Director of Real Estate

Role Description

Allied Universal® is hiring a Director of Real Estate. The Director of Real Estate manages all real estate activities related to our 400 leases in North America. This includes:

• Transaction Management (negotiating 100+ leases a year)
• Project/Move management (25+ moves/year)
• Lease Administration (database and rent payments)
• Portfolio Management (acquisition synergies to estoppels)

The Director of Real Estate may expect to travel up to 25% of their time.

Responsibilities:

• Provide direction and mentorship to direct reports and extended team members
• Build team capabilities in real estate strategy, transactions, and portfolio management
• Establish clear goals, performance metrics, and development plans for team members
• Develop and execute comprehensive corporate real estate strategies aligned with business growth objectives and operational requirements
• Partner with cross-functional teams to forecast space needs based on business projections and market opportunities
• Stay ahead of market trends and industry best practices to identify new opportunities for innovation and efficiency
• Conduct portfolio analysis to optimize real estate footprint, ensuring cost-effectiveness and strategic positioning
• Lead the evaluation, management, and optimization of the company’s owned and leased real estate portfolio
• Manage and interpret market analyses to identify opportunities, challenges, and emerging trends relevant to facility planning
• Source, evaluate, and secure facilities that align with operational needs, growth plans, and financial goals
• Negotiate, structure, and finalize lease agreements, renewals, subleases, acquisitions, dispositions, and terminations
• Advise leadership on regional and local real estate availability, trends, risks, and considerations affecting operations
• Oversee ongoing lease, sublease, and occupancy obligations to ensure compliance and cost-effectiveness
• Provide guidance to Operations teams on facility maintenance responsibilities, landlord relations, and contractual obligations
• Analyze operating center P&L expectations related to renewals, relocations, and facility maintenance
• Monitor real estate transactions against approved budgets
• Develop, model, and evaluate full project cost structures, including capital investments, returns, escalations, and ground leases
• Coordinate with external brokers, consultants, and service providers to ensure timely and accurate real estate execution
• Communicate the status of active transactions to local, regional, and executive leadership
• Collaborate with internal stakeholders across the organization to ensure timely, coordinated site delivery, relocation, and/or termination

Qualifications

• Bachelor’s degree in Business Management
• Minimum of seven (7) years transactional real estate experience
• Prior experience managing a team; empowering team and delivering results
• Project management experience, including managing multiple complex initiatives simultaneously
• Strong track record of successful real estate transactions including site selection, lease negotiations, property administration, and property management
• Familiarity with real estate terminology and experience in document review
• Strong financial acumen, including budget management, financial analysis, P&L understanding, and ROI evaluation
• Excellent negotiation, analytical, and problem-solving skills
• Collaborative mindset and team-oriented approach to problem-solving
• Adaptable and effective in dynamic, fast-paced business environments
• High attention to detail with strong analytical and organizational capabilities
• Ability to create presentations and communicate effectively with senior level executives
• Strategic and critical thinking with strong business judgment and decision-making capabilities
• Detail oriented with strong organizational and documentation skills, including experience in legal contract and document review

Requirements

• Master’s degree in Business Administration (MBA) (Preferred)

Benefits

• Annual Salary: $130,000 - $140,000 per year
• Medical, dental, vision, basic life, AD&D, retirement plan and disability insurance
• Eight paid holidays annually, five sick days, and four personal days
• Vacation time offered at an accrual rate of 3.08 hours biweekly; unused vacation is only paid out where required by law