Director of Industrial Real Estate Development

Why Choose Suddath to "Move" your Career to the Next Level?

At Suddath, you can be part of something special and inclusive! Join a team that has a 100+ year reputation for excellence as an innovative, growing and financially stable company that is dedicated to promoting a culture that thrives on inclusion and diversity. From numerous awards to being recognized as one of the best places to work, Suddath offers a caring, family environment while providing relocation and logistics services to people and companies all around the world.

What We Offer!

• A competitive wage with a comprehensive benefits package, including a 401(k) plan with company matching
• Weekly pay for hourly-paid employees. Biweekly pay for salaried employees.
• Paid Time Off (PTO) and paid company holidays
• A tuition reimbursement plan where employees are encouraged to continue their education and development
• For more information on our benefit offerings, please visit https://suddath.com/about/careers/ and scroll down to view our employee benefits.

Company:

We are a growth-oriented commercial real estate development firm specializing in industrial, logistics, warehouse, manufacturing, and business park developments. Our team is focused on creating high-quality industrial assets through strategic acquisitions, innovative development solutions, and disciplined execution.

We are seeking an experienced Director of Industrial Real Estate Development to work hand in hand with the VP of Real Estate to grow our development platform and drive project execution from acquisition through stabilization.

General position summary:

The Director of Industrial Real Estate Development is responsible for sourcing, evaluating, entitling, developing, and delivering industrial real estate projects. This leadership role oversees the entire development lifecycle while managing internal teams, consultants, contractors, municipalities, capital partners, and brokers.

The ideal candidate will have extensive experience in industrial development, strong financial and analytical skills, exceptional leadership abilities, and a proven track record of successfully delivering industrial projects.

Essential Duties & Responsibilities:

Strategic Development Leadership

• Help manage the company's industrial development initiatives and growth strategy
• Identify, evaluate, and pursue new development, redevelopment, and acquisition opportunities
• Develop and maintain a pipeline of industrial projects
• Evaluate market opportunities and competitive developments
• Collaborate with executive leadership on strategic planning and business expansion efforts

Land Acquisition & Due Diligence

• Source land and development opportunities

• Conduct acquisition analysis and feasibility reviews

• Manage due diligence processes including:

• Environmental assessments

• Geotechnical investigations

• Utility capacity evaluations

• Survey and title reviews

• Regulatory and entitlement analyses

• Negotiate purchase agreements, consultant proposals, and other contracts needed

Financial Analysis & Investment Management

• Work with the Leadership on project underwriting and financial modeling
• Evaluate project feasibility and risk profiles
• Prepare investment committee presentations and recommendations
• Develop and manage development budgets and capital expenditures
• Monitor project profitability and financial performance

Entitlement & Municipal Coordination

• Lead rezoning, entitlement, permitting, and site approval efforts
• Maintain relationships with municipalities, utility providers, planning agencies, and economic development organizations
• Represent the company at public hearings, planning commissions, and municipal meetings
• Manage external consultants and legal counsel during approval processes

Project Oversight

• Oversee all phases of project design and construction
• Direct architects, engineers, contractors, and consultants
• Monitor project schedules, budgets, and quality standards
• Review and approve contracts, change orders, and major project expenditures
• Lead project meetings and executive reporting

Leasing & Tenant Coordination

• Collaborate with leasing teams on tenant requirements and market positioning
• Support build-to-suit opportunities and tenant negotiations
• Evaluate market demand and development timing strategies
• Assist with lease negotiations from a development perspective

Specific Job Skills:

• Strong understanding of land acquisition, entitlements, site development, capital planning, investment analysis
• Demonstrated ability to manage multiple projects simultaneously with successful project execution experience
• Working experience with logistics facilities, distribution centers, manufacturing developments, industrial parks, build-to-suit developments
• Strong broker, municipal, consultant, contractor, and capital partner relationships
• Excellent communication and presentation skills
• Experience in strategic planning, financial modeling & analysis
• Ability to lead projects, coordinate teams
• Strong industrial development expertise
• Proven deal negotiation skills
• Solid capital markets knowledge
• Excellent public agency relationship management
• Construction oversight experience
• Strong risk management capabilities

Supervisory Responsibilities:

• This position has supervisory responsibilities

Other Duties & Responsibilities:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Education & Experience:

• Bachelor's degree in Real Estate, Finance, Civil Engineering, Construction Management, Business, or related field
• Minimum 7 years of commercial real estate development experience
• Minimum 5 years of leadership experience managing development teams
• Proven experience developing industrial, warehouse, logistics, manufacturing, or business park projects

Travel:

• Less than 25% required

Language Skills:

• Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals
• Ability to write routine reports
• Ability to speak effectively before groups of customers or employees of organization
• Excellent written and verbal communication skills

Mathematical Skills:

• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume
• Ability to apply concepts of basic algebra and geometry

Reasoning Ability:

• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
• Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form

Computer Operations:

• To perform this job successfully, an individual should have strong knowledge of Microsoft Office Suite

Planning/Organization:

• Ability to prioritize and re-prioritize as situations and needs change throughout the workday
• Ability to multi-task and organize workflow to manage daily responsibilities, meet deadlines and prioritize work

Certificates/Licenses/Registrations:

• No certification is required

Working Conditions:

• Cubicle working environment
• Noise level in the work environment is usually moderate

Physical/Environmental Demands:

Activity:

• Stand - Under 1/3 Time
• Walk - Under 1/3 Time
• Sit - Over 2/3 Time
• Use hands to finger, handle, or feel - Over 2/3 Time
• Reach with hands and arms - 1/3 to 2/3 Time
• Climb or balance - None
• Stoop, kneel, crouch or crawl - Under 1/3 Time
• Talk or hear - over 1/3 to 2/3 Time
• Taste or smell - 1/3 Time
• Other

Physical Activity Level:

• The employee must occasionally lift and/or move up to 10 pounds
• While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear
• The employee is occasionally required to reach with hands and arms

Manual Dexterity:

• Manual dexterity sufficient to reach/handle items, works with the fingers, and perceives attributes of objects and materials

Special Vision Requirements:

• Specific vision abilities required by this job include close vision and ability to adjust focus

The Suddath Companies is a multifaceted group of companies that specialize in worldwide corporate employee relocations, household moving, warehouse and logistics management and specialized transportation services.

The Suddath Companies provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.