Sr. Director, Corporate Real Estate

Flex•Austin, TX

19h•Onsite

About The Position

Flex is the diversified manufacturing partner of choice that helps market-leading brands design, build and deliver innovative products that improve the world. A career at Flex offers the opportunity to make a difference and invest in your growth in a respectful, inclusive, and collaborative environment. If you are excited about a role but don't meet every bullet point, we encourage you to apply and join us to create the extraordinary. Job Summary Flex intends to spin off its Cloud and Power Infrastructure segment into a new, independent publicly traded company, which we’re calling SpinCo, until the name is unveiled. The spin is planned for Q1 2027. If the intended spin occurs, this role will support SpinCo, which will focus on critical digital infrastructure, delivering end-to-end power and thermal management solutions for AI data centers and other mission-critical applications. Senior Director of Corporate Real Estate position based in Austin, Texas. The role leads to a corporate real estate portfolio stated as totaling 12 million sq ft, encompassing more than 60 leases and a Spinco-owned portfolio supporting data center server manufacturing, critical power, and embedded power products. The position is responsible for aligning real estate strategy with business objectives, improving space utilization, and leading global real estate and facilities activities.

Requirements

Bachelor’s degree in real estate, business administration, finance, or a related field.
At least 12 years of experience in corporate real estate management, including management of a global manufacturing footprint with an emphasis on strategic planning and portfolio management.
A proven record of managing corporate real estate projects and transactions successfully.
Strong analytical and financial modeling abilities, including the capacity to interpret complex data and make informed decisions.
Excellent negotiation, communication, and interpersonal skills.
Ability to think strategically while executing tactically in a fast-paced environment.
Proficiency with real estate software, related tools, and Microsoft Office Suite.
Strong broker relationships and experience managing legal lease abstracts.
Experience driving risk-adverse lease contracts that assign landlords responsibility for structural infrastructure and end-of-lease modifications.

Nice To Haves

MBA or advanced degree is preferred.

Responsibilities

Develop and implement a corporate real estate strategy connected to the company’s long-term goals.
Oversee site selection, acquisitions, dispositions, leasing, and property management.
Partner with business units to refine real estate and facilities strategies and maximize portfolio value.
Ensure that global offices, design, logistics, and manufacturing sites operate effectively and efficiently.
Conduct portfolio reviews with senior leadership to guide location investments and divestments.
Develop performance metrics and analytical tools to assess portfolio condition, utilization, vacancies, market dynamics, and anticipated demand.
Manage negotiations for new leases, renewals, terminations, and purchase initiatives.
Conduct market research to identify real estate trends, opportunities, and risks that inform decision-making.
Prepare and present reports to senior management on portfolio performance, market conditions, and strategic initiatives.
Optimize space across corporate facilities to improve operational efficiency and employee satisfaction.
Oversee the development pipeline and execution of major facility capital projects worldwide, with responsibility for business objectives, quality, on-time delivery, and cost goals.
Develop, review, and approve budgets for real estate transactions, capital investments (CAPEX), and facilities operations (OPEX).
Manage the corporate real estate budget to promote cost-effective resource use and maximize return on investment.
Work with facilities, EHS, finance, operations, Legal, and HR to ensure that real estate strategies reflect business needs.
Lead negotiations for leases, acquisitions, and sales; ensure favorable terms and compliance with company policies.
Build, mentor, and lead a high-performing corporate real estate team.
Serve as the functional stakeholder for M&A due diligence and integrations.
Manage relationships with external suppliers involved in construction, facility services, building materials, and supplies.
Ensure compliance with applicable laws, regulations, and company policies related to real estate transactions and property management.
Coach and mentor the leadership of the Corporate Real Estate Organization.