Scheduled Hours

40

Position Summary

This is a management level position that has key responsibilities implementing the University's Strategic Real Estate Plan, as well as managing the University's West Campus, North Campus and South Campus facilities. This position is also 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 University’s off-campus real estate activities. The position will work under the direction of the Assistant Vice Chancellor for Real Estate.

Job Description

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 for both internal and external customers. 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 university’s off-campus real estate assets to include oversight of property management functions, lease administration, maintenance request activities, and identifying and planning for current and future capital project, or other building investment needs. Additionally, assists with the planning and execution of acquisition and development initiatives pursuant to the university’s off-campus real estate strategy. Further, is 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 university’s on-campus space planning efforts.
• Working with the Associate Director 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 the 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 the 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, initially the Senior Commercial Property Manager and the Commercial Property Administrator positions, 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.

Working Conditions:

Job Location/Working Conditions

• Normal office environment.
• Frequent site visits to university-owned properties.
• Meetings out of the office, both campuses and with municipal officials, community organizations, and others.

Physical Effort

• Typically sitting or standing at a desk or table.

The above statements are intended to describe the general nature and level of work performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all job duties performed by the personnel so classified. Management reserves the right to revise or amend duties at any time.

Required Qualifications

Education:

Bachelor's degree

Certifications:

No specific certification is required for this position.

Work Experience:

Real Estate Development, Asset Management, Real Estate Investing, And Property Management/Operations (10 Years)

Skills:

Not Applicable

Driver's License:

A driver's license is not required for this position.

More About This Job

Preferred Qualifications:

• Previous experience in an academic setting and/or previous experience working with local governments on real estate transactions using development incentives.
• Prepare and present at a Trustee level, if requested, and work effectively with university staff at all levels as well as external stakeholders.
• Effectively and proactively represent the university on community-based Committees or boards.

Preferred Qualifications

Education:

Master's degree

Certifications:

Licensed Real Estate Broker - Missouri Division of Professional Registration

Work Experience:

No additional work experience unless stated elsewhere in the job posting.

Skills:

Analyze Information, Budget Management, Building Consensus, Client Follow-Up, Communication, Effective Presentations, Financial Forecasting, Financial Modeling, Interdisciplinary Teams, Leadership, Oral Communications, Project Administration, Stakeholder Management, Teamwork, Working Independently, Written Communication

Grade

G16

Salary Range

$96,000.00 - $169,300.00 / Annually

The 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.

Questions

For frequently asked questions about the application process, please refer to our External Applicant FAQ.

Accommodation

If you are unable to use our online application system and would like an accommodation, please email CandidateQuestions@wustl.edu or call the dedicated accommodation inquiry number at 314-935-1149 and leave a voicemail with the nature of your request.

All qualified individuals must be able to perform the essential functions of the position satisfactorily and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions of their job, absent undue hardship.

Pre-Employment Screening

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.

Benefits Statement

Personal

• Up to 22 days of vacation, 10 recognized holidays, and sick time.
• Competitive health insurance packages with priority appointments and lower copays/coinsurance.
• Take advantage of our free Metro transit U-Pass for eligible employees.
• WashU provides eligible employees with a defined contribution (403(b)) Retirement Savings Plan, which combines employee contributions and university contributions starting at 7%.

Wellness

• Wellness challenges, annual health screenings, mental health resources, mindfulness programs and courses, employee assistance program (EAP), financial resources, access to dietitians, and more!

Family

• We offer 4 weeks of caregiver leave to bond with your new child. Family care resources are also available for your continued childcare needs. Need adult care? We’ve got you covered.
• WashU covers the cost of tuition for you and your family, including dependent undergraduate-level college tuition up to 100% at WashU and 40% elsewhere after seven years with us.

For policies, detailed benefits, and eligibility, please visit: https://hr.wustl.edu/benefits/

EEO Statement

Washington University in St. Louis is committed to the principles and practices of equal employment opportunity and especially encourages applications by those from underrepresented groups. It is the University’s policy to provide equal opportunity and access to persons in all job titles without regard to race, ethnicity, color, national origin, age, religion, sex, sexual orientation, gender identity or expression, disability, protected veteran status, or genetic information.Washington University is dedicated to building a community of individuals who are committed to contributing to an inclusive environment – fostering respect for all and welcoming individuals from diverse backgrounds, experiences and perspectives. Individuals with a commitment to these values are encouraged to apply.