AVP, Acquisition & Development

Phillips Edison & Company - Cincinnati, OH

Full-time - Mid Level

Remote - Cincinnati, OH

Real Estate

About the position

The AVP, Acquisition & Development will play a crucial role in supporting the SVP Development and Redevelopment in identifying and pursuing grocery development opportunities. This position involves a range of responsibilities focused on land assemblage, contract negotiations, and site investigations, ensuring successful project execution from initial phases through to construction and entitlements. The role requires collaboration with various internal teams and external stakeholders to drive the development strategy in emerging markets.

Responsibilities

• Review new grocery development opportunities nationwide.
• Key responsibility on land assemblage, site investigation, site due diligence, initial transactional phase of securing site, construction support, entitlements, and sourcing opportunity.
• Travel to markets to meet with sellers, brokers, JV Partners, and local authorities.
• Organize, attend, and present at any zoning, permitting, or local/state jurisdiction meetings.
• Create a library of available sites nationwide.
• Assist in supporting documents or information for presentations created by AVP Development (AVPD).
• Work closely with the AVPD in all financial models and development site information including contracts, site information, and other items as requested.
• Build relationships in key markets with local land brokers, developers, and municipalities.
• Originate opportunities which may include raw land or existing retail sites to repurpose to meet grocery development goals.
• Provide finance-related support in strategies created for each pursuit model.
• Collect all research-related information on the site and cross-collaborate internally with PECO departments in assembling this information for analysis and presentation purposes directly with AVPD.
• Assist in active qualification of potential sites including research on ownership.
• Assist in working through all contracts and communication involved in the land acquisition and development process.
• Communicate with all third parties and the AVPD to assist in managing the development process.

Requirements

• Bachelor's Degree required; CCIM Designation preferred.
• 10+ years of experience in development, construction, property assemblage, contract negotiations, entitlements, finance, and transaction experience.
• Commercial retail and/or development experience required with an emphasis on land assemblage, ground-up development, entitlements, grocery experience, and negotiating contracts.
• Proficiency in Microsoft Office, particularly Excel, is required.
• Well-developed communication skills.