Owned Real Estate Transaction Manager - DR025

Are you a real estate professional with experience advising clients and managing real estate transactions from start to finish?

Do you have experience with real estate transactions for communication towers?

Come join DGS as a Transaction Manager for Owned Real Estate!

Title: Owned Real Estate Transaction Manager - DR025

State Role Title: Land Acquisition and Property Management Agent III

Hiring Range: $77,250 - $92,700

Pay Band: 5

Agency: Department of General Services (DGS)

Location: Washington Building

Agency Website: dgs.virginia.gov

Recruitment Type: General Public - G

The DGS Division of Real Estate Services (DRES) seeks to hire a real estate professional to serve as a Transaction Manager for Owned Properties.

DRES supports state departments, agencies, and institutions and their public missions by providing high quality real estate that is cost effective and functionally efficient. DRES also manages the Commonwealth's broad real estate portfolio, ensuring compliance with applicable laws, policies, procedures, guidelines, and best practices.

As part of the Owned Property team, this Transaction Manager supports DRES by providing effective leadership and direction in developing and achieving strategic goals for acquisition, use, and disposal of real property interests for the Commonwealth’s communication tower portfolio. The position helps ensure that client agencies receive timely real estate services and are provided the facilities they need at the most economical cost. The position provides expert advice and assists agencies in strategic planning, defining facility needs, selecting facilities that meet those needs, obtaining necessary services, conducting and negotiating transactions, and reviewing transactions and documents to make informed recommendations for approval by the Governor.

Job duties and responsibilities include, but are not limited to:

• Draft and review real estate transaction documents.
• Understand and effectively communicate the requirements for and be able to conduct solicitations for and award assignments for performing, appraisals, surveys, title searches and insurance, environmental, property condition assessments, and Environmental Impact Reports.
• Effectively communicate at all stages of the transaction cycle, from the identification of acquisition site targets to capital outlay approvals, due diligence performance, and closing.
• Manage and monitor the Commonwealth’s communications lease portfolio, including monitoring utilization of facilities, developing and recommending lease terms, and managing DRES broker’s delivery of services.
• Input data in CoVA Trax and ensure that transaction documentation is maintained.

This position will be located in Richmond, Virginia and must report on-site. This position is eligible for a hybrid telework schedule (telework up to 2 days*/week) upon completion of an approved telework agreement.

We’ve got great benefits!

DGS offers excellent health benefits at affordable pricing, pre-tax spending accounts, paid life insurance, paid Short- and Long-Term Disability benefits, paid holidays, vacation, and other leave benefits, wellness programs, and a state retirement plan with options for tax-deferred retirement savings including employer matching. Additionally, DGS is a qualifying employer for the Public Service Loan Forgiveness Program.

Minimum Qualifications

• Knowledge of real estate principles, practices, and laws.
• Experience managing real estate transactions, including the acquisition and disposition of real property, from start to finish.
• Experience with real estate transactions for communication towers.
• Experience in reviewing title work, real estate appraisals, and surveys.
• Experience acting decisively and accurately in advising and assisting client agencies.
• Experience performing basic financial analyses.
• Excellent verbal and written communication skills, including strong customer service and negotiating skills and experience effectively present ideas and concepts to co-workers, agencies, managers and vendors.
• Solid analytical and organizational skills and ability to multi-task.
• Ability to work independently and as part of a team.
• Skill in use of PCs, including experience with word processing software, spreadsheets, and real estate management software.

Additional Considerations

• Knowledge of laws, policies and guidelines governing conduct of real estate transactions by departments, agencies, and institutions of the Commonwealth of Virginia.
• Experience negotiating and managing the acquisition and disposal of real estate interests, including easements and fee interests.
• Experience drafting documents for real estate transactions.
• Experience analyzing commercial real estate transactions, including financial data and transaction documents.
• Experience reviewing, drafting, or analyzing communication tower leases.
• Understanding of architectural, MEP drawings, and construction methods and materials.

Special Instructions

Applications will continue to be accepted until a suitable pool of candidates is received, but this position may be closed at any time after March 3, 2025. Applicants in need of accommodation during the application and/or interview process may contact DGS at 804-786-3910 for assistance.

The online state application must contain all required information and fully respond to questions to be considered for this job opportunity. Online applications should be submitted via jobs.virginia.gov and include your resume and a cover letter. While we encourage you to review all of the requirements and additional considerations in drafting your cover letter, we encourage you to specifically address both of the following:

Fax, e-mail, or mail applications will not be accepted. For assistance or computer access, please visit your local Virginia Employment Office or contact our office jobs@dgs.virginia.gov or 804-786-3910.

You will be provided a confirmation of receipt when your application has been successfully submitted. Please refer to the “Your Application” page in your account to check the status of your application for this position.

Sponsorship will not be provided for this position now or in the future. Confirmation of eligibility to work will be required at time of hire. DGS will record information from each new employee’s Form I-9 (Employment Eligibility Verification) into the Federal E-Verify system to confirm identity and work authorization.

The selected candidate must also pass a criminal background check and driving records check.

The Virginia Department of General Services is an equal opportunity employer and a proud Virginia Values Veterans (V3) Certified employer. Individuals from minoritized groups, individuals with disabilities, veterans, and individuals with AmeriCorps, Peace Corps, and other national service experience are encouraged to apply.

In support of the Commonwealth’s commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at 800-552-5019.

Note: Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.