Development Manager
1 month ago
Macdonald & Company is pleased to partner with a leading industrial developer in Houston to find and appoint a development manager or senior development manager to execute their existing industrial pipeline.
This is a great growth opportunity to join a lean team of high-performing developers in Houston, with a significant track record and capabilities to develop through their own capital sources or joint venture opportunities.
Key Responsibilities- Site acquisition and development expertise, with a strong network in real estate, government affairs, review boards, developers, and capital market groups.
- Site selection knowledge, including taxation, utilities, networks, entitlements, and land use, site feasibility, and due diligence studies.
- General knowledge of construction means and methods.
- Collaborate with the market leader to analyze project feasibility for new development and redevelopment/repositioning investments.
- Strong negotiation skills, resulting in financial, business, and legal benefits.
- Prepare and maintain project performance metrics, including pre-development budget, development budget, and project timeline.
- Participate in determining whether to pursue specific opportunities, in partnership with senior team members.
- Test feasibility of projects through physical due diligence activities, in partnership with the Acquisitions and Marketing Team.
- Develop comprehensive business cases, deal summaries, and executive presentations.
- BS, BA, or MBA in Business, Finance, Real Estate, or Masters in Real Estate Development.
- 4+ years of commercial real estate experience, with direct experience in land acquisition and development for the industrial sector.
- Ability to dive deep into market analysis, deal negotiation, and strategic planning in assigned regions.
- Strong negotiation skills, with knowledge of business and legal terms.
- Established network of brokers, developers, and connections.
- Sufficient knowledge of favorable site characteristics, site planning, brand visibility, and ease of access.
- Strong knowledge of Microsoft Office Suite.
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