University of Waterloo

Real Estate Contracts Manager

University of Waterloo$80K — $100K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in a related field; graduate degree preferred.
  • Additional certifications in real estate, contract management, or risk management are a plus.
  • Professional designations like CCIM, RPA, or CPM are strong assets.
  • 5-10 years of experience in commercial leases or real estate contracts management.
  • Experience in public-sector or institutional environments is beneficial.

Responsibilities

  • Negotiate and administer complex real estate agreements including leases and licenses.
  • Interpret lease agreements to ascertain responsibilities and liability.
  • Manage risk exposure related to real estate contracts while fostering good relationships with stakeholders.
  • Advise various internal departments on contractual obligations and best practices.
  • Coordinate due diligence for leases and acquisitions, ensuring thorough review processes.
  • Lead contract lifecycle management and maintain compliance with all agreements.
  • Develop and implement standard operating procedures to improve real estate operations.

Benefits

  • Temporary full-time position for a term of 2 years.
  • Opportunity to work closely with senior leadership and diverse stakeholders.
  • Access to professional development and potential for growth within the university framework.
Full Job Description
Job Requisition ID:


Time Type:
Full time

Employee Group:
Staff

Job Category:
Risk Management

Employment Type:
Temporary

Department:
Vice-President, Administration and Finance - Research and Technology Park

Hiring Range:
$80,248.28 - $100,310.35

Posting Information:This posting is for an existing vacancy.

Term: 2 years
The internal posting deadline for this position is Friday, May 22 at 11:59PM.

Job Description:

Primary Purpose

The Real Estate Contracts Manager provides specialized expertise in the negotiation, interpretation, and administration of the University's real estate and lease agreements. The role ensures that the University's contractual rights, obligations, risks, and financial interests are effectively managed across a diverse real estate portfolio. Working closely with the Executive Director, Real Estate and Planning and key campus partners, the Contracts Manager leads contract lifecycle management, advises on due diligence and regulatory compliance, and establishes consistent contracting practices that support operational effectiveness, mitigate risk, and enable positive relationships with external partners and internal stakeholders.

Key Accountabilities

Real Estate Contracts and Lease Management
  • Assists the Executive Director with negotiating, reviewing, and administering complex real estate agreements including leases, subleases and licenses, operating agreements, amendments, renewals, and terminations with industry, government agencies and other external partners
  • Conducts comprehensive lease interpretation to determine responsibilities for repairs, maintenance, capital replacements, structural issues, utilities, and shared services.
  • Manages the University's risk exposure with respect to real estate contracts while maintaining good working relationships with external partners and faculty members.
  • Advises Plant Operations, Finance, Office of Risk Management and Compliance, and other stakeholders regarding contractual responsibilities.
  • Reviews and provides expert advice on all other real estate and lease agreements that the University requires to support its operations and ensures the University's real estate risks are understood and mitigated.
  • Establish and maintain partner relationships by serving as a single point of contact for contractual matters.
  • Coordinates and conducts due diligence activities related to new leases, acquisitions, dispositions, and licensing arrangements, including reviewing financial, technical, environmental, and legal documentation.
  • Collaborates with legal counsel, Finance, Procurement, and Risk Management to develop negotiation strategies, resolve contractual disputes, and ensure institutional compliance.


Process Analysis, Improvement and Portfolio Oversight
  • Develops SOPs and best practices, identifies process gaps, and engages in proactive problem-solving aimed at supporting efficient execution and excellent customer service with regards to real estate and lease agreements.
  • Develops and maintains standard lease templates, clauses, and contracting practices to support consistent, efficient real estate operations.
  • Manages the University's contracts in order to protect the University's assets and ensure compliance when negotiating real estate or lease agreements.
  • Leads the organization, review, consolidation, and ongoing management of all real estate and lease documentation, ensuring records are accurate, complete and accessible.
  • Plays a key role in the implementation and migration to a centralized document management system, including gathering, reviewing, validating, organizing and migrating legacy real estate documents and ensuring appropriate version control and access protocols are established.
  • Oversees contract lifecycle management, including maintaining a centralized contract repository, tracking critical dates (renewals, terminations, escalations), and monitoring deliverables and obligations.
  • Conducts periodic compliance reviews and audits of existing contracts to ensure both the University and its partners meet their obligations.
  • Utilizes market research and comparable data to inform negotiation positions, evaluate financial terms, and support decision-making for new agreements.


Policy Compliance
  • Stays abreast of university and government policies related to real estate, asset management, procurement, privacy and security, IP or any other policies that impact the University from a contracts perspective.
  • Establishes and maintains strong relationships with other units internal to the University in order to consult on real estate and lease agreements that overlap with other enterprises at the University.
  • Ensures contracts comply with applicable municipal, provincial, and federal regulations, including planning, zoning, building code, environmental standards, and safety requirements.
  • Integrates principles of equity, accessibility, sustainability, and inclusion into contracting practices where relevant, aligning with institutional priorities and regulatory frameworks.


Financial and Portfolio Analysis
  • Monitors financial components of real estate agreements, including rent schedules, operating costs, recoveries, escalation clauses, and revenue impacts.
  • Coordinates with Finance to ensure accurate billing, payment processing, and reconciliation of lease-related expenses and revenues.
  • Provides financial summaries, forecasts, and reports to leadership to support strategic decision-making for the University's real estate portfolio.


Required Qualifications

Education
  • Undergraduate degree in a related field required; graduate degree in business, law, real estate, or related field preferred.
  • Additional training or certifications in real estate, contract management, commercial leasing, or risk management is an asset.
  • Professional designations such as CCIM, RPA, CPM, or equivalent are considered strong assets.


Experience
  • 5-10 years of active management and administration of commercial leases, real estate contracts, or property management agreements.
  • Demonstrated experience managing relationships with corporations and other non-academic partners.
  • Demonstrated experience in contract life cycle management and administration of contracts.
  • Experience working in public-sector or institutional environments is an asset.


Knowledge/Skills/Abilities
  • Strong understanding of university operations and related enterprises (e.g. procurement, facilities).
  • Proven ability to support senior leaders with contract negotiations.
  • Strong knowledge of commercial leasing concepts and associated financial terms.
  • Understanding of key contract risk areas (indemnity, insurance, termination, liability).
  • Working knowledge of relevant regulatory frameworks (zoning, bylaws, environmental considerations, building codes).
  • Excellent written and verbal communication, contract drafting, and interpersonal skills.
  • Strong analytical skills with attention to detail and the ability to review complex agreements.
  • Ability to manage a high-volume workload with competing priorities.
  • Ability to work with confidential information, exercise sound judgment, and provide balanced, risk-informed advice.
  • Ability to interpret financial information related to leases, rent schedules, and operating costs.

About University of Waterloo

The University of Waterloo is a public research university with a main campus in Waterloo, Ontario, Canada. The main campus is on 404 hectares of land adjacent to "Uptown" Waterloo and Waterloo Park. The university also operates three satellite campuses and four affiliated university colleges. The university offers academic programs administered by six faculties and thirteen faculty-based schools. Waterloo operates the largest post-secondary co-operative education program in the world, with over 20,000 undergraduate students enrolled in the university's co-op program. Waterloo is a member of the U15, a group of research-intensive universities in Canada. The institution originates from the Waterloo College Associate Faculties, established on 4 April 1956; a semi-autonomous entity of Waterloo College, which was an affiliate of the University of Western Ontario. This entity formally separated from Waterloo College and was incorporated as a university with the passage of the University of Waterloo Act by the Legislative Assembly of Ontario in 1959. It was established to fill the need to train engineers and technicians for Canada's growing postwar economy. It grew substantially over the next decade, adding a faculty of arts in 1960, and the College of Optometry of Ontario, which moved from Toronto in 1967. The university is a co-educational institution, with approximately 36,000 undergraduate and 6,200 postgraduate students enrolled there in 2020. Alumni and former students of the university can be found across Canada and in over 150 countries; with a number of award winners, government officials, and business leaders having been associated with Waterloo. Waterloo's varsity teams, known as the Waterloo Warriors, compete in the Ontario University Athletics conference of the U Sports.
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