SVP, Market Officer

Prologis is the global leader in logistics real estate. We own, manage and develop high-quality properties in the world’s most vibrant centers of commerce, with over 1 billion square feet in 19 countries, over $200B of gross AUM. Some of the world’s largest brands (e.g., Amazon, BMW, DHL, FedEx, Pepsi) turn to us because they know an efficient supply chain will make their businesses run better, and a strategic relationship with Prologis will create a competitive advantage. As a top ranked U.S. company among the Global 100 Most Sustainable Corporations in the World, we take our global footprint seriously. Job Title: SVP, Market Officer Company: Prologis Market Officer – New Jersey & New York The SVP, Market Officer is responsible for leading a multi-department team of over 40 team members, and overseeing a portfolio of over 55 million square feet of logistics real estate spread across New Jersey and New York. This strategic role will develop and execute on key market strategies and will be the external market leader representing Prologis in the New York and New Jersey area, including partnering with high profile global customers and their real estate brokers. The Market Officer will be accountable for the overall performance of the team and operating portfolio through leasing and management, while also working hand-in-hand with Investment Officers and Development teams to help source and execute on acquisitions and deployment opportunities. What’s needed in order to do that: Lead a dynamic team of over 40 professionals consisting of leasing, marketing, property management and construction team members, creating an inspiring and collaborative environment and supporting team members in achieving goals. Create, communicate, and manage execution of comprehensive real estate strategy and operating plans in the New York and New Jersey markets. Underwrite, negotiate, and successfully execute complex real estate transactions with high profile global customers and key tenant representation brokers. Increase asset value and company profitability by executing a strategic business plan for each asset. Manage a complex portfolio of assets located throughout New York and New Jersey, including a large percentage of leases to global customers. Strong Customer focus with a curiosity to learn about how we can continue to service our Customers through our Prologis Essentials and Prologis Energy and Mobility initiatives. In tune with the market environment, with knowledge of key lease and sale comparables, balance of supply and demand, and understanding of the market opportunities, capabilities, and competitive threats. Financial Performance – Responsible for regular budgeting and reforecasting of both revenues and expenses across the market. Partner, support and actively participate in sourcing new acquisitions and growth opportunities with internal Capital Deployment and Development partners. Active in the local community, with a desire to give back and help others. Tell us if you’re ready. 12 years of experience 5 of which years of relevant and proven executive-level leadership and experience in real estate including asset management, acquisitions, construction and property management. Bachelor’s degree from a four-year college or university, Master’s Degree preferred. Proven experience and ability to effectively manage and develop a team and influencing positive outcomes. Seasoned transaction management experience. Proven skills in contract review and lease/purchase and sale negotiations. Strong knowledge and understanding of all facets of asset and property management, leasing, brokerage, marketing, and financial reporting. Strong critical thinking and analytical skills including financial modeling and forecasting with an aptitude for translating quantitative and qualitative data into actionable items. High level of attention to detail, the ability to work independently, adjust priorities, and work in a continuously changing environment. Ability to solve advanced problems and deal with a variety of options in complex situations. Strong customer orientation, excellent communication skills (both verbal and written). Ability to effectively respond to sensitive issues, complex inquiries or complaints from clients, co-workers, supervisor and/or management. Actively involved and/or member in local and national commercial real estate organizations such as NAIOP, SIOR, ULI, CCIM, etc. is preferred. All full-time roles in the US come with a robust benefits package which includes healthcare, dental, and vision insurance for employees and eligible dependents. Prologis also offers several other wellness, financial, and work/lifestyle-specific benefits. Our 401(k) retirement plan has a company match of 50% up to 12% of eligible compensation. We also offer generous PTO with a starting accrual of 22 days a year in addition to paid holidays and volunteer time. #LI-KR1 #LI-Hybrid People First Each of us working at Prologis plays an essential role in the enduring success of our company. We value people who are decisive, courageous and adaptable. While we are one company, locations and departments operate with autonomy and accountability. Individuals take the initiative here. When you join Prologis, you work shoulder to shoulder with some of the top talent in the industry to do the best work of your career. Every employee belongs. Every employee contributes. Employees advance their careers here. As a successful global enterprise, Prologis has never lost sight of what matters most, our strong belief that our people are the most important part of our business. And because of that, we provide a generous total rewards package and take a lot of time to focus on quality management and leadership development. People come first here. All job offers are contingent upon successful completion of drug screen and background verification. Prologis is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religions, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law. Employment Type: Full time Location: East Rutherford, New Jersey Additional Locations: As a condition to the commencement of your employment, Prologis requires proof of full vaccination against COVID-19. You are considered fully vaccinated two (2) weeks after your second dose in a two-dose series, such as the Pfizer, Moderna or Novavax vaccines, or two (2) weeks after a single-dose vaccine, such as the Johnson & Johnson vaccine. In addition, all employees must have at least one vaccine booster when eligible. Prologis will consider requests for a reasonable accommodation as to the vaccination requirement on the basis of a disability or sincerely-held religious belief in accordance with applicable law. The World’s Leader in Logistics Real Estate Prologis provides efficient logistics real estate solutions to the world. In partnership with top manufacturing and distribution companies, we ensure timely delivery of the products that make modern life possible.