Job Description

Kitchell is seeking an experienced and dedicated Real Estate Development Associate to join us at our corporate headquarters in Phoenix, AZ and build a long-term career at one of the most innovative and growth-oriented Construction Services companies in the United States.

Overview

As a Commercial Real Estate Development Associate, you will work closely with our dynamic team and support the execution of commercial real estate projects across multiple asset classes, including industrial, self-storage, retail, and multi-family. Reporting to the Vice President of Development, this role will be actively involved in all phases of the development lifecycle from site acquisition and entitlements to design, construction, leasing, and initial property operations.

At Kitchell, we value more than just technical skillswe look for people who embody our core qualities. The ideal candidate is authentic, building trust through transparency and strong relationships; humble, open to feedback and grounded in collaboration; curious, with a learning mindset that drives innovation; creative, bringing fresh thinking and practical problem-solving to complex projects; and someone with gritresilient, driven, and committed to pushing through challenges to deliver meaningful outcomes.

If you're passionate about real estate development and looking to grow within a supportive, forward-thinking company, wed love to meet you!

Duties and Responsibilities

General

• Support the acquisition of new development opportunities and assist in the asset management of existing properties.
• Build and maintain productive, professional relationships with brokers, legal counsel, architects, engineers, contractors, leasing teams, property managers, and tenants across various asset classes.
• Contribute to business development efforts by participating in marketing meetings, joint-venture partner presentations, and presentations to secure new projects.
• Conducts research to gather and evaluate economic, demographic and real estate market data. Assembles and summarizes data and prepares reports of findings in support of development strategy and real estate initiatives, strategic studies and lease transactions.
• Participate in construction progress meetings (OAC) and assist with project updates to help ensure on-time and on-budget delivery.
• Represent the company at industry events and conferences to enhance visibility and support networking efforts.
• Performs other duties as assigned.

Company-Wide Projects

• Evaluate feasibility studies for prospective development opportunities.
• Review and track monthly project proformas to ensure accuracy and alignment with financial goals.
• Monitor monthly cost reports to identify variances and support budget oversight.
• Assist the Vice President with evaluating potential land acquisitions and analyzing the financial viability of proposedprojects.
• Collaborate with the Vice President and Director of Design and Construction on zoning and entitlement activities.
• Support the Vice President in the disposition of assets, including preparation and analysis for property sales.

Specific Projects

• Develop feasibility studies for all potential development projects.
• Prepare, maintain, and regularly update detailed project proformas to reflect current financial assumptions.
• Oversee and track overall project schedules to ensure alignment with key milestones and delivery timelines.
• Assist in the management of third-party leasing agents and day-to-day leasing activity.
• Prepare and review monthly leasing reports to monitor performance and tenant activity.
• Support the Vice President in selecting leasing agents and negotiating listing agreements and related contracts.
• Gather and summarize quarterly market data from brokerage firms to inform project and leasing strategies.
• Maintain organized databases of buyers, sellers, brokers, and joint-venture partners.

Education and Experience

Required

• Bachelors degree in Finance, Real Estate, Business, or a related field from a four-year accredited institution.
• 35 years of relevant, progressive experience in commercial real estate, with a developer, investment firm, or commercial brokerage.

Knowledge and Skills

• Strong understanding of the commercial real estate development industry, including market dynamics and industry relationships.
• Working knowledge of financial statements, investments and/or taxes required; and prior IRR, NPV, budget preparation, scenario analysis/proformas experience.
• Proficient in Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint.
• Excellent verbal and written communication skills, with the ability to build and maintain effective professional relationships.
• Skilled in negotiation and adept at navigating complex business and real estate transactions.
• Demonstrated ability to handle confidential information with discretion and respond appropriately to sensitive issues.
• Proven strengths in initiative, strategic thinking, effective communication, and an entrepreneurial mindset with the ability to formulate appropriate recommendations.
• Detail-oriented with the ability to manage multiple projects and meet competing deadlines.

Work Environment

• This position is primarily performed in a general, climate-controlled office environment.

Physical Requirements

• Regular use of standard office equipment, including computers, phones, printers, copiers, and filing systems.

Travel Requirements

• Occasional travel may be required.
• Valid Motor Vehicle Record with no restrictions or suspensions.
• Ability to drive a motorized vehicle.

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