Site Development Leasing Portfolio Manager

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.Site Development Leasing Portfolio Manager Responsibilities: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 leasesDevelop ideas for improving portfolio management metrics and tracking mechanismsThoroughly and accurately review monthly rent roll and supplemental rent roll to provide approval for paymentLead and coordinate audits and adapt to fluctuating audit volumes as new leases are executedNegotiate 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 approvalsSupport the Leasing Site Selection team during due diligence by reviewing and providing feedback for rent schedules and new lease draftsManaging and communicating critical dates, milestones, and relevant terms of leased portfolio with partner teams, and developing and implementing improved notification processesServe as the primary escalation point for lease-related questions and issues from partner teamsServe as a point of escalation to address operational issues raised by landlord for leased data centersanalyze critical issues, review lease terms, and coordinate with landlord to resolve problemsEnsure accurate abstraction of all leases and manage lease complianceReview Service Level Agreement violations with Facilities Operations and facilitate appropriate remediation actionsMinimum Qualifications:Bachelor’s degree in Business, paralegal studies, or technical disciplineExperience 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 programsExperience managing multiple projects and successfully collaborating and communicating with internal staff, consultants, vendors, and external stakeholdersAnalytical, creative thinking and communications skills with proven experience to effectively distill and communicate complex commercial, market and contractual details to all organizational levelsFamiliarity with lease administration systems (e.g., CoStar) and audit processesAbility to manage multiple priorities and adapt to changing business needs5+ years of experience in commercial lease administration or contract managementPreferred Qualifications:Advanced technical degree, law degree, or MBAExperience in hyperscale data center lease administrationAbout Meta:Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology. People who choose to build their careers by building with us at Meta help shape a future that will take us beyond what digital connection makes possible today—beyond the constraints of screens, the limits of distance, and even the rules of physics.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 accommodations-ext@fb.com.$126,000/year to $179,000/year + bonus + equity + benefitsIndividual compensation is determined by skills, qualifications, experience, and location. Compensation details listed in this posting reflect the base hourly rate, monthly rate, or annual salary only, and do not include bonus, equity or sales incentives, if applicable. In addition to base compensation, Meta offers benefits. Learn more about benefits at Meta.