Real Estate Analyst

The role

The Real Estate Analyst will help build and run the company's physical footprint. This role involves scoping sites, sourcing and executing warehouse launches, building underwriting models, and negotiating leases.

What you will do

• Scope new sites with internal teams regarding footprint, power, and requirements
• Source and execute distribution warehouse launches from site selection to certificate of occupancy
• Build underwriting for deals including rent, opex, and yield on cost
• Build lease versus own and build-to-suit comparisons for larger projects
• Redline and negotiate LOIs, leases, and amendments
• Evaluate state and local incentives
• Flag facilities running out of room to stay ahead of expansion
• Partner with deployments to produce utilization metrics to right-size the network
• Build the internal motion for real estate sourcing
• Maintain the system of record for the portfolio

Required qualifications

• 2–5 years in real estate, corporate development, investment banking, private equity, or an in-house real estate function
• Strong Excel
• Comfort reading a lease and forming a view on what is worth pushing on and what is market
• Ability to work with operations teams to determine building needs
• Project management instincts
• Ability to build processes from manual workflows
• Ability to adapt quickly between different tasks

About the company

Base is America’s next-generation power company rebuilding the electricity foundation by deploying a network of distributed batteries. The Infrastructure & Development team manages capital construction projects including factory renovation, new factory construction, and office headquarters development.