Director, Global Owned Real Estate Asset Management

The application window is expected to close on: 09/06/2026 Job posting may be removed earlier if the position is filled or if a sufficient number of applications are received . Location:  San Jose, California Work Model:  Hybrid in San Jose office Scope:  Global Travel:  Required Reports To:  Senior Director, Real Estate Strategy and Planning   Meet the Team Cisco's Workplace Resources (WPR) group is responsible for managing the physical and digital environments that support Cisco employees globally. Our primary focus is on creating and maintaining a productive, safe, and efficient workplace experience. The Director of Real Estate Global Asset Management leads the global front-end strategy, highest-and-best-use analysis, site selection and disposition, Real Estate due diligence, entitlement, development and master planning support for Cisco’s major owned-real estate assets and large campuses.

This role is responsible for maintaining and increasing Cisco’s owned real estate asset and large campus values.  The Director is responsible for advising on how the company’s owned real estate and large campus portfolio, should best be used, repositioned, reinvested in, expanded, contracted, leased against, or sold to support Cisco’s business strategy. The role will translate business needs, portfolio data, financial inputs, operational requirements, and market conditions into clear recommendations for investment and portfolio governance decisions. The role fills a critical gap by bringing together real estate development planning, portfolio strategy, land-use, entitlement, due diligence, and highest-and-best-use evaluation to drive global owned asset values and portfolio optimization decisions.

Lead the owned and large campus-portfolio optimization and global real estate asset management function across Cisco’s global real estate portfolio. Lead and develop a small team focused on portfolio strategy, asset optimization, development and disposition planning, due diligence, entitlements, financial and risk analysis, and consultant coordination. Analyze the existing owned real estate portfolio to identify highest-and-best-use opportunities, constraints, risks, and long-term strategic options. Partner with WPR’s Global Business Partners to understand long-range business needs, growth plans, operating requirements, and location priorities. Evaluate whether new business demand should be met through existing owned assets, leased alternatives, new real estate acquisitions, redevelopment, repositioning, or disposition, while balancing and maintaining the best asset values for Cisco. Coordinate with Finance, Accounting and Tax to evaluate depreciation, book value, capital investment, operating cost, impairment, and financial, accounting and tax implications of hold, sell, reinvest, reposition, lease, or acquire scenarios. Assess talent, workforce, location strategy, operational adjacency, infrastructure, market, regulatory, and business-continuity considerations. Prepare hold / sell / reinvest / reposition / redevelop / lease / acquire recommendations for portfolio governance approval by Senior Leadership. Source and evaluate new land or property opportunities when existing assets are not the right strategic fit. Lead acquisition and disposition due diligence for property and land, including zoning, entitlement feasibility, title, survey, infrastructure, appraisals, market analysis, development risk and support environmental and energy engagements. Partner with the Real Estate Transactions team on acquisition, disposition, and other market-facing transaction execution. Work with Cisco Procurement and Legal to contract, onboard and manage the best external consultants, including land-use counsel, development planners, appraisers, real estate analysts, due diligence teams, and development advisors. Coordinate with WPR PMO, Design & Construction and WPR Energy, EH&S and Engineering Teams on