Real Estate Project Specialist

Are you a Real Estate Professional Looking for a New Challenge?

Join Public Infrastructure as a Real Estate Project Specialist!

Starting salary up to $65.74/hour ($137,207/year) and a competitive total compensation package!*

Under the direction of the Real Estate Manager, the Real Estate Project Specialist performs real property acquisitions, dispositions, and leasing transactions. They lead cross-functional project teams and direct retained consultants within approved scopes. The Real Estate Project Specialist prepares and reviews agreements for real property transactions, ensures that facilities are maintained according to contract obligations, conducts financial feasibility and market studies, and prepares and reviews resolutions and staff reports for the Board of Supervisors. Additional duties also include:

Assisting the Real Estate Manager in County-wide facility planning, space utilization, and financial analysis

Developing and clearly explaining comparative analyses of lease versus purchase options, rent and escalation structures, net versus full-service costs, tenant improvements, operating expenses, property value, and transaction timelines

Managing property acquisitions for County use, including due diligence, appraisal and title coordination, negotiations, agreements, and closing support

Representing the County as the landlord or licensor of County-owned property, including handling negotiations, renewals, revenue terms, and coordinating operational and maintenance obligations with Facilities Management

The ideal candidate for the Real Estate Project Specialist position will be able to read and critically assess commercial leases, purchase and sale agreements, licenses, MOUs, rights of entry, and telecom agreements, and effectively identify business risks, missing terms, and issues for County Counsel. They will also possess many of the following:

Experience with purchase and sale agreements, commercial tenant and landlord leasing, licenses, telecommunications occupancy agreements, rights of entry, and/or public property dispositions

A practical understanding of title, survey, appraisal, environmental and building due diligence; lease economics, tenant improvements, property operations, risk allocation, and the points that warrant legal or technical review

Proven success advising clients or executives with competing priorities, negotiating with owners or tenants, and translating financial and legal issues into clear recommendations

Effective oral, written, and business communication skills

Knowledge of real estate appraisal principles and practices and familiarity with the California Surplus Land Act

The ability to conduct market research, assess property fit and due diligence reports, manage concurrent milestones, negotiate effectively, and write concise decision memos and Board materials

Experience presenting findings and facilitating meetings for audiences ranging from department staff to senior leadership and elected officials

Intermediate to advanced Microsoft Office Skills including Excel, Word, PowerPoint, and Outlook

What We Offer

Working at the County of Sonoma offers expansive opportunities for growth and development, the ability to be a part of a challenging and rewarding work environment, and the satisfaction of knowing you're working to better our communities. You can also look forward to flexible work arrangements and excellent benefits* including:

Hybrid Telework - A schedule that meets the needs of our staff, department operations, and the communities we serve may be available depending on the assignment

Salary Advancement - A salary increase after 1,040 hours (6 months when working full-time) for good work performance; eligibility for a salary increase for good performance every year thereafter, until reaching the top of the salary range

Paid Time Off - Competitive vacation and sick leave accruals, 12 paid holidays, and an additional 8 floating holiday hours per year

Staff Development/Wellness - Annual benefit allowances of up to $2,000 and ongoing education/training opportunities

County Paid Health Premium Contributions - 100% premium contribution for the majority of employee-only and employee + family health plan options

Post-Retirement Health Reimbursement Arrangement - County contributions to help fund post-retirement health insurance/benefits

Retirement - A pension fully integrated with Social Security

Incentive Retirement Savings Plan (IRSP) and 457 Voluntary Deferred Compensation - 3% of salary County contribution to a 401(a), in addition to the County matching up to 1% of base salary in 401(a), based upon employee contribution

Paid Parental Leave - May be eligible for up to 8 weeks (320 hours) after 12 months of County employment

Additional Benefits: Excellent dental, vision, disability, life insurance, employee assistance program, professional development, and more

Student Loan Debt Relief – County employees may be eligible for Public Service Loan Forgiveness through the U.S. Department of Education

About the Department

Sonoma Public Infrastructure (SPI) plans, builds, manages, and maintains the County of Sonoma's investment in critical services and quality infrastructure. SPI's multiple Divisions are dedicated to providing construction and maintenance services throughout the community, including:

Administration

Airport - operates and maintains airfield facilities for general and commercial services as well as corporate, recreational, law enforcement, emergency medical transport, and firefighting aircraft

Integrated Waste (Refuse) - provides ecologically sound solid waste disposal, natural gas recovery, recycling, community hazardous waste disposal, and composting programs to the County

Roads - performs design, construction, and maintenance of all roads, bridges, and minor drainage systems within the County road system, and keeps roads open and safely passable for the public

Transit - delivers cost-effective public transportation services to meet the public's transit needs

Water Systems - operates, maintains, and improves the Fitch Mountain, Salmon Creek, Freestone, and Jenner water systems

Fleet Operations

Facilities Development Management

About Sonoma County

The County of Sonoma offers a rare and compelling array of scenic, recreational, and geographic characteristics that include over 200 award winning wineries, majestic redwoods, inspiring coastline and beaches, and the vibrant Russian River. Encompassing over one million acres of land and water, rich with agriculture, parks, campsites, lakes, and open spaces, the County is home to over 500,000 residents and offers a wide variety of art and music festivals, farmers' markets, and concert venues. Local schools continually rank high on California's Academic Performance Index, and the Santa Rosa Junior College and Sonoma State University offer higher education opportunities.

Please visit sonomacountyconnections.org for more information about Sonoma County, the place to live, work, and build your career.

*Salary is negotiable within the established range. Benefits described herein do not represent a contract and may be changed without notice. Additional information can be found in the Salary Resolution (SalRes) and our Employee Benefits Directory.This recruitment is being conducted to fill a Real Estate Project Specialist position in Sonoma Public Infrastructure. This employment list may also be used to fill future full-time, part-time, or extra-help (temporary) positions as they occur during the active status of the list. Qualified County employees who wish to be considered for future positions should consider applying to this recruitment.

Application submissions require the Supplemental Questionnaire be completed.