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Director of Real Property, Department of Capital Projects

Company: University of Tennessee
Location: Knoxville
Posted on: January 26, 2023

Job Description:

Market Range 18

The University of Tennessee System enthusiastically invites applications and nominations for a Director of Real Property in the Office of Capital Projects and the division of Real Property and Space Administration.

The Real Property office is responsible for the management and execution of real property transactions across the UT System. This work includes analyzing and evaluating opportunities, negotiating terms, and preparing documents for leases, easements, acquisitions, and disposals and for preparing presentations for the University's Board of Trustees and the State Building Commission.

The office manages all real property transactions through the University and State approval process, administers and procures due diligence services for real property transactions, ensures adherence to real property policies and procedures, assures maintenance of real property inventory and coordinates real property projects. Additionally, the office facilitates the University held portion of the gift property program, and works closely with the Tennessee Higher Education commission and each of the campuses in the development of master plans.

Reporting directly to the Assistant Vice President, the Director will provide supervision, administration and management of all University-wide real property ventures. Additionally, this position frequently completes the analysis and prepares documents associated with the transactions. Position responsibilities include, but not limited to the following:

  • Origination, analysis, and oversight of all University-wide real property transactions
  • Lease development, negotiation, and administration
  • Prepare and coordinate all real property approvals with State Building Commission Executive Sub Committee, Tennessee Higher Education Commission, UT Board of Trustees, and other Federal, state and local municipalities
  • Development of Public Private Partnership opportunities
  • Real Property Asset Management
  • Acquisition and disposal of University property
  • Acquisition, disposal, and management of Gift Property
  • Easements & Right-of-ways
  • University-wide facility & space management function
  • Initiation and development of Campus Master Plans
  • Coordination of compliance with Tennessee Historical Commission and State Archaeologist policies/procedures.
  • Develop and evaluate Requests for Proposals in support of activities listed above
  • Special initiatives which may include systemwide facilities assessments, collaborating on atypical transaction initiatives, and future implementation property interface with a new enterprise resource planning system.

    The Directorwill support a culture of engagement and belonging by treating others with dignity and respect at all times, and by exhibiting conduct that reflects a commitment to diversity, equity, and inclusion. The successful candidate is expected to contribute in measurable ways to the systemwide mission and fully embrace the systemwide Be One UT Values.

    Qualifications:

    Qualifications:

    A bachelor's degree is required. A master's is preferred. A minimum of seven years of broad experience in real property acquisition, dispositions, and property administration is required. Experience working in higher education and/or state or local government is preferred.

    Additional requirements include:

    • Knowledge of the application of the principles of real estate finance; legal interpretation; negotiation; appraisal review; preparation and analysis of purchases, sales, leases and other types of transactional documentation; project management; tax-exempt transactions
    • The ability to establish and maintain effective public/private partnerships and positive relationships with landlords, tenants, developers, as well as University clients

Keywords: University of Tennessee, Knoxville , Director of Real Property, Department of Capital Projects, Accounting, Auditing , Knoxville, Tennessee

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