Nicholas Broughton

Transaction lead for 40+ leased and owned locations for Mission Systems (includes office, lab, classified, and manufacturing space). Real estate lead for collaborative project planning and management for strategic real estate initiatives.

• Transaction Responsibilities:
• Communicate and collaborate directly with all internal and external real estate stakeholders (VP-level leadership, strategy, site leads, legal and compliance, landlords, vendors, site contacts, and several other parties) to facilitate transactions.
• Present transaction summaries to business leadership to align decisions with strategic objectives.
• Negotiate lease terms with landlords. Collaborate with external brokers as required.
• Prepare and submit capital appropriations requests (eCARs) for planning and capital projects related to leased sites.
• Resolve facility issues in consultation with stakeholders (legal, security, environmental health and safety, digital technology, global trade, et al.).
• Lead coordinator for facility decommissioning and relocation (logistics, administrative, project management, compliance, etc.).
• Planning and project management responsibilities:
• Collaborate with domestic and international facilities planning groups to identify footprint inefficiencies in leased and owned portfolio.
• Develop optimization strategies to recommend to leadership.
• Develop and monitor capital and expense budgets for strategic projects.
• Create financial models to support planning proposals.
• Develop and recommend long-term strategic real estate plans tailored to cost maximization and forecasted growth.

Corporate counsel for the property-casualty subsidiary of a Fortune 500 insurance carrier and real estate director for its nationwide portfolio of 40+ office locations.

• Counsel responsibilities:
• Conducted legal review and approval for all corporate vendor agreements (commercial leases, software licenses, service contracts, etc.).
• Advised senior leadership on the company's agency sales contract, maintained with independent insurance agents (drafted template language, negotiated exceptions, dispute resolution, commission/profit-sharing, and regulatory issues).
• Developed and socialized policy initiatives, and related procedures, on behalf of senior leadership. Policies covered office relocation, document retention, disaster recovery, data privacy, collections, and restricted party screenings.
• Advised on insurance, employment, OSHA, and other regulatory compliance issues. Audited internal operations for compliance with state insurance regulations.
• Monitored litigation involving the company on insurance, IP, and collections disputes, in consultation with outside counsel.
• Real estate responsibilities:
• Advised and consulted with senior leadership on all leasing strategies and decisions for a nationwide portfolio of 40+ offices.
• Performed end-to-end lease transaction management (site selection, lease drafting and negotiation, financial analysis).
• Prepare and present supporting budgetary and financial analysis for each lease transaction to senior management.
• Coordinated logistics site decommissions and relocation, coordinated IT and construction fit ups.