Associate, Real Estate

Build Your Career. Build America’s Future.

Vulcan Materials Company is the nation’s largest producer of construction aggregates and a major producer of aggregates-based construction materials, including asphalt and ready-mixed concrete. It’s also large landholder that owns or controls over 500 sites and over 300,000 acres across 22 states. When you join Vulcan, it’s more than starting an exciting career – you get to make a difference for millions of people every day across the country.

When you join Vulcan, you join a dynamic culture in which career development is encouraged, excellence is rewarded, and diversity is valued. No matter the role or the location across the country, every member of the Vulcan team lives through the Vulcan Way: doing the right thing, the right way, at the right time.

Real Estate Associate

What to Expect:

We are hiring an Associate to join our newly formed Real Estate Team. As an Associate, you will help the real estate group determine the highest and best use of its land assets. The successful candidate will work closely with the VP – Head of Real Estate to evaluate Vulcan’s land holdings on a national scale and help determine the best strategy which could involve licensing, leasing, entitlement, development, Joint Venture or other creative options to maximize value.

What You’ll Do:

• Interface directly and maintain positive relationships with Vulcan regional teams and external partners including land use attorneys, civil engineers, commercial tenants, leasing brokers, and all other third-party consulting relationships.
• Evaluate revenue opportunities, including development, leasing or licensing land.
• Coordinate financial work product, including development underwriting, due diligence, leasing, reporting, operating and capital budgets.
• Critically analyze broker and development LOI’s and pro formas. Review and communicate all analysis through the real estate group, accounting, and finance teams.
• Work with external venture partners and internal staff to oversee property-level reporting and management decisions. Provide regular reporting to the Senior Leadership team.
• Ability to negotiate and/or review venture partner recommendations on various legal documents, including transactional, leasing, risk management, and/or loan agreements.
• Create memos for presentations to the Senior Leadership Team, Board of Directors and others.
• Coordinate, manage, and be prepared to lead internal meetings.
• Review internal and external budget reports for accuracy and compare them with budgets.

• Review monthly capital calls, loan draw packages and lender / investor reports.

• Identify potential risks, develop mitigation strategies, and recommend key decisions for all development projects.

Skills You'll Need:

• Bachelor’s/Undergraduate degree required plus 3-5 years of real estate experience. MS or MBA is a plus. Strong preference given to candidates with a background in real estate, finance and/or accounting.

• Demonstrates interest in and knowledge of development fundamentals including the process, the pro-forma, design, financing, permitting, construction, and project management

• Experience in the real estate industry working with companies that lease, develop and/or own Class A commercial real estate.

• Experience with industrial, commercial, and/or mixed-use ground-up development projects.

• Comfort with financial models and reading technical documents, including environmental reports, engineering plans, contracts, surveys, appraisals, geotechnical reports, loan documents, etc.

• High attention to detail with excellent judgment.

• Ability to thrive in an entrepreneurial, hands-on, creative environment. Passion for leading others and setting high standards for oneself and the organization.

• Outstanding communication skills. Ability to interact with people at a variety of responsibility levels inside and outside of the organization.

• Ability to successfully lead, manage, and motivate multi-disciplinary teams internally and externally.

• Interpersonal Skills. Requires sound thought and judgment in reviewing contractual agreements and maintaining confidentiality of files. Must have excellent interpersonal skills and the ability to work closely with executives and hourly employees alike. Must have the ability to demonstrate a high level of professionalism and executive presence.

• Technology Skills. Proficient computer skills and experience using Microsoft Office Suite (Word, Excel, PowerPoint) and GSuite (Google Mail, Docs, etc.) & experience with Argus Enterprise.

• Frequent Travel Required.

What You’ll Like About Us:

Great Company Culture. Vulcan Materials Company is named one of the top 200 Best Companies to Work For by U.S. News and World Report and included in the 2023 Fortune 500 list of U.S. companies. Our people share a competitive drive for excellence in an environment of trust, teamwork, open-mindedness, and communication.

Safe. Industry leader in health and safety standards. We are committed to creating a safe work environment and protecting all employees and customers.

Meaningful Work. What sets us apart is the work we do impacts daily lives – and every employee contributes. Our aggregates produced are used to build roads, schools, hospitals, airports, and housing throughout the United States.

Rest and Relaxation. Paid vacation, personal floating days, and paid holidays.

Training and Development. We see our development programs and helping our employees meet their goals as a key part of our business.

Vulcan Materials Company is committed to employing a diverse workforce. You will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status, or disability. You also have the right to be free from discrimination for medical needs arising from pregnancy, childbirth, or related medical conditions.