San Diego, California, United States · On-site
$200k–$275k/yr
COMPANY OVERVIEW Westcore is a fully-integrated commercial real estate investment company with institutional scale and capabilities that operates with the speed and adaptability of opportunistic entrepreneurs. Westcore h…
Skills: Real Estate Acquisitions, Financial Underwriting, Deal Sourcing, Contract Negotiation, Market Analysis
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The VP of Acquisitions serves as the market lead for the Mid-Atlantic, Northeast, and Southeast, focusing on identifying and executing industrial property investments. This includes sourcing deals, managing underwriting, and leading negotiations from origination through closing.
The candidate must be an experienced dealmaker with strong market knowledge and the ability to manage complex real estate transactions. They should possess a builder mindset and the ability to collaborate cross-functionally to translate business context into actionable data.
Westcore is a fully-integrated commercial real estate investment company with institutional scale and capabilities that operates with the speed and adaptability of opportunistic entrepreneurs. Westcore has a dynamic track record of real estate investing going back to its founding in 2000. We focus on well-located industrial properties in the United States. We are a vertically integrated company with expertise in all facets of real estate investment management: acquisitions, finance, asset management, leasing, construction, and building operations.
To better support our Acquisitions Department and the anticipated doubling of our portfolio over the next few years, Westcore is looking for an experienced Vice President of Acquisitions.
POSITION SUMMARY
Market Lead responsible for identifying, evaluating, and executing new industrial property investments throughout the Mid-Atlantic,
Northeast, and Southeast. This position plays a key role in sourcing, touring, underwriting, and closing real estate
acquisitions, while also supporting financing, equity placement, and disposition activities. VP will be a proactive dealmaker
with strong market knowledge and the ability to manage transactions from origination through close.
CORE ROLES & RESPONSIBILITIES:
• Act as market lead for assigned territories, maintaining up-to-date knowledge of market trends through regular
property tours, broker engagement, and analysis of research materials.
• Develop and grow key brokerage relationships throughout VP’s respective markets and attend industrial
brokerage and industry functions on a regular basis. Including but not limited to NAIOP, SIOR, ULI, Investor
Symposiums and Capital Markets events.
• Identify, source, and qualify new acquisition opportunities in both core and emerging markets.
• Lead negotiation of purchase and sale agreements in collaboration with internal legal teams and external counsel.
• Oversee the development of Investment Committee materials and present all sourced acquisitions to Investment
Committee.
• Oversee financial underwriting in partnership with San Diego-based Analysts, including setting leasing
assumptions and evaluating capital requirements with support from the Construction team.
PRIMARY DUTIES: (The below list is not comprehensive, and priorities will change on a day to day basis)
• Prepare and submit acquisition offers; negotiate directly with brokers and sellers.
• Actively participate in the due diligence process alongside the Transaction Management team.
• Develop and maintain strong relationships with brokers, sellers, and industry stakeholders to generate deal flow.
• Support debt placement efforts for new acquisitions in coordination with internal and external capital partners.
• Post-acquisition, collaborate with Leasing Leads to provide market feedback and strategic input on lease-up activity.
CORE COMPETENCIES:
MISSION
Utilize our expertise and experience to recognize market inefficiencies, quickly deploy capital and talent to act on opportunities, deliver superior outcomes to stakeholders, and strive for excellence in everything we do.
CORE VALUES
Westcore values its employees and works to create an environment where professional and personal growth can be achieved. We look for motivated individuals who share our commitment to excellence. Our employees are supported by an environment where mentoring is encouraged, and where tools and resources to succeed are readily available. Our company lives by its values, treating each other with respect and consideration at all times.
A fully integrated, entrepreneurial commercial real estate investment firm with institutional scale and capabilities.
Founded in 2000, Westcore is a fully integrated industrial real estate investment company with institutional scale and capabilities that operates with speed, agility and adaptability. Since its founding, Westcore has acquired, managed and sold more than $14 billion in assets, comprised of more than 1,750 buildings and totaling over 150 million square feet. In addition to its U.S. headquarters in San Diego, Westcore has regional offices in Oakland and Dallas.
Offices: 4350 La Jolla Village Drive, Suite 900, San Diego, CA 92122, US
A fully integrated, entrepreneurial commercial real estate investment firm with institutional scale and capabilities.
Founded in 2000, Westcore is a fully integrated industrial real estate investment company with institutional scale and capabilities that operates with speed, agility and adaptability. Since its founding, Westcore has acquired, managed and sold more than $14 billion in assets, comprised of more than 1,750 buildings and totaling over 150 million square feet. In addition to its U.S. headquarters in San Diego, Westcore has regional offices in Oakland and Dallas.
Offices: 4350 La Jolla Village Drive, Suite 900, San Diego, CA 92122, US
