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
- 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.
- 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.
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