Valuations Manager

Posted:
7/14/2024, 5:00:00 PM

Location(s):
San Francisco, California, United States ⋅ California, United States

Experience Level(s):
Senior

Field(s):
Finance & Banking

Prologis, Inc. is the global leader in logistics real estate. In partnership with our customers and our communities, we develop modern, high-quality properties that set the standard for innovative building design and sustainability. Prologis owns or has investments in properties and development projects of ~1.2 billion square feet in 19 countries and enables 2.8% of the world’s GDP. We have committed to achieve net zero emissions by 2040. Beyond real estate, our Essentials platform optimizes the company’s global asset portfolio to provide our customers solutions that address today’s warehouse and shipping challenges. Prologis Ventures invests in logistics innovation and technology companies to modernize supply chains worldwide.

Job Title:

Valuations Manager

Company:

Prologis

Valuations Manager, San Francisco, CA

A day in the life

Prologis is seeking a Valuations (appraisal) Manager who has an analytical mindset, a genuine passion for real estate, and is eager to join a culture that embraces change as we work to create the future in logistics real estate. This position will manage the valuation of over 1,250 industrial assets in the West Region of the Americas and will be a key member of a five-member valuations team based in San Francisco, Chicago, and Atlanta.

Key responsibilities include:

  • Take comprehensive day-to-day responsibility for valuation of a portion of the Prologis US business; lead a team of analysts/associates in that process
  • Manage a high volume of activity that could exceed $15B in assets, 750 buildings, and 15-20 appraiser relationships
  • Interface with internal stakeholders to assess building values and track market data, including sales and lease comparables, in several markets across the U.S.
  • Take lead role in training junior staff on valuation concepts and tools (e.g., Argus Enterprise)
  • Manage internal databases and information flow using Yardi, Argus, Excel, and Tableau
  • Communicate quarterly results and key market trends to the CIO, Prologis’ private-capital fund investors, and other Prologis stakeholders
  • Provide underwriting support on occasional corporate projects, possibly to include portfolio acquisitions, dispositions, or re-capitalizations

Building blocks for success

Required:

  • 5+ years of relevant appraisal / valuations experience
  • Demonstrated experience with Argus Enterprise and MS Excel
  • Ability to travel up to 20% of the time
  • Strong financial acumen
  • Strong analytical capabilities

Preferred:

  • Bachelor’s degree in business, finance, or economics

Hiring Salary Range of: $114,000 - $157,000. 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:

San Francisco, California

Additional Locations: