The Ohio State University — Director of Real Estate

Director of Real Estate
The Ohio State University
Columbus, OH

The Ohio State University is a leading comprehensive teaching and research university that combines a responsibility for the advancement and dissemination of knowledge with a land-grant heritage of public service, offering an extensive range of academic programs in the liberal arts, the sciences and the professions. For 148 years, Ohio State has been the stage for academic achievement and a laboratory for innovation.

The university’s Planning and Real Estate (PARE) team is responsible for all real estate transactions, feasibility studies, physical space and capital planning developments for Ohio State’s Columbus campus and its five regional campuses. PARE leads design and planning for the university’s $1 billion construction portfolio and is responsible for property management and facilities information and technology. With 16,000 acres of real estate, 40,000 employees and 60,000 students, our planners, designers, architects and agents are the driving force behind the university’s planning innovations. In conjunction with the university’s strategic plan, PARE oversees Framework 2.0, the university’s master plan for development to support Ohio State’s academic and research missions.

The Director of Real Estate leads the university real estate team in developing strategies to implement the institution’s master plan and supporting the space needs of all academic and medical center units. This position directs the team of real estate professionals in the completion all university real estate projects, including: leases, acquisitions, dispositions, easements, licenses and mineral rights agreements. The individual manages university properties assigned to the department, including office, residential, retail, and industrial and warehouse uses. This position oversees administration of the university’s lease portfolio, which consists of more than 340 active leases totaling more than 2.7 million square feet and $252 million in value. Additional responsibilities include property data and records management. The individual represents the university with the Ohio Department of Administrative Services and before the Ohio Legislature as necessary. Lastly, the Director develops and oversees department strategic goals, annual budgets, staffing plans, staff performance evaluations, staff training and development plans as well as staff recognition initiatives.

REQUIRED: Bachelor’s Degree or equivalent education/experience in real estate brokerage, real estate investment, facility management, business administration, and/or real estate law; minimum of five (5) years’ experience in a leadership role within a real estate department; broad familiarity and experience with a wide array of real estate transactions; general understanding of lease administration and property management processes; ability to negotiate for and achieve desired deal terms; contract drafting, review, and interpretation; experience developing financial analyses of real estate deals; excellent oral, written, and interpersonal communication skills; capacity to supervise and work well with others; extremely organized and detail-oriented; capacity to manage a high volume of projects, while properly prioritizing workload; proficient in Microsoft Office, including Excel, Word, and Outlook; proficient in Adobe Acrobat Pro

DESIRED: Experience in a real estate department within a university or corporation; site selection and development expertise; accounting and/or finance training; interpretation of financial reports; property management; real estate license; legal training; specialized training from industry-oriented providers such as International Facility Management Association (IFMA), Institute of Real Estate Management (IREM), or Building Owners and Managers Association (BOMA).

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The Ohio State University is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation or gender identity, national origin, disability status, or protected veteran status.