Corporate Real Estate Director Job Description
Corporate Real Estate Director Duties & Responsibilities
To write an effective corporate real estate director job description, begin by listing detailed duties, responsibilities and expectations. We have included corporate real estate director job description templates that you can modify and use.
Sample responsibilities for this position include:
Corporate Real Estate Director Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Corporate Real Estate Director
List any licenses or certifications required by the position: LEED, CPA, CRCM, RA, PE, PMP
Education for Corporate Real Estate Director
Typically a job would require a certain level of education.
Employers hiring for the corporate real estate director job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Real Estate, Business, Finance, Engineering, MBA, Architecture, Business/Administration, Accounting, Management, Graduate
Skills for Corporate Real Estate Director
Desired skills for corporate real estate director include:
Desired experience for corporate real estate director includes:
Corporate Real Estate Director Examples
Corporate Real Estate Director Job Description
- Accountable for the development and management of business continuity, disaster recovery and business resiliency planning for Real Estate Management
- Responsible for the development of and the oversight of facility operating expense budgets related to Unum’s operated facilities
- Support new business opportunity analysis, evaluation, benchmarking
- Portfolio preparation
- Assist with overflow on proformas when required
- Extensive landlord contact and routine negotiation of existing leases
- Manage and direct lease administration process and data capture, specifically renewals, renegotiations, payments
- Develop a cost savings plan
- Develop real estate strategy for the region to support the Firm's business plan to drive cost efficiency across the portfolio
- Identify real estate opportunities
- Self-starter / action oriented / results focused
- Strong landlord relationships
- Thorough knowledge and understanding of markets, regions, and tenants
- Demonstrated ability to balance heavy transaction and negotiation workload successfully
- Effective and influential deal driver
- Develops and maintains relationships with landlords, real estate brokers, and transaction management consultants
Corporate Real Estate Director Job Description
- Develop key performance indicators for the portfolio, specifically, occupancy and financial metrics at a property level and portfolio level
- In all of the above, understand the origin and reasoning behind key corporate needs, practices, and procedures the Company’s overall business and portfolio management objectives
- Serves as the primary face of corporate real estate strategy &services to Officer Team and lines of business leadership
- Leads and accountable for the operational plan, budgeting, finance, and corporate activities
- Develops and influences senior leaders toimplement a multi-year plan for the corporate real estate portfolio, in alignment with the company goals and ensures successful execution
- Engages and promotes company values and manages relationships with lines of senior leadership as a primary point ofcontact and accountability for real estate and facilities services
- Leads,mentors and guides leaders within the organization in establishing objectives, policies, programs and best practices that ensure successful risk informed real estate program managementactivities and efficient delivery of services to support long-term business needs
- Leads the development of capital plans, budget plans and forecasts, including cost efficiency efforts in partnership with finance groups and vendors
- Ensures that teamleaders and service providers are in compliance with all statutory and reporting regulations and PG&E policies and controls, and risks are appropriately mitigated through risk based prioritization of facility investments
- Promotes continuous improvementby championing good process, methodology, technology and training
- Ensures the on-going leadership, monitoring, and management of vendors’ performancein delivering excellent service and response
- Leads the corporate real estate’s General Rate Case efforts, and provides expert testimony
- Ensures that continuous improvement & benchmarking are on-going activities to identify leading practices to be implemented at PG&E to support employee satisfaction, increased productivity, and lower costs
- Providesleadership to directors and managers on the corporate real estate team to review forecasts and help provide portfolio and financial oversight, strategic vision, leadership and support
- Establishes guidelines for budget preparation and leads the annual budget process in consultation with senior leadership
- Analyzes and makes recommendations regarding strategic investments and other key business decisions
Corporate Real Estate Director Job Description
- Key contributor in materials for Senior Leadership at DVA
- Maintain market intelligence in order to capitalize on opportunities to react to time sensitive projects and initiatives
- Ensuring efficient/effective operations of and delivery of facility services for all Unum corporate locations
- Monitors performance of the Integrated Facilities Management External Partner through auditing of processes and procedures, facilities site inspections/assessments, customer satisfaction surveys, financial reviews, contract governance process and other industry standard methods
- Working with the Integrated Facilities Management External Partner, identify and implement new initiatives, best practices and cost efficiency opportunities
- Manages the property management process and third party tenant relationships to ensure that tenant spaces are operated within the terms and conditions of their leases with Unum and a highly level of tenant satisfaction
- Working with external suppliers and key business partners, identify any potential risks and ensure that appropriate measures are taken to minimize risk exposure and escalate any potential risks that could disrupt Unum’s operations
- Supports the development of and administration of contract(s) with suppliers(s) to establish an external partnership arrangement aligned with organization’s business objectives, outcomes, and standards
- Partner with the external supplier to identify and implement continuous improvement/process improvement enhancements for their area’s business processes/practices
- Leverages suppliers’ capabilities to solve problems and bring innovative solutions to the organization
- Preferably substantial work experience, working in Real Estate or Project Management
- Demonstrated excellence in managing finance, budgeting, and reporting
- Strong qualitative and quantitative analytical / financial analysis abilities and excellent problem solving skills
- Demonstrated experience in financial modeling (integrated income statement, balance sheet and cash flow)
- Ability to read, analyze, and interpret financial reports, contracts and legal documents
- Demonstrated success in effectively communicating and presenting information to senior leadership the external community
Corporate Real Estate Director Job Description
- Drive proactive and strategic planning process which delivers portfolio savings and high quality solutions delivery
- Accountable to develop and manage integrated customer relationship management and portfolio planning function, to be applied on a portfolio-wide basis
- Work with Senior Real Estate Managers in the field and make recommendations with respect to surplus property marketing efforts, lead negotiation, and close asset disposition transactions
- Establish internal standards, policies, and procedures that will result in effective support of the account management requirements reduced occupancy expense for the client
- Participate in the marketing process for GCS accounts or projects, including proposal and presentation preparation, travel, and attendance at meetings with potential clients
- Oversight of all service lines pertaining to the account including, Facilities Management, Transaction Management, Financial Analysis, and Lease Administration
- Create and maintain corporate level reporting related to the portfolio and performance
- Support annual budget development for real estate in cooperation with client CRE
- Coordinate all project processes, including requirement definition, financial and qualitative analysis and project justification and approval
- Coordinate with internal team members to prepare reports for and present Annual Strategic Review, Quarterly Business Reviews, and Weekly or Monthly real estate activity status updates
- Technology review and strategy
- Portfolio and workplace optimization
- Market research and bench marking
- Bachelor's Degree in Business, Finance or related field with a minimum of 10 years’ experience as a corporate real estate thought leader and subject matter expert
- Excellent client relationship manager with expertise in engagement, facilitation and influencing skills with senior management
- Strong analytical, financial and problem solving skills are critical
Corporate Real Estate Director Job Description
- Develop and implement performance metrics and budgets to manage processes and projects from initiation to execution, to deliver data driven reports and presentations to senior management
- Partner with the transactions team, project management, and finance to develop and implement cost effective strategies
- Oversee the performance and cost monitoring of outsourced vendors
- Lead team and establish goals and go/ no-go criteria
- Proactively identify opportunities to improve team effectiveness, processes, and program outcomes
- Oversee an internal team of 11 employees including lease administrators, construction managers, external project managers
- Maintain existing real estate and facility related processes, policies and procedures, recommending changes as needed to create best-in-class facilities and standards
- Manage external relationships with preferred suppliers, brokers, architects, engineers, general contractors, sub-contractors
- Identify and manage all capital related requirements, manage company annual PPE budget plans of $70 to $100MM, and company facility improvement plans
- Perform financial analysis, budgeting, project justification, and other quantitative and qualitative analysis to advance company short and long term business objectives
- Real estate financial skills – proficiency in real estate financial analysis, discounted cash flows and analysis of real estate market data
- Must have ability to use rigorous logic and methods to solve problems with effective solutions, to contribute to and leverage Unum REM’s body of knowledge, and to maintain high professional standards while providing superior service to the Business Partners (through listening, anticipating their needs, delivering the value they expect, and supporting their long-term success)
- A strong emphasis on social and qualitative aspects such as communication, presentation, influencing, negotiating and inter-personal skills
- Strategic – able to connect dots between company and supplier to ensure short-term and long-term picture is achieved
- Able to communicate performance expectations with clarity and hold suppliers accountable
- Managing outcomes/services – moving away from managing activities and people to managing agreements and performance expectations (SLAs, KPIs, agreed upon outcomes)