Director of Corporate Real Estate

Mortenson•Minneapolis, MN

4d•Hybrid

About The Position

The Director of Corporate Real Estate leads the strategic and operational management of Mortenson’s portfolio of corporate leased and owned spaces, including offices and other facilities. The role optimizes facility operations, cost-effectiveness, and compliance while aligning real estate strategy with business goals through portfolio planning, site selection, lease management, and financial analysis. It combines strategic planning and financial management with hands-on operational leadership to create functional, scalable spaces that reflect the company’s culture and support its workforce. The Director collaborates with senior leadership, internal teams, and external partners; oversees workplace and facility operations across locations; and manages budgets, capital investments, construction, and sustainability initiatives. The role also leads and develops the workplace team and provides senior leaders with portfolio performance metrics and strategic recommendations.

Requirements

At least 10 years of experience in corporate real estate, workplace services, or facilities management.
At least 5 years of experience in a leadership role.
Strong financial management skills, including budget development and execution, and expertise in capital planning.
Excellent negotiation and contracting skills, including the ability to negotiate large and complex lease agreements while understanding the distinct needs of each location.
Proven leadership, mentorship, and team development abilities.
Ability to translate business needs into strategic plans and execute complex projects.
Experience designing and managing flexible and hybrid workplace programs.
Experience with workplace technology platforms and sustainability reporting tools.
Deep understanding of lease administration and vendor management.

Responsibilities

Lead commercial real estate strategy and execution, including portfolio planning, site selection, and lease negotiations.
Partner with Mortenson Properties and/or Mortenson Development on expansion opportunities.
Collaborate with internal teams, including SLT, Finance, ITS, HR, and Construction, as well as vendors and industry experts.
Advise senior leadership and provide updates and recommendations on portfolio performance and strategy.
Optimize the real estate footprint to align physical space with business strategy, efficiency, sustainability, and innovation goals.
Oversee space utilization, occupancy planning, and workplace standards across all locations.
Manage relationships with brokers, landlords, and external partners to negotiate favorable terms and mitigate business risk.
Conduct market research and analysis to identify opportunities and inform real estate decisions.
Develop and manage facilities operations and lease budgets; identify savings, monitor financial compliance, and optimize capital investments.
Report performance metrics and strategic updates to senior leadership, aligning with enterprise and budget goals.
Lead sustainability planning and efforts, including energy efficiency, waste reduction, and carbon footprint tracking.
Oversee facilities, health and safety protocols, physical security, and day-to-day office services across sites.
Lead and mentor the workplace team, encouraging excellence, innovation, customer service, and continuous improvement.
Manage construction and build-out of new facilities, expansions, and capital improvements across multiple locations.

Benefits

Medical and prescription drug plans, including vision coverage at no additional cost
Dental plan
401(k) retirement plan with a Mortenson match
Paid time off, holidays, and other paid leaves
Employer-paid life, AD&D, and disability insurance
No-cost mental health tool and concierge with work-life resources
Tuition reimbursement
Adoption assistance
Gym membership discount program
Incentive plan eligibility