Vice President , U.S. Logistics Development

Vice President Within Us Logistics Development

Over the last 20 years, Ares' success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Position Summary

As Vice President within US Logistics Development you will oversee and manage various development projects for the Ares East Coast industrial real estate portfolio. This is an exciting opportunity to be a key leadership team member and make a significant impact in our growing business. We're searching for a dynamic and knowledgeable leader to partner with our in-house teams and external contractors and lead the development, redevelopment, construction, capital expenditure and tenant improvement process.

You will regularly partner with Market Leaders, Market Representatives and Development/Construction members on due diligence and budgeting for land acquisition, new developments, redevelopments, construction, and building acquisitions/dispositions.

Essential Position Duties

• Project Management
• Prepare, implement, and oversee project level budgets of DCT Industrial assets and implement an annual budget and capital improvement plan in coordination with property management group
• Manage the land acquisition due diligence activities for development projects including processing of all required entitlements and permits. Prepare related comprehensive scopes of work and manage design of site development, shell building, and exterior improvement projects.
• Oversee the financial underwriting, quarterly projections and development reporting activities for the assigned region
• Coordinate with Market Leaders to support Investment Committee presentations
• Provide technical assistance and advisement for acquisition due diligence
• Direct capital and tenant improvements while consistently maintaining strong tenant and employee relationships. Responsible for ensuring customer needs, capital improvements, and financial performance goals are met while maintaining the physical condition of the assets.
• Prepare comprehensive scopes of work and manage design of capital improvement projects in coordination with property management.
• Prepare cost estimates for the scope of work utilizing quantities, proposals, historical information and general unit pricing knowledge
• Prepare contractor bid packages and upon receipt, analyze for adherence to design, quantities, qualifications, and costs as compared to preliminary analysis and budget
• Prepare estimate complete with all quantities, alternates and unit prices. Review estimate and scope of work with property management, leasing, and/or tenant (if necessary).
• Provide value engineering options where possible
• Provide technical guidance for projects that are generated and managed by property management and third-party managers
• Manage design process and hire architect and/or engineering professionals to provide detailed scope of work and manage projects within budget and schedule
• Manage the overall construction process to include obtaining necessary permits or required jurisdictional documentation
• Prepare critical path schedules to ensure timely delivery of project
• Successfully manage projects and ensure a coordinated effort between the Client, VP/Development and Construction, Project Manager, Property Manager, Market Leaders and VP/Market Representative
• Maintain and apply knowledge of local building codes and processes which effect design and construction
• Maintain ability to travel as required by position
• Administration
• Directly manage and support the work activities of project managers and senior project managers throughout assigned region by applying effective leadership, coaching and mentoring skills
• In conjunction with direct reports, oversee the preparation of the annual…