Chief Real Estate Development Officer Jobs (NOW HIRING)

Virginia Tech Foundation, Inc. (VTF) is a nonstock corporation established in 1948 for the sole purpose of managing the endowment and real estate portfolio of Virginia Tech, now valued at $3.4 billion. VTF exists and operates as a separate, independent entity with its own officers and governing board – managing, investing, and distributing private resources to advance Virginia Tech’s mission and its strategic priorities.

Position Summary:

Reporting to the Chief Real Estate & Commercial Development Officer, the Director, Portfolio Strategy & Transactions serves as the day-to-day lead for portfolio management, leasing activity, and third-party transactions across the Virginia Tech Foundation’s real estate platform, with a focus on portfolio activity and transaction execution.

This role manages leasing, dispositions, acquisitions, and broader investment activity at the direction of the Chief Real Estate & Commercial Development Officer, while overseeing deal pipeline, transaction execution, and market engagement. The position also supports development and strategic initiatives while driving improvements in reporting, process discipline, and overall operational efficiency across the platform.

Key Responsibilities

Leasing Strategy Execution

• Lead day-to-day leasing activity across the VTF real estate platform
• Implement pricing, tenant mix, and positioning in alignment with portfolio direction
• Manage and track leasing pipeline, activity, and performance

Transactions (Execution & Coordination)

• Coordinate execution of leasing transactions, portfolio dispositions, and acquisitions
• Support evaluation and advancement of acquisition and disposition opportunities
• Manage transaction processes, timelines, and documentation
• Coordinate with internal and external stakeholders throughout deal execution

Market & External Coordination

• Serve as primary day-to-day point of contact for brokers, advisors, and other external partners
• Coordinate leasing and transaction activity with third parties
• Support market visibility and positioning of assets

Portfolio Strategy & Development Support

• Provide input on asset positioning and market opportunities
• Support evaluation of redevelopment, development, and portfolio initiatives
• Assist senior leadership in execution of broader portfolio strategy and investment activity

Execution Coordination

• Coordinate with internal teams responsible for leasing execution and tenant activity
• Ensure alignment between market activity and internal execution
• Monitor transaction pipeline, timelines, and key milestones

Systems, Reporting & Efficiency

• Support real estate systems, reporting accuracy, and data consistency
• Drive process improvements to enhance transparency, accountability, and operational efficiency

External Engagement

• Support senior leadership in key relationships and strategic initiatives

Likely Direct Reports / Functions

• Portfolio and transaction execution
• Leasing and tenant execution
• Tenant relationship management
• Tenant coordination and onboarding
• Lease administration and compliance
• Lease tracking and documentation support

Qualifications

Required

• Bachelor’s degree in real estate, finance, or related field (or equivalent experience)
• Significant experience in commercial real estate leasing, transactions, or portfolio support
• Demonstrated experience managing deal execution, coordination, and external relationships

Preferred

• Experience with institutional real estate portfolios
• Strong understanding of leasing structures and market dynamics
• Experience supporting acquisitions, dispositions, or development activities

Compensation

• $150,000 - $170,000

Physical Requirements:

Light lifting (<20 lbs.)

Standing

Sitting

Bending

Moderate lifting (20-50 lbs.)

Lifting

Walking

Climbing

Heavy lifting (>50 lbs.)

Reaching

Repetitive motion

Pushing/pulling

Other, specify:

Equal Opportunity Employer

Virginia Tech Foundation, Inc. (VTF) provides equal opportunity in employment to all employees and applicants. The Foundation prohibits discrimination, harassment, and retaliation against employees and applicants on the basis of age, color, sex (including pregnancy, childbirth, and related medical conditions), disability, gender, gender identity, gender expression, national origin or ancestry, political affiliation, race, religion, sexual orientation, genetic information, military or veteran status, marital status, or any other basis protected by federal and Virginia state law.