Director, Real Estate

Halyard Health; Virginia (MN); Remote; USD 150,000 - 170,000; Full time

Job summary

Owens & Minor is a global healthcare solutions company overseeing a vast real estate portfolio, including leased and owned properties, with a focus on optimizing facilities and operations for hospitals and health systems.

The role demands 10–15+ years in commercial real estate, strong negotiation and project management skills, and the ability to coordinate with cross-functional teams and external partners. Remote-friendly with substantial travel and competitive compensation.”

Qualifications

• 10–15+ years of experience managing commercial real estate and projects of similar scope and impact.
• Broad knowledge of a discipline such as engineering, finance or business administration.

Responsibilities

• Develop and execute real estate strategies for U.S. and global portfolio.
• Coordinate tenant improvements and facility modifications with stakeholders.
• Manage relationships with landlords, developers, and property managers to protect commercial interests.
• Monitor portfolio performance and identify opportunities to reduce costs and increase flexibility.

Skills

Real estate management

Lease negotiations

Project management

Job description

Owens & Minor is a global healthcare solutions company providing essential products, services and technology solutions that support care delivery in leading hospitals, health systems and research centers around the world. For over 140 years, Owens & Minor has delivered comfort and confidence behind the scenes, so healthcare stays at the forefront, helping to make each day better for the hospitals, healthcare partners, and communities we serve. Powered by more than 14,000 teammates worldwide, Owens & Minor exists because every day, everywhere,Life Takes Care™.

Benefits

• Comprehensive Healthcare Plan-Medical, dental, and vision plans start on day one of employment for full-time teammates.
• Educational Assistance-We offer educationalassistanceto all eligible teammates enrolled in an approved, accredited collegiate program.
• Employer-Paid Life Insurance and Disability-We offer employer-paid life insurance and disabilitycoverage.
• Voluntary Supplemental Programs– We offer additional options to secure your financial future including supplemental life, hospitalization, critical illness, and other insurance programs.
• Support for your Growing Family– Adoption assistance, fertility benefits (in medical plan) and parental leave are available for teammates planning for a family.
• Health Savings Account (HSA)and401(k)-We offer these voluntary financial programs to help teammates prepare for their future, as well as other voluntary benefits.
• Paid Leave-In addition to sick days and short-term leave, we offer holidays, vacation days, personal days, andadditionaltypes of leave– including parental leave.
• Well-Being– Also included in our offering is a Teammate Assistance Program (TAP), Calm Health, Cancer Resources Services, and discount programs– all at no cost to you.

The anticipated salary range is up to $170,000.00, plus annual incentive bonus of up to 20%. Actual compensation offered may vary based on job related factors such as experience, skills, education and location. For internal teammates, a compensation percentage increase will be reviewed and determined in partnership with HR, taking into consideration internal equity and relevant experience.

Position Summary

Manages Owens & Minor’s leased and owned real estate portfolio and serves as the primary relationship manager for the company’s outsourced real estate brokerage partner. The role provides oversight of all real estate activities, including site options, lease and sublease negotiations, renewals, dispositions, portfolio optimization, and transaction management, ensuring alignment with the company’s operational, financial, and long-term network strategy.

Core Responsibilities

• Develop and execute real estate strategies for the company's U.S. and global portfolio, ensuring facilities, transactions, and investments align with operational requirements, growth plans, and financial objectives.
• Partner with Operations, Engineering, Network Optimization, Finance, IT, Security, Legal, and other stakeholders to define facility requirements, business needs, geographic criteria, and project objectives for new facilities, expansions, relocations, and major facility modifications.
• Serve as the primary relationship manager for the company's outsourced real estate brokerage partner, providing strategic direction, establishing priorities, monitoring performance, and overseeing site searches, market intelligence, transaction support, portfolio reporting, and real estate alternatives.
• Direct and coordinate the evaluation of build-to-suit developments, existing facilities, sale-leaseback opportunities, and other real estate solutions, presenting qualified options and recommendations to leadership for decision-making.
• Oversee negotiations for letters of intent, leases, amendments, renewals, subleases, purchase and sale agreements, development agreements, tenant improvement provisions, and other real estate-related contracts.
• Manage the company's leased, subleased, and owned real estate portfolio, including lease administration, renewals, terminations, disposition strategies, critical lease obligations, compliance requirements, and landlord commitments.
• Act as the primary liaison with landlords, developers, property managers, and other external real estate stakeholders to resolve lease-related matters, support negotiations, and protect the company's commercial interests.
• Partner with Operations and Engineering to coordinate tenant improvements, facility repairs, maintenance obligations, capital improvements, and building modifications requiring landlord participation, approval, financial contribution, or contractual compliance.
• Review and coordinate facility designs, project scopes, lease obligations, cost allocations, landlord responsibilities, reimbursement opportunities, tenant improvement allowances, and related documentation to ensure alignment with operational and financial objectives.
• Monitor portfolio performance and identify opportunities to reduce occupancy costs, improve asset utilization, consolidate facilities, mitigate risk, recover landlord obligations, and increase portfolio flexibility.
• Establish and maintain governance, documentation, reporting, and approval processes related to real estate transactions, lease obligations, portfolio activities, and property records.
• Prepare and maintain portfolio dashboards, forecasts, transaction updates, and executive-level decision support materials for senior leadership.
• Support annual budgeting, forecasting, and long-range planning for rent, operating expenses, capital projects, tenant improvements, transaction costs, repairs, and other real estate-related expenditures.

Qualifications

• 10 - 15+ years of experience managing commercial real estate and projects of similar scope and impact. Broad knowledge of a discipline such as chemical, distribution, electrical, or mechanical engineering, behavioral science, finance or business administration.

Additional Requirements

• 30% travel.
• Remote/Inside working conditions.
• Occasional exposure to elements such as noise, dust or heat in warehouse.

Owens & Minor is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, sex, sexual orientation, genetic information, religion, disability, age, status as a veteran, or any other status prohibited by applicable national, federal, state or local law.

At Owens & Minor, our greatest strength is the unrivaled dedication of our teammates. Powered by more than 14,000 teammates worldwide, Owens & Minor delivers comfort and confidence behind the scenes so healthcare stays at the forefront.