Prologis, Inc

VP, Development Officer

Prologis, Inc$215K — $255K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 10 years of experience in land development or construction management
  • Industrial experience with products like warehouses, data centers, and outdoor storage
  • Experience leading projects from acquisition to permitting
  • Self-motivated, capable of prioritizing tasks with minimal supervision
  • Strong communication skills, both written and verbal
  • Proficiency in Microsoft Office Suite and project management tools
  • Ability to travel approximately 35% of the time

Responsibilities

  • Manage and mentor the local development team for performance and growth
  • Oversee all development aspects including entitlement, design, and construction
  • Collaborate with the Investment Officer on land and building acquisitions
  • Engage and manage design professionals and consultants
  • Develop comprehensive project schedules and budgets from $100,000 to $500,000,000+
  • Lead the municipal approvals process for projects
  • Conduct contractor negotiations and oversee construction bids

Benefits

  • Full-time position based in East Rutherford, NJ with travel to NYC and Mt. Laurel
  • Opportunity to work on high-value and complex industrial development projects
  • Involvement in a collaborative environment with diverse internal stakeholders
  • Chance to lead a best-in-class development team and foster innovation
  • Continuous professional development and mentorship within the real estate industry
Full Job Description

Job Title:

VP, Development Officer

Company:

Prologis

Vice President, Development Officer, New York/ New Jersey

A day inthe life

Prologis is seeking a VP, Development Officer for ourNew York and New Jersey markets. This Officer position takes responsibility for managing development activities for land and building developments including site pursuit, land due diligence, entitlement,designand construction of industrial / warehouse facilities (both speculative and build-to-suit) for ground-upand complex repositionedprojects in those markets.

In addition to leading key projects, this individual will potentially coach a team of development management professionals ensuring development portfolio delivery.  Responsibilities include forecasting development activities, providing cost and schedule information for investment memos, leading the technical side of the entitlement process, design management and optimization, contractor bidding, and construction management.  Key success factors include: partnering with the local deployment team, enabling excellent communication with regional stakeholders, innovating and implementing development best practices, and active mentoring and management of a best-in-class development team.

The position requires a high degree of energy, enthusiasm, outgoing personality, technical competence and professionalism. The position resides in our East Rutherford, New Jersey office (with regular travel to other in-market offices including NYC and Mt. Laurel, NJ) and interacts daily with Prologis development, deployment, operations and leasing teams. The position reports to the SVP, Regional Head of Development – East Region. 

  

Key responsibilities include: 

 

  • Manage and coach the local Prologis Development team across performance, staffing and growth. 

  • Managing all development aspects for speculative vertical, land infrastructure and build-to-suit projects including the entitlement, design, permitting and construction processes.   

  • Lead and be accountable for every facet of the development process including: 

  • Partnering with the Investment Officer in evaluating land and building acquisitions. 

  • Engaging and managing design professionals and consultants. 

  • Developing schedule, budget and plans for projects ranging in cost from $100,000 to $500,000,000+. 

  • Leading project municipal approvals process from acquisition, and entitlements through project permitting.

  • Providing conceptual and pre-construction estimating for all aspects of development.

  • Managingprocurement of projectpermits and approvals.

  • Conducting bid RFPs, contractor negotiations, and award process for construction work.

  • Leading regular project team meetings and conduct onsite inspections of progress,safety& quality.

  • Ensuring proper project closeout and transition to property management team.

  • Effectively communicating prudent informationregardingproject status to team members and senior leadership throughout the company.

  • Develop and strengthen relationships with localjurisdictions, generalcontractorsand design consultants.

  • Monitor trends in the local construction market including materials pricing, labor costs, labor availability, and trade partner relationships.

  • Ensure customer satisfaction and exceed customers’ expectations on each project.

  • Collaboration with all internalstakeholders;such as Global Development, Capital Deployment, Legal, Customer Led Development (CLD), Procurement, Leasing and Regional Property Management, Energy, Mobility, Essentials, etc.

  • Drive impact of lean construction, GC bidnegotiationsand design optimization against targets.

  • Research design, construction alternatives, and value engineering opportunities that will drive innovation in Prologis’ developments without compromising functionality or life cycle costs.

 

Building blocks for success 

 

Required: 

  • Minimum of 10 years of experience working in the field of land development and/or construction management.   

  • Industrial experience with three or more of the following products desired: speculative warehouse, manufacturing, e-commerce, 3PL, data center, industrial outdoor storage. 

  • Experience championing a project from acquisition through due diligence, entitlements and permitting.  

  • Self‐motivatedwith ability tomulti‐task and prioritize with minimal direction.

  • Bring a positive attitude,team-player attitude, and customer servicemindset.Promote the Prologis brand with enthusiasm.

  • Maintain computerproficiency: Excel, Word, Outlook, PowerPoint, MS Project, Google Earth, Adobe Acrobat.

  • Display excellent written and verbal communication skills.

  • Proactive in approaching solutions and problem solving.

  • Work and manage a team well under pressure.

  • Promote a positive, can-do attitude with a real focus on efficiency and effectiveness.

  • Ability totravel approximately 35%of the time.

Preferred: 

  • Bachelor of Science in Construction Management, Architecture, or Engineering, or relevant equivalent experience preferred. 

  • If education is strictly in engineering, architecture or real estate development, applicant should have a minimum of three concurrent years’ experience working on construction projects.   

  • Project management experience with a general contractor or owners representative is preferred. 

  • Demonstrate willingness and capability to leverage emerging technology, automation, and AI tools to improve efficiency, quality, and speed. Exercise sound judgment, creative thinking, and accountability for outcomes 

 

 

Hiring Salary Range of: $215,000 - $255,000. Salary and whole compensation package (bonus target & LTI (Long Term Incentives)) to be determined by the candidate’s location, education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data. 

Employment Type:

Full time

Location:

East Rutherford, New Jersey

Additional Locations:

New York, New York

About Prologis, Inc

Prologis, Inc. is a real estate investment trust (REIT) that specializes in logistics real estate. The company is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. Prologis leases modern distribution facilities to a diverse base of approximately 5,500 customers across two major categories: business-to-business and retail/online fulfillment.
Learn more about Prologis, Inc
Size
2,053 employees
Market Cap
$104.2 billion
Industry
Net Income
$1.4 billion
Founded
1983
5 Year Trend
+13.4%
Revenue
$4.4 billion
NASDAQ

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