Data Center Site Acquisition Program Manager

$87,800 - $199,500/Yr

Oracle - Raleigh, NC

Full-time - Mid Level

Raleigh, NC

Publishing Industries

About the position

The Data Center Site Acquisition Program Manager is a pivotal role responsible for leasing and acquiring data center space while assessing the related infrastructure in select metropolitan areas. As a regional member of the Data Center Site Selection & Acquisition team, this position involves 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 role requires close collaboration with various teams, including regional supply, engineering, construction, legal, security, networking, and operations, throughout each project and transaction sequence. The Program Manager will be responsible for preparing and presenting periodic presentations in the form of investment write-ups and presentations, which will be developed in collaboration with all key stakeholders for internal governance. The ideal candidate will have extensive experience in site selection for industrial-scale projects, real estate evaluation, acquisition, development, construction, and lease agreements. A general awareness of utility agreements, sustainable practices, and financial modeling is also essential. The role demands a strong problem solver who can operate effectively in a fast-paced and ambiguous environment, managing non-routine and complex work that requires advanced technical and business skills. With a minimum of 8 years of relevant experience and a BA/BS degree, the candidate should possess knowledge of the Data Center industry, operators in the region, and market dynamics. Experience in leading complex negotiations and contract formation is crucial, along with a general understanding of hybrid real estate solutions such as Build-to-suit, Retail, and Wholesale leases. The Program Manager must be a strong collaborator, capable of driving and resolving questions effectively, and should demonstrate a positive attitude and ownership in their work.

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.
• Collaborate with the 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 of 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.
• General understanding of hybrid real estate solutions such as Build-to-suit, Retail, and Wholesale leases (data center experience is a plus).
• Strong analytical, creative thinking, written, and verbal communication skills.
• Proven ability to apply critical thinking in complex situations.
• Ability to operate in a fast-paced, ambiguous environment and manage non-routine, complex work.

Nice-to-haves

• A general background in real estate development and land acquisition, with an understanding of local laws and permitting.
• Experience in financial modeling and sustainable practices.

Benefits

• Medical, dental, and vision insurance, including expert medical opinion.
• Short term disability and long term disability insurance.
• 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, with a rate of 13 days annually for the first three years and 18 days annually thereafter.
• 11 paid holidays.
• 72 hours of paid sick leave 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.