Real Estate

OVERVIEW

The University’s Real Estate Office is located within the Architecture, Engineering and Construction office. The Real Estate Office reports to the University’s Executive Vice President and Chief Financial Officer (EVPCFO) through the Associate Vice President for Facilities and Operations (AVPF&O). The Real Estate Office, in close consultation with the AVPF&O and EVPCFO, handles all real estate matters at the University, including those involving the Hospitals and Health Centers, UM-Flint and UM-Dearborn. When a real estate transaction involves a gift, they work closely with the Office of the Vice President for Development staff (OVPD) and unit development staff. The Real Estate Office also works in close collaboration with the Provost and Executive Vice President for Academic Affairs (Provost) staff.

RESPONSIBILITIES

The Real Estate Office is responsible for the following transactions:

Real Estate

  • Purchases of real estate
  • Sales of University-owned property
  • Acceptance of gift property
  • Access to University property including easements, licenses, memoranda of understanding, and access agreements
  • Property encumbrances, restrictions and legal descriptions of real estate
  • Surveys
  • Mineral rights and leases of mineral rights

Leasing

  • Leases for office, commercial, storage or residential space
  • Availability of non-University lease space
  • Leasehold improvements
  • Liaison with landlords

Request Form for Leasing New Space

Request Form for Renewing Leased Space

Property Management

  • Leasing, maintenance, and finances associated with certain UM properties until they are either demolished, sold, or transferred to another department

Policies & Procedures

University of Michigan Real Estate Policy
University of Michigan Standard Practice Guide(SPG) 601.23
University of Michigan Board of Regents By-Law 3.07
University of Michigan Space Guidelines(Sq.Footage for Calculating Space Needs)