Associate or Director - Industrial & Logistics

Posted Yesterday
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Phoenix, AZ, USA
In-Office
Mid level
Real Estate
The Role
Underwrite and execute industrial real estate acquisitions and developments in the Phoenix market. Responsibilities include financial modeling, development budgeting, investment committee presentations, investor reporting, leasing proposals, due diligence, consultant and contractor coordination, construction oversight, site planning, and collaboration with asset management, accounting, property management, brokers, and city officials.
Summary Generated by Built In
Overview

When you join Hines, you will embark on a career journey fueled by vision and guided by leaders who set the standards of our industry. Our legacy is rooted in innovation and excellence, earning us a spot on Fast Company’s esteemed annual list of the World’s Most Innovative Companies, as well as recognition as one of U.S. News & World Report’s Best Companies to Work For in 2024. Discover endless opportunities to grow and make your mark at Hines.

Responsibilities

Hines is hiring an Associate or Director of Industrial and Logistics, title and compensation shall be commiserate with experience.  This position is charged with underwriting and executing acquisitions and developments of light industrial real estate investments in the Phoenix MSA with the potential for additional geography in the region.  Responsibilities include but are not limited to:


  • Actively support the Senior Managing Director to engage with the ownership community on off market purchases of existing industrial buildings and industrial development sites.
  • Gathering, vetting and prioritizing offering memorandums for the acquisition of existing assets as well as marketed development sites.  Perform financial modeling of acquisitions and developments, as well  respond to leasing RFPs and issuing leasing proposals that achieve the targeted financial metrics.
  • Prepare financial models, development budgets, investment committee presentations, and monthly financial reports to investors.
  • Support the Senior Managing Director to coordinate the work of external consultants, including property condition assessment consultants, design architects, and engineers in addition to internal teams, including construction, accounting, and property management.
  • Collaborate with the asset management team on leasing and operational assignments.
  • Participate in on-site OAC meetings with the Hines construction manager to lead the diligence, site planning, and building design, and manage the consultant and contractor teams to deliver new construction on-time, on-budget, and on-quality.
  • Assist with interactions with third-party brokers to manage the leasing of the industrial portfolio.  Interact with city officials on planning and zoning issues.
  • Interface with the Senior Managing Director for capital requirement and liquidity purposes.  Prepare monthly investor reports, variance analyses and updated proformas.
Qualifications

Minimum Requirements Include:


  • Bachelor’s degree and/or MBA from an accredited university.
  • Work experience will be considered in lieu of graduate degree.
  • Three or more years’ work experience specifically in underwriting and financial analysis, preferably in industrial and logistics.  Experience in alternate asset class may be considered.
  • Proficiency with financial analysis.
  • Exposure to development, construction and leasing strongly desired.
  • Underwriting and excel skills.
  • Excellent interpersonal and communication skills with an eye for detail.
  • Possess a sense of urgency and desire to grow the industrial platform.
  • Demonstrate strong initiative and problem-solving skills.
  • Willingness to roll up your sleeves and work closely with a team of consultants and contractors.
Closing

At Hines, we strive for excellence as a leading global real estate investment manager, driven by our by our belief that real estate is fundamentally about people. Our diverse portfolio spans $93.2 billion¹ of assets across such property types as living, office, retail, mixed-use, logistics and life science projects – all designed to enhance value, connection and inspiration. Our strategic approach integrates local expertise with global knowledge, taking calculated risks aligned with our convictions to exceed expectations and tailor solutions to our clients' needs.


While our projects are renowned for enhancing cities and pioneering sustainable practices, we recognize that the true driving force behind Hines' success is our 5,000 dedicated employees in 30 countries who draw on our 65-year history to build the world forward. This is why we prioritize investing in our people, offering comprehensive training, competitive compensation, robust benefits and generous vacation packages. By centering our focus on the growth and wellbeing of our team, we cultivate an inclusive environment where everyone, including our clients, can thrive.


Hines is proud to be named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2024. ¹Includes both the global Hines organization and RIA AUM as of December 31, 2023.




We are an equal opportunity employer and support workforce diversity.


No calls or emails from third parties at this time please.

Skills Required

  • Bachelor's degree and/or MBA from an accredited university
  • Three or more years of experience in underwriting and financial analysis
  • Experience in industrial and logistics real estate preferred; alternate asset class experience may be considered
  • Proficiency with financial analysis
  • Underwriting and Microsoft Excel skills
  • Exposure to real estate development, construction, and leasing
  • Excellent interpersonal and communication skills with attention to detail
  • Sense of urgency and desire to grow the industrial platform
  • Strong initiative and problem-solving skills
  • Willingness to work closely with consultants and contractors

Hines Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Hines and has not been reviewed or approved by Hines.

  • Healthcare Strength Coverage starts immediately and spans medical, vision, dental, behavioral health, and prescriptions. The breadth and immediacy indicate a robust healthcare offering.
  • Parental & Family Support Paid parental and caregiver leave is substantial, complemented by family-planning benefits such as IVF, adoption, and surrogacy. This depth signals strong support for diverse family needs.
  • Retirement Support A matched 401(k) with early vesting supports long-term savings. The structure underscores an emphasis on financial security beyond base pay.

Hines Insights

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The Company
HQ: Houston, TX
4,880 Employees

What We Do

Hines is a global real estate investment, development and property manager. The firm was founded by Gerald D. Hines in 1957 and now operates in 30 countries. We manage nearly $96B in high-performing assets across residential, logistics, retail, office, and mixed-use strategies. Our local teams serve 480 properties totaling nearly 241 million square feet globally. We are committed to a net zero carbon target by 2040 without buying offsets. To learn more about Hines, visit www.hines.com and follow @Hines on social media. ¹Includes both the global Hines organization and RIA AUM as of December 31, 2022.

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