Real Estate Services

Aerial shot of buildings on Kennesaw State University's Kennesaw Campus

Real Estate Services (RES) is committed to acquiring and managing the real property assets necessary to deliver an exceptional physical environment to all customers of the University. RES strives to fulfill the vision defined in the University's Master Plan.

  • Acquisitions/Dispositions of real estate assets and negotiation of all related contracts
  • Negotiation/Administration of all commercial leases, MOUs and use agreements for land or space where KSU is either a landlord or a tenant, both on and off campus
  • Public Private Ventures

All University Divisions, Departments and Directors shall contact RES one year in advance, in writing, whenever they contemplate expansion or contraction, or determine the need to acquire, lease, dispose, or manage any type of real property. Whenever a University employee on behalf of a Dean, Director or Department Head requires any type of real estate or real property transaction or the cancellation of said transaction, a written request must be submitted to RES prior to any formal action. Since it can take up to a year to plan, design, budget and build out new facilities, requests should be submitted as early as possible. This timeline will permit projects requiring Board of Regents (BOR) approval adequate time for the BOR to review all due diligence submittals and place the proposed transaction on the Board agenda.

Acquisitions and Dispositions

All real estate assets of the University are owned by and titled to the BOR. RES is the University’s liaison to BOR and will process all due diligence and contracts for sale or purchase in compliance with BOR’s policies and procedures. Strategic acquisitions and dispositions will be considered only if they are in the best interest of the University and in alignment with the Master Plan.

Commercial Leasing

RES is responsible for reviewing all requests for leased space, both on and off campus. If suitable space is not available within the University’s inventory, RES will work with the user to identify a preferred location, approximate size, term length and funding source. RES will conduct all necessary due diligence and negotiate lease terms in accordance with BOR’s policies and procedures. RES is responsible for leasing University property for the purposes of commercial use, telecommunications, licenses and easements. RES also handles the administration of facility use agreements, ground leases and MOUs.

Public Private Ventures (PPV)

RES works closely with BOR and the Kennesaw State University Foundation to navigate the complex transactions required to develop and construct alternatively financed facilities. RES, in conjunction with Campus Planning, monitors the physical condition of the public private ventures portfolio and reviews the financial operating data for each project.

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