Investment Analyst Program (IAP) 2027

About the Role

The Investment Analyst Program (IAP) is a rigorous two-year foundational training program for emerging real estate investment leaders at Prologis. Participants will be immersed in the entire development and transaction lifecycle, including acquisition, development, and financing strategies.

• Program duration: Two years
• Location: San Francisco, California or New York, New York
• Presence: Full-time, in-office required. Ultimate location placement is dependent on program needs.
• Flexibility to relocate is an essential requirement.
• Continuation of employment after the program is not guaranteed.

Key Responsibilities

• Build discounted cash flow models to analyze returns for potential acquisitions.
• Create pro forma models for potential built-to-suit or speculative development projects.
• Work with Investment Officers to prepare investment memos for senior management and Investment Committee.
• Compile and maintain sales comparable databases for various regions.
• Prepare and maintain base-case pro forma models for the existing land bank.
• Maintain and monitor regional deployment pipelines in Salesforce.
• Develop relationships with brokers, architects, contractors, and engineers.
• Collaborate with cross-functional teams.
• Participate in select global projects and strategic initiatives.

Requirements & Tech Stack

• Bachelor’s degree, preferably in Real Estate, Business, Finance, or an adjacent field.
• 0–2 years of full-time work experience. Minimum requirements include relevant skills gained through undergraduate internships and/or volunteer opportunities in Business, Real Estate, or Finance.
• Superior analytical thinking, attention to detail, and problem-solving capability.
• Superior interpersonal and leadership skills, including high self-awareness, humility, and a growth mindset.
• Demonstrated ability to navigate ambiguity and manage complexity.
• Ability to understand primary real estate market economics (market demand/supply, vacancy, absorption, micro/macroeconomic issues affecting properties).
• Demonstrated emotional intelligence and ability to build strong relationships.
• Advanced Microsoft Excel skills.
• Willingness and capability to leverage emerging technology, automation, and AI tools.
• Exercises sound judgment, creative thinking, and accountability.
• Exposure to Argus is a plus.
• Must be authorized to work in the United States without employer sponsorship.

Compensation

• Hiring Salary: $100,000 plus relocation support if applicable.
• Salary and total compensation will be determined by candidate's location, education, experience, knowledge, skills, and abilities, internal equity, and market data.