Properties Program Manager

CAPITAL REGION AIRPORT COMMISSION

Properties Program Manager

Full - Time Posting # 1433 Richmond International Airport

Salary Range: $77.660.00 - $97,075.00 About Us: Established in 1975 by an act of the Virginia General Assembly, the Capital Region Airport Commission owns and operates Richmond International Airport (RIC). The Commission directs the growth, operation and business activities of RIC and works tirelessly to ensure it continues to be an affordable option for local, regional, and out-of-state travelers. DESCRIPTION OF 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 position administers and negotiates leases, permits, and other property agreements; monitors contractual and regulatory compliance; manages property-related revenue; and supports the 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 designed to maximize the value of airport assets, protect airport interests, support enterprise risk management initiatives, promote revenue growth, and advance the Airport’s long-term business and operational goals.

RESPONSBILITIES:

• 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 (FBO) 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.

REQUIRED EDUCATION & EXPERIENCE

Education:

• Associate or higher in business administration; planning, airport or project management, finance, public administration; real estate, or a related field.

Experience:

• Five (5) years of combined experience in property management, airport leasing, commercial or residential real estate, contract administration, or a related field.
• 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.

Refer to the attached job description for complete details To apply and more information on Capital Region Airport Commission, including employee benefits and our company culture, visit our website at https://flyrichmond.com/ Capital Region Airport Commission is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, national origin, disability status, genetics, protected veteran status, or any other characteristic protected by federal, state, or local laws. *Internal applicants must be in their current position a minimum of (1) year with an overall satisfactory performance evaluation for consideration.