GENERAL DESCRIPTION

Under the general direction of the Vice President of Real Estate, the Director of Commercial Real Estate is responsible for the management and development of Real Estate for the Authority. The Director of Commercial Real Estate implements the Authority’s real estate development strategy, provides advice regarding all real estate activities within the airport system, conducts negotiations, and monitors other potential areas that might present risk for each transaction and/or venture. This role develops, implements and manages a robust real estate program in alignment with current market opportunities, the Authority's Master Plans, and will strive to creatively maximize the use of available Authority land at Tampa International and General Aviation Airports. This role also provides the technical expertise in compliance with FAA, State of Florida, County and City standards.

SUPERVISES OTHERS: YES

COMPENSATION: $175, 000 and up based on experience

FLSA STATUS: EXEMPT

ESSENTIAL FUNCTIONS

• Responsible for the overall success of the Commercial Real Estate Development Department for the Authority, including aeronautical, commercial, and industrial projects, and represents the organization, both internally and externally, by supporting the strategic direction and priorities, objectives, vision, mission and values of the Authority.
• Directs, and as required, conducts solicitations, negotiations and preparation of favorable lease agreements and contracts. Assists in the strategy, development and preparation for the conduct of negotiations as well as assisting in formulating policies which are applicable to this role.
• Identifies and builds strategic networks, community relationships and partnerships that could fit the Authority’s real estate development strategy.
• Independently develop and analyze highly detailed pro formas, internal rate of return analyses, what if scenarios, and other financial analysis tools for identifying and evaluating development opportunities
• Prepare term sheets, structure and negotiate leases, ground leases, public-private partnerships, or other development agreements
• Ensure end-to-end project delivery including budgeting, procurement, contractor/vendor oversight, schedule adherence and project close out.
• Represents the Commercial Real Estate units interests at the Authority’s Capital Development Committee Meetings
• Provides direction and mitigation strategies regarding real estate ventures and negotiations, while ensuring legal compliance with Federal, State, and local regulations.
• Manages the real estate budget by facilitating realistic forecasting, maintaining effective budgetary controls, constructing contingency plans to stay within budgetary constraints, reducing expenses and/or developing revenue generating opportunities.
• Accountable for the well-being and support of their direct reports, providing individual training for their job responsibilities and offering mentorship.
• Evaluates the work performance of direct reports; engages in transparent performance check-ins and appraisals and takes necessary corrective action or disciplinary measures when required.
• Ensures that direct reports comply with Authority standards regarding personal appearance, fostering a professional work environment.
• Oversees the maintenance and accountability of all direct reports' equipment, ensuring adherence to established guidelines and promoting operational efficiency.
• Regular and reliable in-person attendance is required as an essential function of the position.

This list is not intended to be all-inclusive, and you may not be responsible for every item listed. The employer reserves the right to assign additional functions and responsibilities as necessary.

COMPETENCIES

• Organizational Focus: Applying a broad understanding of the industry, possibilities for the organization, and financial acumen; focusing on what the organization needs to do to succeed today and in the future; demonstrating and understanding longer-term trends when setting priorities; focusing on the sustainability of the organization.
• Cultural IQ: Fully understands and is able to apply our Cultural IQ philosophy. Consistently considers the cultural alignment of all decisions made; Intentionally seeks ways to reinforce our cultural beliefs through day-to-day operations; Contributes to achieving our key initiatives.
• Developing Organizational Talent: Thinking about the evolving needs of the organization and encouraging skill and individual development in light of this; fostering and promoting long-term learning to improve organizational and individual capability; focusing on developing skills and capabilities the organization will require in the future.
• Sound Judgement: The ability to make sound and timely decisions by analyzing and understanding situations and information clearly by carefully examining the details. Exhibits a sense of urgency where appropriate.

REQUIRED FOR ALL HCAA JOBS

· In the event of an emergency or disaster that impacts the Hillsborough County Aviation Authority (HCAA), an employee may be required to respond promptly to duties and responsibilities as assigned by the employee’s department or the HCAA Emergency Operations Center (EOC). Such assignments may be before, during, or after the emergency/disaster.

· Complies with all HCAA Policies, Procedures, and Standards.

QUALIFICATIONS (EDUCATION, EXPERIENCE, LICENSES & CERTIFICATIONS)

· Bachelor's Degree in Public or Business Administration, or related field.

· Eight (8) years experience in real estate development.

· Four (4) years supervisory experience.

· Or an equivalent combination of education, training, and experience.

· Licensed Real Estate Agent to be obtained within one (1) year of hire.

• Accreditation as a Certified Member (CM) by the American Association of Airport Executives (AAAE) within one (1) year of hire.

· Must possess a valid Florida Driver License.

PREFERRED QUALIFICATIONS

· Master's Degree in Public or Business Administration, or related field.

KNOWLEDGE, SKILLS, AND ABILITIES

· Knowledge of FAA regulations related to the development and leasing of airport property.

· Knowledge of commercial real estate and leasing contracts.

· Ability to communicate effectively orally and in writing.

· Ability to establish and maintain effective working relationships with others within and outside the Authority.

· Ability to handle restricted, sensitive, and confidential information.

· Ability to provide outstanding customer service, serve the public, and represent the Authority with courtesy and professionalism.

PHYSICAL ABILITIES

· Occasional standing & walking

· Sitting up to 6 hours per day

· Continuous typing

The Aviation Authority-Tampa International Airport provides equal employment opportunity to all persons, regardless of age, race, religion, color, national origin, sex, political affiliations, marital status, non-disqualifying physical or mental disability, sexual orientation, membership, or non-membership in an employee organization, or based on personal favoritism or other non-merit factors.

The Aviation Authority-Tampa International Airport welcomes and encourages applications from minorities, veterans, and persons with physical and mental disabilities, and will reasonably accommodate the needs of those persons in the application, testing and hiring process. The decision to grant reasonable accommodation requests will be made case-by-case.