Properties Program Manager

Capital Region Airport Commission•Richmond, VA
•$77,660 - $97,075•Onsite

About The Position

Under general direction, the Properties Program Manager plans, manages, and oversees programs related to airport real estate, property management, leasing, and commercial development. The role administers and negotiates leases, permits, and other property agreements; monitors contractual and regulatory compliance; manages property-related revenue; and supports effective utilization and development of airport land and facilities. The position serves as a liaison with tenants, business partners, and internal departments and supports strategic initiatives that maximize airport asset value, protect airport interests, support enterprise risk management, promote revenue growth, and advance the Airport’s long-term business and operational goals.

Requirements

  • Associate degree or higher in business administration, planning, airport or project management, finance, public administration, real estate, or a related field.
  • Five years of combined experience in property management, airport leasing, commercial or residential real estate, contract administration, or a related field.

Nice To Haves

  • Experience implementing revenue management systems and managing revenue-based leases and billing reconciliation is highly preferred.
  • Airport experience is strongly preferred.
  • Experience in airport commercial or public-sector real estate is preferred.

Responsibilities

  • Manage the preparation, review, negotiation, administration, and ongoing compliance of airport leases, permits, licenses, amendments, and other property-related agreements.
  • Monitor lease terms, expirations, renewals, rate adjustments, amendments, and other contractual milestones to ensure timely action and compliance with agreement requirements.
  • Proactively manage lease expirations, holdover agreements, and property occupancy to minimize contractual and financial risk and ensure appropriate use of airport property.
  • Maintain accurate and comprehensive property, lease, and agreement records, including a centralized repository and appropriate documentation controls.
  • Lead and manage the Property Revenue Management Program to strengthen revenue oversight, lease administration, financial accountability, and reporting.
  • Manage the leasing, contractual administration, tenant coordination, and financial performance of airport-owned real estate and facilities, including hangars, cargo facilities, fixed base operator facilities, aircraft parking areas, ground service equipment areas, offices, and land development parcels.
  • Coordinate with appropriate departments to address maintenance, operational, capital improvement, and long-term facility needs.
  • Validate rent rolls and revenue-based billing calculations, including percentage rent and minimum annual guarantees.
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