"Alerted.org

Summary:

Meta designs, builds, leases, and operates the most innovative and efficient data centers in the world. Locating, developing and managing this data center infrastructure the "right" way is synonymous with ensuring high uptime, capacity availability, flexibility and capital and operational cost efficiency. Meta is seeking an experienced, organized, and collaborative Leasing Portfolio Manager to join the Data Center team. The Leasing Portfolio Manager is responsible for overseeing the end-to-end management and administration of Meta’s leased and colocated data center portfolio. This role ensures the accuracy of rent rolls, compliance with audit requirements, effective lease negotiations, and seamless cross-functional communication. The Portfolio Manager acts as a key escalation point for both internal teams and landlords, driving process improvements and maintaining robust reporting and documentation standards.The Leasing Portfolio Manager has extensive experience abstracting and administering complex lease agreements and has a keen capacity to think both strategically and analytically. They have enhanced project management and communication skills and are able to closely communicate with cross-functional teams during the build-out and commissioning of data center leased facilities to ensure compliance with executed lease terms.

Required Skills:

Site Development Leasing Portfolio Manager Responsibilities:

1. Facilitate communications and partnerships throughout the lease execution and administration process, including capacity planning, site selection managers, energy teams, data center design, construction, network engineering, legal, policy, communications, and finance, to align on the administration of executed leases

2. Develop ideas for improving portfolio management metrics and tracking mechanisms

3. Thoroughly and accurately review monthly rent roll and supplemental rent roll to provide approval for payment

4. Lead and coordinate audits and adapt to fluctuating audit volumes as new leases are executed

5. Negotiate and unblock Operations and Retrofit Projects to ensure teams can effectively meet business needs. This involves negotiating new lease terms, incorporating additional use cases, and securing necessary approvals

6. Support the Leasing Site Selection team during due diligence by reviewing and providing feedback for rent schedules and new lease drafts

7. Managing and communicating critical dates, milestones, and relevant terms of leased portfolio with partner teams, and developing and implementing improved notification processes

8. Serve as the primary escalation point for lease-related questions and issues from partner teams

9. Serve as a point of escalation to address operational issues raised by landlord for leased data centers

10. analyze critical issues, review lease terms, and coordinate with landlord to resolve problems

11. Ensure accurate abstraction of all leases and manage lease compliance

12. Review Service Level Agreement violations with Facilities Operations and facilitate appropriate remediation actions

Minimum Qualifications:

Minimum Qualifications:

13. Bachelor’s degree in Business, paralegal studies, or technical discipline

14. Experience in leased data center administration, commercial real estate leasing, portfolio management, accounting, finance, logistics planning, contract management, and/or development of data centers or other large-scale or mission critical capital programs

15. Experience managing multiple projects and successfully collaborating and communicating with internal staff, consultants, vendors, and external stakeholders

16. Analytical, creative thinking and communications skills with proven experience to effectively distill and communicate complex commercial, market and contractual details to all organizational levels

17. Familiarity with lease administration systems (e.g., CoStar) and audit processes

18. Ability to manage multiple priorities and adapt to changing business needs

19. 5+ years of experience in commercial lease administration or contract management

Preferred Qualifications:

Preferred Qualifications:

20. Advanced technical degree, law degree, or MBA

21. Experience in hyperscale data center lease administration

Public Compensation:

$126,000/year to $179,000/year + bonus + equity + benefits

**Industry:** Internet

Equal Opportunity:

Meta is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. Meta participates in the E-Verify program in certain locations, as required by law. Please note that Meta may leverage artificial intelligence and machine learning technologies in connection with applications for employment.

Meta is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please let us know at [email protected].