
Barbara Lloyd has been appointed Arizona State University’s vice president of University Real Estate Development, effective Dec. 8, 2025. Lloyd is an ASU alumna and reports to Morgan R. Olsen, ASU’s executive vice president, treasurer and chief financial officer.
“Barbara will play a vital role in leveraging ASU’s diverse real estate portfolio to drive the university’s mission,” Olsen said. “Her extensive expertise and proven track record with ASU and in private industry will advance our real estate strategy and we are excited to continue working with Barbara in this new role.”
In her new role, Lloyd will prioritize public-private partnerships, P3, to advance ASU’s student living and learning facilities and its Innovation Zones, including the Novus Innovation Corridor and the recently launched Polytechnic Innovation Zone. She also will optimize the value and operations of the university’s real estate portfolio. University Real Estate Development also manages the transitional space needs of the ASU Enterprise.
“Stepping into this role is an opportunity for me to contribute to ASU’s long-term success at a greater level,” Lloyd said. “As an alumna, I see this as a full-circle opportunity to give back to my alma mater and my community.”
“In the coming year, my goal is to advance ASU’s continued success and lasting impact through strategic collaboration and development of our eight Innovation Zones. I look forward to strengthening existing and establishing new public-private partnerships to meet this goal,” Lloyd added.
Lloyd joined ASU in 2019 as Director of Real Estate Management. She previously served for more than 25 years in the local commercial real estate industry, where she closed more than $500 million in commercial transactions. She also has experience with investment sales, commercial leasing and large-scale development projects.
Lloyd holds an Arizona real estate brokerage license and obtained her Certified Commercial Investment Member designation in 2006. Lloyd was ranked in the top 5 out of 60 Brokers in NAI’s Phoenix office from 2010 to 2019, was the #1 Agent in 2013, and was in the top 10% of the firm in 2012 out of 12,000 agents globally. She currently serves on the executive committee of the Association of University Real Estate Officials.
Lloyd earned her undergraduate degree from ASU in 1999. She will continue her Sun Devil education when she joins the ASU Executive MBA program in fall 2026.