Director of Real Estate

POSITION SPECIFICATIONS

DIRECTOR of REAL ESTATE

Shine Associates, LLC has been retained to search, identify, and recruit a Director of Real Estate (Director) on behalf of our client (‘Company’). The Company is headquartered in Bedford, MA and this position will have remote options available.

CONFIDENTIALITY

Shine Associates, LLC has been exclusively retained on this assignment. Information contained in this position specification as well as any other information concerning the Company provided or verbally discussed is confidential. All materials and discussions are to be utilized for the sole purpose of a candidate’s personal review of the career opportunity.

Client Description

Our client is a leading global supplier of core technology solutions that give medical and advanced industrial original equipment manufacturers a competitive advantage. They combine deep proprietary technology expertise and competencies in precision medicine and manufacturing, medical solutions, and robotics and automation with a proven ability to solve complex technical challenges. This enables them to design and deliver highly engineered core components and subsystems that provide premium levels of precision, performance, quality, and safety tailored to the demanding applications of their customers around the world. The driving force behind the firm’s growth is the team of innovative professionals who share a commitment to innovation and customer success.

Our client’s experience, capabilities, and focus on intelligent, mission-critical solutions for OEMs in growing Medical and Advanced Manufacturing markets make them the trusted technology partner for thousands of OEMs worldwide. Their product and technology portfolio coupled with their deep application expertise and global footprint enable firm customers to innovate and solve their most challenging problems.

Innovation is the driving force behind the firm’s success. At this firm, you’ll join a company that is:

• Relentlessly innovative, solving complex technical challenges in powerful, new ways
• Global in scope and mindset, serving leading healthcare and industrial OEMs worldwide
• Mission-driven, focused on creating solutions that make a positive impact on people
• A great team, combining diverse skills and perspectives to achieve big things
  
  

POSITION

Our client is seeking a Director of Real Estate (Director). The Director of Real Estate role will live in Treasury, ultimately reporting up to the CFO of the Company, and will be responsible for a global portfolio of approximately 50 properties, with a mix of manufacturing, lab space, and office space, located across the United States, Europe, and Asia. The portfolio is approximately 85% leased and 15% owned real estate, with a footprint that needs to be managed toward efficiency.

The Director will have the opportunity to build the real estate department, policies, and procedures, from the ground up while managing all third-party brokerage and project management relationships. The “right” candidate will be a motivated go-getter who can drive change and confidently keep senior management apprised of issues, challenges, and progress. The Director will oversee the existing portfolio and manage additional real estate that comes into play through mergers and acquisitions and will have the chance to create a “best in class” real estate operation.

Due to the responsibilities of the Director of Real Estate, approximately 20% of this role will require travel, and the Director will work remotely. The preferred base of operation is Boston MA (headquarters in Bedford, MA), but other options are available.

Primary Respponsibilites

• Real Estate Portfolio Management:
• Oversee the company's real estate portfolio, develop and execute a real estate strategy that aligns with the company's business objectives
• Manage the transactional process of real estate activities including land and building acquisitions, leasing, lease renewals, site locating and selection and disposition of surplus properties. Negotiate lease agreements, lease amendments, and contracts for new and existing locations
• Manage landlord and broker relationships
• Identify opportunities to acquire, lease, or divest properties to optimize the portfolio's performance
• Financial Management & Analysis:
• Develop and manage budgets for real estate operations, tracking expenses and optimizing cost-efficiency
• Identify opportunities for cost savings and process improvements
• Provide financial analysis, capex forecast reporting to the executive team on real estate performance. Create business cases for new locations, leases renewals, site consolidation, existing site expansion or upgrades to present to leadership team.
• Strategic Planning:
• Collaborate with company leadership to align real estate strategies with overall business goals
• Assess and plan for future real estate needs based on growth projections and changes in the business landscape
• Evaluate and recommend real estate investments and dispositions in line with the corporate strategy
  

Required Experience, Skills & Competencies

• Bachelor's degree with a focus within real estate, finance, engineering or business preferred.
• 10+ years of experience in Real Estate, including lease negotiations and transactions, strategic planning, and exposure to all aspects of real property transactions in both office and manufacturing environment.
• Strong skills in data analysis, critical thinking, and project management
• Be proactive, creative, and collaborative
• Excellent communication and interpersonal skills, with the ability to influence and collaborate across all levels of the organization
• Experience in manufacturing facilities, while not required, is preferred.
  
  

Compensation & Benefits

Compensation will include a competitive base salary and bonus and an attractive benefits package.

CONTACT INFORMATION

Shine Associates, LLC

45 School Street

Suite 301

Boston, MA 02108

Timothy M. Shine David M. Slye

Principal Managing Director

(203) 676-1115 (781) 254-0600

Powered by JazzHR

nxutSSngwW