Real Estate Manager at Zayo
Zayo provides mission-critical bandwidth to the world’s most impactful companies, fueling the innovations that are transforming our society. Zayo’s 133,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. Zayo’s communications infrastructure solutions include dark fiber, private data networks, wavelengths, Ethernet, dedicated Internet access, and colocation services. Zayo owns and operates a Tier 1 IP Backbone and 44 carrier-neutral data centers. Through its Cloudlink service, Zayo provides low latency private connectivity that attaches enterprises to their public cloud environments. Zayo serves wireless and wireline carriers, media, tech, content, finance, healthcare and other large enterprises.
The Real Estate Manager position is an integral role with a broad set of strategic and tactical objectives focused on the management of Zayo Networks’ real estate portfolio to ensure long term capacity in place to support revenue growth. Strategic management of the current portfolio with an eye for potential cost savings & ISP optimization will be critical. Experience managing real estate, preferably in the telecom industry, is a key requisite for this role.
This role will interface with a broad set of individuals at Zayo, and the ability to develop productive relationships with other functional teams will be critical: product management, corporate finance, corporate development, sales, network, operations and engineering, legal, etc.
Management of Zayo Networks’ real estate portfolio in the Mountain region, including key PoP sites, ILAs and Building Access Agreements; key point of contact for ongoing commercial dialogue with landlords and property managers
Commercial lead on facility renewals, footprint expansions and reductions, relocations, site acquisitions, and any other real estate activity
Identification and financial/commercial evaluation of new builds, site purchases, and new lease evaluations in various US and international markets; broker/agent relationship management and engagement, negotiation and execution of new leases and purchase agreements, and evaluation of complex/creative expansion models to accommodate near term and long-term cost optimization objectives
Real Estate group’s point person on business cases, with full financial projections & alternative analyses, to secure internal (executive, CEO, Board of Director) approval for real estate activity
Support and leadership of real estate due diligence during site acquisition activity, including commercial lead on purchase agreements, title transfer, environmental and other property testing, etc.
Ongoing scanning of existing portfolio to determine areas of potential cost optimization by virtue of right-sizing space, lease terminations, etc.
Bachelor’s degree in Finance or Business; MBA or other relevant Masters’ Degree preferred but not required
5-7 years of real estate and/or telecommunication experience
Strong financial and analytical skills: ability to define problems, collect data, establish facts, draw valid conclusions and make sound recommendations
Exceptional attention to detail
Strong work ethic and ability to effectively manage a high-volume workload
Excellent communication, interpersonal, organizational and time management skills
Strong sense of teamwork and willingness to support others in meeting group objectives
High energy and motivation; commitment to learning and having fun in an often stressful environment
- Competitive compensation
- Excellent benefits including health, dental, vision, 401 (k), disability and life insurance
- Fitness membership discounts
- Generous paid time off policy including paid parental leave