Director of Real Estate

At Culligan Quench, the Director of Real Estate is responsible for developing and executing the company’s commercial real estate strategy in support of operational growth and portfolio optimization. This role leads site selection, lease negotiations, acquisitions, dispositions, and business case development while partnering with Executive Leadership, Finance, Operations, and Legal to ensure real estate decisions align with the company’s strategic objectives. 

The Director of Real Estate oversees multiple real estate projects simultaneously, provides financial and strategic analysis for transaction decisions, drives process improvements, and leads a cross-functional team responsible for delivering successful real estate initiatives nationwide. 

Responsibilities 

• Lead end-to-end commercial real estate transactions, including site selection, Letter of Intent (LOI) negotiations, lease negotiations, acquisitions, dispositions, and related business planning. 

• Manage multiple real estate projects simultaneously, balancing timelines, budgets and forecasts, staffing requirements, available resources, and stakeholder expectations. 

• Develop financial analyses and business cases to support real estate transactions, including lease comparison matrices, portfolio analysis, transaction reporting, dashboards, compliance reporting, and key performance indicators. 

• Conduct market reviews, demographic analysis, site tours, and due diligence to identify, evaluate, and recommend commercial real estate opportunities that support the company’s operational and growth objectives. 

• Develop and present executive recommendations, financial analyses, and transaction packages to support informed real estate investment decisions. 

• Draft, negotiate, and review Letters of Intent (LOIs), while partnering with internal and external stakeholders throughout the transaction lifecycle. 

• Oversee the analysis of all required documentation necessary to execute commercial real estate transactions and development activities. 

• Develop and implement standardized real estate policies, reporting, processes, and best practices that improve operational efficiency, governance, and scalability, including maintenance of the company’s real estate portfolio on Occupier (or the like). 

• Drive portfolio optimization initiatives focused on maximizing operational efficiency, reducing occupancy costs, and supporting long-term business growth. 

• Lead, coach, and develop a team of exempt and non-exempt employees while establishing performance expectations, departmental goals, and budget accountability. 

• Exercise sound independent judgment and discretion in evaluating complex commercial real estate opportunities and making recommendations that impact the business. 

Requirements 

• Bachelor’s degree in Real Estate, Finance, Business Administration, Project Management, or related field. 

•  7+ years of progressive commercial real estate, project management, or related experience. 

• 3+ years of people leadership experience. 

• Demonstrated experience structuring, negotiating, and executing commercial real estate transactions, including acquisitions, dispositions, leasing, and portfolio optimization. 

• Proven experience sourcing, evaluating, conducting due diligence, and closing commercial real estate transactions. 

• Strong understanding of commercial real estate law, lease structures, financial statements, property taxes, and due diligence processes. 

• Advanced financial analysis skills, including lease comparison modeling and investment analysis. 

• Proficiency with Microsoft Excel and experience using commercial real estate software such as Argus, MRI, Apex, or similar platforms preferred. 

• Ability to travel approximately 10-20%.