Real Estate Associate

About the Company:

Industrious is the largest premium workplace-as-a-service provider and home to the highest-rated workplaces in the industry. Everything we do comes down to creating great days for teams of all sizes and stages, including our own. We believe that what makes a great day at work is the people on your team and the problems you get to solve together. We’re looking for people who love thinking outside the box and thrive in a truly collaborative setting.

As teammates, we encourage new ideas and toast every win. We’re excited about having a meaningful impact on people’s workplace experience.

Great days also start when everyone can be their authentic self ersity of backgrounds, thoughts, and ideas is critical to our success in delivering great workplace experiences, both for our members and for each other. Industrious is committed to creating an inclusive, respectful environment that embraces your individuality and quirkiness. You are valued for who YOU are. We celebrate our people as individuals who can accomplish great things when we work together as one team.

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About the Role

Industrious signs new landlord partnerships every year, and the number is growing as our business development team expands. Before any of those deals move forward, someone has to check that it holds together: that the assumptions are sound, that the start date, budgets, rent, pricing, and returns all track, and that the figures from design and construction have carried through correctly.

As a Real Estate Associate on our Real Estate Transactions team that will be your job!

You will underwrite assigned deals in Excel, explain what drives their returns, and flag where a deal is tight, whether on pricing, occupancy, or Cap Ex. Our business development colleagues make the call on whether a deal goes ahead, and your analysis is what they rely on to make it well. You will work with Design, Construction, Finance, and other teams to make sure every number is right, supporting several business development colleagues as deal flow shifts.

Our approach to underwriting is different from a traditional real estate shop, and we will teach it to you. In your first few months you will get close review and clear guidance while you learn how we work. You will also join at a good time: the team is growing, new roles are being added, and we are underwriting a new product, so there is real room to learn, ask questions, and grow with us.

Success here means accurate work. The team trusts your numbers, your flags are clear, and any mistake you make happens once, not twice.

What Might Your Day Look Like

Your morning starts with a new deal from one of our business development colleagues. You go through the model piece by piece: the start date, the budget, the rent and revenue share assumptions, the cash flows, the IRR, and the margin the location is expected to earn per rentable square foot. The returns look fine at first, but pricing is tighter than it seems, so you note it clearly with the number that would need to change.

Late morning, updated figures arrive from Design and Construction. You check that they have flowed into the model correctly. One Cap Ex figure does not match the construction budget, so you confirm the right number with the construction team before it goes any further.

In the afternoon, you walk your business development colleague through the deal: what the returns look like, where the risk sits, and which assumptions matter most. They decide what happens next. Then priorities shift, and another colleague needs support on a deal heading to Investment Committee, so you move over and check that every figure in the review material ties back to the underwriting.

Before you wrap up, you update your…