Acquisitions Principal

Location: Houston or Mid-Atlantic Region


The Opportunity

Triten Real Estate Partners is a diversified private real estate investment and development company focused on opportunities across Texas. The company currently has over ~$1 billion of projects either in development or under management, and a robust pipeline of future growth opportunities. With offices in Dallas and Houston, the firm owns in eight markets across the country. The company is seeking to hire a principal to drive the growth of our $400mm ISF (“Industrial Services Facilities”) fund, with a concentration on acquisitions in the Mid-Atlantic market. The ISF fund was formed in 2020 with the intent of buying or developing assets catered to the trucking, logistics, or supply chain market. This includes terminals, drayage yards, drop lots, and freight facilities. More on the strategy can be found at tritenre-isf.com


The Culture

Triten Real Estate has grown tremendously in its eight years of existence, and the credit is entirely due to the talent that makes up the organization. Triten attributes its success to holding integral relationships in the market and providing a work environment where teamwork is essential. The Triten team carries a reputation of integrity, deep focus on research and accuracy, pride in our product, and humility in our approach. This reputation rings true in every facet of the company. Success at Triten comes with a lot of upward mobility and responsibility. If a person is looking to bet on themselves, work hard in a low ego environment with strong capital partners supporting us, their potential with Triten Real Estate is limitless.

The Role

The Principal will have primary responsibility for sourcing and closing investment opportunities in the mid-Atlantic region for Triten’s $400mm institutional Industrial Service Facilities (ISF) fund. This role will have exposure to new developments, value-add acquisitions, and work within close coordination with the COO, and the founder of Triten. A successful applicant will have strong experience in Mid-Atlantic industrial markets and expertise in both Argus Enterprise and Excel. The candidate will be a high potential individual with substantial opportunity to take on management roles as the company establishes a physical East Coast presence.

Responsibilities

Source new investment opportunities in major mid-Atlantic industrial markets utilizing existing relationships and Triten relationships

Manage the underwriting and due diligence of a robust pipeline, including collaboration with in-house analysts and third-party resources

Lead in negotiating contract and deal terms for new acquisitions as opportunities are sourced and pursued

Manage day-to-day travel schedule while operating remote from East Coast office base

Track and report pipeline status to internal stakeholders, investors, lenders, and joint ventures as needed

Qualifications

Bachelor’s degree from a top-tier university

3+ years of commercial real estate experience with direct acquisition experience in industrial markets in the Mid-Atlantic

Comprehensive understanding of physical property characteristics with mastery of regional profiles for tenant/end-user demand in transportation and logistics assets

High proficiency in Excel, Argus, and underwriting

Eagerness to achieve high-level results in a less structured, small team environment

Solution-oriented with a demonstrated ability to think strategically and add value

Strong written and verbal communication skills