Analog Devices, Inc. (NASDAQ: ADI) is a global semiconductor leader that bridges the physical and digital worlds to enable breakthroughs at the Intelligent Edge. ADI combines analog, digital, and software technologies into solutions that help drive advancements in digitized factories, mobility, and digital healthcare, combat climate change, and reliably connect humans and the world. With revenue of more than $12 billion in FY22 and approximately 25,000 people globally working alongside 125,000 global customers, ADI ensures today’s innovators stay Ahead of What’s Possible.
Who We Are:
Analog Devices, Inc. (NASDAQ: ADI) is a global semiconductor leader that bridges the physical and digital worlds to enable breakthroughs at the Intelligent Edge. ADI combines analog, digital, and software technologies into solutions that help drive advancements in digitized factories, mobility, and digital healthcare, combat climate change, and reliably connect humans and the world. With revenue of more than $12 billion in FY23 and approximately 25,000 people globally working alongside 125,000 global customers, ADI ensures today’s innovators stay Ahead of What’s Possible. Learn more at www.analog.com.
POSITION SUMMARY:
ADI is currently seeking a Director, Real Estate to develop and execute a global real estate strategy, program, and processes.
In this role, reporting to the Chief Financial Officer you will be managing the company’s real estate portfolio to ensure sufficient occupant capacity while minimizing company expenses and liabilities. ADI has locations in 31 countries with 109 locations and 7.7 million square feet of real estate.
DUTIES AND RESPONSIBILITIES:
- Manage the company’s real estate portfolio to ensure sufficient occupant capacity while minimizing company expenses and liabilities.
- Establish a governance structure that improves accountability, customer visibility, and overall customer satisfaction across the organization.
- Establish a team of experienced real estate professionals across different corporate real estate functions to deliver real estate services globally.
- Collaborate with key leaders to ensure the real estate portfolio is aligned with company’s overall strategy in all aspects of site selection, acquisition, and disposition.
- Effectively oversee the execution of real estate transactions (leasing and/or purchase or sale) in the company’s real estate portfolio using negotiating skills, appropriate vendors (e.g., brokers, legal support, lease administration, utility, other services), asset management, and financial analysis techniques
- Establish standardized and integrated policies, processes, controls, and procedures across all corporate real estate functions.
- Establish a centralized integrated workplace management solution incorporating transaction management, lease administration accounting, construction management, facility management and space management.
- Be current with real estate market conditions for ADI sites, including the rent comps and the property valuation.
PREFERRED QUALIFICATIONS & EXPERIENCE
- A bachelor’s degree and at least 10 years of real estate transaction experience (including leasing, purchase, and sale transactions) in an organization’s corporate real estate department.
- Experience leading the real estate organization of a global corporation.
- Effective vendor management skills including negotiation skills.
- Excellent organizational, presentation, and interpersonal skills to successfully work with a variety of business leaders, client departments, and stakeholders both within and external to the organization.
- Knowledge of facilities management, facilities service provider networks, and working with property managers to ensure facilities are fit for purpose.
- Knowledge of workplace strategy, workplace technology, and familiarity with modern workplace design and construction standards
- Excellent oral and written communication in English
- Excellent attention to detail
- Experience in using centralized integrated workplace management solutions.
- Highly proficient in MS Office Suite, including Excel and PowerPoint. Familiarity with CoStar and REAP Tracker or similar lease management solutions.
- High degree of initiative in managing multiple priorities simultaneously as well as being pro-active in a detail-oriented work environment utilizing sound judgment, administrative abilities, and decision-making skills
- Ability to collaborate effectively with business unit leaders as well as finance, facilities, legal, and IT departments.
- Ability to probe internal partners and generate effective property search requirements for third-party real estate brokerage firms.
- Ability to manage and track complex real estate transactions for semiconductor manufacturing sites that use hazardous materials. This includes environmental phase 1 and 2 due diligence and the plant closure documents.
- Ability to understand title reports and resolve issues during the transaction.
- Ability to understand contract law.
- Participation in BOMA, NAIOP, or ASVB or similar professional organization
- Demonstrated skill in identifying root causes of problems/issues by asking probing questions and the ability to develop recommendations for resolution.
- Ethical. Treats people with respect; keeps commitments; inspires the trust of others; Works with integrity and ethics; upholds organizational values; maintains confidentiality.
- Collaborative leadership style. Ability to influence decision-making, facilitate groups with diverse perspectives, lead teams to agreement and resolution, and maintain effective work relationships internally and externally.
- Change leadership. Possess the ability to adapt to rapidly changing business circumstances and thrive in a constantly changing business environment. Effectively leads others during times of change.
For positions requiring access to technical data, Analog Devices, Inc. may have to obtain export licensing approval from the U.S. Department of Commerce - Bureau of Industry and Security and/or the U.S. Department of State - Directorate of Defense Trade Controls. As such, applicants for this position – except US Citizens, US Permanent Residents, and protected individuals as defined by 8 U.S.C. 1324b(a)(3) – may have to go through an export licensing review process.
Analog Devices is an equal opportunity employer. We foster a culture where everyone has an opportunity to succeed regardless of their race, color, religion, age, ancestry, national origin, social or ethnic origin, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, parental status, disability, medical condition, genetic information, military or veteran status, union membership, and political affiliation, or any other legally protected group.
EEO is the Law: Notice of Applicant Rights Under the Law.
Job Req Type: Experienced
Required Travel: Yes, 25% of the time
Shift Type: 1st Shift/Days