Vice President, Development

Key Responsibilities

Acquisitions & Development Leadership

• Lead sourcing, evaluation, negotiation, and advancement of acquisitions, developments, redevelopments, and expansion opportunities across target markets.
• Develop market strategies and portfolio growth plans informed by market trends, competition, demographics, and investment priorities.
• Oversee underwriting, valuation, business case development, and investment committee materials for transaction opportunities.
• Lead due diligence efforts across legal, title, environmental, operational, entitlement, and financial workstreams.
• Build and maintain strong relationships with brokers, developers, landowners, municipalities, consultants, and other external stakeholders.
• Coordinate with Legal and leadership on letters of intent, purchase agreements, development agreements, joint ventures, leases, and related real estate documents.
• Manage pipeline visibility, prioritization, transaction status, risk tracking, and leadership reporting.
• Partner with Development, Architecture, Construction, and Operations to transition approved deals into execution.
• Provide strategic recommendations related to market entry, capital allocation, timing, risk, and portfolio fit.
• Support continuous improvement in acquisition and development workflows, market intelligence, and decision support.

Required Qualifications

• Bachelor’s degree in Real Estate, Finance, Business, Economics, or a related field.
• 12+ years of experience in commercial real estate acquisitions, development, investment, or portfolio growth.
• Strong understanding of underwriting, valuation, due diligence, market analysis, and development processes.
• Strong negotiation, relationship management, and strategic planning skills.
• Strong financial analysis and executive communication capabilities.
• Ability to lead complex cross-functional initiatives across multiple markets.

Preferred Qualifications

• Experience in self-storage, retail, industrial, multifamily, or another multi-site operating environment.
• Experience in a public company, REIT, or growth-oriented real estate organization.
• Strong market relationships preferred.
• MBA or Master’s in Real Estate preferred.

Workplace

• One of our values pillars is to work as One Team and we believe that there is no replacement for in-person collaboration but understand the value of some flexibility. Public Storage teammates are expected to work in the office five days each week with the option to take up to three flexible remote days per month. 

Public Storage is an equal opportunity employer and embraces diversity. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status. All qualified candidates are encouraged to apply.

**Sponsorship for Work Authorization is not available for this posting.  Candidates must be authorized to work in the U.S. without restrictions or requiring sponsorship now or in the future. We do not provide training plans or support for F-1 OPT, STEM OPT extensions, or future visa sponsorship.**

 

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