Director, Corporate Real Estate
About the Role
As Director, Corporate Real Estate, you will serve as the primary transaction lead for approximately 50% of ADP's North American real estate portfolio. You will oversee complex lease negotiations, renewals, dispositions, acquisitions, and strategic occupancy initiatives. Partnering with business leaders, you will align real estate strategy with evolving organizational priorities, including growth, transformation, consolidation, optimization, and market expansion. You will collaborate closely with Legal, Finance, Facilities, and external partners to mitigate financial, operational, and contractual risks while delivering innovative real estate solutions.
Responsibilities
- Support the Senior Director of Real Estate on matters related to management, acquisition, disposition, or modification of leased, owned, or licensed properties within a defined geographic region.
- Develop regional and local real estate strategies in line with the global real estate strategy.
- Define and interpret how Business Unit strategies impact the strategic direction of the real estate portfolio.
- Work closely with BU leaders to align BU strategies with global portfolio strategies.
- Coordinate site feasibility activities and requirements in partnership with internal business partners and external real estate service providers.
- Analyze, develop, and present real estate alternatives to senior management for review and/or approval.
- Coordinate and participate in the negotiation, preparation, and execution of various real estate documents, including LOIs, term sheets, leases, licenses, warranties, work letters, design and construction contracts, RFPs, build-to-suit agreements, and purchase and sale agreements.
- Prepare financial analysis related to multi-faceted corporate real estate scenarios, including acquisitions, dispositions, or modifications of leased, owned, or licensed sites.
- Coordinate Project Management, IT, Security, and internal/external consultants/partners to develop project build-out scenarios, requirements, schedules, and cost estimates.
- Monitor and provide KPI metrics or appropriate feedback for service providers in pursuit of continuous improvement and quality.
- Provide input into internal processes and controls to drive high performance, efficiency, and effectiveness.
- Assist with the development of budgets and forecasts for real estate dispositions, expenses, cost savings, and capital expenditures.
- Coordinate with internal and external legal counsel, all consents, notifications, or other communications with various landlords as required under lease agreements.
- Review existing lease agreements periodically and provide recommendations for renewal, renegotiation, expansion, or other actions to meet current business requirements.
- Develop and maintain appropriate metrics and recommend actions where necessary.
- Assist with the preparation or presentation of real estate topics to various corporate governance committees.
- Participate in the preparation and review of the 5-year development plan for the geographical area of responsibility on an annual basis and present the territory to executive staff.
Requirements
- 10+ years of experience in relevant skills gained and developed in the same or similar role, including at least 8 years of experience with corporate leasing.
- Thorough understanding of planning methodologies, program/project management processes, and real estate lease transaction practices.
- Strong experience and deep knowledge of end-to-end real estate lifecycle activities, including lease transactions, portfolio planning, acquisitions, dispositions, and occupancy strategy.
- Knowledge of finance, accounting, and economic principles, including cash flow analysis, capital planning, and real estate finance.
- Data and process-oriented with a demonstrated history of delivering results accompanied by strong problem-solving skills.
- Strong teamwork skills with internal stakeholders and third-party service providers; capable of fostering a collaborative, client-focused, results-driven environment.
- Ability to formulate flexible strategies and action plans to achieve results.
- Capable of making educated decisions with integrity; confident, high-energy, and able to maintain composure in difficult circumstances.
- Demonstrated business acumen and executive presence, with the ability to effectively communicate and influence stakeholders at all organizational levels.
- Strong leadership and influencing skills with demonstrated success driving alignment and results across cross-functional stakeholders without direct authority.
- Strong interpersonal skills, including the ability to build relationships with internal clients, partners, and peers.
- Strong written and verbal communication skills, as well as strong organizational skills.
- Proficiency with Microsoft Office Suite tools, as well as accounting, lease administration, and/or facility/property management systems and reporting.
- Bachelor's degree in Finance, Business, a related field, or equivalent.
Benefits
- Medical, Dental, Vision, Life Insurance
- Matched Retirement Savings
- Wellness Program
- Short- and Long-Term Disability
- Charitable Contribution Match
- Holidays, Personal Days & Vacation
- Paid Volunteer Time Off
Pay
Base salary offers for this position range from USD $114,500.00 to USD $213,500.00 per year. Some positions may include additional compensation in the form of bonus, equity, or commissions.
About ADP
ADP is a comprehensive global provider of cloud-based human capital management (HCM) solutions that unite HR, payroll, talent, time, tax, and benefits administration. We are a leader in business outsourcing services, analytics, and compliance expertise. Our culture embraces core values, welcomes ideas, encourages innovation, and values belonging. We've received recognition for our work by many esteemed organizations.