AVP Real Estate Strategy & Operations
MultiCare Health System
Tacoma, Washington
Full-Time
$186,742
HybridExecutive
Join a team that shares your calling
At MultiCare, you’re more than just a job title — you’re part of a team built on trust that cares for each other, our patients and our communities. Belonging here means living our mission and values every day. If your purpose and passions align with ours, you’ll find a place to grow, do meaningful work and build a career you love in a community that feels like home.
FTE: 1.0, Shift: Day, Schedule: Mon-Fri Business Hours
The Pay Scale is $186,742.40 to $268,715.20
Position Summary
The Associate Vice President (AVP), Real Estate Strategy & Operations is an executive responsible for providing strategic leadership and operational oversight for MultiCare Health System’s real estate portfolio. The AVP supports enterprise-wide planning, acquisition, leasing, development, and management activities across the system.Essential Functions
Strategic Real Estate Leadership
Partner with the VP & Chief Real Estate Officer to develop and implement systemwide real estate strategies aligned with organizational priorities.
Provide executive-level insight on real estate implications of strategic initiatives, clinical expansion, ambulatory growth, and capital investments.
Develop executive briefings, board materials, and strategic analyses to inform system decisions.
Represent the real estate function in multidisciplinary forums, committees, and leadership councils.
Portfolio, Acquisition & Transaction Management
Partner with CREO to evaluate potential real estate acquisitions, leases, and dispositions, including market assessments, feasibility studies, zoning reviews, and cost analyses.
Oversee leasing strategy, negotiations, term evaluations, and compliance across the system’s leased and owned portfolio.
Oversee due diligence activities for transactions, coordinating appraisals, environmental assessments, legal review, and internal stakeholders.
Planning, Space Utilization & Master Planning
Oversee enterprise space planning and utilization programs, ensuring efficient, cost‑effective use of existing facilities.
Oversee development and implementation of systemwide space standards, programming guidelines, and planning tools.
Lead or manage consultant teams responsible for master planning, feasibility studies, campus plans, and development scenarios.
Land Development & Entitlement
Oversee the entitlement and permitting strategies for new development, expansion, and redevelopment projects.
Partner with CREO to serve as liaison with municipal planning departments, regulatory agencies, and external legal counsel related to land-use and zoning.
Provide oversight of environmental review processes, site feasibility assessments, and site development planning.
Operational Oversight & Leadership
In partnership with the CREO, establish and refine operational processes, governance structures, financial analyses, and reporting tools to support a high-performing real estate department.
Oversee real estate analytics platforms, portfolio dashboards, lease management systems, and internal reporting.
Mentor staff, manage external consultants and brokers, and promote a culture of collaboration, accountability, and excellence.
Support annual capital planning efforts and ongoing alignment with Finance, Strategy, Facilities, and Planning & Construction.
Requirements
Bachelor’s degree required; preferred fields include real estate, business administration, finance, urban planning, architecture, or related areas.
Master’s degree (MBA, MRED, MHA, MSRED, or related) preferred.
Minimum 10 years of progressive experience in commercial real estate, healthcare real estate, development, portfolio management, facilities planning, or related fields.
Strong understanding of real estate valuation, leasing, entitlements, development of lifecycles, and financial analysis.
Experience working within MultiCare Health System or a comparable integrated healthcare provider strongly preferred.
Proven ability to lead multidisciplinary teams, manage complex projects, and collaborate at executive levels.
Advanced experience preparing financial models, market analyses, and decision-support documentation.
Requires periodic travel, public meeting attendance, and coordination with governmental and regulatory bodies.
Why MultiCare?
Rooted in the local community
Partnering with patients, families and neighbors across the Pacific Northwest for more than 140 years.
Growth and education
Competitive tuition assistance, award-winning residencies, fellowships and career development to invest in you.
Well-being and support
Generous PTO, Code Lavender and Employee Assistance Programs to help you maintain balance and feel cared in your work and life.
Living our values
Respect, integrity, kindness and collaboration guide how we care for patients, communities and each other.
Belonging for all
Resource Groups and outreach programs help ensure every team member feels safe, seen, heard and valued.
Pacific Northwest lifestyle
Work and live where natural beauty, adventure and strong community connections are part of everyday life.
Pay and Benefit Expectations
We provide a comprehensive benefits package, including competitive salary, medical, dental and retirement benefits and paid time off. As required by various pay transparency laws, we share a competitive range of compensation for candidates hired into each position. Pay is influenced by factors specific to applicants, including but not limited to: skill set, level of experience, and certification(s) and/or education. If this position is associated with a union contract, pay will be reflective of the appropriate step on the pay scale to which the applicant’s years of experience align.Associated benefit information can be viewed here.