Dominion Realty Partners · 1 week ago
Director of Commercial Real Estate Acquisitions
Richmond, VA
Full-time
Onsite
Director/Executive
7+ years expDominion Realty Partners is focused on land acquisition for multifamily and office development. The Director of Commercial Real Estate Acquisitions will source, evaluate, and secure land while collaborating with various teams to ensure smooth transitions from acquisition to operations.
LeasingReal EstateReal Estate Investment
Responsibilities
Identify and secure land suitable for multifamily development, including suburban garden-style, mid-rise, mixed-use, and infill opportunities
Build strong relationships with landowners, brokers, developers, local officials, and community stakeholders to source both on- and off-market opportunities
Conduct preliminary site feasibility including zoning review, entitlement pathways, density expectations, environmental considerations, and initial site planning
Lead early underwriting focused on land valuation, project yields, cost assumptions, and market rent projections
Manage the entire acquisition lifecycle: site tours, LOI negotiation, due diligence, consultant coordination, and closing
Prepare investment committee materials with clear and concise analysis supporting the transaction
Identify and evaluate office development sites aligned with the firm’s strategic initiatives and tenant requirements
Develop and maintain strong relationships with office brokers, corporate users, and potential development partners
Conduct market analysis related to office demand, tenant activity, absorption, competitive supply, and rental trends
Perform zoning, entitlement, and feasibility assessments specific to office development
Provide underwriting analysis, conceptual site planning insights, and deal structuring support for office opportunities
Provide underwriting data, due-diligence insights, and market intelligence to the Asset Management team as projects shift from acquisition to development and lease-up
Assist in early performance monitoring for newly delivered projects to ensure continuity with the business plan
Participate in property or site tours, competitive analysis, and operational discussions when requested
Offer analytical support (budget checks, comp reviews, lease-up evaluations) without serving as the primary asset manager
Develop and maintain deep knowledge of Richmond’s multifamily and office submarkets, emerging trends, competitive supply, zoning changes, and pricing dynamics
Represent the firm publicly and within the regional market at meetings with brokers, sellers, municipalities, and stakeholders
Work closely with Development, Construction, and Legal to ensure seamless handoff and execution of projects
Qualification
Required
7+ years of commercial real estate experience, with demonstrated experience in land acquisition for multifamily development
Strong financial modeling skills and deep understanding of multifamily and office development economics
Knowledge of zoning, entitlements, site feasibility, and market fundamentals within the Mid‑Atlantic/Southeast region
Excellent relationship‑building, negotiation, and communication skills
Highly organized, detail‑oriented, and proactive with strong follow‑through
Ability to travel throughout Virginia and the region for site tours and market research
Preferred
Experience identifying or evaluating mixed use and Office development sites strongly preferred
Company
Dominion Realty Partners
Dominion Realty Partners is a real estate company that offers leasing, acquisition, and investment services.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Alex Andrews
CEO/President
Jason C. Hall
Chief Financial Officer
Recent News
Triad Business Journal
2025-02-16
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