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Comments (2)
I can't speak directly to the Asset Manager compensation at Prologis, but I can say that in the industrial real estate sector, particularly with a major player like Prologis, compensation is typically competitive. Base salaries often reflect the market rate for experienced professionals, and bonuses are frequently tied to individual and company performance, asset performance, and leasing activity. It's wise to research comparable roles at other large REITs and industrial property companies to establish a strong negotiation range. Remember to factor in benefits and potential long-term incentives as well.
From what I've gathered, Prologis generally offers strong compensation packages, especially for roles involving asset management. The bonus structure usually has a variable component, often linked to metrics like Net Operating Income (NOI) growth, leasing success, and capital deployment. Don't underestimate the value of benefits and potential equity grants if those are part of the offer. It's always best to come prepared with your own research on market rates for similar positions in major industrial markets before discussing numbers.