Strategic Real Estate, Execution & Portfolio Management

Anduril • Costa Mesa, CA

6d

About The Position

Anduril's real estate portfolio includes 10 million square feet of R&D labs, manufacturing hubs, and offices worldwide. The Execution & Portfolio Management Lead runs LOI and lease negotiations for new sites and manages a portion of the existing portfolio. After the Investments team reaches an LOI on a new site, this role leads the negotiation through lease execution. It also owns renewals, in-building expansions, contractions, terminations, subleases, and landlord relationships for assigned sites, working directly with the division teams that use the space. This is a senior negotiation and portfolio strategy role, rather than lease administration or space planning. The role reports to the Director of Strategic Real Estate and has room to grow as the portfolio expands.

The role works with Investments, Legal, outside brokers, Design & Construction, the planning team, division stakeholders, landlords, and leadership. It standardizes Anduril's approach to leasing by maintaining template LOIs and lease forms and setting standard positions and acceptable fallbacks. It tracks portfolio events and aligns lease decisions with demand forecasts, then hands signed deals to Design & Construction while remaining involved when lease terms affect the build. The position requires travel of up to 25% for site visits and landlord meetings. U.S. citizenship is required; eligibility for security clearance is preferred.

Requirements

• Bachelor's degree in Real Estate, Finance, Business Administration, Urban Planning, or a related field.
• At least 7 years of experience in corporate real estate transactions, tenant or landlord representation, real estate development, or asset management.
• Record of leading office and industrial lease negotiations from LOI through execution, including renewals and expansions.
• Detailed knowledge of commercial lease terms, including TI allowances, renewal and expansion options, ROFO/ROFR, termination rights, operating expense provisions, restoration, and holdover.
• Strong financial analysis of lease options, including net effective rent and NPV comparisons, in Excel.
• Experience working with legal counsel on lease drafting and with brokers on market strategy.
• Ability to travel up to 25% for site visits and landlord meetings.
• U.S. citizenship required.

Nice To Haves

• Eligibility for security clearance.
• JD or real estate license.
• Experience leasing manufacturing or R&D space involving heavy power, specialized improvements, or build-to-suit components.
• Experience with leases for secure facilities, including SCIFs and DCSA requirements.
• Experience building lease templates or standard negotiating positions for a corporate portfolio.
• Comfort using LLMs and data tools to speed up lease review and portfolio reporting.

Responsibilities

• Lead LOI and lease negotiations for new sites, renewals, expansions, and amendments across office, R&D, and industrial/manufacturing space.
• Work with Investments, Legal, outside brokers, and Design & Construction during negotiations.
• Standardize the company's leasing approach by building and maintaining template LOIs and lease forms and setting standard negotiating positions and acceptable fallbacks on key terms.
• Manage an assigned portion of the existing portfolio, including renewals, in-building expansions, contractions, terminations, and subleases.
• Develop recommendations for portfolio decisions well before decision dates.
• Own landlord relationships for assigned sites and resolve issues as they arise.
• Serve as the main real estate contact for division stakeholders at assigned sites; understand their space use and future needs and use that knowledge to shape renewal and expansion decisions.
• Track expirations, option and notice dates, termination rights, and other portfolio events, starting decisions early enough to preserve negotiating leverage.
• Work with the planning team to align lease decisions with the demand forecast.
• Hand signed deals off to Design & Construction for delivery and stay involved when lease terms affect the build.
• Report on portfolio status and present recommendations to leadership.
• Travel up to 25% for site visits and landlord meetings.

Benefits

• Highly competitive equity grants are included in the majority of full-time offers and are considered part of total compensation.
• Top-tier benefits for full-time employees, described as a comprehensive and competitive package available at little to no cost to employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior