Investment Associate, Data Center Transactions

Job description

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. We create the intelligent infrastructure that powers global commerce, seamlessly connecting the digital and physical worlds. From agile supply chains to energy solutions, our ecosystems help your business move faster, operate smarter and grow sustainably. With unmatched scale, innovation and expertise, Prologis is a category of one—not just shaping the future of logistics but building what comes next. Job Title: Investment Associate, Data Center Transactions Company: Prologis A day in the life As an Investment Associate – Data Center Transactions, you will provide analytical and project management support to the Data Center Team for acquisitions, redevelopment, and development opportunities within the Central & East Regions. You will play a critical role in translating strategic direction into actionable outcomes, ensuring the seamless advancement of acquisitions, redevelopments, and new developments across the data center portfolio. Key Responsibilities Collaborate with the Data Center Investment Officer and their team to drive deal 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, with an emphasis on capitalizing on emerging trends to deliver industry-leading returns. Lead the preparation of investment memos, feasibility studies, and other presentations for senior management and the Investment Committee. Evaluate the value and potential of data center investments or development projects by creating and analyzing discounted cash flow models, proforma models, and other related financial analyses. Manage and maintain proforma models for existing and future land banks designated for data center development. Demonstrate willingness and capability to leverage emerging technology, automation, and AI tools to improve efficiency, quality, and speed. Exercises sound judgment, creative thinking, and accountability for outcomes. Building Blocks for Success Required: 3+ years of relevant experience, preferably in the real estate or construction industry, with a focus on development, finance, or project management, particularly within the data center or industrial sectors. Strong knowledge of financial and real estate concepts, such as joint venture partnerships, net present values, internal rates of return, and cap rates, as well as the ability to create and modify cash flow models (with and without debt financing, distribution waterfalls) using Argus and Microsoft Excel. Experience in analyzing, interpreting, and creating real estate and construction documents, including but not limited to LOIs, RFPs, property offering memorandums, market reports, and contracts. Ability to travel up to 25% domestically. Preferred: Bachelor’s degree in Real Estate, Finance, Civil Engineering, Construction Management, or Economics; advanced degree a plus. Familiarity with enterprise software platforms such as Yardi, Salesforce, PeopleSoft, and real estate research databases. Knowledge 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; able to effectively support cross-functional teams and represent initiatives to external stakeholders. Hiring Salary Range of: $108,000 - $135,000 . Salary and whole compensation package (bonus target) to be determined by the candidate’s location, education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data. #LI-TA1 People First Each of us working at Prologis plays an essential role in the enduring success of our company. We value people who are decisive, courageous and adaptable. While we are one company, locations and departments operate with autonomy and accountability. Individuals take the initiative here. When you join Prologis, you work shoulder to shoulder with some of the top talent in the industry to do the best work of your career. Every employee belongs. Every employee contributes. Employees advance their careers here. As a successful global enterprise, Prologis has never lost sight of what matters most, our strong belief that our people are the most important part of our business. And because of that, we provide a generous total rewards package and take a lot of time to focus on quality management and leadership development. People come first here. All full-time roles in the US come with a robust benefits package which includes healthcare, dental, and vision insurance for employees and eligible dependents. Prologis also offers several other wellness, financial, and work/lifestyle-specific benefits. Our 401(k) retirement plan has a company match of 50% up to 12% of eligible compensation. We also offer generous PTO with a starting accrual of 22 days a year in addition to paid holidays and volunteer time. All job offers are contingent upon successful completion of background verification. Prologis is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religions, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law. Employment Type: Full time Location: Dallas, Texas Additional Locations: Baltimore-Columbia Office