CenterPoint Properties · 1 month ago
Investment Officer
Houston, TX
Full-time
Onsite
Senior Level, Lead/Staff
8+ years expCenterPoint Properties is a leading investor, developer, and manager of industrial real estate. They are seeking an Investment Officer to source, qualify, and close acquisition opportunities, while supporting the investment strategy and ensuring proper execution throughout the lifecycle of transactions.
Communications Infrastructure
Responsibilities
Source, qualify and close acquisition opportunities within the Central Region, with a heavy focus in following markets: Dallas/Fort Worth, Laredo, Houston, and Austin
Support the EVP, Central Region and SVP, Investments in the investment strategy through the respective region, including existing market and potential submarkets
Ensure proper execution throughout the lifecycle of transactions including sourcing acquisitions, negotiating deal terms, conducting due diligence activity, financial underwriting, and market analysis for investment review
Assess potential acquisition opportunities for alignment with CenterPoint’s investment strategy and qualify based on deal economics, probability of close and resource availability
Assist in sourcing development opportunities and collaborate with the development team to facilitate successful implementation as needed
Assist in sourcing leasing opportunities and collaborate with asset management to facilitate successful execution
Identify strategic disposition opportunities within the region and collaborate with other team members to lead the disposition process from broker selection to board presentation to closing
Provide thoughtful, market-based underwriting and financing expertise to the investment teams, including market rent, expenses, and capital analysis
Negotiate LOIs and PSA contracts while managing all pursuit costs, including legal and due diligence budget
Coordinate with Risk Management and Asset Management teams to complete due diligence process on potential investments
Prepare and present transactions to executive committee and/or Board of Trustees for approval
Ensure smooth transition of new acquisitions to Asset Management team assisting with near term stabilization of immediate value-add investments and remain involved throughout hold period
Maximize existing brokerage relationships and develop new strategic and tactical brokerage relationships to be effective in the sourcing of new acquisition opportunities in the Texas markets
Increase the visibility and presence of CenterPoint in the real estate industry in the Central Region through presentation opportunities, thought leadership, and media engagements to bring credibility, contacts, and business opportunities
Proactively establish and maintain various industry contacts and relationships through active involvement in real estate associations or organizations, leadership positions on boards or committees, and conference or other networking opportunities
Research, monitor, and benchmark operating partners, industry developments and trends, and competitors to stay competitive in the market and bring emerging trends and best practices to the team
Qualification
Required
A seasoned professional with eight (8) years plus of experience in commercial real estate investments with a specific focus on sourcing acquisition opportunities and leading transactions
Experience in industrial is required
A strong academic background with a bachelor's degree in business, real estate, finance, economics, or a related field
Proven experience in acquiring assets by marketed and off-market channels throughout CenterPoint's existing Central Region's footprint
Strong understanding of all aspects of real estate investment, financing, acquisition, and disposition processes, including but not limited to market analysis, financial analysis, investment proformas, IRR and NPV calculations, property valuation, and capital markets
An understanding of development, asset management, leasing, property operations, project management, and construction with the ability to collaborate with cross-functional teams and external partners
Demonstrated record of sound investment judgment and the ability to weigh the risk/reward of various strategic initiatives
A data-driven individual that can leverage analytics and synthesis skills to develop strategic plans that inform business decisions and achieve financial returns
Strong experience with technologies and programs, including Microsoft Excel, ARGUS, and similar processing software
Must have the desire, energy, and willingness to spend a significant amount of time throughout the East Region to visit properties and to meet with team members and potential partners
Displays a positive, can-do attitude and professional manner, exhibiting respectfulness and behavior consistent with the company's core values
Brings an entrepreneurial spirit with the ability to be a self-starter that can bring in new and creative ideas
Highly developed listening, written, and oral communication skills with an ability to articulate a clear and compelling vision
Provide strong leadership and operate effectively in a collaborative environment by serving as a valuable influencer as well as a team player
Outstanding judgment with the ability to identify the relevant questions and important issues when assessing a situation
Has the ability to interact and communicate effectively up, down and across the organization
An inclination to anticipate problems, take initiative to solve them, and build consensus around solutions
Ability to manage and leverage the resources of a large, matrixed organization
Highly driven and motivated to join a team that offers a tremendous opportunity to grow personally and professionally
Preferred
An MBA or an advanced degree is preferred but not required
Benefits
Annual target bonus
Medical, dental, and vision insurance
401(k)
And more
Company
CenterPoint Properties
CenterPoint Properties focuses on the development, acquisition, and management of industrial property and transportation infrastructure that enhances business and government supply chain efficiency.
51-200 employees
Funding
Current Stage
Late StageTotal Funding
$323.96MKey Investors
Putnam InvestmentsU.S. Venture Partners
2002-03-26Series D· $131.21M
2000-10-30Series Unknown· $130M
2000-08-28Series Unknown· $7.5M
Leadership Team
Christopher Papa
EVP, Chief Financial Officer
Company data provided by crunchbase