Public Storage

Vice President, Development

Public Storage • $160K — $200K *
Frisco, TX 75034In-Person
Real Estate & Construction
11 - 15 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Real Estate, Finance, Business, Economics, or a similar field.
  • 12+ years of experience in commercial real estate acquisitions or development.
  • Strong knowledge of underwriting, valuation, and due diligence processes.
  • Excellent negotiation, relationship management, and strategic planning skills.
  • Proficient in financial analysis and executive-level communication.
  • Demonstrated ability to lead complex initiatives across various markets.

Responsibilities

  • Lead sourcing and evaluation for acquisitions and development projects.
  • Develop strategies for market growth based on analysis of trends and demographics.
  • Oversee the underwriting and investment documentation for transactions.
  • Manage due diligence efforts across multiple operational areas.
  • Build relationships with brokers, developers, and other stakeholders.
  • Coordinate legal documents related to real estate transactions.
  • Monitor transaction pipeline and provide leadership reporting.
  • Work with various teams to implement approved deals efficiently.
  • Offer strategic guidance on market entry and risk management.
  • Drive improvements in workflows and market intelligence.

Benefits

  • In-person collaboration as a value, with flexible remote options available.
  • Emphasis on teamwork and collaborative culture.
Full Job Description
Job Description

Key Responsibilities

Acquisitions & Development Leadership
  • Lead sourcing, evaluation, negotiation, and advancement of acquisitions, developments, redevelopments, and expansion opportunities across target markets.
  • Develop market strategies and portfolio growth plans informed by market trends, competition, demographics, and investment priorities.
  • Oversee underwriting, valuation, business case development, and investment committee materials for transaction opportunities.
  • Lead due diligence efforts across legal, title, environmental, operational, entitlement, and financial workstreams.
  • Build and maintain strong relationships with brokers, developers, landowners, municipalities, consultants, and other external stakeholders.
  • Coordinate with Legal and leadership on letters of intent, purchase agreements, development agreements, joint ventures, leases, and related real estate documents.
  • Manage pipeline visibility, prioritization, transaction status, risk tracking, and leadership reporting.
  • Partner with Development, Architecture, Construction, and Operations to transition approved deals into execution.
  • Provide strategic recommendations related to market entry, capital allocation, timing, risk, and portfolio fit.
  • Support continuous improvement in acquisition and development workflows, market intelligence, and decision support.


Qualifications

Required Qualifications
  • Bachelor's degree in Real Estate, Finance, Business, Economics, or a related field.
  • 12+ years of experience in commercial real estate acquisitions, development, investment, or portfolio growth.
  • Strong understanding of underwriting, valuation, due diligence, market analysis, and development processes.
  • Strong negotiation, relationship management, and strategic planning skills.
  • Strong financial analysis and executive communication capabilities.
  • Ability to lead complex cross-functional initiatives across multiple markets.

Preferred Qualifications
  • Experience in self-storage, retail, industrial, multifamily, or another multi-site operating environment.
  • Experience in a public company, REIT, or growth-oriented real estate organization.
  • Strong market relationships preferred.
  • MBA or Master's in Real Estate preferred.


Additional Information

Workplace
  • One of our values pillars is to work as One Team and we believe that there is no replacement for in-person collaboration but understand the value of some flexibility. Public Storage teammates are expected to work in the office five days each week with the option to take up to three flexible remote days per month.

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About Public Storage

Public Storage is a real estate investment trust that specializes in the acquisition, development, ownership, and management of self-storage facilities. The company operates thousands of self-storage facilities across the United States and Europe. Public Storage was founded in 1972 and is headquartered in Glendale, California.
Learn more about Public Storage
Size
5,800 employees
Market Cap
$49.1 billion
Industry
Real Estate & Construction
Net Income
$1.3 billion
Founded
1972
5 Year Trend
+5.9%
Revenue
$2.9 billion
NASDAQ
PSA
* Ladders Estimates

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