Real Estate Lead for the Americas

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  • Location:
    San Jose, California, US
  • Alternate Location
    US - Remote
  • Area of Interest
    Business Strategy and Operations
  • Compensation Range
    161200 USD - 213700 USD
  • Job Type
    Professional
  • Technology Interest
    *None
  • Job Id
    1432063

*Application deadline will be extended to 12/20/24. 
*Desired location for this role is San Jose, CA. 

 

 

Within Cisco’s Workplace Resources, Strategy and Planning team, we are seeking a Real Estate Lead for the Americas. 

 

The Role  

In this agile environment you will lead all real estate transaction (and lease administration) activity for our leased and owned property, in the Americas. There is particular emphasis on driving value creation for our owned buildings and leading all real estate execution for our associated go-to-market strategies.  

 

About You: 

You have executive presence and creditability with a wealth of subject matter expertise in the areas of property investment, divestment and capital markets brokerage. 

 

You have a demonstrable track record in maximising the go to market value for owned properties in a large corporate setting, through complex transactions, be it purchases, dispositions, or sale-leasebacks.  

 

This knowledge is supported by strong financial appraisal skills to enable direct review or indirect review guidance to team members who are supporting the necessary cost modelling creation.  

 

You possess deep knowledge of land entitlements, environmental and real estate due diligence, and relevant legal frameworks such as the California Environmental Quality Act.  

 

You currently manage a real estate budget in the hundreds of million dollars annually and lead large-scale leasing transactions across the Americas. 

 

Your negotiation skills and industry knowledge enable you to leverage supplier services effectively but fairly.  

 

As a regional expert, you’ll identify portfolio opportunities for the wider team’s consideration and lead cross-functional teams through site selection and deal execution, ensuring alignment with US GAAP accounting standards.  

 

As a team player you’ll lead approximately 70 plus property transactions per annum. Securing best in market commercial terms with support of our outsourced provider who will assist the coordinating, program managing and crafting negotiation, while communicating and collaborating with a diverse group of stakeholders to ensure good governance and successful outcomes. 

 

Allied to these technical skills you subscribe to our purpose, and you are committed to understanding our business’s evolving needs.  

 

You communicate clearly, using coherent storytelling and minimal real estate jargon. As an organized, detail-oriented, and team-focused individual, you support simplification while maintaining strong governance in our practices and handoffs between teams. 

 

Key Governance Responsibilities include: 
The role involves ensuring robust governance by assisting in developing business cases and overseeing the maintaining of proper documentation, contractual or otherwise, and management of critical date events related to our lease agreements by our outsourced provider. These activities include project closeouts, updating lease databases, lease clarification completions by the responsible teams. Regional lease compliance, commitments, and ensuring the accurate rent payments, and producing monthly real estate and KPI reports supported by the regional analyst.  

 

The role seeks opportunities to maximize portfolio value or cost mitigation in the owned and lease property actions taken. Reporting and managing portfolio-related matters through controls and benchmarking in demonstration “of is our performance better than the market and did we maintain flexibility” to our CFO and various interested business and cross functional groups. 

 

Minimum Qualifications:  

  • Hands-on experience managing transactional real estate in a corporate environment.  

  • Minimum of 10 years in corporate real estate, property investment, or capital market experience.  

  • Expertise in real estate financial modelling and real estate market analysis. 

 

Preferred Qualifications:  

  • Strong executive presence and presentation skills.  

  • Professional qualifications (SLCR or RICS).  

  • Master's/MBA in finance, engineering, or property-related fields are preferred.  

  • Proficient in Lean Six Sigma practices and NLS accounting (through a real estate lens). 

 

Why Cisco:  

#WeAreCisco, where each person is unique, but we bring our talents to work as a team and make a difference. Here’s how we do it. 

 

We embrace digital and help our customers implement change in their digital businesses. Some may think we’re “old” (39 years strong) and only about hardware, but we’re also a software company. And a security company. An AI/machine learning company. We even invented an intuitive network that adapts, predicts, learns, and protects. No other company can do what we do – you can’t put us in a box! But “digital transformation” is an empty buzz phrase without a culture that allows for innovation, creativity, and yes, even failure (if you learn from it). 

 

Day to day, we focus on the give and take. We give our best, give our egos a break, and give of ourselves (because giving back is built into our DNA). We take accountability, bold steps, and take difference to heart. Because without diversity of thought and a dedication to equality for all, there is no moving forward. 

 

So, you have colorful hair - don’t care. Tattoos - show off your ink. Like polka dots - that’s cool. Pop culture geek - many of us are. Passion for technology and world-changing - be you, with us. 

We will ensure that individuals who need help during the application process are provided reasonable accommodation to participate, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation. 

 

 

 








    Message to applicants applying to work in the U.S. and/or Canada:

    When available, the salary range posted for this position reflects the projected hiring range for new hire, full-time salaries in U.S. and/or Canada locations, not including equity or benefits. For non-sales roles the hiring ranges reflect base salary only; employees are also eligible to receive annual bonuses. Hiring ranges for sales positions include base and incentive compensation target. Individual pay is determined by the candidate's hiring location and additional factors, including but not limited to skillset, experience, and relevant education, certifications, or training. Applicants may not be eligible for the full salary range based on their U.S. or Canada hiring location. The recruiter can share more details about compensation for the role in your location during the hiring process.

    U.S. employees have access to quality medical, dental and vision insurance, a 401(k) plan with a Cisco matching contribution, short and long-term disability coverage, basic life insurance and numerous wellbeing offerings.

    Employees receive up to twelve paid holidays per calendar year, which includes one floating holiday (for non-exempt employees), plus a day off for their birthday. Non-Exempt new hires accrue up to 16 days of vacation time off each year, at a rate of 4.92 hours per pay period. Exempt new hires participate in Cisco’s flexible Vacation Time Off policy, which does not place a defined limit on how much vacation time eligible employees may use, but is subject to availability and some business limitations. All new hires are eligible for Sick Time Off subject to Cisco’s Sick Time Off Policy and will have eighty (80) hours of sick time off provided on their hire date and on January 1st of each year thereafter.  Up to 80 hours of unused sick time will be carried forward from one calendar year to the next such that the maximum number of sick time hours an employee may have available is 160 hours. Employees in Illinois have a unique time off program designed specifically with local requirements in mind. All employees also have access to paid time away to deal with critical or emergency issues. We offer additional paid time to volunteer and give back to the community.

    Employees on sales plans earn performance-based incentive pay on top of their base salary, which is split between quota and non-quota components. For quota-based incentive pay, Cisco typically pays as follows:

    .75% of incentive target for each 1% of revenue attainment up to 50% of quota;

    1.5% of incentive target for each 1% of attainment between 50% and 75%;

    1% of incentive target for each 1% of attainment between 75% and 100%; and once performance exceeds 100% attainment, incentive rates are at or above 1% for each 1% of attainment with no cap on incentive compensation.

    For non-quota-based sales performance elements such as strategic sales objectives, Cisco may pay up to 125% of target. Cisco sales plans do not have a minimum threshold of performance for sales incentive compensation to be paid.

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