Director of Real Estate Services

HealthPartners is hiring a Director of Real Estate.  Director of Real Estate is a strategic and operational leader responsible for overseeing HealthPartners’ enterprise-wide real estate portfolio, encompassing both administrative and clinical facilities. This role provides leadership to the real estate team, ensuring alignment with organizational goals through optimal space utilization, cost efficiency, and exceptional service delivery.

In addition to strategic oversight, the Director is accountable for the day-to-day management of the Senior Real Estate Specialists and Office Services functions. This includes driving portfolio optimization, managing renewal transactions and non-core dispositions, and maintaining strong business relationships with internal stakeholders, external partners and/or consultants. The Director ensures adherence to system-wide standards, policies, and procedures, while embodying the organization’s values and culture.

This role also supports the Vice President of Real Estate & Facilities on complex system initiatives, including acquisitions, integrations, and joint ventures, contributing to the long-term success and adaptability of the organization’s real estate strategy.

MINIMUM QUALIFICATIONS: 

• Bachelor’s degree in Real Estate, Business Administration, Finance, Architecture, Urban Planning, or a related field. 
• 10+ years of progressive experience in corporate real estate, facilities management, or related disciplines. 
• 5+ years of leadership experience, including managing teams and overseeing complex real estate portfolios. 
• Proven experience in lease negotiations, acquisitions, dispositions, and portfolio optimization. 
• Strong knowledge of real estate law, zoning, and regulatory compliance. 
• Demonstrated ability to manage cross-functional teams and collaborate with internal and external stakeholders. 
• Excellent analytical, financial modeling, and project management skills. 
• Strong communication and interpersonal skills.

Knowledge, Skills, and Abilities:

• Working knowledge of Stark and Anti-Kickback Laws

PREFERRED QUALIFICATIONS: 

Licensure/ Registration/ Certification:

• Real Estate License in the State of Minnesota

Knowledge, Skills and Abilities: 

• 5+ Years experience in healthcare real estate facilities. 
  • Master’s degree in Business Administration, Real Estate, or a related field. 
  • Familiarity with Epic space planning, facility integration, or health system mergers and acquisitions. 
  • Professional certifications such as CCIM, CPM, or LEED AP. 
  • Experience working in a matrixed or multi-regional organization. 
  • Knowledge of sustainability practices and energy-efficient building strategies.

ESSENTIAL DUTIES: 

Team Leadership & Development (20%)

• Select, develop, and evaluate real estate and office services team members to ensure high performance and operational excellence as a highly performing team.
• Provide direct supervision to real estate and office services team members responsible for lease management, property transactions, day-to-day property operations, and office services functions.

Strategic Leadership & Portfolio Oversight (15%)

• Provide strategic leadership for all real estate functions, including leasing, acquisitions, dispositions, construction, real estate development and space planning.
• Lead enterprise-wide initiatives to align leasing processes, improve data collection and reporting, and identify operational efficiencies across all sites.
• Collaborate with senior leadership to influence decisions on space acquisition, reduction, and optimization based on evolving organizational needs.
• Partner with Director of Engineering & Planning, and Director of Design & Construction to align the real estate portfolio to HealthPartners’ capital and strategic planning and bring forward recommendations to the Vice President of Real Estate, Planning and Construction to guide long-term space planning and real estate strategy.

Real Estate Transaction Management & Compliance (20%)

• Manage complex real estate transactions and support system-level initiatives such as mergers, acquisitions, integrations, and joint ventures.
• Act as the principal contract negotiator for major real estate transactions, leading contract review meetings and ensuring delivery against objectives and budgets.
• Serve as the Associate Broker for property transactions, requiring a State of Minnesota Broker License.
• Ensure compliance with all applicable codes, regulations, and legislation related to facilities and real estate.
• Work with legal and compliance departments to maintain regulatory compliance across all real estate contracts.

Financial Management (15%)

• Develop and manage building budgets for off-site facilities and office services, ensuring fiscal responsibility and alignment with strategic goals.
• Develop and maintain real estate operating budgets for all buildings across the HealthPartners’s system, optimizing fixed costs and managing commercial and financial arrangements with landlords, tenants, and suppliers.
• Participate in annual budget forecasting, variance tracking, and internal chargebacks.

Real Estate Market Intelligence & Due Diligence (10%)

• Lead due diligence efforts for real estate transactions in collaboration with senior operational leaders at HealthPartners.
• Attend site tours and monitor market conditions to inform short- and long-term real estate strategies.

• Develop and execute landlord negotiation strategies and prepare executive reporting for senior leadership.

Operational Management & Regional Oversight (20%)

• Direct and support the real estate team, ensuring adherence to system-wide standards, policies, and procedures.
• Oversee off-site clinic property management operations, including facility management, space planning, and building services.
• Oversee the operations of 8170 33^rd Ave S. Bloomington, MN including the oversight of the Property Management company, and coordination of the conference center operations and other administrative sites, including services such as duplicating, mail, security access, parking, workspace reconfigurations, and department moves.
• Design, develop, and maintain comprehensive interior signage packages for multiple locations.

Pay Range: $69.68 - $104.52 hourly

Pay Range Statement: Compensation is based on the level and requirements of the role. Pay within our ranges may also be determined by education, experience, knowledge, skills, location, and abilities as well as internal equity. Hired candidates may be eligible to receive additional compensation based on role (e.g., shift differential, bonus, sales incentive, productivity pay, etc.).