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$43.5K

$157.5K

$277.5K

How much do vp real estate jobs pay per year?

As of Aug 2, 2026, the average yearly pay for vp real estate in the United States is $157,532.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,000.00 and $190,000.00 per year, depending on experience, location, and employer.

What does a VP of Real Estate do?

A VP of Real Estate is an executive responsible for overseeing an organization’s real estate portfolio and strategy. Their duties typically include managing property acquisitions, leases, dispositions, and development projects to support business growth and operational goals. They also lead negotiations, ensure compliance with regulations, and coordinate with other departments to align real estate decisions with company objectives. Additionally, they may oversee a team of real estate professionals and manage relationships with external partners such as brokers, developers, and legal advisors.

What are the key skills and qualifications needed to thrive as a VP of Real Estate, and why are they important?

To thrive as a VP of Real Estate, you need extensive experience in real estate development, portfolio management, strategic planning, and typically a relevant bachelor’s or master’s degree. Expertise in real estate financial modeling software, property management systems, and familiarity with industry regulations and certifications like CCIM or CPM are highly valuable. Strong leadership, negotiation, and relationship-building skills distinguish top performers in this role. These competencies are crucial for driving profitable real estate investments, ensuring regulatory compliance, and leading high-performing teams in a dynamic market.

What is the difference between Vp Real Estate vs Real Estate Manager?

AspectVp Real EstateReal Estate Manager
CredentialsBachelor's degree, real estate licenses, leadership experienceBachelor's degree, real estate licenses, some management experience
Work EnvironmentCorporate offices, development sites, client meetingsProperty sites, leasing offices, client interactions
Employer & Industry UsageReal estate firms, property development companies, investment firmsReal estate agencies, property management companies, leasing firms

The Vp Real Estate typically holds a higher strategic and leadership role, overseeing multiple projects or portfolios, while the Real Estate Manager focuses more on day-to-day operations and property management. Both roles require relevant credentials and industry experience, but the Vp is more involved in high-level decision-making and long-term planning.

How does a VP of Real Estate typically collaborate with other departments within a company?

A VP of Real Estate works closely with various departments such as finance, legal, operations, and construction to ensure alignment on property acquisitions, leasing, and development projects. They collaborate with finance teams to analyze investment returns, with legal teams to review contracts and regulatory compliance, and with operations to ensure properties meet business needs. Regular cross-functional meetings and strategic planning sessions are common, making strong communication and leadership skills essential in this role.
What cities are hiring for Vp Real Estate jobs? Cities with the most Vp Real Estate job openings:
What are the most commonly searched types of Real Estate jobs? The most popular types of Real Estate jobs are:
What states have the most Vp Real Estate jobs? States with the most job openings for Vp Real Estate jobs include:
Vp Real Estate jobs near you
Infographic showing various Vp Real Estate job openings in the United States as of July 2026, with employment types broken down into 90% Full Time, 6% Part Time, 1% Temporary, and 3% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $157,532 per year, or $75.7 per hour.

Vice President, Real Estate & Facilities

UL Standards and Engagement

Evanston, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 4 days ago

Job description

Job Description
We have an exciting opportunity for a Vice President, Real Estate & Facilities at UL Research Institutes and UL Standards & Engagement, based in our Evanston, Illinois, office.
The Vice President, Real Estate & Facilities provides executive leadership for UL Research Institutes (ULRI) and UL Standards & Engagement (ULSE) across facilities and real estate strategy, capital expansion, and health, safety, and environment (HSE). This role ensures that ULRI's laboratories, research facilities, and work environments, as well as ULSE's offices are safe, compliant, operationally effective, and positioned to support scientific excellence and organizational growth.
Reporting to the Senior Vice President and Chief Financial Officer, the Vice President works in close partnership with the Chief Research Officer, Research Institute and Office leaders, and senior leaders across the organizations to translate strategy into scalable infrastructure, disciplined capital delivery, and a strong culture of safety and environmental responsibility in support of UL's mission to create a safer world.
UL Research Institutes and UL Standards & Engagement
At UL Research Institutes (ULRI) and UL Standards & Engagement (ULSE), we expand the boundaries of safety science to create a more secure and sustainable world. For more than a century, we have studied the unintended consequences of innovation, designed solutions to mitigate risk, created new safety standards and shared our findings with academia, scientists, manufacturers, and policymakers across industries. We identify critical safety and sustainability issues, asking the tough questions because we believe a safer world begins with knowledge.
What you'll learn and achieve:
As the Vice President, Real Estate & Facilities, you will play a key role in the rapid growth of UL as you:
  • Provide leadership for facilities, real estate, capital expansion, and HSE functions across ULRI and ULSE.
  • Establish and execute long-term facilities and real estate strategies aligned with research priorities, geographic needs, and growth plans.
  • Oversee the planning, modernization, and optimization of laboratories, research facilities, and office environments.
  • Lead governance and execution of major capital and construction projects, including construction of major, highly technical, and regulated laboratory facilities, over the next several years.
  • Oversee feasibility studies, site evaluation, zoning, entitlements, permitting, and environmental assessments to support leadership decision-making.
  • Ensure disciplined capital planning, budgeting, cost control, risk management, and reporting across the project portfolio.
  • Set the organization's vision and strategy for health, safety, and environmental programs, fostering a strong culture of safety and compliance.
  • Ensure compliance with applicable environmental health and safety laws, regulations, and ULRI and ULSE policies across all operations and projects.
  • Integrate HSE requirements into facility design, laboratory operations, capital projects, and contractor management.
  • Sponsor audits, inspections, incident investigations, and corrective action planning to drive continuous improvement.
  • Establish and manage positive relationships with key eternal stakeholders, including suppliers, economic development, community organizations, and municipal and state officials as required.
  • Lead, mentor, and develop senior leaders and teams responsible for Facilities & Real Estate and HSE.
  • Collaborate closely with Finance, Legal, Procurement, IT, Strategy, Communications, and HR to ensure alignment, efficiency, and accountability.
  • Lead other functions, projects, or activities as required.

What you'll experience working at UL Research Institutes and UL Standards & Engagement:
We have pursued our mission of working for a safer, more secure, and sustainable world for nearly 130 years, embedding conscientious stewardship into everything we do.
  • People: Our people make us special. You'll work with a diverse team of experts respected for their independence and transparency and build a network, because our approach is collaborative. We collaborate across disciplines, organizations, and geographies to build the global scientific response that today's global challenges require.
  • Interesting work: Every day is different for us here. We see what's on the horizon and use our expertise to build the foundations of a safer future. You'll have the opportunity to push the boundaries of human understanding as part of a team working to advance the public good.
  • Grow and achieve: We learn, work, and grow together through targeted development, reward, and recognition programs.
  • Values. Four core values guide our work: collaboration, respect, integrity, and beneficence. By living our values, we inspire the trust essential to fulfilling our mission and foster the partnerships that enable us to pursue a beneficent future in which we all can thrive.
  • Total Rewards: All employees at UL Research Institutes and UL Standards & Engagement are eligible for bonus compensation based on the level of the position. We offer comprehensive medical, dental, vision, and life insurance plans and a generous 401k matching structure of up to 5% of eligible pay. Moreover, we invest an additional 4% into your retirement saving fund after your first year of continuous employment. Depending on your role, you may be able to discuss flexible working arrangements with your manager. We also provide employees with paid time off, including vacation, holiday, sick, and volunteer days.

What makes you a great fit:
While no single candidate will embody every quality, the successful candidate will bring many of the following professional competencies and personal attributes:
  • Executive leadership skills with the ability to lead complex, cross-functional portfolios in a matrixed organization.
  • Strategic thinking with the ability to align infrastructure, capital investments, and safety priorities with long-term organizational goals.
  • Deep understanding of facilities and real estate strategy, laboratory and technical facility development, and lifecycle asset management.
  • Strong knowledge of environmental health and safety principles, regulatory compliance, hazard identification, and risk mitigation.
  • Proven ability to establish governance, manage risk, and deliver results across large-scale, high-impact initiatives.
  • Financial and commercial acumen, including capital planning, cost controls, and contract negotiation.
  • Positive, collaborative interpersonal skills with the ability to influence and build trust across diverse stakeholders.
  • Engaging and approachable leadership style that sets high standards for accountability and performance.
  • Ability to operate at both strategic and operational levels, with attention to detail and a strong bias toward execution.
  • Demonstrated ability to grow and lead geographically distributed high performing teams.
  • Excellent written and verbal communication skills, with the ability to provide clear, decision-ready guidance to executive leadership.

Professional education and experience requirements for the role include:
  • Minimum of 15 years of progressive leadership experience in facilities, real estate, capital project delivery, and/or environmental health and safety, preferably within research, laboratory, industrial, or other regulated environments.
  • Bachelor's degree required; advanced degree in engineering, architecture, environmental science, safety, business, or a related field strongly preferred.
  • Demonstrated experience leading large capital programs and facilities portfolios with strong governance and compliance requirements.
  • Demonstrated experience setting and overseeing enterprise-level safety and environmental programs in complex operating environments.

About UL Research Institutes and UL Standards & Engagement
UL Research Institutes and UL Standards & Engagement are nonprofit organizations dedicated to advancing safety science research through the discovery and application of scientific knowledge. We conduct rigorous independent research and analyze safety data, convene experts worldwide to address risks, share knowledge through safety education and public outreach initiatives, and develop standards to guide safe commercialization of evolving technologies. We foster communities of safety, from grassroots initiatives for neighborhoods to summits of world leaders. Our organization employs collaborative and scientific approaches with partners and stakeholders to drive innovation and progress toward improving safety, security, and sustainability, ultimately enhancing societal well-being.
To learn more, visit our websites UL.org and ULSE.org.
Salary Range:
$211,276.86-$290,505.68
Pay type:
Salary

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