Make an Impact
As Vice President/Director, Development Officer you will work closely with the CIO for BLP (Bridge Logistics Properties) sourcing and executing development opportunities in our target markets across the Northeast, including New Jersey, New York, Boston, Pennsylvania, and other select markets. The role will collaborate with an existing team of analysts, associates and construction/development personnel who will assist in the sourcing, underwriting, due diligence and execution of logistics development projects.
Expectations of the role:
Build and maintain strong relationships, both directly and with brokers in the region; able to effectively source transactions.Provide leadership in the deal procurement, negotiation and due diligence process, including creation and review of financial and development assumptions in pro-formas.Assess and critically evaluate the potential attributes of a development site, including identification and understanding of a project’s market positioning; gather market information through independent field work and direct contact with brokers, appraisers, and developers. Synthesize information and draw a conclusion on the business plan.Supervise and participate in the due diligence investigation of new investment opportunities, including coordination with third parties.Prepare a comprehensive investment submission; communicate conclusions and investment risk in a narrative presentation to senior management, including approval through presentation to the Investment Committee.Manage coordination of post-land acquisition activities alongside the regional development manager, including entitlements, design, construction financing, and construction execution.Manage coordination of leasing opportunities, alongside the regional asset manager. Communicate with clients, joint venture partners, lenders, consultants, brokers, legal and risk management professionals.What You Should Bring:
8+ years of development experience, preferably including significant experience sourcing and executing industrial or logistics development projects.Bachelor’s Degree preferably in real estate, finance, business, accounting, economics, or related area.Proven track record in creating and executing value-maximizing comprehensive development strategies including data-driven new site selection, purchase and development, and entitlement efforts across assigned geographies.Ability to oversee development from beginning to end, i.e., understanding entitlements through negotiating with tenants.Acute attention to detail, must possess a strong sense of urgency in achieving goals for the various projects.Experience leading a team and a natural ability to cultivate, build and maintain relationships.What we offer
Full Insurance benefit suite including Medical Insurance, Dental Insurance, Vision Insurance, Critical Illness Insurance, Accident Insurance, Short Term Disability, Legal & Identity Theft Insurance, and Pet Insurance.Company paid Life Insurance (option to buy additional available) and Long-Term Disability.Access to benefits concierge service.Access to Mental Health & Well-Being service.401K: Bridge Investment Group will contribute to your account equal to 100% of the first 4% of pay which you contribute to the plan. These contributions belong 100% to the employee upon their contribution. Eligible employees are automatically enrolled contributing 4%, with up to 6% company match, with the option to opt out. *The employee must be at least 21 years of age and have worked for the Company for at least 60 days.Paid Time Off: Employee will accrue 5.23 hours of paid time off per pay period for a total of 17 days per year.11 Paid Holidays per year.Following six (6) months of employment at the Company, you will be eligible per birth, adoption or placement of a child for four (4) weeks of paid parental leave as the primary caregiver to the child or two weeks of paid parental leave as the secondary caregiver to the child. Following two years of employment at the Company, you will be eligible for twelve weeks of paid parental leave per birth, adoption, or placement of a child if you are the primary caregiver of the child.Tuition Reimbursement: Up to $5,000 per year of pre-approved tuition expenses will be reimbursed upon submission of approved documentation. Repayment obligations may apply if employment terminates prior to 24 months.We at Bridge acknowledge and appreciate the uniqueness of each individual, understanding that our people are the key to our success. We are committed to fostering an inclusive environment where everyone feels respected and valued. Our dedication extends beyond our business goals to making a positive impact in our communities and upholding Sustainability and Responsibility (S&R) principles at our properties and corporate locations. We evaluate all candidates based on merit, without any discrimination based on race, color, religion, sex, age, disability, sexual orientation, national origin, or any other category protected by law. As an equal opportunity employer, we are devoted to creating an inclusive hiring process. We actively work to eliminate barriers and provide reasonable accommodations to qualified individuals with disabilities. Our goal is to provide fair opportunities and access throughout the recruitment, hiring, and employment experience.
Your specific needs are important to us. If you need accommodations related to a disability or any other protected status during the recruitment process, please email talentsupport@bridgeig.com.
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