Associate Director, Commercial Real Estate (Hybrid) - Real Estate Operations

Scheduled Hours

40

Position Summary

This is a management level position that has key responsibilities implementing the University's Strategic Real Estate Plan, as well as managing the University's West Campus, North Campus and South Campus facilities. This position is also responsible for the oversight and management of the off-campus commercial property portfolio, including leasing and daily operations, as well as assisting in the acquisition, disposition and development of real estate assets in furtherance of the administrative and strategic objectives of the University's off-campus real estate activities. The position will work under the direction of the Assistant Vice Chancellor for Real Estate.

Job Description

Primary Duties & Responsibilities :

• Under the guidance of the Assistant Vice Chancellor for Real Estate and Associate Vice Chancellor for Real Estate, develop and implement future plans, initiatives, and uses for the university-owned real estate, and future purchases of real estate. Provide and oversee analysis of real estate activities such as leasing, re-tenanting, and commercial property management for both internal and external customers. Negotiate for the lease, purchase or sale of commercial and institutional properties on behalf of the university, subject to review and approval by the Real Estate Committee and Board of Trustees.
• Under the direction of the Assistant Vice Chancellor for Real Estate, oversee the asset management of the university's off-campus real estate assets to include oversight of property management functions, lease administration, maintenance request activities, and identifying and planning for current and future capital project, or other building investment needs. Additionally, assists with the planning and execution of acquisition and development initiatives pursuant to the university's off-campus real estate strategy. Further, is responsible for space management of the off-campus property portfolio and providing strategic planning and recommendations that help the university optimize the use of its off-campus real estate assets in coordination with the university's on-campus space planning efforts.
• Working with the Associate Director of Accounting for Real Estate, develop and track an annual financial budget for commercial property operations, and prepare projections for future years to assist in planning.
• Responsible for operational planning and oversight of the Real Estate department, including preparation and review of annual budget, coordinating departmental activities, as needed, and responding to staff and / or departmental needs.
• Oversee real estate gift evaluation, due diligence, acceptance, and disposition as needed. Work with the Office of Planned Giving and trust companies, executors, brokers and / or appraisers to formulate and approve plans to maximize sales values of real estate gifts to the university.
• Responsible for all aspects of managing the employees under direct supervision of this position, initially the Senior Commercial Property Manager and the Commercial Property Administrator positions, including but not limited to annual / semi-annual performance reviews, hiring, etc.
• Manage database (Yardi) for commercial property portfolio, including updating property information, running periodic property performance reports, and coordinating database with overall lease administration. Responsibility includes direct oversight of commercial properties to ensure data is both current and accurate.
• Perform other duties as assigned.

Working Conditions :

Physical Effort

Required Qualifications

Education : Bachelor's degree

Certifications : No specific certification is required for this position.

Work Experience : Real Estate Development, Asset Management, Real Estate Investing, and Property Management / Operations (10 Years)

Skills : Not Applicable

Driver's License : A driver's license is not required for this position.

More About This Job

Preferred Qualifications :

Preferred Qualifications

Education : Master's degree

Certifications : Licensed Real Estate Broker - Missouri Division of Professional Registration

Work Experience : No additional work experience unless stated elsewhere in the job posting.

Skills : Analyze Information, Budget Management, Building Consensus, Client Follow-Up, Communication, Effective Presentations, Financial Forecasting, Financial Modeling, Interdisciplinary Teams, Leadership, Oral Communications, Project Administration, Stakeholder Management, Teamwork, Working Independently, Written Communication

Grade

G16

Salary Range

$96,000.00 - $169,300.00 / Annually

Questions

All qualified individuals must be able to perform the essential functions of the position satisfactorily and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions of their job, absent undue hardship.

Pre-Employment Screening

All external candidates receiving an offer for employment will be required to submit to pre-employment screening for this position. The screenings will include criminal background check and, as applicable for the position, other background checks, drug screen, an employment and education or licensure / certification verification, physical examination, certain vaccinations and / or governmental registry checks. All offers are contingent upon successful completion of required screening.

Benefits Statement

Personal :

Wellness :

Family :

For policies, detailed benefits, and eligibility, please visit : hr.wustl.edu / benefits /

EEO Statement

Washington University in St. Louis is committed to the principles and practices of equal employment opportunity and especially encourages applications by those from underrepresented groups. It is the University's policy to provide equal opportunity and access to persons in all job titles without regard to race, ethnicity, color, national origin, age, religion, sex, sexual orientation, gender identity or expression, disability, protected veteran status, or genetic information. Washington University is dedicated to building a community of individuals who are committed to contributing to an inclusive environment fostering respect for all and welcoming individuals from diverse backgrounds, experiences and perspectives. Individuals with a commitment to these values are encouraged to apply.