Cellular Real Estate Specialist

JOB DESCRIPTION AND POSITION REQUIREMENTS:

The Office of Physical Plant is an organization driven by its mission to “Provide Excellent Facilities Services for Penn State.” Our values model those of Penn State’s and we are especially committed to our vision to “have a culture of inclusion and diversity where everyone enjoys coming to work.” As a member within Physical Plant, it will be expected that the incoming leader be able to embody and model Penn State’s commitment to diversity, equity, and inclusion as well as the commitment expressed by Finance and Business .

The Penn State University Real Estate Services office is seeking a Real Estate Specialist 4. The selected candidate's primary role will be to facilitate lease negotiations for the University's overall cellular portfolio, which includes towers, rooftops, buildings, Distributed Antenna System (DAS), and ancillary structures, with an increasing focus on plans for supporting turnkey small cell technology. Prior cellular property management experience is essential as the individual will oversee third party management of the University's cellular agreements, including documentation, maintenance, capital improvements, and financial reporting/budgeting.

In addition, this position will oversee lease negotiations for University personnel to occupy leased space, which involves interaction with landlords, tenants, and stakeholders. Strong interpersonal communication and teamwork skills are necessary to perform collaboratively concerning processes, contracts, and critical details.

The ideal candidate is highly motivated and self-directed with advanced knowledge of real estate principles, practices, procedures, and legal documentation relative to the commercial real estate industry. The ability to work independently, meet time-sensitive deadlines, prioritize requests and workload, and understand transactions' financial implications is crucial. The ideal candidate will be required to learn new concepts, display attention to accuracy and detail, and resolve challenges with minimal supervision.

Minimum Qualifications:

• Typically requires a Bachelor's degree and two years of experience but five years of relevant experience in commercial real estate, or a combination of education and relevant experience, is preferred
• In-depth knowledge of the cell tower industry and two years of direct involvement in cellular lease negotiations
• Proficiency in using Microsoft Excel, Word, PowerPoint, and familiarity with other real estate management software tools is required
• Proven ability to professionally and effectively control and participate in multiple projects of varying priorities in a fast-paced environment
• Ability to establish and maintain respectful and effective relationships with management, co-workers, and customers
• Strong commitment to diversity and inclusion is required
• Hold an active Pennsylvania real estate license
• Demonstrated career interest in real estate

Preferred Qualifications:

• Ten years of direct experience negotiating lease terms and relevant experience in reviewing legal documents in the cellular industry
• Ten years of direct experience in real estate transactions, including evaluation, leasing, and management of owned and leased properties
• At least five years experience in a leadership role within a real estate department
• Broad familiarity and experience with a wide array of real estate transactions
• General understanding of lease administration and property management processes
• Experience developing financial analyses of cellular real estate deals
• Experience with higher education real estate is preferred
• Experience with AMTdirect
• Pennsylvania Associate Broker or Broker's license

This position requires that you operate a motor vehicle as a part of your job duties. A valid driver’s license and successful completion of a motor vehicle records check will be required in ad dition to standard background checks.

CAMPUS SECURITY CRIME STATISTICS:

Pursuant to the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act and the Pennsylvania Act of 1988, Penn State publishes a combined Annual Security and Annual Fire Safety Report (ASR). The ASR includes crime statistics and institutional policies concerning campus security, such as those concerning alcohol and drug use, crime prevention, the reporting of crimes, sexual assault, and other matters. The ASR is available for review here .

Employment with the University will require successful completion of background check(s) in accordance with University policies.

EEO is the Law

Penn State is an equal opportunity, affirmative action employer, and is committed to providing employment opportunities to all qualified applications without regards to race, color, religion, age, sex, sexual orientation, gender identify, national origin, disability or protected veteran status. If you are unable to use our online application process due to an impairment or disability, please contact 814-865-1473.