Director of Data Center Leasing

Position Summary: The Director of Data Center Leasing is responsible for Business Development and overseeing the day-to-day execution, coordination, and advancement of data center leasing transactions and business development initiatives, from initial site selection and diligence through lease execution and project delivery. Reporting to the EVP, Strategic Finance and operating within the President’s Office, this role ensures the timely progression of all active workstreams by maintaining regular engagement with tenant counterparties, managing the resolution of open items and document redlines, and coordinating cross-functional internal teams to facilitate successful lease execution and delivery.

Key Responsibilities: Maintain a weekly and regular cadence with tenant counterparties and their deal teams, tracking open items, redline cycles and issues lists, and following up consistently to keep negotiations on timeline against exclusivity windows, contingency deadlines and delivery dates. Support business development workstreams, including site selection diligence, energy and power availability assessments, and preparation of counterparty-facing materials for new campuses and expansions. Coordinate with the Solutions Architecture and Data Center Development (DCD) teams to resolve lease-level technical items, including SLA exhibits and environmental parameters, power demarcation, design criteria, work letters and delivery specifications, and drive them into the documents. Coordinate with Legal (in-house and outside counsel) to close out the commercial puts and takes of each lease, including term and escalation, abatement and remedy constructs, credit support, incentives and PILOT structures, and ESA contingencies and consent rights. Track lease positions against the underlying energy supply agreements, financing documents and campus-standard forms, flagging conflicts and read-across risk for resolution. Work with Construction Delivery Managers (CDMs) post-execution to follow lease delivery and compliance against the commitments as negotiated, including RFS and target completion dates, milestone schedules, amendment needs and tenant notifications. Maintain deal trackers, issues lists, internal approval materials and the lease portfolio playbook, keeping the reporting leadership current on status, open issues and escalations.

Qualifications: 5+ years in commercial real estate, data center, energy or infrastructure transactions, with exposure to lease negotiation, site selection or power procurement. Earlier-career profile with exceptional organization and follow-through: comfortable owning trackers, cadences and open-items lists across multiple concurrent deals. Working knowledge of site selection and energy fundamentals (power availability, utility processes, load and capacity considerations) and lease constructs (SLAs, work letters, delivery milestones, escalation paths, credit support).Strong coordination and communication skills across legal, engineering, development and finance teams. Please note that Applied Digital is currently unable to sponsor new applicants for employment authorization or provide immigration-related support for this position. This includes, but is not limited to, visa categories such as H-1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN, E-2, E-3, L-1, O-1, and any Employment Authorization Documents (EADs) or other work authorizations that require employer sponsorship. The company has reviewed this job description to ensure that essential functions and basic duties have been included. It is intended to provide guidelines for job expectations and the employee's ability to perform the position described. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate. This document does not represent a contract of employment, and the company reserves the right to change this job description and/or assign tasks for the employee to perform, as the company may deem appropriate. This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents acknowledge that they possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. This document does not create an employment contract, implied or otherwise, other than an "at will" relationship. The company is an Equal Opportunity Employer, drug free workplace, and complies with ADA regulations as applicable.