Associate​/Sr. Associate, Industrial Investments

Overview

Realty Income aims to be a globally recognized leader in the S&P 100, committed to creating long-term value for all stakeholders. These stakeholders include our dedicated team members, who embody our purpose: building enduring relationships and brighter financial futures. This guiding principle serves as a beacon for our team, influencing every action we take. Our employees consistently invest their time, commitment, and dedication into the company, and in turn, they receive investment returns in the form of purpose, belonging, and opportunities for advancement.

We are committed to best-in-class corporate responsibility practices through environmental initiatives, governance programs, and community outreach projects. From the boardroom to the breakroom, our team members make a difference every day.

Job Summary

Reporting to the Senior Vice President of Investments, the Associate / Senior Associate, Industrial Investments supports portfolio‑level, entity‑level, and one‑off industrial investment opportunities. This role partners closely with senior investment leaders on the evaluation, structuring, and execution of transactions across the industrial portfolio.

The Associate / Senior Associate must be comfortable working with confidential information, managing multiple priorities, and operating in a fast‑paced, professional environment. The ideal candidate brings prior transaction experience, strong analytical skills, and a collaborative mindset to support the Investments team. This position may be filled at the Associate or Senior Associate level depending on experience. This hybrid position is based in our San Diego (Del Mar area) headquarters.

Team members are expected to be in the office Monday through Thursday for collaboration, with the opportunity to work remotely on Fridays.

Transaction Execution

• Support the day‑to‑day execution of industrial investment transactions from initial evaluation through closing
• Prepare and review transaction materials, including confidentiality agreements, non‑disclosure agreements, and letters of intent
• Analyze transaction structures, economics, and asset‑level underwriting
• Evaluate real estate markets, asset performance, leasing activity, and other deal‑specific considerations
• Manage transaction processes and information flow between internal teams (Credit, Legal, Accounting, and Investment Committee) and external partners (brokers, developers, investment bankers, and corporate real estate officers)
• Prepare and maintain Investment Committee materials, including financial models, transaction summaries, and supporting analysis
• Present proposed investment opportunities to the Investment Committee and senior leadership

Business Development & Market Coverage

• Source potential off‑market industrial investment opportunities through outreach to tenants, owners, and market participants
• Partner with brokers to evaluate marketed transactions and track active opportunities
• Participate in calling efforts, meetings, and property tours to support investment sourcing efforts
• Conduct industry and market research to identify emerging opportunities and trends
• Maintain regular coverage of sellers and intermediaries, including brokers, developers, sponsors, bankers, and tenants
• Build and maintain long‑term relationships with external investment partners
• Maintain and update the investment pipeline, including tracking prior‑year investment activity
• Support ad‑hoc projects and analyses in collaboration with Senior Executives and the Chief Investment Officer

Qualified candidates are typically expected to have:

• Bachelor’s degree in finance, economics, accounting, or a related field
• Associate level: 4+ years of relevant experience with demonstrated transaction execution responsibility
• Senior Associate level: 6+ years of relevant experience with demonstrated transaction execution responsibility
• Experience in commercial real estate investments, acquisitions, investment banking, brokerage, development, or corporate finance strongly preferred
• Advanced proficiency in Microsoft Excel and Power Point
• Experience with financial modeling and a strong understanding of…