Job Title: Vice President, Industrial Acquisitions
Reports To: Executive Vice President, Industrial Partners
Location: Fairfield, New Jersey
Company Description:
Founded in 1963, our Client is a New Jersey-based, second-generation, family-owned real estate development company that has established a track record of success in real estate development by adhering to a tradition of integrity and placing a high value on long-term relationships. The firm is a multi-disciplined, vertically integrated real estate company that utilizes its internal team to develop properties from raw land through completion and financial success. They develop, build, market, manage, and invest in world-class multifamily, single-family, industrial, office, retail, hospitality, and transit-oriented mixed-use properties in suburban communities and town centers throughout New Jersey, Pennsylvania, and Florida.
Role Overview:
The Vice President, Industrial Acquisitions plays a critical role in advancing our Client’s strategic vision by identifying, evaluating, and acquiring warehouse and industrial properties in key port, intermodal, and last‑mile markets along the eastern seaboard. This position oversees the full acquisition lifecycle, including sourcing opportunities, assessing financial feasibility, managing due diligence, coordinating transaction closings, and supporting leasing and marketing initiatives to maximize asset value.
Essential Duties and Responsibilities:
- Collaborate with EVP, Industrial Partners and manage the process of acquiring warehouses and industrial buildings in accordance with the firm’s business plan.
- Identify opportunities and acquire new acquisitions and joint venture opportunities and present to the Investment committee.
- Leverage industry relationships to source new acquisition prospects.
- Analyze, structure, and evaluate potential transactions for financial feasibility.
- Collaborate with internal and external attorneys, acquisition associates, and senior management to coordinate financing, acquisitions, and leasing strategies.
- Assist in the closing process and ensure accuracy and completeness of all legal and financial documentation where needed.
- Partner with internal teams to support acquisitions, dispositions, and recapitalizations. Including due diligence and underwriting processes and making recommendations regarding issues and findings to upper-level management.
- Collaborate with the Underwriting and Asset Management team and consultants to complete financial analysis.
- Work with leasing and marketing teams to optimize tenant mix and enhance property value.
- Conduct comprehensive market research, including demographics, , and supply/demand factors.
- Assist in the completion of due diligence efforts, identifying issues, proposing solutions, and presenting recommendations to senior leadership.
- Draft and negotiate letters of intent and assist in the PSA process.
- Participate and oversee closing process as needed.
- Lead the structuring and negotiating letter of intent agreements, business terms of purchases and sales agreements for acquisitions.
- Attend Industry functions to network and represent the firm in a positive way.
Supervisory Responsibilities:
- Ability to analyze new acquisition opportunities and make recommendations and presentations to upper-level management.
Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience:
- Bachelor’s degree required; Master’s degree a plus.
- Minimum of 10 years of experience in industrial acquisitions.
- At least 3 years of experience as an industrial broker or in broker acquisitions considered a plus.
- Extensive experience with lease terms and contract negotiations and industry practices.
- Knowledge of commercial real estate language and industry practices.
- Strong financial analysis skills.
- Computer Savvy with financial modeling tools.
- Willing to travel.
Language Skills:
- Skillful in understanding and following complex instructions, as well as professional correspondence and memos.
- Proficient in crafting professional-level correspondence.
- Able to communicate information effectively in one-on-one interactions with colleagues and other team members in a friendly and inclusive manner.
Mathematical Skills:
Basic math skills - ability to add, subtract, multiply, and divide.
Reasoning Ability:
Ability to apply common sense understanding to conduct detailed but uninvolved written or oral instructions. Ability to manage conflict and communicate effectively in a clear and concise manner.
Physical Demands:
- Prolonged periods of sitting at a desk and working on a computer.
- Must be able to move 15 pounds at times.
- Must be able to access and navigate each department at the organization’s facilities.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
