Date: Aug 29, 2020
Location: Cincinnati, OH, US
Company: University of Cincinnati
Job Overview Responsible for managing a complex and mixed array of lease agreements with accompanying responsibilities in both a landlord and tenant role for the University to support the university’s growth. Essential Functions Manage University leasing activity, negotiation of transactions and business terms, drafting of term sheets/letters of intent, lease documents and related exhibits, including routine collaboration with General Counsel’s office and internal/external units to develop appropriate leases, agreements and contracts including lease renewals, expansions, subleases, consolidations and closures. Manage complex telecommunications leasing projects which involve engagement with UC interdepartmental support of Planning + Design + Construction, UCIT, and external communications firms to develop appropriate lease and or license agreements. Support the Next Lives Here Innovation Platform by collaborating with the Office of Innovation and VP of Research Digital Futures offices to lease space to the Innovation Partners in the Uptown Innovation Corridor. Facilitate real estate projects and initiatives for affiliate entities including the Foundation, the Endowment, Hoxwoth Center, UC Health, and Uptown Consortium as examples. Managing landlord /tenant relationships by association to ensure reasonable satisfaction with building operations and delegating property management workflow and navigation of the University system on issues that arise. Assist in the acquisition of real estate for the University and the Neighborhood Development Corporations for all university, endowment, and foundation real estate including market and site research Analyze and forecast budgets for properties, manage/monitor rental of facilities budget, monitor collection and pay out of rent. Manage occupancy levels, delinquency levels, CAM reconciliations and related fiscal reporting on leases and all associated liaising with finance department. Keep Planning and Construction informed of deal/project processes to ensure smooth flow of communication of plans between UC and Landlord/Tenant. Ensure compliance with purchase order system, policies and procedures, risk management regarding certificates of insurance and liability requirements are met. Responsible for real estate portfolio tracking via real estate database including expirations, renewals, and rent increases Conduct site tours – create/provide site information and plans May provide direct and/or indirect supervision to exempt and non-exempt staff (i.e., hiring/firing, performance evaluations, disciplinary action, approve time off, etc.) (Financial Analyst, administrative staff, student workers). Perform related duties based on departmental need. This job description can be changed at any time. Minimum Qualifications Education Select the highest level of education required for the position. Bachelor’s Degree: In Business- or business-related field. ☒ Nine (9) years of relevant commercial real estate work experience and/or other specialized training can be used in lieu of education requirement. Specialized Training Lists specialized training required to perform the position duties.
Certification/Licensure: Ohio real estate license preferred Work Experience Five (5) years of experience with commercial/higher education real estate initiatives, lease negations, 2 years supervision experience.
Additional Qualifications Considered: MBA Advance knowledge of Microsoft Office Suite; highly developed written and verbal communication skills; excellent analytical and organizational skills; ability to meet deadlines.
Extensive experience with negotiating commercial real estate leases
Understanding of tenant improvement allowance strategies, CAM
Managing landlord/tenant relationships, property managementReconciliation and reporting of lease financials on a monthly, quarterly and annual basis
Expertise with Microsoft Excel
Familiarity with PACE (contract management), CAD, Archibus, SAP
Work Environment . Office environment/no specific unusual physical or environmental demands. This general outline illustrates the type of work that characterizes the job. The statements in this job description are not intended to be an exhaustive list of all duties, responsibilities and qualifications required of the job.
The University of Cincinnati, as a multi-national and culturally diverse university, is committed to providing an inclusive, equitable and diverse place of learning and employment. As part of a complete job application you will be asked to include a Contribution to Diversity and Inclusion statement.
As a UC employee, and an employee of an Ohio public institution, if hired you will not contribute to the federal Social Security system, other than contributions to Medicare. Instead, UC employees have the option to contribute to a state retirement plan (OPERS, STRS) or an alternative retirement plan (ARP).
