Position SummaryThe Director, Real Estate & Portfolio Management develops and executes the enterprise real estate strategy and optimizes the global portfolio of owned and leased facilities. This role provides strategic leadership for portfolio planning, lease administration, site selection, acquisitions, dispositions, workplace and space strategy, and real estate governance. The position ensures that the facilities portfolio supports business growth, operational excellence, financial performance, risk management, and long-term value creation. Through disciplined portfolio management and strategic real estate planning, this leader enables scalable growth, efficient capital deployment, and enterprise-wide portfolio optimization.
Domestic and international travel required as business needs dictates
What You'll do as a Director, Real Estate & Portfolio Management- Leads global real estate strategy and long-range portfolio planning supporting manufacturing, distribution, laboratory, commercial, and administrative operations; aligns real estate investments with corporate growth, operational, and financial objectives. (15%)
- Directs global owned and leased portfolio management, including portfolio optimization, utilization analysis, consolidation, expansion, divestiture, and redevelopment opportunities to improve asset performance and reduce occupancy costs. (15%)
- Oversees global lease administration and transaction management, including negotiation, renewal, extension, termination, restructuring, lease governance, contractual compliance, and partnership with Legal, Finance, and business stakeholders. (15%)
- Leads real estate evaluations, site selection, and due diligence for new facilities, major expansions, acquisitions, dispositions, and development projects; evaluates market conditions, labor availability, infrastructure, utilities, environmental factors, and strategic fit. (15%)
- Leads real estate support for mergers, acquisitions, divestitures, integration planning, surplus asset disposition, property sales, closures, and exit strategies. (10%)
- Establishes property and asset portfolio governance, including portfolio records, lease documentation, approval processes, transaction controls, portfolio data management, and executive reporting systems. (10%)
- Develops portfolio financial models, occupancy cost forecasts, long-range real estate plans, business cases, dashboards, metrics, and investment recommendations that improve financial performance and enterprise decision-making. (10%)
- Leads workplace and space strategy, risk management, sustainability integration, and stakeholder engagement; partners across Operations, Manufacturing, Supply Chain, Finance, Legal, Human Resources, Information Technology, Quality, Environmental Health and Safety, and external real estate partners. (10%)
The Experience, Skills, and Abilities NeededRequired:- Bachelor's Degree in Real Estate, Business Administration, Finance, Engineering, Architecture, Facilities Management, Construction Management, or related field.
- Minimum 10 years of progressive experience in corporate real estate, facilities portfolio management, lease administration, site selection, transaction management, real estate finance, or related global facilities leadership.
- Experience leading portfolio optimization, lease governance, real estate due diligence, site selection, acquisitions/divestitures, property data governance, executive reporting, and cross-functional business partner engagement.
Preferred:
- Master's Degree or advanced coursework in business, real estate, finance, engineering, facilities management, or related discipline preferred.
- Professional certification preferred, such as Certified Commercial Investment Member (CCIM), Master of Corporate Real Estate (MCR), Certified Facility Manager (CFM), Project Management Professional (PMP), LEED credential, or similar real estate/facilities credential.
- Experience in a global manufacturing, distribution, laboratory, healthcare, life sciences, regulated, or multi-site operating environment preferred.
Other: - Ability to translate business strategy, growth plans, utilization trends, and operational requirements into enterprise portfolio strategies.
- Strong capability in occupancy cost analysis, lease obligations, business case development, forecasting, investment evaluation, and executive-level reporting.
- Knowledge of lease structures, negotiations, renewals, amendments, terminations, obligations, contractual risk, and real estate transaction governance.
- Ability to evaluate market, labor, infrastructure, utility, environmental, regulatory, and financial considerations for site and investment decisions.
- Ability to establish policies, approval processes, portfolio controls, data governance practices, risk mitigation plans, and compliance processes.
- Ability to advise senior leaders, lead governance reviews, align stakeholders, manage external partners, and influence outcomes in a matrixed global environment.
What STERIS OffersWe value our employees and are committed to providing a comprehensive benefits package that supports your health, well-being, and financial future.
Here is a brief overview of what we offer:
- Market competitive pay
- Extensive paid time off and (9) added holidays
- Excellent healthcare, dental, and vision benefits
- Long/short term disability coverage
- 401(K) with company match
- Maternity and parental leave
- Additional add on benefits/discounts for programs such as pet insurance
- Tuition reimbursement and continued educational programs
- Excellent opportunities for advancement in a stable long-term career
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Pay range for this opportunity is $144,500.00 - $187,000.00. This position is eligible for bonus participation.
Minimum pay rates offered will comply with county/city minimums, if higher than range listed. Pay rates are based on a number of factors, including but not limited to local labor market costs, years of relevant experience, education, professional certifications, foreign language fluency, etc.
STERIS offers a comprehensive and competitive benefits portfolio. Click here for a complete list of benefits: STERIS Benefits
Open until position is filled.
