Associate Vice President-Real Estate Development

Overview
Georgia Tech prides itself on its technological resources, collaborations, high-quality student body, and its commitment to building an outstanding and diverse community of learning, discovery, and creation. We strongly encourage applicants whose values align with our institutional values, as outlined in our Strategic Plan. These values include academic excellence, diversity of thought and experience, inquiry and innovation, collaboration and community, and ethical behavior and stewardship. Georgia Tech has policies to promote a healthy work-life balance and is aware that attracting faculty may require meeting the needs of two careers.

About Georgia Tech
Georgia Tech is a top-ranked public research university situated in the heart of Atlanta, a diverse and vibrant city with numerous economic and cultural strengths. The Institute serves more than 45,000 students through top-ranked undergraduate, graduate, and executive programs in engineering, computing, science, business, design, and liberal arts. Georgia Tech's faculty attracted more than $1.4 billion in research awards this past year in fields ranging from biomedical technology to artificial intelligence, energy, sustainability, semiconductors, neuroscience, and national security. Georgia Tech ranks among the nation's top 20 universities for research and development spending and No. 1 among institutions without a medical school.

Georgia Tech's Mission and Values
Georgia Tech's mission is to develop leaders who advance technology and improve the human condition. The Institute has nine key values that are foundational to everything we do:
1. Students are our top priority.
2. We strive for excellence.
3. We thrive on diversity.
4. We celebrate collaboration.
5. We champion innovation.
6. We safeguard freedom of inquiry and expression.
7. We nurture the well-being of our community.
8. We act ethically.
9. We are responsible stewards.

Over the next decade, Georgia Tech will become an example of inclusive innovation, a leading technological research university of unmatched scale, relentlessly committed to serving the public good; breaking new ground in addressing the biggest local, national, and global challenges and opportunities of our time; making technology broadly accessible; and developing exceptional, principled leaders from all backgrounds ready to produce novel ideas and create solutions with real human impact.

The Office of Real Estate Development (https://realestate.gatech.edu/) supports a variety of real estate activities across the Institute and with affiliate groups. This work is critical to achieving the Institute's educational and research objectives and central to the comprehensive campus plan. The Associate Vice President, Real Estate (AVP-RE), will lead the university's real estate operations, including strategic real estate planning.

Georgia Tech's main campus spans over 400 tree-lined acres in the heart of Atlanta. In 2023, the campus plan was refreshed and an aspirational Comprehensive Campus Plan developed to provide guidance on the future of the Georgia Tech campus (https://campusplan.gatech.edu/)

With the creation of the Tech Square innovation district, Georgia Tech helped transform its Midtown neighborhood into a thriving place to create, learn, live, work, and play. Since 2013, approximately 30 corporations have established innovation labs, technology development centers, and headquarters operations in and around Tech Square. Georgia Tech's latest collaborative effort, Science Square, is an 18-acre development adjacent to the main campus with the goal of becoming the premier life sciences district in the Southeast.

Aside from the main campus in Atlanta, Georgia Tech also has a campus in Savannah, Georgia. The Georgia Tech Research Institute, which is headquartered on the Atlanta campus, has numerous additional locations around Georgia and the United States.

The Associate Vice President, Real Estate (AVP-RE), which reports directly to the Executive Vice President of Administration & Finance, will lead the university's real estate operations, including strategic real estate planning. The AVP-RE will coordinate closely with leadership on associated financing strategies and ownership structures, acquisition, and disposition of the Institute and its affiliate real estate assets and property rights in support of the Institute's mission and goals.

This position will have significant involvement in the existing and emerging Innovation Districts surrounding the University, and will be closely involved with state, industry, and community partners (in coordination with executives and the Institute's Government Relations). The AVP-RE also serves as an officer and managing member of the Georgia Advanced Technology Ventures (GATV) real estate portfolio and associated special-purpose entities.

This position will provide leadership to acquisition, sale, leasing, development, encumbrance, and strategic planning of the Institute's real property assets, and the management, construction, and financing of non-academic real estate. Responsible for setting employee and/or group goals, recommending on organizational structure to meet the goals, assessing employee and/or group performance and providing feedback, and making pay recommendations.

Job Duty 1 -
Provide leadership management and staff responsible for real estate, coordinated closely with capital planning and space management teams. Stand accountable for the performance of the department.

Job Duty 2 -
Create and implement management policies for a portfolio of real estate assets. Provide asset management to real estate owned by select cooperative organizations. Serve as Vice President, Real Estate of Georgia Advanced Technology Ventures, Inc.

Job Duty 3 -
Establish and negotiate operating standards for leased and other assigned properties, where appropriate. Preserve and increase the value of portfolio properties. For selected properties, oversee property management, leasing, construction, and financial management. Meet tenant needs and resolve concerns.

Job Duty 4 -
Oversee real estate development projects including phase coordination, project development, contract negotiation, and implementation. Support the economic development of Atlanta and the State of Georgia through promoting and executing real estate activities that create jobs, new tax revenues, and technology clusters.

Job Duty 5 -
Direct Institute property acquisitions and divestitures, including formulating plans, identifying locations, recommending funding sources, and negotiating agreements, in coordination with Executive Vice President for Administration & Finance and other Institute leadership. Coordinate with Institute affiliates (including the GT Foundation) as appropriate on their acquisitions and divestitures.

Job Duty 6 -
Lead and oversee the full lifecycle of real estate transactions in close collaboration with the Executive Vice President for Administration & Finance and other Institute leaders. Responsibilities include initiating and negotiating deals, conducting due diligence, preparing and managing legal documentation, securing requisite approvals- including those from the Board of Regents, facilitating legal review and closings, and ensuring timely and successful execution.

Job Duty 7 -
Coordinate closely with Georgia Tech's Finance and Facilities units to oversee the leasing of space for Institute stakeholders, ensuring alignment with institutional priorities and operational needs.

Job Duty 8 -
Maintain accurate and up-to-date real property records, including titles and lease documents; coordinate real estate inventory with capital planning and space management; manage lease payments centrally for the Institute; and oversee real estate tax matters, including exemption filings.

Job Duty 9 -
Advise Institute leadership on real estate and land use matters. Gather and analyze real estate and land lease matters, analyze, prepare reports, and presentations as needed. Facilitate project teams through task completion. Hire and provide oversight to vendors.

Job Duty 10 -
Perform other job-related duties as assigned.

Required Experience
Ten or more years of experience in the real estate management field, preferably in development and strategic planning in a university environment, is required. Five years of supervisory experience is also required.

Educational Requirements
Master's Degree in Business Administration, Economics, or related field or equivalent combination of education and experience.

The annual salary range for this position is $195,000.00-$230,000.00 commensurate with experience.

SKILLS
Excellent verbal and written communications skills, including presentations; project management; conflict resolution and consensus-building; real estate financing; lease and contract negotiations; real estate law; budgeting; planning; general knowledge of real estate taxation; understanding of public-private ventures and related requirements.

The University System of Georgia is comprised of our 26 institutions of higher education and learning as well as the System Office. Our USG Statement of Core Values are Integrity, Excellence, Accountability, and Respect. These values serve as the foundation for all that we do as an organization, and each USG community member is responsible for demonstrating and upholding these standards. More details on the USG Statement of Core Values and Code of Conduct are available in USG Board Policy 8.2.18.1.2 and can be found on-line at https://www.usg.edu/policymanual/section8/C224/#p8.2.18_personnel_conduct.

Additionally, USG supports Freedom of Expression as stated in Board Policy 6.5 Freedom of Expression and Academic Freedom found on-line at https://www.usg.edu/policymanual/section6/C2653.

Georgia Tech provides equal opportunity to all faculty, staff, students, and all other members of the Georgia Tech community, including applicants for admission and/or employment, contractors, volunteers, and participants in institutional programs, activities, or services. Georgia Tech complies with all applicable laws and regulations governing equal opportunity in the workplace and in educational activities. Georgia Tech prohibits discrimination, including discriminatory harassment, on the basis of race, ethnicity, ancestry, color, religion, sex (including pregnancy), sexual orientation, gender identity, national origin, age, disability, genetics, or veteran status in its programs, activities, employment, and admissions. This prohibition applies to faculty, staff, students, and all other members of the Georgia Tech community, including affiliates, invitees, and guests.

Location: Atlanta, GA

Job grade: E8

This is a supervisory position.

This position does not have financial responsibilities.

No, this position will not be required to drive.

This role is considered a position of trust.

This position does not require a purchasing card (P-Card).

This position will not travel

This position does not require security clearance.

Successful candidate must be able to pass a position of trust background check. Please visit http://policylibrary.gatech.edu/employment/pre-employment-screening