Director, Real Estate

Company: Foley & Lardner LLP
Location: Washington
Posted on: March 4, 2025

Job Description:

OverviewFoley & Lardner LLP is a great place to work because of what we do and how we do it. Here, your unique perspectives, experiences, and abilities will be embraced and developed, so you can excel. Being a part of Foley means having the opportunities and resources necessary to gain experience, advance professional goals, and forge meaningful connections. It's a place where you can build your career and enjoy professionally satisfying work. We have over 2,300 people who are #HappyatFoley, and we think you will be too.The Director of Real Estate will be responsible for overseeing and managing the operations, leasing, and management of the firm's office real estate portfolio, providing oversight and direction for a broad range of real estate activities for the firm's 26 office locations. The Director is responsible for developing and overseeing annual real estate occupancy budgets and multi-year capital budgets as well as managing office lease requirements, including prime lease oversight, lease negotiations, and rent/expense budgeting and payment oversight. This person must maintain an in-depth knowledge of office real estate practices and requirements to manage office space utilization and occupancy tracking, as well as subleasing and sublease management. The Director oversees the activities of the Real Estate Specialist with regard to portfolio administration and tracking, monthly budget reforecasts, Landlord and sublease invoices, as well as annual Landlord Operating Expense and Real Estate Tax statements. Must work closely with the Chief Real Estate & Procurement Officer and firm project management resources regarding the planning, budgeting, coordination, and implementation of new office build-out and firm real estate capital projects.Responsibilities

• Oversee and administer the firm real estate portfolio, including lease administration system.
• Maintain the primary point of contact and notifications for all leases, subleases, and real estate communications regarding the firm's portfolio.
• Manage all firm leasing and subleasing requirements, including existing and new lease/sublease negotiations and administration.
• Oversee all firm lease and sub-lease reporting, ensuring accurate accounting data and abstracting of all leases and subleases to create key date notifications and payment requirements.
• Review and approve all monthly Landlord rent invoices, ensuring accuracy to lease and the completion of timely required payments.
• Review and approve all monthly Subtenant rent invoices and payments received to ensure accuracy to sublease.
• Assemble, review, submit, and present the annual Occupancy Budget to firm leadership.
• Work collaboratively to develop annual updates and submissions for the firm's multi-year Real Estate Capital Budget.
• Work with Finance and Risk Management to coordinate property and casualty insurance requirements and other finance/tax reporting requirements.
• Provide lease management and oversight, including formal lease audit activities.
• Assist in the preparation and implementation of national vendor contract proposals.
• Participate in and manage other projects as assigned.Qualifications
  • Bachelor's Degree required; Master's Degree in Business Administration, Finance, Real Estate, Property Management, or related field preferred.
  • Previous large law firm or professional services firm administration experience required.
  • Minimum of 10 years of experience in a business analyst, real estate analyst, or related role required.Pursuant to the Washington DC Pay Transparency Law, the salary range for this Washington DC based position is between $193,300 - $290,000. These figures represent the full compensation range of this position. The actual offered amount will be determined based on the following factors: education, experience, geographic market, and internal pay equity at Foley.
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Keywords: Foley & Lardner LLP, Washington DC , Director, Real Estate, Executive , Washington, DC