Director of Corporate Real Estate

Mortenson Construction; Minneapolis (MN); Hybrid; USD 170,000 - 255,000; Full time

Benefits offered by this job

Medical and prescription drug plans

Dental plan

401k retirement plan with companymatch

Paid time off and holidays

Life, AD&D, and disability insurance

No-cost mental health resources

Tuition reimbursement

Adoption assistance

Gym membership discount

Job summary

Mortenson in Minneapolis is seeking a Director of Corporate Real Estate to lead the strategy and operational management of our portfolio of offices and facilities. You will drive site selection, lease negotiations, budgeting, and facilities optimization to align with business goals while delivering cost efficiency and exemplary spaces.

The role requires strong financial acumen, leadership, and hands-on experience with hybrid workplace programs, sustainability reporting, and vendor management.

Qualifications

• 10+ years in corporate real estate, workplace services, or facilities management with 5+ years in leadership.
• Strong financial management for budgets and capital planning.
• Excellent negotiation and contracting skills for large, complex leases.
• Proven leadership, mentorship, and team development abilities.
• Strategic thinker able to translate business needs into plans for flexible, hybrid workplaces.
• Experience with workplace technology platforms and sustainability reporting tools.
• Deep knowledge of lease administration and vendor management.

Responsibilities

• Lead real estate strategy, site selection, and lease negotiations across the portfolio.
• Partner with internal and external stakeholders to align facilities strategy with business goals.
• Optimize footprint for efficiency, sustainability, and collaboration.
• Manage relationships with brokers, landlords, and partners.
• Conduct market research to inform opportunities.
• Develop budgets for facilities operations and leases; track compliance.
• Provide performance metrics and leadership updates.
• Lead sustainability initiatives and carbon footprint tracking.
• Oversee facilities, health and safety, security, and day-to-day office services.
• Mentor a high-performing workplace team.
• Manage construction and capital projects across locations.

Skills

Financial acumen

Negotiation skills

Leadership

Strategic thinking

Operational excellence

Vendor management

Team mentorship

Hybrid workplace design

Technology platforms

Sustainability reporting tools

Tools

Lease administration software

Job description

SUMMARY

The Director of Corporate Real Estate is responsible for the strategic and operational management of Mortenson’s entire portfolio of corporate leased & owned spaces, including offices and other facilities. This role involves optimizing facility operations, ensuring cost-effectiveness and compliance, while aligning corporate real estate strategy with overall business goals through activities such as site selection, lease management, and financial analysis.

This is a highly visible position that requires a blend of strategic planning, financial acumen, and hands-on operational excellence. You will be instrumental in creating inspiring, functional, and scalable spaces that reflect our culture and support our dynamic workforce.

RESPONSIBILITIES

• Real Estate Strategy & Execution: Lead all aspects of commercial real estate to support the company’s operational needs and growth, including portfolio planning, site selection, and lease negotiations. Partner with Mortenson Properties and/or Mortenson Development on expansion opportunities.
• Stakeholder Collaboration:Partner with internal teams (SLT, Finance, ITS, HR & Construction) and external partners (vendors, industry experts) to align facilities strategy with broader business goals. Serve as a key advisor to senior leadership, providing updates and recommendations on portfolio performance and strategy.
• Footprint Optimization: Align physical space with business strategy, driving efficiency, sustainability, and innovation. Supervise space utilization, occupancy planning, and workplace standards across all locations.
• Transaction Management: Maintain relationships with brokers, landlords, and external partners to secure favorable terms and mitigate business risk.
• Market Evaluation: Conduct market research and analysis to identify opportunities and inform real estate opportunities.
• Financial Management & Capital Planning: Develop and manage budgets for facilities operations and leases, ensuring cost-effectiveness, identifying cost saving opportunities, and tracking financial compliance. Optimize capital investments across portfolio.
• Reporting: Provide performance metrics and strategic updates to senior leadership, ensuring alignment with enterprise and budget goals.
• Sustainability: Lead sustainability efforts including strategic planning, energy efficiency, waste reduction, and carbon footprint tracking.
• Facilities & Operational Support: Provide best-in-class operational support for all sites, managing facilities, health and safety protocols, physical security, and day-to-dayofficeservices in order to foster collaboration, productivity, and a seamless team member experience.
• Team Leadership: Lead and mentor a high-performing workplace team, fostering a culture of excellence, innovation, and customer service, while driving continuous improvement.
• Construction & Capital Projects: Manage the construction and build-out of new facilities, expansions, and capital improvements across multiple locations.

QUALIFICATIONS

• Minimum of 10 year’s experience in corporate real estate, workplace services, or facilities management, with at least 5 years in a leadership role.
• Financial Acumen:Strong financial management skills for budget development and execution, as well as capital planning expertise.
• Negotiation Skills: Excellent negotiation and contracting skills. Must be able to understand unique needs of each location and demonstrate strong skills in negotiating large and complex lease agreements.
• Leadership: Proven leadership, mentorship, and team development abilities.
• Strategic Thinking: Ability to translate business needs into strategic plans and execute complex projects, with experience designing and managing flexible and hybrid workplace programs.
• Technology: Experience with workplace technology platforms and sustainability reporting tools.
• Operational Excellence: Deep understanding of lease administration and vendor management to drive value and consistency across portfolio.

A few benefits offered include:

• Medical and prescription drug plans that includes no additional cost vision coverage
• Dental plan
• 401k retirement plan with a generous Mortenson match
• Paid time off, holidays, and other paid leaves
• Employer paid Life, AD&D, and disability insurance
• No-Cost mental health tool and conciergewith extensive work-life resources
• Tuition reimbursement
• Adoption Assistance
• Gym Membership Discount Program

The base pay range for this role is $170,200 - $255,400.

(Actual range is higher for the following office locations: Denver, CO and Chicago, IL – 5%, Seattle, WA, and Portland, OR – 10%, Washington, D.C. – 12.5%).

Base pay is positioned within the range based on several factors including an individual’s knowledge, skills, and experience, with consideration given to internal equity. This position is eligible for Mortenson’s incentive plan.

#LI-PM1 #LI-hybrid

Please make note:

• Visa sponsorship is not offered for this position.
• Our postings are typically open a minimum of 5 days and an average of