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VP, Real Estate Development

Company: OUTFRONT Media
Location: Berkeley
Posted on: September 12, 2020

Job Description:

OUTFRONT Media (“OUTFRONT”) manages over 400,000 individual advertising sites, many of which are the most iconic and valuable advertising locations within the US and Canada. OUTFRONT’s strength is a balance of real estate assets and its expertise in location-based advertising sales. The advertising “value” at each of these locations is derived from local and national brands’ desire to reach audiences with their specific messaging.

OUTFRONT owns and manages properties on behalf of real estate partners. These partner relationships can take several forms but are principally either long-term leases or, to a lesser extent, sales representation agreements. OUTFRONT’s relationships with site owners must be maintained in a customer-centric focus. These relationships will evolve over time as OUTFRONT utilizes additional technology and provides its partners with new revenue opportunities. It is equally important that OUTFRONT grow its asset base by finding additional strategic locations and forming new relationships with real estate owners.

OUTFRONT is creating a group that is explicitly focused on developing new and upgrading existing signage assets.

Position Summary

Reporting to the Executive Vice President of Real Estate, the VP Real Estate Development will be responsible for signage development efforts focusing primarily on securing new locations and upgrading existing sites (conversion of static displays to digital). The VP Real Estate Development will work collaboratively on a team led by the SVP Real Estate Development. The position will also manage OUTFRONT’s key strategic property-owner partner relationships with whom a substantial number of existing site agreements reside, and new opportunities are potentially created. This responsibility is distinct from the company’s ongoing asset management efforts around its many thousands of existing site arrangements.

Key Responsibilities

Execute on strategic priorities for the targeting of markets/sites based upon their potential advertising value.

Develop new sites in Top 25 DMA Markets (NFL Cities), markets that compliment National Ad sales and achieve OUTFRONT’s ROI hurdles, and sites that can take advantage of an expanding product set (including cellular, digital displays, WiFi and Data & Audience Analytics.

Responsible for development and execution of strategic growth plan.

Manage and work in a highly collaborative team environment including both real estate development and existing real estate asset management teams. Establish new relationships and continue to expand on existing relationships with company partners, key developer and landlords.

Lead the conversion of the existing development pipeline that exists in each market

Provide direction and lead new development projects

Required Skills/Experience

Bachelor’s degree or equivalent; master’s degree in business or related a plus

10+ years of real estate development experience

Strong analytical and negotiating skills

Proficiency in analyzing financial models

Key deal-making experience including, but not limited to purchases, partnerships, representation, and operational agreements

Experience with zoning and permitting, and political or lobbying experience with an understanding of local municipal code and state regulatory issues affecting the out-of-home advertising industry.

Strong presentation skills with ability to represent OUTFRONT with large real estate developers, municipalities and small property owners.

Proficiency in developing and delivering proposals, presentations, and other customer-facing deliverables.

Strong organizational, communication and team-building skills

Excellent project management and issue resolution capabilities

To all Recruitment Agencies: OUTFRONT Media LLC does not accept agency and unsolicited resumes. Please do not forward resumes to our OUTFRONT Media employees or any other company location . OUTFRONT Media is not responsible for any fees related to unsolicited resumes.

OUTFRONT Media Is An Equal Opportunity Employer

All applicants shall receive equal consideration without regard to race, color, religion, gender, marital status, gender identity or expression, sexual orientation, national origin, age, veteran status or disability. Please refer to the OUTFRONT Media Affirmative Action policy statement.

Posted 30+ Days Ago

Full time

R-001537

About Us ???OUTFRONT gets audiences are everything for

brands??.

We provide a platform that connect brands to their target audiences, as they live their lives. We are famous for the unrivaled impact and creativity of our medium. We champion the power of the largest canvases across North America to grow advertisers’ businesses through driving engagement, fame, and trust.

And we do it where it matters.?

????We are everywhere. We empower smart brands to take advantage of our ubiquity across 400,000 canvases, our national footprint across 25 top markets, and targeted relevance that can be achieved through our local dominance.

We are front and center in the places where people live, work, and travel; from urban centers, to busy highways, to transit hubs, to neighborhoods.???

We provide the permanent in a media landscape overwrought with the transient. The IRL to fuel the URL. The confluence of, and flexibility between, screens. Truth, trust, and visibility.

We are Intelligent OOH. We leverage new technology to make OOH more relevant, responsive, and rewarding to make your existing digital investments work harder.

Keywords: OUTFRONT Media, Berkeley , VP, Real Estate Development, Other , Berkeley, California

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