What are the responsibilities and job description for the Director Acquisitions position at Steel Peak Properties?
Experience: 5 years in Real Estate Acquisitions
About Steel Peak
Steel Peak Properties is a rapidly growing real estate investment platform focused on acquiring and operating industrial outdoor storage (IOS) properties across the Western U.S. Our team combines institutional discipline with entrepreneurial execution, targeting high-conviction opportunities in compelling industrial markets such as Southern California, Phoenix, Denver, Salt Lake City, Las Vegas, and Seattle. We are on a mission to become the leading Industrial Outdoor Storage group in the Western United States and expand into key markets nationwide. Joining our acquisitions team now means getting in early as we build a meaningful and lasting company in the IOS space.
Position Overview
Steel Peak is seeking an Acquisitions Director to lead sourcing, underwriting, and execution of IOS acquisitions across multiple U.S. markets. This role requires a driven and relationship-oriented professional who can manage the full acquisition lifecycle from deal sourcing and broker engagement to underwriting, diligence, and leasing support. The ideal candidate has acquisition or brokerage experience in IOS or industrial, strong broker relationships, and the ability to operate both strategically and tactically within a fast-growing investment platform.
Key Responsibilities
- Source and evaluate IOS and low-coverage industrial opportunities across multiple markets
- Build and maintain relationships with brokers, owners, and local market players
- Underwrite acquisition opportunities, prepare and present IC memos
- Lead negotiations on deal terms, letters of intent, and purchase agreements in coordination with executive leadership and legal counsel
- Participate in leasing calls with brokers and collaborate with asset management on tenant negotiations
- Track market data, lease comps, sale comps, availabilities, and deal pipeline
- Report on pipeline activity and performance metrics to executive leadership
- Travel regularly to target markets for property tours, broker meetings, and on-the-ground market research
- Maintain accurate pipeline, deal, and relationship data within the company’s CRM to ensure visibility and accountability across the acquisitions team
Qualifications
- Bachelor’s degree in Business, Finance, Real Estate, or related field
- 5 years of experience in industrial real estate acquisitions or brokerage, preferably value-add, IOS or industrial-focused
- Established broker and owner relationships in Western U.S. industrial markets
- Strong underwriting and analytical skills, with experience using financial modeling tools
- Demonstrated ability to lead deals independently from sourcing to close
- Entrepreneurial mindset with excellent communication and relationship management skills
- Comfortable operating in a dynamic, high-growth environment
Why Steel Peak
- Join a high-growth platform dedicated to making a meaningful impact in the Industrial Outdoor Storage sector
- Work directly with executive leadership on portfolio-level decisions
- Competitive compensation, bonus potential, and benefits
- Opportunity to scale a large portfolio and grow within the company
Steel Peak Values
- Risk: Take risks but make sure that they are the right risks
- Growth: Do not fear failing but fear stagnation
- Honesty: Radical transparency
- Humility: No ego amigos
- Empowerment: To reach our highest potential personally and professionally
- Fun: We're here to make money and have fun and that’s in no particular order
To Apply
Please submit an online application at https://wkf.ms/4aPE6a9