Director of Real Estate

1 day ago


Nashville, United States Ossur Full time

Real Estate & Facilities DirectorThe Real Estate & Facilities Director leads the strategic planning, acquisition, development, and management of ForMotion's real estate portfolio and Embla Medical's facilities across the United States. This leader partners with Operations, Finance, Legal, Construction, and other cross-functional teams to drive growth, optimize space utilization, and ensure operational excellence. The Director oversees all aspects of site selection, lease negotiation, project management, and facilities operations, ensuring alignment with business objectives and compliance with regulatory and corporate standards.Key ResponsibilitiesStrategic Planning & Business DevelopmentDevelop extensible master plans for strategic growth, including renewals, new sites, relocations, renovations, and minor facilities projects.Collaborate with Finance and Operations to establish annual capital budgets and operating costs.Identify and engage brokers for market assessment, site selection, and market comps; shortlist sites for tours with Operations.Lead business case development for new market opportunities and ensure final terms are reflected in approved business cases prior to lease execution.Present new deals, relocations, and renewals to Leadership in partnership with Operations.Leadership & Project OversightFacilitate budget approval for each project and manage multiple concurrent projects to meet deadlines and lease commitment.Lead and oversee real estate, construction, and facilities team members to ensure project milestones are achieved.Work closely with Accounting, Legal, Construction, Operations, and other teams to facilitate approvals and ensure project success.Maintain governance structure and oversight for all real estate and facilities projects.Transaction ManagementManage end-to-end execution of real estate transactions, including site selection, brokerage engagement, acquisition, and integration with construction and operations.Govern LOI negotiations, ensuring enterprise objectives and terms are met; escalate risks and non-standard terms as needed.Collaborate with Legal on lease negotiations, lead business terms, and support legal review.Ensure adherence to established real estate processes and documentation standards for all projects and portfolio documentation.Operational ExcellenceIntroduce best practices, lessons learned, and continuous process improvements.Develop effective, efficient and replicable processes, utilizing industry best practices.Ensure compliance with corporate real estate standards, procedures, and regulatory requirements.Provide regular reporting and updates to senior leadership.Lease Administration & Portfolio ManagementOversee lease administration platforms (e.g. Virtual Lease) and maintain accuracy for US portfolio data; coordinate with global teams on governance.Monitor lease options, renewals, and all critical lease dates; maintain tracking systems and landlord contact databases.Manage all legal notices and documentation from landlords, including estoppels, certificates of insurance, and entity changes.Site Acquisition & DevelopmentLead site acquisition processes, including site selection, qualification, lease negotiation, zoning, and permitting for clinics and facilities.Oversee purchase, lease, and sale transactions through acquisition closings and lease commencement.Establish site acquisition timelines, policies, and procedures.Conduct site analysis and financial forecasting to ensure sites meet expected profitability and quality criteria.Obtain necessary permitting/zoning approval from national and local agencies.Facilities & Construction ManagementOversee all design, construction, and vendor coordination activities.Support and help establish building and equipment standards and site support services.Monitor, track, and report ongoing costs and space utilization for approved projects.Establish furniture procedures/standards and incorporate ADA and EH&S requirements into design and space planning.Cross-Functional CollaborationWork closely with Accounting, Legal, Construction, and Operations teams.Lead and oversee real estate, construction, and facilities team members.Facilitate Real Estate Committee-type approvals for major transactions.QualificationsBachelor's or Master's degree (or international equivalent) in Architectural Design, Facilities Management, Real Estate, or related field.Minimum 10 years of experience in real estate, construction, or facilities management, with in-depth knowledge of commercial real estate lease practices. Retail healthcare experience preferred.Experience with space utilization methodologies and office furniture systems.Strong critical thinking, analytical, and presentation skills.Excellent interpersonal and communication skills; ability to work with a wide range of constituencies.Ability to manage multiple projects and deadlines in an ambiguous, fast-paced environment.Proficiency in lease administration platforms and Microsoft Office applications.Embla Medical is an equal opportunity employer and makes employment decisions on the basis of merit. We want to have the best available individual in every job. Embla Medical's equal opportunity policy prohibits all discrimination (based on race, color, creed, sex, religion, marital status, age, national origin or ancestry, physical disability, mental disability, military service, pregnancy, child birth or related medical condition, actual or perceived sexual orientation, or any other consideration made unlawful by local laws around the world). Embla Medical is committed to complying with all applicable laws providing equal employment opportunities. This commitment applies to all individuals involved in the operations of Embla Medical and prohibits discrimination by any employee of Embla Medical, including supervisors and co-workers.Important Warning: Beware of fraudulent recruiters impersonating our company. Please take extra caution when asked for any sensitive personal information, such as social security numbers or bank account details. We will never ask you for any form of payment during the recruitment process. Please make sure you refer to our official website.



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