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AVP, Acquisitions-Commercial Real Estate

Company: Duke Realty Corp
Location: Jersey City
Posted on: April 4, 2021

Job Description:

Duke Realty, the largest pure-play, domestic only, logistics REIT in the United States, with best-in-class warehouse/distribution properties in 20 major U.S. cities, has an exciting opportunity for an Assistant Vice President of Acquisitions to join our team in the Jersey City, NJ office. Candidates must be attracted to a fast- paced environment where responsiveness and customer service are highly valued. A predisposition towards teamwork and personal responsibility will be critical to a candidate's success. This position will be responsible for the implementation of Duke Realty's acquisition strategy in the New York Metro area. Responsibilities will include covering acquisition opportunities, underwriting deals, and leading internal teams to transaction closing. Additional responsibilities will include, but not be limited to, the following:

  • Work with VP of Acquisitions to ensure that targeted opportunities align with overall corporate strategy
  • Studies and conducts research on target markets to fully understand focus of submarket dynamics and trends
  • Leverages local Duke Realty business unit to focus investment strategy
  • Actively seeks opportunities and works with brokers and internal support to win transactions and meeting corporate objectives
  • Responsible for a variety of forecasting models focusing on cash flow, and income, utilizing property financials
  • Analyzes transaction risks and appropriately communicates to team/management
  • Closes transactions on schedule, and in an organized, well-documented, and coordinated manner
  • Performs other duties as assigned by Manager Requirement:
    • A minimum of 7 years working experience in finance, investing, and/or real estate experience, or 3 years of relevant real estate acquisitions experience
    • Experience in commercial real estate preferred.
    • Ability to establish and maintain rapports and interact with various level of professionals
    • Strong communication and presentation skills
    • Must have automobile for this role.
    • Attention to detail, and ability to prioritize workload We offer a competitive salary with bonus opportunity as well as comprehensive benefits including medical, dental and vision coverage, 401(k) and a wellness program. Qualifications Skills Preferred Sales/Transaction Exper. Advanced Advanced Presentation Skills Advanced Advanced Advanced Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Keywords: Duke Realty Corp, Jersey City , AVP, Acquisitions-Commercial Real Estate, Other , Jersey City, New Jersey

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