Mission
Stewardship of real estate initiatives in support of ¶¶Òõ̽̽’s mission, vision and strategic imperatives.
Services
Provide guidance and services in support of off-campus residential and commercial needs of ¶¶Òõ̽̽ individuals, units, and programs.
- Supporting residential initiatives and individual ¶¶Òõ̽̽ Affiliates with their housing needs off-campus
- Supporting on-campus residential non-student initiatives
- Finding and securing off-campus commercial space for units and programs
- Facilitating, documenting, and managing use of on-campus space by non-¶¶Òõ̽̽ parties
- Fielding real estate transaction inquiries and the acquisition/disposition of ¶¶Òõ̽̽ real property
Primary Responsibilities
Acquisition/Disposition/Development
If there is real estate important to the operations of your unit which the University does not currently own or your unit oversees property it no longer utilizes, please contact Real Estate Operations. Real Estate Operations manage the acquisition, disposition and development process as directed by ¶¶Òõ̽̽ Senior Leadership. Only the University’s Vice President for Finance and Administration and ¶¶Òõ̽̽ Foundation’s Vice President and Chief Financial Officer are authorized to approve real property transfer transactions as outlined in the Board Signing Authority (PDF), including gift transactions. All transactions must follow the Real Property Interest Acquisition, Disposition and Development (PDF) University Operating Procedure.
Historic Leased Lands
Real Estate Operations is charged with executing the University’s directive regarding leased lands. If you need a quitclaim or have any questions, please email realestate@uvm.edu.
Leasing and Other Agreements
Whether you need an office, residential housing, storage, or other off-campus space, or you have on-campus space you wish to allow use by a third party, please contact Real Estate Operations at realestate@uvm.edu. Only the University’s Vice President for Finance and Administration and the Provost have authority to sign leases or agreements for the use of both on and off campus space. Real Estate Operations facilitates searches for space and documents the use at the direction of senior leadership in collaboration with other University partners.
On-Campus
Office: On-campus requests for use of non-lab space by a third party should be sent to Planning Design and Construction using the Space Request Form (PDF). Once approved, Real Estate Operations will facilitate contract negotiations, reviews, documentation, and University notifications.
Lab: On-campus use of research facilities and equipment by a third party is managed by the Office of Vice President for Research. Please contact the Office of the Vice President for Research by completing their Contact Form
Events/Activities: With the exception of the Davis Center, on-campus use of grounds and facilities for events and activities is managed by University Event Services. Requests for an Event/Activity must be submitted through the online (EMS) or, if online reservation is not available, by contacting UES at eventservices@uvm.edu, or the Davis Center at dcevents@uvm.edu.
Off-Campus
For off-campus needs, Real Estate Operations will assist with market research, approvals, negotiations and final documentation. Please contact realestate@uvm.edu.
Property Management
Real Estate Operations serves as the first point of contact for third party arrangements, including lease provision interpretation, accounting, renewals, terminations, and other tenant or landlord needs. On-campus tenants and off-campus landlords should contact Real Estate Operations at realestate@uvm.edu with any questions.
Reporting, Taxes, and Accounting
Real Estate Operations is responsible for projecting, monitoring and facilitating payment for all real estate taxes and payment in lieu of taxes (PILOT) for University real property. Real Estate Operations tracks and reports all real estate transactions for IBB, GASB and PBU compliance.