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Director, Real Estate Operations, NA

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Vantage Data Centers

Aug 22, 2024

  • Job
    Full-time
    Expert Level
  • Real Estate & Property
  • Denver
  • Quick Apply

AI generated summary

  • You need a Bachelor’s in Real Estate or related field, 10+ years in real estate operations, 5+ in leadership, strong financial and negotiation skills, and exceptional communication abilities.
  • You will manage real estate operations, oversee lease administration, optimize property performance, lead a team, ensure compliance, develop budgets, and collaborate on strategic initiatives.

Requirements

  • Job Requirements
  • Education:
  • Bachelor’s degree in Real Estate, Business Administration, Property Management, or a related field is required.
  • Advanced degree or relevant certifications (e.g., CPM, RPA, CCIM) are highly preferred.
  • Experience:
  • Minimum of 10 years of experience in real estate operations or property management, with at least 5 years in a leadership role.
  • Proven experience in managing large-scale real estate portfolios, particularly in data centers, commercial properties, or mission-critical environments.
  • Extensive experience in lease management, including negotiating and managing complex lease agreements.
  • Skills:
  • Strong understanding of real estate operations, property management, and lease administration principles.
  • Excellent financial management skills, including budgeting, forecasting, and ROI analysis.
  • Strong leadership and team management skills, with the ability to mentor and develop a high-performing team.
  • Excellent communication, negotiation, and interpersonal skills.
  • Strategic thinker with the ability to translate business objectives into actionable real estate strategies.
  • Detail-oriented with strong organizational and problem-solving skills.
  • Ability to manage multiple priorities and work effectively under pressure.
  • High level of integrity, professionalism, and ethical judgment.
  • Travel required is expected to be up to 5% but may increase over time as the business evolves.

Responsibilities

  • - Oversee the management and operation of the company’s real estate portfolio.
  • - Ensure all properties are maintained to the highest standards, optimizing their performance, and ensuring compliance with regulatory and company requirements.
  • - Manage all aspects of lease administration, including negotiating lease terms, managing renewals, and ensuring compliance with lease agreements.
  • - Maintain accurate records of lease agreements and ensure that critical dates and obligations are tracked and met.
  • - Work closely with legal and finance teams to resolve any lease-related issues and manage lease documentation.
  • - Develop and implement strategies to enhance the operational efficiency of the real estate portfolio, including cost management, energy efficiency, and space utilization.
  • - Drive continuous improvement initiatives to optimize the performance of real estate assets and maximize return on investment.
  • - Lead and manage a team of real estate professionals, including property managers, facility managers, and other support staff.
  • - Provide mentorship and development opportunities to team members, fostering a culture of excellence and continuous learning.
  • - Develop and manage budgets for real estate operations, ensuring effective cost control and financial performance.
  • - Oversee financial reporting, including operating expenses, capital expenditures, and ROI analysis, and present findings to senior management.
  • - Ensure all real estate operations comply with applicable laws, regulations, and company policies, including safety, environmental, and security standards.
  • - Identify and mitigate risks associated with real estate operations, including property maintenance, tenant management, and regulatory compliance.
  • - Contribute to the development and execution of the company’s real estate strategy, including site selection, acquisitions, and dispositions.
  • - Collaborate with internal stakeholders, including finance, legal, and construction teams, to support the company’s growth objectives.
  • - Handle additional duties as assigned by Management.

FAQs

What is the location for the Director, Real Estate Operations position?

This role can be based in any of our US locations: Denver, CO; Phoenix, AZ; Santa Clara, CA; or Ashburn, VA.

What is the salary range for this position?

The salary range is $150,000-170,000 base + bonus, based on Colorado market data and may vary in other locations.

What qualifications are required for this role?

A bachelor’s degree in Real Estate, Business Administration, Property Management, or a related field is required. An advanced degree or relevant certifications (e.g., CPM, RPA, CCIM) are highly preferred.

How many years of experience are required for this position?

A minimum of 10 years of experience in real estate operations or property management is required, with at least 5 years in a leadership role.

What types of skills are essential for the Director, Real Estate Operations?

The essential skills include strong understanding of real estate operations, excellent financial management skills, strong leadership abilities, excellent communication and negotiation skills, and strong organizational and problem-solving skills.

Will there be travel required for this position?

Yes, travel is expected to be up to 5%, but it may increase over time as the business evolves.

What type of benefits does Vantage Data Centers offer?

The position is eligible for company benefits including medical, dental, and vision coverage, life and AD&D coverage, short and long-term disability coverage, paid time off, and participation in a 401k program that includes company match, among other additional voluntary benefits.

Is experience in managing data center real estate portfolios preferred?

Yes, proven experience in managing large-scale real estate portfolios, particularly in data centers or mission-critical environments, is highly preferred.

Are there opportunities for professional development in this role?

Yes, the position involves providing mentorship and development opportunities to team members, fostering a culture of excellence and continuous learning.

How does Vantage Data Centers approach workplace culture?

Vantage Data Centers is committed to inclusion, equity, respect, and acceptance, celebrating diversity and seeking opportunities to learn from each individual's experiences.

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Vantage Data Centers

Experience | Scalability | Efficiency By Design

Consulting
Industry
201-500
Employees
2010
Founded Year

Mission & Purpose

Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across five continents in North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.