Prologis, Inc. is the global leader in logistics real estate. In partnershipwith our customers and our communities, we develop modern, high-qualityproperties that set the standard for innovative building design andsustainability. Prologis owns or has investments in properties and developmentprojects of 1.2 billion square feet in 19 countries and enables 2.8% ofthe world's GDP. We have committed to achieve net zero emissions by 2040.Beyond real estate, our Essentials platform optimizes the company's globalasset portfolio to provide our customers solutions that address today'swarehouse and shipping challenges. Prologis Ventures invests in logisticsinnovation and technology companies to modernize supply chains worldwide.
Job Title:Intern, Investment Services
Company:
Prologis
Intern, Investment Services
A day in the life
Prologis' Investment Services Intern program will expose motivatedcandidates to various aspects of the underwriting, due diligence and closingprocess for industrial real estate acquisitions, dispositions, financingsand fund contributions. During this 16-week program, you will have anopportunity for hands-on learning experiences, on-the-job training as wellas access to more formal trainings and the opportunity to network with realestate professionals within Prologis. This program will provide you with aconfirmed foundation and preparedness for a successful beginning to yourcareer in Commercial Real Estate and with the successful completion of thePrologis internship, you may be awarded an opportunity to join Prologis as aFull Time Analyst.
We are looking for candidates to start as early as March 2024 and have someflexibility to accommodate later Spring starts.
Key responsibilities include:Coordinate due diligence activities related to transactions.Analyze and abstract leases, and any property information provided.Engage third party consultants and coordinate site visits.Prepare, distribute, acquire signatures related to estoppels and SNDAsfrom customers.Set up wires for earnest money and purchase price money.Assist in preparing investment memos summarizing potential acquisition anddisposition opportunities for Investment Committee.Provide support to legal and investment officer during the contractnegotiation process.Ad hoc analysis, must be comfortable using and creating spreadsheets in Excel.
Building blocks for success
Required:Proficient with Microsoft Word, Excel, OutlookCustomer Service oriented with ability to communicate at all levels.Ability to meet deadlines in a high volume and fast paced environment,project management skills and detail oriented.Self-Starter and collaborative nature and teammate.Passion for Real Estate!
Preferred:Bachelor's degree from four-year college or university; related experienceand/or training; or equivalent combination of education and experience.Real Estate, Finance preferred.
Hiring Salary Range of $25/hour.
#LI-HBPeople First
Each of us working at Prologis plays an essential role in the enduring successof our company. We value people who are decisive, courageous and adaptable.While we are one company, locations and departments operate with autonomyand accountability. Individuals take the initiative here.
When you join Prologis, you work shoulder to shoulder with some of the toptalent in the industry to do the best work of your career. Every employeebelongs. Every employee contributes. Employees advance their careers here.
As a successful global enterprise, Prologis has never lost sight of whatmatters most, our strong belief that our people are the most important partof our business. And because of that, we provide a generous total rewardspackage and take a lot of time to focus on quality management and leadershipdevelopment. People come first here.
All full-time roles in the US come with a robust benefits package whichincl des healthcare, dental, and vision insurance for employees andeligible dependents. Prologis also offers several other wellness,financial, and work/lifestyle-specific benefits. Our 401(k) retirementplan has a company match of 50% up to 12% of eligible compensation. Wealso offer generous PTO with a starting accrual of 22 days a year in additionto paid holidays and volunteer time.
All job offers are contingent upon successful completion of backgroundverification. Prologis is an Equal Opportunity/Affirmative Action employerand all qualified applicants will receive consideration for employment withoutregard to race, color, religions, sex, national origin, sexualorientation, gender identity, disability status, protected veteranstatus, or any other characteristic protected by law.