Real Estate Operations Summer Intern
Link Logistics Real Estate (“Link”) is a leading operator of last-mile logistics real estate. Established by Blackstone in 2019, the company connects consumption, technology and the supply chain across its portfolio, which spans more than half a billion square feet. With more than 5 percent of U.S. GDP flowing through our spaces, we leverage our scale, proprietary data and insights, and foundational focus on sustainability to drive success for our customers’ businesses and deliver value for our stakeholders. Link Logistics strives to be the most equitable and inclusive industrial real estate company in the business. We put our people, customers and communities first and find ways to make a conscious, positive impact where we live and work, prioritizing diversity, equity and inclusion (DEI) across our workforce to deliver an optimal employee experience. Every day, we work to reinvent and lead our industry forward by thinking bigger and challenging the status quo.
Because we believe that good business must be synonymous with doing good, strong environmental, social and governance practices are foundational to our identity as a firm. These practices include setting ambitious goals to combat climate change, partnering with local nonprofits, and prioritizing internal diversity, equity and inclusion efforts.
Importantly, Link’s principles define how we operate. They unify and guide every decision, action and behavior within our organization and are the foundation upon which our culture is built. Each day at Link brings exciting opportunities to prioritize our customers, operate as one team, do the right thing, foster innovation, strive for enduring positive impact and deliver outcomes.
Link’s 10-week paid summer internship program is designed to help students gain valuable experience and develop business skills while learning the basics of commercial and industrial real estate. We offer internships in 15 departments including Capital Markets, Construction, Development, Financial Planning & Analysis, Investments, IT, Leasing, Property Management, Marketing and more.
Link is looking for actively enrolled juniors (rising seniors) who would be interested in a real estate internship on our Operations team this upcoming summer. Summer interns will work across the industrial spectrum and can expect to have close interaction with the broader operations team. Operations interns have the opportunity to work in one of the following groups:
Construction: Interns in Construction will work with our Construction Operations, Regional Construction/On-site Project Management, CAPEX FP&A, and all other Construction based teams. They will understand construction-related aspects of a large portfolio of industrial properties. The interns will be exposed to all manners of commercial real estate and will gain an overall understanding of total cost and schedule related to each construction project. The interns will be integrated with Construction Management software while interpreting, organizing, and tracking all construction data and documentation related to a job and maintaining constant communication between Project Managers, VP/SVP’s of Construction, ConOps Leaders, and various other LINK stakeholders.
Property Management: Property Management interns will combine customer service and analytical skills to support the property management team as they deliver high-level customer satisfaction. Interns will learn about property management and how our team oversees the health of our portfolio.
Lease Administration: Lease Administration interns will work with our Lease Administration department leadership to learn how to collaborate between departments to maintain the integrity of lease data points in our database and understand all aspects of the lease administration process, including reviewing reports and documents to ensure accurate data. They will have an opportunity to lead a project that will improve processes and efficiencies within the Lease Administration department while learning about the day-to-day execution of tasks related to Link’s lease portfolio. Interns will gain a basic understanding of commercial real estate Leases, which are the cornerstone contract of all real estate transactions.
Procurement: The Procurement Intern will be responsible for assisting the Procurement department with day-to-day administrative and processing activities. The Procurement department is responsible provides value-added services for all departments within Link, specific to procuring and managing projects from start to finish, and ensuring that the overall item(s) or project(s) are up to the standards of the firm. Procurement Interns are critical contributors to strategic sourcing, negotiating, inventory control, forecasting, etc. They will have direct influence over the millions of dollars’ worth of spend with Link’s vendors. The ideal candidate will have a strong academic background, a keen interest in procurement, and the ability to think strategically and analytically.
WHAT YOU WILL BRING:
Participate in organizing special projects including progress tracking and reporting.
Help to coordinate the preparation of presentations to senior management teams or third parties, as required.
Perform a variety of analyses, as assigned.
Develop relationships with both the operations and asset management teams, as well as internal support personnel, to help facilitate a streamlined, efficient operations function.
Support gathering analyze, interpret, and prepare operational data for reporting in a specified format.
Responsible for the collection, aggregation, export of data and input into the Yardi database.
Identify opportunities for process improvement.
Assist with AP (Accounts Payable) Coding, Work Orders, and Purchase Orders as needed.
YOU WILL LEARN:
About industrial real estate, property management, building solutions, lease administration, leasing, and construction
Key players and duties of the operations team including project managers, operations managers, and analysts
The complete process of securing a new tenant to contracting a project to payment for work
QUALIFICATIONS:
Current junior (rising senior) undergraduate student at an accredited four-year institution
Pursuing a degree in accounting, finance, real estate, economics, mathematics, business, civil engineering, or related field
Strong interest in commercial real estate asset management and investment (no formal experience required)
Basic understanding of real estate investment and financing processes including, but not limited to, market analysis, financial analysis, property valuation and capital markets
Exceptional knowledge of MS Word, PowerPoint, and Excel
Ability to prioritize and multi-task in a fast-paced environment
Excellent organizational skills and attention to detail
Excellent analytical and problem-solving skills
Excellent oral and written communication skills since interaction with senior level management will be required
Must be actively enrolled for consideration of internship
$30/hour represents the presently anticipated base compensation pay range for this position at Link. Actual pay may vary based on various factors, including but not limited to location and experience.