Vice President, Assistant General Counsel, Real Estate at Public Storage

Frisco, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

29 Apr, 26

Salary

0.0

Posted On

29 Jan, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Real Estate Transactions, Development, Construction, Commercial Leasing, Negotiation, Due Diligence, Team Management, Land Acquisition, Joint Ventures, Entitlement Processes, Land Use Disputes, Contract Drafting, Legal Spend Analysis, Technology Implementation, Stakeholder Collaboration, Regulatory Compliance

Industry

Real Estate

Description

Company Description Since opening our first self-storage facility in 1972, Public Storage has grown to become the largest owner and operator of self-storage facilities in the world. With thousands of locations across the U.S. and Europe, and more than 170 million net rentable square feet of real estate, we're also one of the largest landlords. We've been recognized as A Great Place to Work by the Great Place to Work Institute. And, our employees have also voted us as having Best Career Growth, ranked us in the Top 5% for Work Culture, and in the Top 10% for Diversity and Inclusion. We're a member of the S&P 500 and FT Global 500. Our common and preferred stocks trade on the New York Stock Exchange. Public Storage is the nation’s leading self-storage provider, recognized for its iconic orange doors and commitment to delivering simple, reliable solutions to millions of customers across the country. We are expanding our creative team to enhance our consistent and engaging visual brand presence. Job Description The Vice President, Assistant General Counsel (Real Estate) will partner with the real estate legal team members and other internal and external stakeholders to manage matters related to the company’s real estate activities, with a primary focus on real estate transactions, development, construction, commercial leasing and other general real estate functions. The role requires both hands-on legal skills and the ability to develop and manage high performing teams. Key responsibilities will include: Manage real estate acquisitions for storage facility and development deals, including: (a) negotiate purchase and sale agreements from letter of intent through execution, (b) perform and supervise due diligence activities, including title, survey, zoning, and environmental diligence, (c) develop and implement practical solutions to issues raised during due diligence in consultation with the business team, (d) oversee the closing process, and (e) work with the relevant business teams to assist in the transition of property ownership and management. Must be able to handle large volume of single site and large portfolio deals at same time. Prepare and negotiate a wide range of real estate documents (purchase and sale agreements, joint venture agreements, development agreements, hold-back agreements, easements, CC&Rs, construction contracts, leases, access agreements, subordination and non-disturbance agreements, vendor and service provider contracts, etc.) Partner with the development team on all development activities, including: (a) land acquisitions, new development and redevelopment, (b) development joint ventures, (c) due diligence, (b) document review and negotiation, (c) entitlement processes, (d) land use issues and disputes, and (e) construction, design and permitting matters Partner with the commercial leasing team on cell tower, wireless, billboard, retail, solar, battery and ground leasing activities Build, develop and mentor internal and external teams to prepare the company for high growth Manage and resolve real estate issues arising from the ownership and operation of our facilities, including (a) neighbor questions/disputes about property boundaries, (b) shared drainage and maintenance issues; (c) access and easement issues; and (d) other general real estate matters Work with state and local agencies, utility companies and other governmental or quasi-governmental bodies to evaluate and resolve condemnation claims and easement requests Manage routine environmental matters affecting the company Manage and oversee the efficient use of outside counsel in connection with the foregoing activities Track, manage and analyze internal data on legal spend; design and implement measures to control and reduce costs Evaluate and implement technology tools for efficient management of legal activities; forward focus on potential use of AI to assist with high volume activities Monthly, quarterly and annual reporting to senior management regarding team activity, team results and outside counsel spend; create and present materials and reports using PowerPoint and similar tools Qualifications Experience in a high-volume, fast paced transaction environment is required Experience with national footprint, multiple jurisdictions and large portfolio transactions is highly desired Strong academic credentials and 12+ years of combined relevant law firm and in-house experience; real estate and transaction focused in-house experience required Business-minded real estate lawyer, a strong and decisive negotiator Efficient multi-tasker with strong organizational skills who works well under pressure Current member in good standing with a state Bar and ability to secure a registered in-house counsel license in Texas is required Proven track record in team management and leadership; demonstrated success in developing and mentoring high performing teams Excellent interpersonal, oral and written communication skills Superior subject-matter expertise in all areas of real estate with keen focus on transactions and development Ability to effectively and efficiently manage internal and external support (attorneys, paralegals, consultants, etc.) High level of discretion, maturity and ethical integrity Process-minded - respect for existing processes but always with an eye toward identifying efficiencies and refinements Ability to coordinate and collaborate across business units Results-oriented Ability to adapt to changing organizational needs and business environments Advanced proficiency in technology tools, including AI, Microsoft Word, Excel and PowerPoint, and legal billing software Additional Information Workplace One of our values pillars is to work as OneTeam and we believe that there is no replacement for in-person collaboration but understand the value of some flexibility. Public Storage teammates are expected to work in the office five days each week with the option to take up to three flexible remote days per month. Public Storage is an equal opportunity employer and embraces diversity. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status. All qualified candidates are encouraged to apply. **Sponsorship for Work Authorization is not available for this posting. Candidates must be authorized to work in the U.S. without requiring sponsorship now or in the future.** REF3706D

Responsibilities

This role involves managing legal matters related to the company’s real estate activities, focusing primarily on transactions, development, construction, and commercial leasing, while also developing and managing high-performing legal teams. Key duties include overseeing real estate acquisitions, negotiating various real estate documents, partnering with development and leasing teams, and resolving operational real estate issues.