We are seeking a Land Acquisition Associate to join our team! The Associate will play a critical role in assisting the Land Acquisition team in the acquisition of land for the development of new data center campuses through evaluating underwriting and executing new site acquisitions. Activities will include market analysis site review risk identification land diligence business development and assisting in commercial negotiations and various predevelopment activities. Additionally the Land Acquisition Associate coordinates the project management of multiple data center campuses alongside the Land Acquisition Power Investment Legal Sales Design/Engineering and Construction teams.
Responsibilities:
Market Analysis
- Actively participate in market intelligence gathering and strategy development as part of the larger Energy Land strategy
- Maintain database of owned controlled and under evaluation projects land and transaction comps and overall market intelligence
Transaction Evaluation & Execution
- Thorough site review and risk identification which may include assessing market regulatory customer power natural gas fiber zoning wetlands environmental utility planning and adjacent land risks
- Utilize tools such as datacenterHawk Land id CoStar and Enverus to drive successful identification and acquisition of land
- Establish budgets for predevelopment scope activities including vendor contract and change order management
- Facilitate the land diligence process and coordinate with all technical advisors and external vendors including environmental noise and air studies architects civil geotech power and natural gas investigation regulatory review and legal
- Review due diligence documents and vendor deliverables; recommend appropriate course of action in response to issues raised
- Assist with coordination of and review of tax and other development incentives
- Work with Power and Energy Teams to verify power availability and timeline thus utilizing such information to evaluate and prioritize land opportunities
- Assist the team in maintaining business relationships with brokers communities economic development organizations government organizations developers etc.
- Assist the team in coordination of development of and execution of business terms and conditions related to Letters of Intent Purchase and Sale Agreements Powered Shell Purchases and Leases and Joint Venture Agreements to ensure development and financial success of land acquisitions
- Assist Investment team with preliminary project underwriting financial modeling
- Business development for new land site opportunities; ability to create and influence opportunities to drive successful execution of opportunities
- Effectively coordinate the activities through the land acquisition process with internal and external team members to ensure cost effective and timely delivery of projects across the development framework
Project Management
- Responsible for coordinating multiple site selections/projects in various stages of the development continuum. Ensuring that assigned workflow is being achieved and that tasks and milestones are being reached in a timely fashion
- Facilitates cross-departmental collaboration from project initiation closing and securing pre-construction entitlements and approvals
- Manage and retain project information to facilitate a smooth handoff to engineering and construction teams
Senior Management Team and Sponsor Reporting
- Preparation of capital committee presentations
- Participates in and supports executive presentations
Qualifications:
- 2 years experience in real estate investment/development site selection or related real estate or investment experience
- Strong understanding of real estate valuation capital markets and deal structuring
- Highly analytical organized and disciplined with proven time management skills
- Team oriented with the ability to work independently while being driven for success
- Excellent communication (listening verbal and written) attention to detail and team skills
- All applicants must be able to complete pre-employment onboarding requirements (if selected) which may include any/all of the following: criminal/civil background check drug screen and motor vehicle records search in compliance with any applicable laws and regulations
- Ability to travel up to 20%
Education/Certifications:
- Bachelors degree in business finance real estate economics or related field
- Comprehensive health dental and vision insurance plans life and disability insurance access to mental health resources and employee assistance program
- Competitive pay performance bonus401(k) retirement plan with company match
- Generous paid time off and holidaysparental leave
- Building Amenities: On-site facilities include a fully equipped gym golfsimulatorand free parking. The office is convenientlylocatednear local restaurants and is a short walk to the American Airlines Center
CyrusOne is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color sex sexual orientation gender identity religion national origin disability veteran status or other legally protected status.
CyrusOne provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act (ADA) and any other state or local laws. We will respond to requests for reasonable accommodations to assist you in applying for positions at CyrusOne or to submit a resume.
Required Experience:
IC
We are seeking a Land Acquisition Associate to join our team! The Associate will play a critical role in assisting the Land Acquisition team in the acquisition of land for the development of new data center campuses through evaluating underwriting and executing new site acquisitions. Activities will...
We are seeking a Land Acquisition Associate to join our team! The Associate will play a critical role in assisting the Land Acquisition team in the acquisition of land for the development of new data center campuses through evaluating underwriting and executing new site acquisitions. Activities will include market analysis site review risk identification land diligence business development and assisting in commercial negotiations and various predevelopment activities. Additionally the Land Acquisition Associate coordinates the project management of multiple data center campuses alongside the Land Acquisition Power Investment Legal Sales Design/Engineering and Construction teams.
Responsibilities:
Market Analysis
- Actively participate in market intelligence gathering and strategy development as part of the larger Energy Land strategy
- Maintain database of owned controlled and under evaluation projects land and transaction comps and overall market intelligence
Transaction Evaluation & Execution
- Thorough site review and risk identification which may include assessing market regulatory customer power natural gas fiber zoning wetlands environmental utility planning and adjacent land risks
- Utilize tools such as datacenterHawk Land id CoStar and Enverus to drive successful identification and acquisition of land
- Establish budgets for predevelopment scope activities including vendor contract and change order management
- Facilitate the land diligence process and coordinate with all technical advisors and external vendors including environmental noise and air studies architects civil geotech power and natural gas investigation regulatory review and legal
- Review due diligence documents and vendor deliverables; recommend appropriate course of action in response to issues raised
- Assist with coordination of and review of tax and other development incentives
- Work with Power and Energy Teams to verify power availability and timeline thus utilizing such information to evaluate and prioritize land opportunities
- Assist the team in maintaining business relationships with brokers communities economic development organizations government organizations developers etc.
- Assist the team in coordination of development of and execution of business terms and conditions related to Letters of Intent Purchase and Sale Agreements Powered Shell Purchases and Leases and Joint Venture Agreements to ensure development and financial success of land acquisitions
- Assist Investment team with preliminary project underwriting financial modeling
- Business development for new land site opportunities; ability to create and influence opportunities to drive successful execution of opportunities
- Effectively coordinate the activities through the land acquisition process with internal and external team members to ensure cost effective and timely delivery of projects across the development framework
Project Management
- Responsible for coordinating multiple site selections/projects in various stages of the development continuum. Ensuring that assigned workflow is being achieved and that tasks and milestones are being reached in a timely fashion
- Facilitates cross-departmental collaboration from project initiation closing and securing pre-construction entitlements and approvals
- Manage and retain project information to facilitate a smooth handoff to engineering and construction teams
Senior Management Team and Sponsor Reporting
- Preparation of capital committee presentations
- Participates in and supports executive presentations
Qualifications:
- 2 years experience in real estate investment/development site selection or related real estate or investment experience
- Strong understanding of real estate valuation capital markets and deal structuring
- Highly analytical organized and disciplined with proven time management skills
- Team oriented with the ability to work independently while being driven for success
- Excellent communication (listening verbal and written) attention to detail and team skills
- All applicants must be able to complete pre-employment onboarding requirements (if selected) which may include any/all of the following: criminal/civil background check drug screen and motor vehicle records search in compliance with any applicable laws and regulations
- Ability to travel up to 20%
Education/Certifications:
- Bachelors degree in business finance real estate economics or related field
- Comprehensive health dental and vision insurance plans life and disability insurance access to mental health resources and employee assistance program
- Competitive pay performance bonus401(k) retirement plan with company match
- Generous paid time off and holidaysparental leave
- Building Amenities: On-site facilities include a fully equipped gym golfsimulatorand free parking. The office is convenientlylocatednear local restaurants and is a short walk to the American Airlines Center
CyrusOne is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color sex sexual orientation gender identity religion national origin disability veteran status or other legally protected status.
CyrusOne provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act (ADA) and any other state or local laws. We will respond to requests for reasonable accommodations to assist you in applying for positions at CyrusOne or to submit a resume.
Required Experience:
IC
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