Associate Vice President - Real Estate

Georgia Institute of Technology

Atlanta, GA

Salary Estimate: $150,000.00 - $300,000.00

Employment Type: Full Time

Work Place: Office

Experience Required: 10+ to 15 years

Education Required: 4 Year College

Job Description

About Georgia Tech
Situated in Atlanta, Georgia Tech serves over 45,000 students through top-tier programs in engineering, computing, science, business, design, and liberal arts. Our faculty secured over $1.4 billion in research awards, excelling in fields such as biomedical technology, artificial intelligence, energy, sustainability, and more. Ranked among the top 20 for research and development spending, Georgia Tech is a pioneer in shaping the future.
 
Our mission is knowledge: to create it through research, transfer it through teaching, and apply it through service.
 
Position Summary
Reporting directly to the Vice President & Deputy Chief Business Officer, The Associate Vice President, Real Estate (AVP-RE) will lead the university's real estate operations, including strategic real estate planning. The AVP-RE will coordinate closely with leadership on associated financing strategies and ownership structures, acquisition, and disposition of the Institute and its affiliate real estate assets and property rights in support of the lnstitute’s mission and goals. This position will have significant involvement in the existing and emerging Innovation Districts surrounding the University, and will be closely involved with state, industry, and community partners (in coordination with executives and the lnstitute’s Government Relations). The AVP-RE also serves as an officer and managing member of the Georgia Advanced Technology Ventures (GATV) real estate portfolio and associated special purpose entities. 
Additional information: www.realestate.gatech.edu
 
Job Duties and Responsibilities
  • Provide leadership to and management of professional staff responsible for real estate and asset management. Owns accountability for the performance of the department and leads daily and long-term real estate strategy for the Institute.
  • Oversee real estate development projects including phase coordination, project development, contract negotiation, and implementation. Support the economic development of Atlanta and the State of Georgia through promoting and executing real estate activities that create jobs, new tax revenues, and technology clusters.
  • Direct Institute property acquisitions and divestitures including formulating plans, identifying locations, recommending funding sources, and negotiating agreements, in coordination with Executive Vice President for Administration & Finance and other Institute leadership. Coordinate with Institute affiliates (including the GT Foundation) as appropriate on their acquisitions and divestitures.
  • Lead and oversee the full lifecycle of real estate transactions in close collaboration with the Executive Vice President for Administration & Finance and other Institute leaders. Responsibilities include initiating and negotiating deals, conducting due diligence, preparing and managing legal documentation, securing requisite approvals- including those from the Board of Regents, facilitating legal review and closings, and ensuring timely and successful execution.
  • Establish and negotiate operating standards for leased and other assigned properties, where appropriate. Preserve and increase the value of portfolio properties. For selected properties, oversee property management, leasing, construction, and financial management. Meet tenant needs and resolve concerns.
  • Coordinate closely with Georgia Tech's Finance and Facilities units to oversee the leasing of space for Institute stakeholders, ensuring alignment with institutional priorities and operational needs.
  • Create and implement management policies for a portfolio of real estate assets. Provide asset management to real estate owned by select cooperative organizations. Serve as Vice President, Real Estate of Georgia Advanced Technology Ventures, Inc.
  • Maintain accurate and up-to-date real property records, including titles and lease documents; coordinate real estate inventory with capital planning and space management; manage lease payments centrally for the Institute; and oversee real estate tax matters, including exemption filings.
  • Advise Institute leadership on real estate and land use matters. Gather and analyze real estate and land lease matters, analyze, prepare reports, and presentations as needed. Facilitate project teams through task completion. Hire and provide oversight to vendors.
  • Perform other job-related duties as assigned.
 
Requirements
  • Bachelor's degree in Business Administration, Economics, or related field or equivalent combination of education and experience
  • Ten or more years of experience in real estate management field, preferably in development and strategic planning in a university environment, is required. Two years of supervisory experience is also preferred.
 
Knowledge, Skills, & Abilities
Excellent verbal and written communications skills, including presentations: project management: conflict resolution and consensus-building: real estate financing; lease and contract negotiations; real estate law; budgeting: planning; general knowledge of real estate taxation; understanding of public-private ventures and related requirements.
 
Equal Employment Opportunity Statement
As an Equal Opportunity Employer, Georgia Tech is committed to maintaining a fair and respectful environment for all. Equal opportunity and decisions based on merit are fundamental values of the USG and Georgia Tech. We adhere to federal and state laws, Board of Regents policy, and Institute policy. Georgia Tech complies with all applicable laws and regulations governing equal opportunity in the workplace and in educational activities.
 
For Confidential Inquiries/Consideration
Georgia Institute of Technology is conducting a national search with the assistance of JM Search (www.jmsearch.com ) . 
 
JM Search is a premier retained executive search firm and trusted advisor in recruiting, assessing and delivering high performance leaders and transformational leadership teams.
 
Wes Miller
Principal

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