligibility requirements apply to some benefits. Benefits are subject to specific plan or program terms, and to change at Equinix discretion.
