<p>About Us</p> <p>The company develops and acquires logistics properties across the Southwest, Texas and Southeast, utilizing a unique combination of 'old school' (industry experience & relationships) and 'new school' (data science) investment practices. The company is committed to achieving superior risk-adjusted returns for its investors and positive outcomes for customers, brokers, colleagues, and the community by striving for superior market knowledge and relationships.</p> <p>Position Summary</p> <p>The Development Associate is a critical role at the company. This person is deeply involved in every step of the development process from start (deal sourcing) to finish (stabilization & value creation). This person will help define strategy through in-depth analysis of market data/research, front-line development of brokerage relationships to source opportunities, lead the underwriting/investment committee process, contribute to due diligence, entitlements, and site planning, and work on key elements of the execution, including sourcing/securing financing and leasing of projects. General responsibilities will include, but are not limited to:</p> <p>Essential Duties and Responsibilities</p> <ul> <li>Regularly interface with the brokerage community across applicable markets to obtain market information and drive deal opportunities </li><li>Complete market research and form investment recommendations - through communication with brokers and third-party data providers - to analyze relevant lease comparables, sale comparables, competitive sets, development pipelines, and general market data. </li><li>Underwrite development and value-add acquisition investment opportunities using Excel and Argus software, including developing proforma cash flows, supporting schedules, and sensitivity analyses. </li><li>Compile Investment Committee Memoranda for potential transactions. Content may include maps, investment merit narrative, outlining potential risks/mitigations, market color, and underwriting support. </li><li>Assist throughout the due diligence process to identify/mitigate risk and optimize site plans for functionality and cost. </li><li>Service-minded contribution to efforts in sourcing and securing construction financing </li><li>Collaboration with construction management to ensure accurate budgeting and monthly draws. </li><li>Coordinate lease-up of projects alongside Development Partner </li></ul> <p>Knowledge, skills and abilities</p> <ul> <li>Demonstrated interest in real estate development </li><li>Proficiency in Microsoft Excel, PowerPoint, and Word </li><li>Excellent attention to detail </li><li>Ability to multi-task and prioritize among numerous deals/tasks in a fast-paced environment. </li><li>Travel is required for market reconnaissance, industry events, and continuing education. </li><li>Self-Starter & Problem-Solver </li><li>Team-oriented & Optimistic </li></ul> <p>Education & Experience</p> <ul> <li>Bachelor's degree required </li><li>Strong written and verbal communication skills </li><li>Demonstrated analytical skills </li></ul>