Counsel, Corporate and Joint Ventures

Posted 2 Days Ago
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Glendale, CA, USA
In-Office
185K-200K Annually
Mid level
Real Estate
The Role
Provide legal support for joint ventures, the operating partnership, corporate governance, SEC reporting, and capital markets. Draft and negotiate JV and partnership documents, consents, amendments, and transaction agreements; perform due diligence and legal research; manage outside counsel; and partner with Acquisitions, Tax, Investor Services, and Finance to deliver business-focused legal advice.
Summary Generated by Built In
Company Description

Since opening our first self-storage facility in 1972, Public Storage has grown to become the largest owner and operator of self-storage facilities in the world. With thousands of locations across the U.S. and Europe, and more than 170 million net rentable square feet of real estate, we're also one of the largest landlords.

We've been recognized as A Great Place to Work by the Great Place to Work Institute. And, our employees have also voted us as having Best Career Growth, ranked us in the Top 5% for Work Culture, and in the Top 10% for Diversity and Inclusion.

We're a member of the S&P 500 and FT Global 500. Our common and preferred stocks trade on the New York Stock Exchange.

Public Storage is the nation’s leading self-storage provider, recognized for its iconic orange doors and commitment to delivering simple, reliable solutions to millions of customers across the country. We are expanding our creative team to enhance our consistent and engaging visual brand presence.

Job Description

We are looking for a capable and driven junior lawyer (3-5 years’ experience) to join our growing Legal Department as Counsel, Corporate and Joint Ventures. The Counsel, Corporate and Joint Ventures, will play a critical role on the legal team, primarily focused on effectively supporting the Company’s joint ventures, operating partnership, strategic investments, and general corporate and securities needs. You will report to the Associate General Counsel – Corporate and Securities and will work collaboratively with other members of the Legal, Acquisitions, Tax, Investor Services, and Corporate Finance Departments and colleagues across the Company. You will be not just a legal advisor but a critical business partner.

Key Duties and Responsibilities:

  • Joint Ventures.
    • Support the Company’s joint ventures, including strategic interactions with counterparties, entity maintenance/investor actions, and JV agreement interpretation and negotiation.
    • Interpret and advise on contractual rights and obligations; draft consents, amendments, and transfer and other documentation.
    • Cross-functional engagement with Acquisitions, Tax, Investor Services, Corporate Finance, and other departments.
  • Operating Partnership.
    • Work with Tax, HR, and other colleagues to support the functioning of Public Storage’s UPREIT operating partnership, Public Storage OP, LP.
    • Assist with partnership agreement interpretation and amendments.
    • Support admittance of further investors, transfers and redemptions, and LTIP equity award program.
  • General Corporate and Securities.
    • Provide legal support for the Company’s corporate governance processes, including Board support and governance policies, programs, and procedures.
    • Support SEC reporting, including 10-Ks, 10-Qs, and annual proxy statement process.
    • Assist with capital markets activity, including debt and equity issuances, ATM program, revolving credit facility, commercial paper program, and other capital tools.
  • Other.
    • Support strategic investment activity across joint ventures, M&A, and other investments.
    • Review and negotiate contracts, perform legal research and due diligence, and advise Legal Department colleagues and business partners across the organization.
    • Spot and navigate legal issues while fostering strong internal relationships through a collaborative business-focused approach.
    • Manage outside counsel to achieve optimal efficiencies, outcomes, and value for the Company.
    • Other duties as assigned.

Qualifications

 

  • Juris Doctor (JD) degree from an accredited law school.
  • Must be an active member in good standing of the CA or TX bar or eligible for registered in-house counsel status.
  • 3-5 years of experience in general corporate, securities, and/or M&A law.
  • Foundational law firm training. Prior in-house experience a plus but not required.
  • Experience with REITs a plus but not required.
  • Skills:
    • Experience with joint ventures, securities, and M&A.
    • Self-starter with care and attention to detail – an ability to synthesize complex contractual provisions and deliver strategic, not just legal, advice.
    • Strong analytical and problem-solving skills.
    • Excellent written and verbal communication skills.
    • Ability to work independently and collaboratively in a fast-paced environment.
    • Proficient in managing multiple tasks and deadlines.
    • Strong interpersonal and relationship building skills with the ability to influence and counsel across all levels of the organization.
    • Proficiency in legal research tools and MS Office Suite.
    • Demonstrated ability to handle sensitive and confidential information with the utmost discretion.

Additional Information

Compensation

Base Pay Range: $185,000 - $200,000

Compensation may vary outside of this range depending on a number of factors, including a candidate’s qualifications, skills, competencies and experience, and location. Base pay is one part of our total awards approach to compensation which is provided to compensate and recognize employees for their work, and this role may be eligible for additional discretionary bonuses or incentives.

Workplace

  • One of our values pillars is to work as One Team and we believe that there is no replacement for in-person collaboration but understand the value of some flexibility. Public Storage teammates are expected to work in the office five days each week with the option to take up to three flexible remote days per month. 

Public Storage is an equal opportunity employer and embraces diversity. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status. All qualified candidates are encouraged to apply.

**Sponsorship for Work Authorization is not available for this posting.  Candidates must be authorized to work in the U.S. without restrictions or requiring sponsorship now or in the future. We do not provide training plans or support for F-1 OPT, STEM OPT extensions, or future visa sponsorship.**

Skills Required

  • Juris Doctor (JD) degree from an accredited law school
  • Active member in good standing of the CA or TX bar or eligible for registered in-house counsel status
  • 3-5 years of experience in general corporate, securities, and/or M&A law
  • Foundational law firm training
  • Prior in-house experience
  • Experience with REITs
  • Experience with joint ventures, securities, and M&A
  • Strong analytical and problem-solving skills; excellent written and verbal communication
  • Ability to work independently and collaboratively, manage multiple tasks and deadlines
  • Proficiency in legal research tools and MS Office Suite
  • Demonstrated ability to handle sensitive and confidential information with discretion
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The Company
HQ: Glendale, CA
5,900 Employees
Year Founded: 1972

What We Do

Public Storage is a real estate investment trust and the world's largest owner, operator, and developer of self-storage facilities in the U.S.

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