Benefits

Job Description

JOB SPECIFICATION

Position: Vice President, Investments

Company: ShopOne Centers

Location: Flexible – Major City in Western United States

Reports to: Chief Executive Officer

OVERVIEW:

ShopOne Centers (“ShopOne”) is a leading owner and operator of high-quality, open-air shopping centers throughout the United States. ShopOne is currently deploying capital on behalf of an institutional programmatic joint venture targeting grocery-anchored shopping centers throughout the United States and, with its joint venture partners, has recently been among the most active investors in the sector.

ShopOne has an immediate opportunity for a highly motivated and experienced individual to join the Investments team. Reporting to the Chief Executive Officer, the role will be responsible for sourcing, negotiating, and executing new grocery-anchored shopping center acquisitions in the Western United States while also assisting in the execution of ShopOne’s overall disposition strategy. The candidate must be highly analytical and have direct experience in leading the acquisition due diligence process with a demonstrated ability to work well with all levels of internal management as well as the national brokerage and property owner community.

ShopOne is headquartered in New York City and has regional offices in Philadelphia, Tampa, and Toledo. The geographic home office location for the right candidate is flexible, but preference is for a major Southwest/West Coast city.

DEFINING SUCCESS FOR THIS ROLE:

Consistently generates a high-quality and robust pipeline of retail shopping center acquisition targets, leading the expansion of ShopOne’s presence and pipeline in the Western United States
Leverages ShopOne’s platform for analytical and operational support but operates as a self-reliant regional deal lead driving transactions from sourcing through closing.
Delivers clear, timely, and transparent communication—both written and verbal—to senior leadership and joint venture partners, ensuring alignment throughout the investment process.

KEY RESPONSIBILITIES:

Create, maintain, grow, and foster relationships with owners, developers, and the national brokerage community, to facilitate the sourcing and completion of Acquisition and Disposition investment transactions.
Manage and lead the acquisition and due diligence process for Investment transactions including physical, financial, legal, and operational due diligence in the Southwest and West Coast regions.
In conjunction with ShopOne Associates, oversee the underwriting and preparation of Investment Memoranda for Acquisition and Disposition transactions, effectively communicating support for underwriting assumptions with ShopOne senior management and joint venture partners.
Assist in gathering and evaluating economic, demographic, and market data including rent comparables and sales comparables during the acquisition underwriting process.
Supervise current analytical support on Investments and Finance teams.
Review and assist as needed in generating financial analyses utilizing Excel and Argus Enterprise, including cash flow projections and sensitivity analyses.

EXPERIENCE/QUALIFICATIONS

Bachelor’s degree in finance, real estate, business, accounting, or economics.
5+ years of experience in a relevant acquisition or institutional investment sales transaction role, specific experience with retail real estate is required.
Strong technical financial modeling aptitude with in-depth knowledge of common underwriting practices and return metrics.
Advanced proficiency in Excel, PowerPoint, and Argus Enterprise.
Ability to analyze quantitative and qualitative information and creatively determine a solution.
Self-motivated with a strong willingness to learn new concepts.
·Ability to work independently and meet deadlines.
Detail-oriented with strong analytical and organizational skills.
Works well in a collaborative, entrepreneurial, and fast paced environment.
Excellent interpersonal, communication and networking skills necessary to effectively interact with senior management, joint venture partners, the national brokerage community, and other property owners.

COMPENSATION/BENEFITS