University Real Estate Services

Established in 1997, the University Real Estate Services (URES) office is Penn State’s representative for real estate services across the University, including all Commonwealth Campuses and various research locations.  

The office provides professional assistance to Penn State campuses, units, and colleges involved in on/off campus lease space selection and agreement creation, negotiation of acquisitions and sales of real property, handling of gift properties, property management, billing and collections administration, and retention and records management of legal documents.  

Processes are driven toward the pursuit of supporting the University’s educational mission and values, including stewardship of its economic resources. Activities are a collaborative effort, with a multitude of stakeholders, toward ensuring adherence to University policy for all facilities, whether owned or leased.