Investment Associate, Data Center Transactions - East Region
Prologis5 months ago
Columbia, Maryland, United States
On-site
Full-time
Junior Level (1-3 years)
Job Description
Position Overview
At Prologis, we don’t just lead the industry—we define it with a 1.3 billion square foot portfolio and an annual throughput of approximately $3.2 trillion. As an Investment Associate – Data Center Transactions - East Region, you will provide analytical and project management support to the Data Center Development Team on acquisitions, redevelopments, and new developments across the East region. This full-time role based at our Baltimore-Columbia Office (with additional locations in Atlanta, Georgia and Columbia, Maryland) offers unmatched scale, innovation, and a dynamic environment where your expertise is highly valued.
Key Responsibilities
- Collaborate with the Data Center Investment Officer to drive project flow by identifying and developing data center opportunities, including green-field land acquisition, development, and value-add redevelopments.
- Build and maintain key relationships with third-party vendors, including brokers, architects, contractors, and engineers to facilitate the successful delivery of data center projects.
- Identify, present, and assess new investment opportunities within the data center sector, capitalizing on emerging trends to deliver industry-leading returns.
- Lead the preparation of investment memos, feasibility studies, and presentations for senior management and the Investment Committee.
- Evaluate the value and potential of data center investments by creating and analyzing discounted cash flow and proforma models, and manage proforma models for both existing and future land banks.
Required Qualifications
- 3+ years of relevant experience in real estate or construction, with a focus on development, finance, or project management, especially within data center or industrial sectors.
- Strong knowledge of financial and real estate concepts, including net present values, internal rates of return, cap rates, and the ability to create and modify cash flow models using Argus and Microsoft Excel.
- Experience in analyzing, interpreting, and preparing real estate and construction documents such as LOIs, RFPs, offering memorandums, market reports, and contracts.
- Ability to travel up to 25% domestically.
Preferred Qualifications
- Bachelor’s degree in Real Estate, Finance, Civil Engineering, Construction Management, or Economics; an advanced degree is a plus.
- Familiarity with enterprise software platforms such as Yardi, Salesforce, PeopleSoft, and real estate research databases.
- Understanding of data center development considerations, including power and cooling infrastructure, sustainability standards, and client operational needs.
- Highly organized, detail-oriented, and capable of managing multiple concurrent projects and deadlines.
- Strong interpersonal and communication skills with the ability to support cross-functional teams and represent initiatives to external stakeholders.
Benefits & Perks
- Compensation: Hiring salary range of $101,000 - $126,000, with the overall package (including bonus targets) determined by location, education, experience, and market factors.
- Robust benefits package including healthcare, dental, and vision insurance for employees and eligible dependents.
- 401(k) retirement plan with a company match of 50% up to 12% of eligible compensation.
- Generous PTO starting at 22 days per year, in addition to paid holidays and volunteer time.
- Additional wellness, financial, and work/lifestyle-specific benefits.
Required Skills
Project management
Financial analysis (NPV, IRR, cap rates)
Investment memo and feasibility study preparation
Discounted cash flow modeling
Real estate and construction document analysis
Proforma modeling
Vendor relationship management
Data center development
Excel and Argus proficiency