Director-Real Property
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![]() United States, Washington, Seattle | |
![]() 401 South Jackson Street (Show on map) | |
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Description
Salary range is $154k to $268k, with a midpoint of $211k. New hires typically receive between minimum and midpoint, however, we may go slightly higher based on experience, internal equity and market. Sound Transit also offers a competitive benefits package with a wide range of offerings, including:
GENERAL PURPOSE: Reporting to the Executive Director of the Center of Excellence, the Director of Real Estate provides strategic and operational leadership for all real property functions across Sound Transit's multi-billion-dollar capital portfolio. This position is responsible for developing and executing comprehensive real estate strategies that directly support the agency's program delivery, operational needs, and long-term land stewardship goals. The Director oversees all aspects of property acquisition, relocation, and management across all lines of business-ensuring full compliance with federal and state laws and regulations, as well as agency policies, procedures, and guidelines, while maximizing federal funding participation. The role also provides expert real estate services and strategic advice to internal agency partners in finance, facilities, operations, and transit-oriented development (TOD). This position is crucial for the successful implementation of the agency's high-capacity transportation system and includes responsibility for: developing and implementing strategies for acquiring large volumes of real property necessary for the high-capacity system; overseeing the planning, development, and execution of property acquisition plans; and planning, oversight, and management of the full lifecycle of real estate activity including:
The successful candidate will have demonstrated experience with all aspects of real property acquisition process as reflected in the Essential Functions Section below as well as the demonstrated ability to:
This is a highly visible leadership role requiring a balance of strategic foresight, real estate technical depth, collaborative leadership, and comfort operating in public-facing, high-stakes environments. ESSENTIAL FUNCTIONS: The following duties are a representative summary of the primary duties and responsibilities. Incumbent(s) may not be required to perform all duties listed and may be required to perform additional, position-specific duties. As a key member of Sound Transit's leadership team, the Director of Real Estate drives results through strategic foresight and planning, expert judgment, and collaborative execution-ensuring the agency's real estate assets and acquisition strategies support sustainable, equitable, and cost-effective transit delivery. This role leads a high-impact division responsible for the full lifecycle of real estate services across the agency's multi-billion-dollar capital program. The Director brings seasoned leadership to internal teams, consultant partners, external stakeholders, and executive decision-makers to ensure that Sound Transit's projects are delivered with excellence, fiscal stewardship, and community trust and in compliance with state and federal laws and regulations as well as agency policy, procedures, and guidelines.
This role is responsible for overseeing a historic volume of land acquisition across the Puget Sound region, encompassing more than 2,000 property purchases over a seven-year period and managing an estimated portfolio valued at approximately $1 billion.
Sets the strategic vision for Sound Transit's real estate function and leads implementation across all capital programs. Advises senior leadership and regularly presents to the Sound Transit Board on strategy, risk, compliance, and outcomes. Partners cross-functionally with internal departments, city partners, legal counsel, and stakeholders to align real estate activities with agency objectives and delivery goals.
Leads the development and implementation of the annual Real Property Strategy Plan, including performance metrics, cost targets, and measurable KPIs. Ensures that all property transactions comply with applicable federal, state, and agency laws and policies-maximizing federal participation. Explore early acquisition strategies, innovative delivery models, and cost-saving solutions, consistent with Sound Transit's legal requirements to maximize federal participation in funding projects while improving project schedule certainty and community outcomes without compromising the overall budget.
Develops and leads respectful, transparent real estate engagement strategies with impacted communities and property owners. Serves as a key liaison to external partners including elected officials, cities, and public agencies. Represents the division in public meetings, hearings, and Board briefings. Resolves sensitive and controversial property-related issues through diplomacy and strategic negotiation.
Manages, mentors, and evaluates the performance of assigned real estate staff. Oversees staff training, succession planning, workload prioritization, and team structure to ensure strong performance and professional growth. Develops and implements developmental work plans, and provides coaching, discipline, or corrective action as needed.
Coordinates real estate delivery across projects and lines of business, collaboratively working with project teams to assess cross-project priorities, and provides internal support for finance, TOD, operations, and project controls. Conducts organizational studies, monitors service efficiency, and assesses the need for and recommends changes to staffing levels, functional processes, and division policies. Ensures regulatory compliance and continuous improvement in service delivery.
Manages consultant contracts and professional service agreements related to property acquisition, appraisals, title, relocation, and property management. Ensures contractor performance aligns with scope, schedule, budget, and agency policies, including DBE and EEO and environmental stewardship.
Oversees preparation and management of the real estate division's annual operating and capital budgets. Ensures accurate forecasting, expenditure tracking, and documentation in partnership with Project Controls and Finance. Reviews and approves financial transactions related to property acquisition, leasing, and consulting services.
Prepares and delivers clear, concise, and accurate communications to senior leadership, executive staff, and the Sound Transit Board. Summarizes complex real estate strategies, legal processes, and funding considerations to support timely, informed decision-making and public accountability.
Serves on internal and external committees, task forces, and advisory groups. Maintains awareness of emerging trends, industry best practices, and changes in laws and regulations. Represents Sound Transit at professional meetings, public forums, and inter-agency coordination efforts.
Champions Sound Transit's core values and equity commitments. Supports economic development programming, safety, and quality in all work practices and team culture. Promotes ethical conduct, continuous improvement, and a collaborative, high-performing workplace environment.
MINIMUM QUALIFICATIONS: Education and Experience: Bachelor's degree in Business Administration, Insurance, Real Estate, Finance or closely related field; Eight years in real estate including right of way acquisition, relocation, property management, and relocation assistance for federally funded programs; Or an equivalent combination of education and experience. Six years of leadership, budgetary, planning and workforce management experience. Required Licenses or Certifications:
Required Knowledge and Skills: 1. Technical Real Estate Expertise
2. Leadership, Strategy & Program Management
3. Legal & Regulatory Knowledge
4. Communication & Stakeholder Engagement
5. Operational & Administrative Skills
Physical Demands / Work Environment:
Sound Transit is an equal employment opportunity employer. No person is unlawfully excluded from employment action based on race, color, religion, national origin, sex (including gender identity, sexual orientation and pregnancy), age, genetic information, disability, veteran status or other protected class. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor. |