Real Estate Transaction Manager, NA

Company:  Vantage Data Centers
Location: Denver
Closing Date: 21/10/2024
Salary: £100 - £125 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Vantage is committed to being a workplace of inclusion, equity, respect and acceptance. We celebrate diversity and intentionally seek out opportunities to learn from one another's experience.

Vantage Data Centers powers, cools, protects and connects the technology of the world's well-known hyperscalers, cloud providers and large enterprises. Developing and operating across North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.

Market Development Department

The Market Development (MD) team is responsible for 4 key functions within the North American business: 1) Market Strategy, 2) Site Selection & Acquisition, 3) New Site Development and 4) Preconstruction. The team drives the business plans and execution of our geographic and vertical market expansions across North America.

We are at the front-end of the process of ensuring we have the critical capacity required to meet the evolving requirements of our wholesale and hyperscale customer base. We evaluate supply, demand, pricing, network, power, and a myriad of other factors when developing our market and site plans. We then acquire sites that align with those plans.

Position Overview

Vantage is actively seeking a dynamic Real Estate Transactions Program Manager to spearhead the management of a high volume of large-scale, intricate real estate transactions. This pivotal role will be instrumental in fortifying Vantage's expansion initiatives across North America.

As the Real Estate Transaction Manager, you will be responsible for supporting Site Selection in overseeing and orchestrating the acquisition and transactional activities within specific regions and markets. This position also serves as a linchpin in program management, fostering collaboration and synergy within the Market Development team.

This role can be based in our Denver, CO Headquarters location or our data center locations in Santa Clara, CA. This is a hybrid in office role (3 in the office | 2 days remote)

Essential Job Functions

  1. Transaction Oversight: Meticulously track and oversee a multitude of intricate real estate transactions, managing the acquisition of properties with various ownership structures with precision and attention to detail.
  2. Transaction Facilitation: Oversee transaction processes, coordinating the seamless progression of acquisitions to closure. Manage and timely reporting on the status of all acquisitions.
  3. Due Diligence Management: Direct the preparation and management of pre-diligence and due diligence materials, checklists, and dashboards vital for site selection and site development.
  4. Document Preparation and Collaboration: Skillfully craft and manage the drafting of letters of intent and access agreements, collaborating closely with Legal and Site Selection.
  5. Contract Coordination: Spearhead the coordination of contracts, non-disclosure agreements, and necessary documentation essential for engaging third-party consultants.
  6. Market Development Collaboration: Act as a pivotal liaison between Market Strategy, Site Selection, and Commercial Operations.
  7. Meeting Management: Skillfully manage external and internal meetings, crafting agendas and overseeing action items.

Additional duties as assigned by Management

Job Requirements

  1. Education: A Bachelor's degree in Business, Real Estate, Law, or IT is required.
  2. Extensive Commercial Real Estate Expertise: Demonstrated experience in commercial/industrial real estate/property transactions.
  3. Negotiation Proficiency: Proven negotiation skills and experience in handling real estate agreements and contracts.
  4. Industry Experience: Experience working in a corporate real estate department is a plus.
  5. Due Diligence Knowledge: Familiarity with site and legal due diligence processes is preferred.
  6. Language Skills: Proficiency or fluency in French is advantageous but not mandatory.
  7. Technical Proficiency: Strong IT acumen is essential.
  8. Interpersonal and Communication Skills: Exceptional interpersonal, written, and verbal communication skills are crucial.
  9. Adaptability and Accountability: The role demands flexibility and adaptability.
  10. Travel Expectation: Anticipate regular travel (approximately 10%) across the US and Canada.

Physical Demands and Special Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is occasionally required to stand; walk; sit; use hands to handle, or feel objects; reach with hands and arms; climb stairs; balance; stoop or kneel; talk and hear.

Salary Range: $95,000-105,000 Base + Bonus (this range is based on California market data and may vary in other locations )

This position is eligible for company benefits including but not limited to medical, dental, and vision coverage, life and AD&D, short and long-term disability coverage, paid time off, and many other additional voluntary benefits.

Vantage Data Centers is an Equal Opportunity Employer.

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