Oracle - Olympia, WA

posted about 2 months ago

Full-time - Mid Level
Olympia, WA
Publishing Industries

About the position

The Data Center Site Acquisition Program Manager is responsible for leasing and acquiring data center space and assessing related infrastructure in select metropolitan areas. This role is a regional member of the Data Center Site Selection & Acquisition team, tasked with performing analytics and conducting market research in targeted metros and regions. The Program Manager will develop acquisition opportunities, negotiate commercial terms with landlords and stakeholders, and construct and negotiate complex lease agreements and associated legal documents, including Master Service Agreements, new lease agreements, lease renewals, and amendments. This position requires close collaboration with various teams, including regional supply, engineering, construction, legal, security, networking, and operations, throughout each project and transaction. The Program Manager will be responsible for preparing and presenting periodic presentations in the form of investment write-ups and presentations, which will be prepared in collaboration with all key stakeholders for internal governance. The ideal candidate will have experience in site selection for industrial-scale projects, real estate evaluation, acquisition, development, construction, lease agreements, and a general awareness of utility agreements, sustainable practices, and financial modeling. The role demands a strong problem solver who can operate in a fast-paced, ambiguous environment, and who can manage multiple lease projects while coordinating with internal team members, consultants, vendors, and external stakeholders. The Program Manager will also be accountable for lease execution from demand signal through to the 'general availability' date, driving performance metrics such as safety, quality, rates, schedule, and cost within critical timelines required by the business. This role will involve leading cross-functional teams to evaluate, select, negotiate, and recommend leases for approval, as well as developing high-quality metro strategies based on market expertise, ensuring time-to-market and cost efficiencies required by the business units.

Responsibilities

  • Be accountable for lease execution from demand signal through to 'general availability' date, driving each performance metric (safety, quality, rates, schedule, cost, etc.) within critical timelines required by the business.
  • Manage multiple lease projects and coordinate with internal team members, consultants, vendors, and external stakeholders.
  • Work with capacity (demand) planners and network specialists to understand capacity needs and site requirements in assigned metros/regions.
  • Lead cross-functional teams to evaluate, select, negotiate, and recommend leases for approval.
  • Develop high-quality metro strategies based on market expertise, within the context of time-to-market and cost efficiencies required by the business units.
  • Drive commercial terms with our lease providers in the region.
  • Work with internal Corporate Procurement personnel to drive executable lease documents.
  • Work with Finance team to conduct Total Cost of Ownership (TCO) lease or build options to recommend the most favorable strategies for assigned metros.
  • Update systems of record to ensure accurate data fidelity and executive reporting.
  • Conduct market research on targeted metros and regions, new countries, metros, and target locations.
  • Provide strong analytical reporting on market strategies, outlining risks on delivery (cost and timelines) and supporting the team with day-to-day activities as needed.

Requirements

  • 8+ years relevant experience in site selection for industrial-scale projects, real estate evaluation, acquisition, development, construction, and lease agreements.
  • BA/BS degree in a relevant field.
  • Knowledge of the Data Center industry, operators in the region, and market dynamics is preferred.
  • Experience in leading complex negotiations, contract formation, and contract negotiations.
  • Knowledge of real estate and mission-critical environments, such as Data Centers.
  • General background in real estate development and land acquisition is a plus, with an understanding of local laws and permitting.
  • General understanding of hybrid real estate solutions such as Build-to-suit, Retail, and Wholesale leases (data center a plus).
  • Strong collaboration skills, working closely with multiple teams and subject matter experts, driving and resolving questions effectively.
  • Confident, takes ownership, and has a willingness to 'do what it takes' to get the job done with proven experience leading complex negotiations/initiatives to successful completion.
  • Positive attitude and ability to contribute consistently in a high-paced, fast-changing, and at times unpredictable work environment.
  • Strong analytical, creative thinking, written, and verbal communication skills.
  • Proven ability to apply critical thinking in complex situations.

Nice-to-haves

  • Knowledge of sustainable practices in real estate acquisition and development.
  • Experience with financial modeling related to real estate projects.

Benefits

  • Medical, dental, and vision insurance, including expert medical opinion.
  • Short term disability and long term disability.
  • Life insurance and AD&D.
  • Supplemental life insurance (Employee/Spouse/Child).
  • Health care and dependent care Flexible Spending Accounts.
  • Pre-tax commuter and parking benefits.
  • 401(k) Savings and Investment Plan with company match.
  • Flexible vacation policy for salaried employees.
  • Accrued vacation for eligible employees working at least 35 hours per week.
  • 11 paid holidays.
  • Paid sick leave: 72 hours upon date of hire, refreshing each calendar year.
  • Paid parental leave.
  • Adoption assistance.
  • Employee Stock Purchase Plan.
  • Financial planning and group legal services.
  • Voluntary benefits including auto, homeowner, and pet insurance.
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