New York’s University of Rochester has created a new position to lead its real estate strategy.
Andrea Tompkins Wright, an attorney and senior vice president of property management at Broadstone Net Lease Inc., was appointed the inaugural associate vice president for real estate, portfolio management, and planning. She begins in the new role on March 25 and will be responsible for the oversight of the university’s real estate assets and aligning future opportunities – which will include the acquisition, sale, leasing, and planning of real estate opportunities and managing real estate and space planning operations for the entire university portfolio, and the property management oversight for university-owned and -managed properties.
The university has a portfolio of 12 million square feet of leased and owned property.
“Real estate strategy has always played a vital role at the university and its medical center, but it is particularly important now as ‘Boundless Possibility,’ the university’s 2023 strategic plan, defines our collective direction and vision for the next six years and beyond,” says Elizabeth Milavec, executive vice president for administration and finance, chief financial officer and treasurer. “In this inaugural role, Andrea will take a portfolio approach to this important University asset, strategically assessing the university’s locations, land, building types, utilization, lease terms, operating costs, and more.”
Photo: Andrea Tompkins Wright
;
