Vice President, Assistant General Counsel, Real Estate

Overview

Public Storage has grown since opening our first self-storage facility in 1972 to become the largest owner and operator of self-storage facilities in the world. With thousands of locations across the U.S. and Europe and more than 170 million net rentable square feet of real estate, we are also one of the largest landlords.

We have been recognized as a Great Place to Work by the Great Place to Work Institute. Our employees have voted us for Best Career Growth, Top 5% for Work Culture, and Top 10% for Diversity and Inclusion.

We are a member of the S&P 500 and FT Global 500. Our common and preferred stocks trade on the New York Stock Exchange. Public Storage is the nation’s leading self-storage provider, known for its iconic orange doors and commitment to delivering simple, reliable solutions to millions of customers. We are expanding our creative team to enhance our consistent and engaging visual brand presence.

The Vice President, Assistant General Counsel (Real Estate) will partner with the real estate legal team and other internal and external stakeholders to manage matters related to the company’s real estate activities, with a primary focus on real estate transactions, development, construction, commercial leasing and other general real estate functions. The role requires both hands-on legal skills and the ability to develop and manage high performing teams.

Key responsibilities will include:

• Manage real estate acquisitions for storage facility and development deals, including: (a) negotiate purchase and sale agreements from letter of intent through execution, (b) perform and supervise due diligence activities, including title, survey, zoning, and environmental diligence, (c) develop and implement practical solutions to issues raised during due diligence in consultation with the business team, (d) oversee the closing process, and (e) work with the relevant business teams to assist in the transition of property ownership and management.
  
  Must be able to handle large volume of single site and large portfolio deals at same time.
• Prepare and negotiate a wide range of real estate documents (purchase and sale agreements, joint venture agreements, development agreements, hold-back agreements, easements, CC&Rs, construction contracts, leases, access agreements, subordination and non-disturbance agreements, vendor and service provider contracts, etc.).
• Partner with the development team on all development activities, including: (a) land acquisitions, new development and redevelopment, (b) development joint ventures, (c) due diligence, (d) document review and negotiation, (e) entitlement processes, (f) land use issues and disputes, and (g) construction, design and permitting matters.
• Partner with the commercial leasing team on cell tower, wireless, billboard, retail, solar, battery and ground leasing activities.
• Build, develop and mentor internal and external teams to prepare the company for high growth.
• Manage and resolve real estate issues arising from the ownership and operation of our facilities, including (a) neighbor questions/disputes about property boundaries, (b) shared drainage and maintenance issues, (c) access and easement issues, and (d) other general real estate matters.
• Work with state and local agencies, utility companies and other governmental or quasi-governmental bodies to evaluate and resolve condemnation claims and easement requests.
• Manage routine environmental matters affecting the company.
• Manage and oversee the efficient use of outside counsel in connection with the foregoing activities.
• Track, manage and analyze internal data on legal spend; design and implement measures to control and reduce costs.
• Evaluate and implement technology tools for efficient management of legal activities; forward focus on potential use of AI to assist with high volume activities.
• Monthly, quarterly and annual reporting to senior management regarding team activity, results and outside counsel spend; create and present materials and reports using PowerPoint and similar tools.

• Experience in a high-volume, fast paced transaction environment is required.
• Experie…