Market Officer - Industrial Real Estate Acquisitions and Development (Midwest)
Job Description
EMPLOYMENT OPPORTUNITIES
Interested in joining Provident?
We’re always looking to connect with bold thinkers, builders, and doers who thrive in dynamic environments and see opportunity where others see obstacles. If you’re energized by ownership, collaboration, and values-driven execution, we want to hear from you.
Even if you don’t see a role that fits just yet, submit your application here, and we’ll keep you in mind as new opportunities arise.
ABOUT US
Provident is driven by a mission to create lasting impact through responsible development. Since its formation in 1991, Provident has developed or invested in more than $6 billion worth of real estate projects across the nation. Under the leadership of Leon Backes, Provident is in constant pursuit of flexibility, innovation, and professionalism in its operations and investments. By maintaining a streamlined decision-making process, Provident is able to capitalize on fast-moving opportunities and rapidly adjust to dynamic market forces.
We are currently focused in 5 core platforms - Master Planned Communities, Data Centers, Hospitality, Industrial, and Multi-family - while also pursuing opportunities in Mixed‑Use, Retail, and RV Parks.
CULTURE
Fostering Collaboration, Creativity, and Empowerment
Our culture reflects a close-knit team environment where relationships matter, initiative is encouraged, and every voice contributes to our collective success. Our office thrives on a people-centered culture where teamwork, individuality, and growth matter, and having fun is just part of the daily routine. Rooted in integrity and long-term thinking, we foster a sense of purpose, belonging, and pride in the work we do and the communities we help shape. Through thoughtful development and meaningful partnerships, we aim to enhance the quality of life in every community we touch.
MISSION STATEMENT
Provident is committed to crafting high-quality assets that fulfill the diverse needs of growing communities. We foster resident and employee well-being while maximizing returns through responsible development and a focus on creating a positive social impact. By placing people at the center of everything we do, Provident takes pride in serving our stakeholders with excellence and integrity.
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INTEGRITY - We honor our commitments, maintain transparency in our communications, and hold ourselves to the highest ethical standards in every decision we make.
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ADAPTABILITY - We embrace challenges and thrive in dynamic environments to successfully navigate a wide-ranging portfolio.
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DEPENDABILITY - We consistently deliver high-quality work, exceeding expectations and achieving exceptional risk-adjusted results.
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COLLABORATION - We promote a culture of open communication, collaboration, and mutual respect, recognizing the value of every contribution to our success.
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ENTREPRENEURIAL SPIRIT - We foster initiative, embrace new ideas, and inspire our team to think and act creatively.
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EMPOWERED CULTURE - We cultivate a supportive environment where team members take ownership and contribute their expertise, driving innovation and excellence throughout development.
Company Overview
Provident Industrial, a division of Provident Realty Advisors, is a rapidly expanding real estate development platform specializing in high-quality logistics and warehouse facilities. Since 2023, the company has successfully executed over $650 million in industrial developments across the Sunbelt. With a robust capital foundation and a tenant-focused strategic approach, Provident Industrial is committed to delivering best-in-class projects.
Position Overview
The Market Officer will be based in the greater Chicago area and responsible for spearheading and executing Provident Industrial’s initiatives within the Midwest market, targeting projects in Illinois, Indiana, Ohio, and Minnesota. This role will serve as the primary representative of the company in the region, overseeing all aspects of development, acquisitions, asset management, leasing, and dispositions.
The ideal candidate will own and manage projects from inception through disposition, requiring deep expertise in financial modeling, deal structuring, construction and development, and capital markets to drive successful projects from inception to completion. The Market Officer will report to the Managing Director, playing a pivotal role in expanding Provident Industrial’s presence in the Midwest region.
Market Leadership & Strategy
- Lead and manage the Midwest market, overseeing personnel and strategic growth initiatives for the market.
- Develop and implement the business and investment strategy for the Midwest market.
- Identify, evaluate, and execute new development and acquisition opportunities.
- Build and maintain the Provident brand with brokers, consultants, and industry professionals.
- Identify and pursue new development opportunities, ensuring alignment with Provident Industrial’s strategic goals.
- Cultivate and maintain strong relationships with brokers, property owners, and industry stakeholders to generate deal flow.
- Conduct market research and feasibility studies to assess the viability of potential acquisitions and development sites.
- Drive deal negotiations, underwriting, and transaction execution to secure high-value industrial real estate projects.
- Manage the entitlement, permitting, and construction processes for all industrial projects in the region.
- Collaborate with contractors, architects, engineers, and consultants to ensure projects are delivered on time and within budget.
- Continuously assess and mitigate risks throughout the development and construction lifecycle.
- Oversee and implement leasing strategies to maximize occupancy and rental revenue.
- Foster strong relationships with tenants and property management teams to ensure a seamless operational experience.
- Execute and oversee the asset management plan, optimizing financial performance and property value.
- Develop and execute exit strategies, ensuring assets are positioned for successful sale.
- Engage with brokers and investors to attract interest and competitive bidding.
- Negotiate transaction terms to achieve underwritten financial returns.
- Oversee the closing process, ensuring smooth and efficient execution of transactions.
- 7-10+ years of experience in industrial real estate (development and/or acquisitions preferred).
- Proven ability to source, underwrite, and execute industrial development projects.
- Understanding of the development process, including zoning, entitlements, permitting, and construction.
- Experience and understanding working with complex capital structures, financial modeling, deal structuring, and negotiation.
- Established network of brokers, developers, and industry professionals in the Midwest market.
- Strong negotiation and transaction management skills.
- Bachelor’s degree in Real Estate, Finance, Business, or a related field (MBA or Master’s in Real Estate is a plus).
- Entrepreneurial mindset with the ability to build, lead, expand, and manage a regional market.
- Strong analytical and problem-solving skills, with a results-driven approach.
- Excellent written and verbal communication skills, with the ability to present effectively to investors, partners, and public stakeholders.
- Ability to work independently, managing multiple high-priority projects simultaneously.
- Relentless drive for mastering the craft, demonstrating a curiosity and commitment to deepening expertise in industrial real estate development.
- Industry-leading platform with strong financial backing.
- Opportunity to lead, shape, and grow a major regional market with significant autonomy.
- Competitive compensation package, including performance-based incentives.
- Collaborative, high-performance culture that values innovation and entrepreneurial thinking.
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Equal Opportunity Employer Statement
We are an equal opportunity employer and are committed to fostering a diverse and inclusive workplace. We consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, or any other legally protected status.
Reasonable Accommodation
If you require a reasonable accommodation to complete any part of the application process or to perform the essential functions of the position, please contact us and let us know the nature of your request.
Recruitment Fraud Notice
Please be aware of recruitment scams. We will never request personal financial information or payment at any stage of the hiring process. All legitimate communication will come from an official company email address.