Real Estate Transaction & Program Manager, NA
Vantage Data CentersAbout the role
About Vantage Data Centers
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 3 key functions within the North American business: 1) Market Strategy, 2) Site Selection & Acquisition, and 3) Commercial Management. 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. The team collaborates with New Site Development, Sales, Solution Engineering, Design Engineering, Construction, Operations, Finance, and Senior Management along the way. In addition to pre-construction development work, we also help ensure optimal revenue realization post-construction through development of commercial constructs and pricing that aligns to the objectives of both Vantage and our customers.
Position Overview
Vantage is actively seeking a dynamic Real Estate Transaction Manager/Coordinator 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 meticulously 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.
Essential Job Functions
This pivotal role will encompass the comprehensive handling and meticulous tracking of site selection activities within specified markets across North America that assist and support the site selection and acquisition process. The incumbent will play a crucial role in supporting due diligence processes, overseeing and managing all site transactions while ensuring seamless alignment among partners to facilitate the successful closure of transactions within designated timelines, scope, and budget. Furthermore, this role extends its influence into program management within the Market Development team, strategically aligning initiatives and synchronizing efforts between Market Strategy, Site Selection, and Commercial Operations. The Real Estate Transaction Manager will actively contribute to fostering a unified approach, ensuring cohesive strategies, and streamlined execution across these integral facets of Vantage's Market Development division.
Moreover, the successful candidate will be empowered to architect and establish robust systems and processes, process improvements, taking charge of running and maintaining comprehensive dashboards, contracts, metrics, feedback mechanisms, and monitoring systems pertinent to site acquisition activities. The ability to meticulously conform to Vantage’s brand standards and process protocols will be paramount in ensuring the seamless execution and alignment of all transactional aspects.
Duties
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, and collecting and tracking market comp data.
Transaction Facilitation: Oversee transaction processes, coordinating the seamless progression of acquisitions to closure. Manage and timely reporting on the status of all acquisitions, ensuring the timely preparation of requisite deliverables.
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. Coordinate a spectrum of assessments including power, fiber, environmental and risk surveys, title and legal due diligence, easements, entitlements, and other crucial facets impacting site development.
Document Preparation and Col
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