Director, Real Estate and Portfolio Management

STERIS Corporation•Mentor, OH

5d•$144,500 - $187,000

About The Position

The Director, Real Estate & Portfolio Management develops and executes enterprise real estate strategy and optimizes STERIS’s global portfolio of owned and leased facilities. The role provides strategic leadership for portfolio planning, lease administration, site selection, acquisitions, dispositions, workplace and space strategy, and real estate governance. It ensures the facilities portfolio supports business growth, operational excellence, financial performance, risk management, and long-term value creation, enabling scalable growth, efficient capital deployment, and enterprise-wide portfolio optimization. The position leads global portfolio planning and transactions across manufacturing, distribution, laboratory, commercial, and administrative operations. It partners with internal functions and external real estate partners, and requires domestic and international travel as business needs dictate.

Requirements

Bachelor’s degree in Real Estate, Business Administration, Finance, Engineering, Architecture, Facilities Management, Construction Management, or a related field.
At least 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 and divestitures, property data governance, executive reporting, and cross-functional business partner engagement.
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.

Nice To Haves

Master’s degree or advanced coursework in business, real estate, finance, engineering, facilities management, or a related discipline.
Professional certification such as Certified Commercial Investment Member (CCIM), Master of Corporate Real Estate (MCR), Certified Facility Manager (CFM), Project Management Professional (PMP), a LEED credential, or a similar real estate or facilities credential.
Experience in a global manufacturing, distribution, laboratory, healthcare, life sciences, regulated, or multi-site operating environment.

Responsibilities

Lead global real estate strategy and long-range portfolio planning, aligning investments with corporate growth, operational, and financial objectives.
Direct management of the global owned and leased portfolio, including optimization, utilization analysis, consolidation, expansion, divestiture, and redevelopment opportunities.
Oversee global lease administration and transaction management, including negotiation, renewal, extension, termination, restructuring, governance, and contractual compliance.
Lead real estate evaluations, site selection, and due diligence for new facilities, expansions, acquisitions, dispositions, and development projects; assess market conditions, labor availability, infrastructure, utilities, environmental factors, and strategic fit.
Lead real estate support for mergers, acquisitions, divestitures, integration planning, surplus asset disposition, property sales, closures, and exit strategies.
Establish property and asset portfolio governance, including portfolio records, lease documentation, approval processes, transaction controls, data management, and executive reporting systems.
Develop portfolio financial models, occupancy cost forecasts, long-range plans, business cases, dashboards, metrics, and investment recommendations.
Lead workplace and space strategy, risk management, sustainability integration, and stakeholder engagement.
Partner with Operations, Manufacturing, Supply Chain, Finance, Legal, Human Resources, Information Technology, Quality, Environmental Health and Safety, and external real estate partners.