Intern, Real Estate Operations

Posted:
12/4/2024, 8:15:14 AM

Location(s):
California, United States ⋅ Milpitas, California, United States

Experience Level(s):
Internship

Field(s):
Operations & Logistics

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:

Intern, Real Estate Operations

Company:

Prologis

Prologis Summer Internship Program

Internship Opportunity/Department: Real Estate Operations Intern

Location: Silicon Valley, CA

Do you want to play a role in global commerce? Are you seeking practical experience to supplement your academic pursuits?

The Prologis Summer Internship Program offers students of diverse educational backgrounds the opportunity to secure work experience within their field of study. Over a course of 10-12 weeks, our interns will get to collaborate on various significant projects that impact Prologis’ business landscape. Students will have the opportunity to interact and connect with leaders within the company and build workplace acumen through various seminars and Q&A sessions. Regardless of their assigned departments, interns will have access to local market tours in order to fully comprehend Prologis’ business and how their summer contributions impact the end product.

Prologis seeks both undergraduate and graduate level interns passionate about kickstarting their careers while helping us further our industry leading work across the organization. If you are interested in joining our Prologis team for a summer internship, please apply to our open posting.

Duties and responsibilities:

  • Support Market Data Analysis: Assist in gathering, tracking, and analyzing market data related to leasing activity, rent trends, starts, and absorption to provide insights for real estate operations.
  • Contribute to Asset Rating System Development: Help create an asset rating system for Prologis properties and competitive buildings, aiding in the assessment of property performance and market positioning.
  • Assist with Lease Management and Market Analysis: Aggregate market lease comparisons, refine the quarterly MLA process, and conduct ad hoc lease analyses to support competitive transaction evaluations.
  • Participate in Data Analytics and Reporting Projects: Support data analytics initiatives by conducting historical studies of market statistics, setting up new data collection formats, and working on unit vacancy and property characteristics projects.
  • Collaborate on Portfolio Optimization and Efficiency Initiatives: Work with the team to identify value-adding opportunities in the portfolio, streamline real estate management through technology, and assist with lease proposals, financial analysis, and special projects.

Tell us if you’re ready.

  • Currently enrolled in an undergraduate (rising junior or senior) or graduate program.
  • Proficiency in Microsoft Office Suite.
  • For technical roles: experience with relevant tools such as Argus, Tableau, R, Java, SQL, PeopleSoft, Salesforce, or similar.
  • Strong verbal and written communication skills.
  • High attention to detail, professionalism, and integrity.
  • Motivated by curiosity with a strong desire to learn and grow.
  • Creative mindset and openness to tackling new challenges.
  • Collaborative team player with a supportive approach.

Undergraduate Hiring Hourly Pay: $25-30/Hour

Graduate Hiring Hourly Pay: $35-40/Hour

Hourly pay to be determined by the candidate’s location, education, experience, and skills, as well as internal pay equity and alignment with market data.

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:

Milpitas, California

Additional Locations: