Job Title

Job Description Location: Chicago, Illinois Business Unit: Rush Medical Center Hospital: Rush University Medical Center Department: Corp Real Estate Services Work Type: Full Time (Total FTE between 0.9 and 1.0) Shift: Shift 1 Work Schedule: 8 Hr (8:00:00 AM - 5:00:00 PM) Rush offers exceptional rewards and benefits learn more at our Rush benefits page ( Pay Range: $57.36 - $85.47 per hour Rush salaries are determined by many factors including, but not limited to, education, job-related experience and skills, as well as internal equity and industry specific market data. The pay range for each role reflects Rushu2019s anticipated wage or salary reasonably expected to be offered for the position. Offers may vary depending on the circumstances of each case. Summary: The Director of Corporate Real Estate leads strategy, planning, and execution of real estate activities across the Rush University System for Health. This position oversees leasing, acquisitions, dispositions, and site development in support of the systemu2019s clinical, academic, research, and administrative needs. The role focuses on real estate administration and predevelopment, including site selection, market analysis, lease/purchase negotiation, entitlement strategy, and coordination with external brokers, counsel, and development partners. The Director works closely with internal teams across Planning, Design & Construction, Facilities, Strategy, Legal, and Finance to ensure alignment between capital deployment and system priorities. The role also manages a team responsible for lease administration, vendor management, and property operations for Rush-controlled properties. Success in this role will be measured by real estate portfolio performance (cost per SF, utilization rate), timely execution of transactions, internal customer satisfaction, and achievement of long-term location strategy goals. Other information: Required Job Qualifications: uf0a7 Education: Bacheloru2019s degree in real estate, business, architecture, urban planning, or related field uf0a7 Experience: Minimum 10 years of progressive experience in corporate real estate, development, brokerage, or transaction management uf0a7 Skills: uf0a7 Demonstrated ability to manage lease and property portfolios in complex, multi-site organizations uf0a7 Strong understanding of real estate finance, site selection, and entitlement processes uf0a7 Ability to lead negotiations and coordinate multidisciplinary internal and external teams uf0a7 Proven experience managing direct reports and operating budgets uf0a7 Knowledge of commercial lease structures, landlord/tenant law, and fair market value (FMV) standards uf0a7 Ability to develop and present complex materials to executive and board-level audiences Preferred Job Qualifications: uf0a7 Education: Masteru2019s degree in business, real estate, healthcare administration, or related field uf0a7 Experience: Experience in healthcare or academic center real estate uf0a7 Skills: Familiarity with fair market value (FMV) assessments, lease accounting standards and space utilization tools or platforms Physical Demands: uf0a7 Work is primarily performed in a professional office environment. uf0a7 Requires extended periods of sitting, computer use, and meetings. uf0a7 Occasional walking or standing during site visits, including construction or clinical settings. uf0a7 Ability to travel locally and occasionally out-of-state for property tours, negotiations, or project coordination. uf0a7 May require use of PPE when entering construction zones or clinical environments. Disclaimer: The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or requirements. Responsibilities: Real Estate Strategy & Planning uf0a7 Develop and maintain the long-range Corporate Real Estate strategy in collaboration with system leadership uf0a7 Assess space needs and market opportunities to support ambulatory, administrative, academic, and support service space needs uf0a7 Analyze and recommend lease vs. own scenarios and evaluate financial and operational impacts uf0a7 Prepare executive briefings, Board-level presentations, and business cases for key real estate initiatives uf0a7 Partner with executive leadership to translate system priorities into location and facility strategies uf0a7 Maintain real estate pipeline and support 5-year capital planning uf0a7 Track and report real estate KPIs, market benchmarking, and utilization metrics to inform decision-making uf0a7 Support scenario planning and real estate portfolio modeling to optimize cost, access, and growth readiness Transaction Oversight uf0a7 Serve as lead point of contact for real estate transactions including new site acquisition, leasing, dispositions, and space expansion uf0a7 Coordinate negotiations and documentation with brokers, legal counsel, and counterparties uf0a7 Draft and review Letters of Intent, RFPs, and deal terms uf0a7 Manage due diligence, title, zoning, and entitlement processes in partnership with internal stakeholders and external consultants uf0a7 Attend or coordinate participation in public meetings and hearings as needed uf0a7 Lead negotiation of business terms and transaction structuring in coordination with counsel and Finance uf0a7 Support FMV assessments and regulatory compliance as required for healthcare transactions uf0a7 Coordinate internal approvals and documentation workflows in partnership with Legal, Compliance, and Finance Internal Coordination & Transition uf0a7 Work closely with Planning, Design & Construction to establish project assumptions, cost/schedule targets, and program requirements prior to project handoff uf0a7 Coordinate with Facilities teams on operational integration, readiness planning, and landlord/tenant obligations uf0a7 Align internal stakeholders on project goals, scope changes, and timing uf0a7 Ensure project transitions include lease abstracting, defined landlord/tenant obligations, and tenant improvement coordination. Portfolio Oversight & Lease Management uf0a7 Oversee real estate portfolio documentation, lease renewals, and term compliance uf0a7 Support space utilization planning and occupancy strategy for Rush-controlled properties uf0a7 Serve as internal liaison between real estate and Finance & Accounting for lease accounting, budgeting, and reporting uf0a7 Oversee lease administration systems, abstracting, and tracking of critical dates uf0a7 Coordinate with Finance on budgeting, rent escalations, and reconciliation reviews uf0a7 Lead annual lease review process, identifying risks, expirations, and opportunities for consolidation or renegotiation Team Management uf0a7 Directly supervise team responsible for real estate / property management for day-to-day operations and vendor oversight at leased and owned properties uf0a7 Provide coaching, feedback, and performance management for team members uf0a7 Develop and manage real estate-related operating budgets and property-level expense planning uf0a7 Establish service standards and ensure compliance with contractual and regulatory obligations uf0a7 Mentor and develop team members to support succession planning and role clarity uf0a7 Establish KPI dashboards to monitor portfolio performance, cost, and risk Rush is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics. Position Director - Corporate Real Estate Location US:IL:Chicago Req ID 21412