The Due Diligence Associate is a key operational role within the Pre-Construction Team, responsible for assisting in the technical and legal vetting of potential real estate assets. This role focuses on the hands-on identification of site constraints, utility requirements, and regulatory hurdles for properties targeted for lease and tenant build-out. The Associate ensures that all site-specific data is accurately captured and organized to de-risk the transition from site selection to active construction.
Core Responsibilities
- Site Inspections: Coordinate with outside consultants to perform rigorous physical assessments of potential sites, documenting structural conditions, MEP (Mechanical, Electrical, Plumbing) capacities, and existing utility infrastructure.
- Data Synthesis: Consolidate field findings and technical data into preliminary feasibility reports, identifying potential "red flags," cost drivers, or schedule risks for review by the Due Diligence Team Lead.
- Prototype Alignment: Coordinate with the Transaction Management team and Architectural Design Manager to verify "as-is" site conditions meet the specific technical and spatial requirements of the client鈥檚 build-out prototype.
- Due Diligence Coordination: Manage the intake and preliminary review of ALTA surveys, Title Commitments, and Phase I/II Environmental Site Assessments (ESA) to ensure compliance with project standards.
- Work Letter Support: Assist Real Estate and Transaction Management teams in drafting technical exhibits for Lease Work Letters, ensuring a clear division between Landlord鈥檚 and Tenant鈥檚 scopes of work.
- TI Allowance Verification: Review site-specific costs against proposed Tenant Improvement (TI) allowances to identify potential budget gaps early in the leasing process.
- Consultant Liaison: Serve as the primary point of contact for third-party consultants (Environmental, Geotechnical, Civil, and Structural), ensuring timely delivery of all site reports.
- Document Management: Ensure all consultant deliverables are organized, audited for completeness, and ready for hand-off to the Design Project Managers.
- SOX control responsibilities may be part of this role, which are to be adhered to where applicable.