VP, Structured Land Acquisition
CyrusOne
Dallas, TX, USA
Posted on Apr 11, 2025
The Vice President, Structured Site Acquisitions is responsible for developing and executing a comprehensive data center structured site acquisitions strategy to support the Company’s near and long-term growth and business objectives. The Vice President, Structured Site Acquisitions will be a key member of the Location and Power Strategy team. The Vice President will lead the strategy development and execution, in collaboration with a cross-functional team, including investments, power and land, design and construction, solutions engineering, sales, procurement, EHSS, tax and legal, of structure site acquisitions. The Vice President will provide strategic leadership to structured site acquisitions, through all stages of site acquisitions from development, approvals and execution, e.g., diligence, pre-development, entitlements, contract negotiations and the seamless handoff of the site to the design and construction team. The Vice President, Structured Site Acquisitions will also support the underwriting of sites and present deals to the Company’s management team, capital committee and sponsors.
Essential Functions
- Develops and implements CyrusOne’s structured site acquisitions strategy to support the growth objectives of the organization, aligned with CyrusOne’s investment objectives and goals.
- Manages relationships with internal and external organizations, government agencies, consultants, developers and real estate service providers that support the structured site acquisitions process.
- Identifies and evaluates opportunities to acquire land and related structured site acquisition opportunities in key markets to support the Company’s long-term growth objectives.
- Plans, executes, coordinates, and oversees all structured site acquisition activities from site identification, pre- development, entitlements, permits, tax incentives, underwriting, financing, and closing.
- Coordinates all financial, technical, and commercial initiatives to enable financing and closing
- Develops, documents, and clearly articulates the business case structured site acquisition, providing a solid understanding of overall risks, benefits, and expected financial returns, to gain support from all stakeholders for the execution of these projects, including presentations to the capital committee, any partners, and any applicable financing source.
- Leverages corporate and operational resources in acquisition activities and to support the financial close of a project; ensures that all commercial conditions are in place to meet underwriting assumptions and secure capital approval and any financing conditions; collaborates with the design and construction team to ensure a seamless transition into design and construction once financial close is achieved.
- Serves as liaison between the Location and Power Strategy Team and financial planning and analysis teams to ensure that the deal structure, economic and tax assumptions are properly analyzed by all relevant internal stakeholders
- Presents projects and deals to senior management, the Capital Committee and/or sponsors
- Develops and maintains relationships with industry contacts
- Closely follows the industry, competitor, and market activities that are supported by data, including competitive intelligence on market opportunities for new projects
Minimum Qualifications
- 10+ years of increasing responsibility in site selection, data center and/or industrial real estate development
- Previous applicable experience working in a commercial negotiation environment with excellent management, negotiation, and influencing skills
- Track record of success effectively managing projects and transactions, coaching, influencing and mentoring peers, and evaluating business activities and strategies to ensure successful implementation and revisions to strategy when necessary.
- Experience in power and energy projects is a plus
- Demonstrated ability to form and drive new market strategies
- Strong negotiation skills: ability to present points of view in an effective way, representing well the interests and position of the organization and gain support for ideas.
- Strong team approach: ability to work with different teams in the organization to ensure sound management of structured site acquisition opportunities from the identification process to the integration of new assets in the organization.
- Understanding of Cloud infrastructure and industry is a plus
- Excellent written and oral communications skills.
Education:
- Bachelor’s Degree in Business Administration, Real Estate, Law, Engineering or other related field (work experience may be substituted for degree); Preference for Master's degree in Real Estate, Business Management, or Finance
Work Requirements:
- Travel as required
CyrusOne is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.
CyrusOne provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act (ADA) and any other state or local laws. We will respond to requests for reasonable accommodations to assist you in applying for positions at CyrusOne, or to submit a resume.