Key responsibilities are implementing the University's Strategic Real Estate Plan, as well as managing some of the University's Campuses, facilities. 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 Universityâ™s off-campus real estate activities.
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. 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 Universityâ™s off campus real estate assets to include oversight of property management functions, lease administration and maintenance request activities, and assisting with the planning and execution of acquisition and development initiatives pursuant to the Universityâ™s off-campus real estate strategy. Additionally 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 Universityâ™s on campus space planning efforts.
Working with Manager 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 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 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, 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.
Graduate degree in a relevant field.
Previous experience in an academic setting and/or previous experience working with large institutions and/or local governments on real estate transactions.
Ability to work independently and without close supervision; follow-up skills excellent; ability to undertake and manage long term assignments with inter-disciplinary teams.
Excellent leadership and communication skills with strong team and project management experience.
Ability to work with diverse groups of stakeholders and work through larger, complex issues to build consensus.
Ability to analyze information and communicate options to management and University leadership in a clear and meaningful manner.
Excellent oral and written communication skills; ability to prepare and present at a Trustee level, if requested, and work effectively with University staff at all levels as well as external stakeholders.
Ability to manage a complex budget, prepare financial projections for operations, and model future needs for the business unit.
Effectively and proactively represent the University on community-based Committees or boards.
Missouri real estate salesperson or brokerâ™s license preferred.
Bachelorâ™s degree and a minimum of eight years of experience directly related to real estate, asset management, real estate investing, and/or property management/operations.
Strong computer skills including Microsoft Excel, Word and Power point.
$75,400.00 - $132,800.00 / AnnuallyThe salary range reflects base salaries paid for positions in a given job grade across the University. Individual rates within the range will be determined by factors including one's qualifications and performance, equity with others in the department, market rates for positions within the same grade and department budget.
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.
Washington University in St. Louis is committed to providing a comprehensive and competitive benefits package to our employees. Benefits eligibility is subject to employment status, full-time equivalent (FTE) workload, and weekly standard hours. Please visit our website at https://hr.wustl.edu/benefits/ to view a summary of benefits.
Washington University is an equal opportunity and affirmative action employer. All qualified applicants will receive consideration without regard to an individualâ™s sex, race, color, religion, age, disability status, protected veteran status, national or ethnic origin, gender identity or expression, sexual orientation. Women, minorities, protected veterans and the disabled are strongly encouraged to apply.
Washington University is dedicated to building a diverse community of individuals who are committed to contributing to an inclusive environment â“ fostering respect for all and welcoming individuals from diverse backgrounds, experiences and perspectives. Individuals with a commitment to these values are encouraged to apply.
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