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Director of Real Estate

Director of Real Estate

Analog DevicesWilmington, MA, US
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Director of Real Estate

Analog Devices, Inc. is a global semiconductor leader that bridges the physical and digital worlds to enable breakthroughs at the Intelligent Edge. ADI combines analog, digital, and software technologies into solutions that help drive advancements in digitized factories, mobility, and digital healthcare, combat climate change, and reliably connect humans and the world. With revenue of more than $9 billion in FY24 and approximately 24,000 people globally, ADI ensures today's innovators stay Ahead of What's Possible.

ADI is currently seeking a Director of Real Estate to develop and execute a global real estate strategy, program, and processes. This role will be responsible for the company's real estate portfolio to ensure sufficient occupant capacity while minimizing company expenses and liabilities. ADI has locations in 31 countries with 109 locations and 7.7 million square feet of real estate.

Duties and Responsibilities :

  • Optimize the company's real estate portfolio, balancing occupant capacity with company expenses and liabilities.
  • Establish a governance structure that improves accountability and visibility across the organization.
  • Manage a team of real estate professionals.
  • Collaborate with key leaders to ensure the real estate portfolio is aligned with company's overall strategy in all aspects of site selection, acquisition, and disposition.
  • Effectively oversee the execution of real estate transactions (leasing and / or purchase or sale) in the company's real estate portfolio using negotiating skills, appropriate vendors (e.g., brokers, legal support, lease administration, utility, other services), asset management, and financial analysis.
  • Establish standardized and integrated policies, processes and controls across all corporate real estate functions.
  • Establish a centralized integrated workplace management solution incorporating transaction management, lease administration accounting and space management.

Preferred Qualifications & Experience :

  • A bachelor's degree and at least 10 years of real estate transaction experience (including leasing, purchase, and sale transactions) in an organization's corporate real estate department.
  • Experience leading the real estate organization of a global corporation.
  • Effective vendor management skills including negotiation skills.
  • Excellent organizational, presentation, and interpersonal skills to successfully work with a variety of business leaders, departments, and stakeholders both within and external to the organization.
  • Knowledge of facilities management, facilities service provider networks, and working with property managers to ensure facilities are fit for purpose.
  • Knowledge of workplace strategy, workplace technology, and familiarity with modern workplace design and construction standards
  • Excellent oral and written communication in English
  • Excellent attention to detail
  • Experience in using centralized integrated workplace management solutions.
  • High degree of initiative in managing multiple priorities simultaneously as well as being pro-active in a detail-oriented work environment utilizing sound judgment, administrative abilities, and decision-making skills.
  • Ability to collaborate effectively with business unit leaders as well as finance, facilities, legal, and IT departments.
  • Ability to probe internal partners and generate effective property search requirements for third-party real estate brokerage firms.
  • Demonstrated skill in identifying root causes of problems / issues by asking probing questions and the ability to develop recommendations for resolution.
  • Ethical. Treats people with respect; keeps commitments; inspires the trust of others; Works with integrity and ethics; upholds organizational values; maintains confidentiality.
  • Collaborative leadership style. Ability to influence decision-making, facilitate groups with diverse perspectives, lead teams to agreement and resolution, and maintain effective work relationships internally and externally.
  • Change leadership. Possess the ability to adapt to rapidly changing business circumstances and thrive in a constantly changing business environment. Effectively leads others during times of change.
  • The expected wage range for a new hire into this position is $150,000 to $225,000. Actual wage offered may vary depending on work location, experience, education, training, external market data, internal pay equity, or other bona fide factors. This position qualifies for a discretionary performance-based bonus which is based on personal and company factors. This position includes medical, vision and dental coverage, 401k, paid vacation, holidays, and sick time, and other benefits.

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    Director Real Estate • Wilmington, MA, US

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