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Port of Seattle · 3 hours ago

Real Estate Development Associate

Downtown Seattle

Full-time

Hybrid

Mid Level

$118K/yr - $160K/yr

4+ years exp

The Port of Seattle is a leader in moving people and cargo across the country and around the world, and they are seeking a Real Estate Development Associate. This role involves executing real estate development plans, conducting feasibility assessments, and managing negotiations for real estate transactions while ensuring compliance with legal and environmental standards.

TransportationTravel

Growth Opportunities

No H1B

Responsibilities

Provide essential work in the execution of real estate development plans, feasibility assessments and negotiated real estate transactions

Oversee coordination of feasibility assessments, provide guidance to partners and contractors, and support the department’s overall due diligence efforts for real estate development projects, while providing accurate reports and other communications to stakeholders about project objectives and progress

Work with real estate attorneys in the preparation of initial drafts of transactional documents such as easements, leases, and sales agreements

Coordinate with the Port’s Legal Department and outside counsel in the finalization of transactional documents

Provide oversight and technical guidance to maintain progress on evaluating the feasibility of real estate development project plans, including relevant permitting processes, legal requirements and Port policies and objectives

Maintain and update project timelines, milestones, and task lists, ensuring that projects remain on track

Participate in team meetings, contributing ideas and proposing solutions to challenges, while collaborating closely with department leadership to ensure strategic and project goals are met

Draft and finalize reports and presentations on the objectives of individual projects and larger strategies of the Real Estate Development Division for internal stakeholders and Port leadership

Provide project progress reports and summaries, ensuring that all project-related information is accurately recorded and easily accessible to a wide audience

Prepare and maintain project files and databases related to site studies, feasibility analyses, environmental reviews, and other development documentation, ensuring compliance with applicable policies and procedures

Assist with the creation and review of Request for Proposals and contractor proposals, as needed

Produce market studies, property valuations, and financial projections to support project feasibility studies and investment strategies

Independently compile and analyze relevant data, ensuring accuracy and providing senior staff with actionable insights to inform decision-making

Assist in preparing presentations, briefings, and communication materials for internal and external meetings, including with partners, local municipalities, and public agencies

Proactively support internal and external stakeholder relationships, ensuring timely and effective communication, and escalate complex issues to senior staff as needed

Ensure all project expenses are accurately recorded and managed within approved limits

Prepare budget updates, identify potential cost savings, and ensure proper financial reporting for all projects

Qualification

Real Estate DevelopmentUrban PlanningFinancial ProjectionsLegal AgreementsMicrosoft Office SuiteGIS SystemsCommunication SkillsOrganizational Skills

Required

Four (4) years of experience in Real Estate Development, Urban Planning, corporate real estate acquisition, corporate real estate management, institutional real estate management or institutional real estate acquisition, or legal industry support of real estate acquisition

Two (2) years of experience supporting real estate transactions or title administration within a law or financial organization

Expertise in real estate development, transactions, urban planning, and business operations

Understanding of legal agreements, laws, and regulations governing real estate, including zoning, SEPA, land use, and environmental, economic, transportation, and community development standards

Familiarity with development planning, finance, and the full transaction process (from title and escrow to taxation, expense proration, and title insurance)

Understanding of the nuances of working with local governments, municipalities, and private entities

Excellent communication skills, both written and verbal

Strong organizational skills and attention to detail

Ability to manage multiple tasks and deadlines simultaneously

Proficient computer skills including the use of Microsoft Office Suite applications (Word, Excel, Outlook, Access and PowerPoint)

Knowledge of GIS systems and technologies

Ability to apply equity and exemplify shared values, behaviors, and practices in all aspects of the work

Ability to prepare and maintain project files and databases related to site studies, feasibility analyses, environmental reviews, and other development documentation

Preferred

Experience with legal/law coursework

Benefits

Healthcare – Medical, Dental, and Vision Care with options that work for you and your family.

Paid Vacation – Just about four weeks per year that increases with tenure to rest and rejuvenate.

Paid Sick Leave – At least one hour of sick leave for every 40 hours worked.

Holidays – More than ten days per year to celebrate with family and friends away from work.

Pension/Retirement Plans – A pension and additional savings plans to prepare for your future after the Port.

Getting to Work – From subsidized parking and a low-cost public transit card to alternative work arrangements giving you an opportunity to work hybrid.

Parental Leave – Six weeks of paid leave to spend with new additions to your immediate family.

Development – From tuition reimbursement, training, stretch assignments and internal internships, we support a learning culture.

Equity, Diversity, and Inclusion – The Port of Seattle values diversity as a source of innovation and strength. We are actively working across the organization to create a culture where all employees – regardless of race, gender, and other identities – succeed and reach their fullest potential.

Work-Life Balance – We provide the resources to help you create habits to be healthy and balanced.

Mission Driven – We are focused together in promoting economic opportunities and quality of life in the region by advancing trade, travel, commerce, and job creation in an equitable, accountable, and environmentally responsible manner.