Real Estate Developer - Net Lease Development

Job Description

Net Lease Development

Cove Capital Investments is seeking a Vice President of Net Lease Development for its build to suit net lease development platform. The candidate should possess a proven track record of the entire net lease development process from A to Z.

Compensation: Salary with generous bonus potential upon successful completion of projects. The sky is the limit for the right candidate.

Requirements:

- 3-5+ years of related experience working with a preferred developer of national/regional tenants of single tenant net lease properties

- Strong and comprehensive knowledge of real estate contracts & leases, site selection/acquisition, design and construction matters

- Self-starter/Go-getter, problem solver/critical thinker and ability to perform with sense of urgency and complete attention to detail.

- Ability to work independently as well as part of a dynamic team

- Strong attention to detail and evaluation skills

- Deep technical knowledge of the full net lease development process including: site selection, lease negotiation, land acquisition, construction, permitting process, etc.

- Someone who thrives in a fast-paced environment involving numerous running projects

- Strong verbal and written communication skills

- Strong commitment to utmost ethics and integrity

- Willingness to travel

Job Functions:

- Develop and foster relationships between the Company and national/regional tenant clients

- Secure all necessary property/project entitlements and construction related permits/approvals for each development

- Preparation and on-going administration of Development Update Reports summarizing progress/schedule as needed to manage each development

- Spearhead the preparation, analysis and on-going administration of a development’s budget/proforma, including site, building, tenant build-out, architectural, engineering, brokerage, tenant allowance, and any other soft and hard costs

- Review and aid in the execution and administration of Land Purchase Agreements, Letters of Intent, Lease Agreements with clients/tenants and other transaction-oriented documents

- Manage the preparation of development overview packages for each potential development site (e.g. site plan, site investigation report, project presentation, contracts and contract summary)

- Dialogue and effectively communicate with land sellers, governmental agencies and other parties throughout the development and closing process

- The management of lease work letter agreements, taxes, insurance, tenant delivery packages, rent commencement letters, etc, etc.

- Procuring and coordinating a network of engineers, architects, land use attorneys/planners, and any other necessary project consultants or vendors.

- Coordinate the production of, and review and have a thorough understanding of all projects related; site plans, surveys, geotechnical reports, Phase 1 & 2 ESA reports, Civil drawings, Architectural drawings, Structural drawings, PEMB drawings, etc.

- Analysis and tracking of project budget, change orders, draw review, delivery schedule, entitlements, incentives and deliverables.

- Analyze and approve consultant invoices

- Oversee the construction of projects to ensure quality, schedule, and a smooth turnover to all tenant users as well as potential buyers of the asset.

- Analyze construction pay applications and change order requests

- Complete construction punch list inspections

Educational Requirements:

Bachelor’s degree in Civil Engineering preferred; or Bachelor’s degree in Engineering or other related discipline.

ABOUT COVE CAPITAL INVESTMENTS, LLC

Cove Capital Investments is a private equity real estate firm providing accredited investors access to 1031 exchange eligible Delaware Statutory Trust properties as well as other real estate investment offerings. www.covecapitalinvestments.com

Cove Capital is an Equal Opportunity Employer; employment with Cove Capital is subject to proven merit, competence and qualifications and will not be influenced in any manner by race, color, gender, religion, national origin/ethnicity, disability status, veteran status, age, sexual orientation, gender identity, marital status, mental or physical disability or any other legally protected status.

Job Type: Full-time

Pay: $80,000.00 - $300,000.00 per year