Remotery

Real Estate Lead, Data Center Site Acquisition

atOpenAIRemoteUS flagUnited StatesFull-timeUncategorizedSenior$181k – $285k/year

Posted Aug 9

This is a fully remote position, open to applicants in United States.

📋 Description

• Take charge of market prioritization and the strategy for portfolio acquisition across designated regions.

• Identify and assess land parcels on a large scale to facilitate long-term growth of data centers.

• Develop and oversee a nationwide pipeline of site opportunities by leveraging relationships with brokers and developers, engaging landowners, utilizing utility insights, and performing market mapping.

• Direct the commercial site-control strategy while managing multiple negotiations concurrently, including LOIs, option agreements, PSA structures, BTS, leases, and other relevant pathways.

• Oversee due diligence processes encompassing zoning, entitlements, title/ALTA, environmental issues, power and water infrastructure, site access, offsite enhancements, and easements.

• Collaborate with leaders in Utilities, Land Development, Environmental matters, Economic Development, and Community Affairs.

• Negotiate transaction structures that maintain flexibility while mitigating execution risks, schedule exposure, and development limitations.

• Create transaction approval packages, conduct financial analyses, and prepare executive summaries for acquisition recommendations.

• Develop repeatable playbooks, templates, and criteria for site screening, acquisition closure, and portfolio management.

• Forge relationships with brokers, speculative developers, landowners, consultants, and local market stakeholders.

• Keep track of national and regional land markets, pricing trends, policy shifts, and community dynamics.


⛳️ Requirements

• Minimum of 8 years in commercial real estate acquisition, site selection, or corporate development.

• Experience with data center or hyperscaler companies is preferred.

• Proven track record in identifying and finalizing large-scale land transactions, typically of 500+ acres, within tight deadlines.

• In-depth knowledge of data center site-selection factors, including power availability, grid interconnectivity, fiber optics, zoning, entitlement, and environmental restrictions.

• Capability to manage intricate due diligence tasks, encompassing surveys, title management, environmental reviews, zoning overlays, and access rights.

• Strong negotiation abilities and familiarity with LOIs, PSA terms, option agreements, and closing procedures.

• Exceptional communication and stakeholder management skills.

• Comfortable presenting intricate portfolios to senior executives.

• A strategic, data-driven approach to converting market intelligence into acquisition strategies.

• Willingness to travel for site acquisition opportunities and closures.


🏝️ Benefits

• Equity

• Medical, dental, and vision insurance for you and your family

• Employer contributions to Health Savings Accounts

• Pre-tax Health FSA, Dependent Care FSA, and commuter expense accounts

• 401(k) retirement plan with employer match

• Paid parental leave: up to 24 weeks for birth parents and 20 weeks for non-birthing parents

• Paid medical and caregiver leave: up to 8 weeks

• Flexible PTO for exempt employees

• Up to 15 paid days off annually for non-exempt employees

• 13+ paid company holidays

• Multiple paid coordinated company office closures

• Paid sick or safe time

• Mental health and wellness support

• Employer-paid basic life and disability coverage

• Annual learning and development stipend

• Daily meals in offices

• Meal delivery credits as eligible

• Relocation support for eligible employees

• Charitable donation matching

• Wellness stipends

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