Responsibilities
- Develop and execute a comprehensive commercial portfolio strategy focused on revenue growth, margin expansion and long-term value creation.
- Establish measurable KPIs across revenue, NOI, occupancy, lease term, and operating performance.
- Lead annual business planning, forecasting, and long-range growth initiatives.
- Collaborate closely with Executive Leadership to align commercial strategy with broader capital allocation objectives.
- Provide regular executive-level updates, performance dashboards, and strategic recommendations.
- Oversee national retail leasing strategy and execution.
- Drive structured rent escalations, lease term extensions, and renewal optimization.
- Reduce vacancy and downtime through proactive broker and tenant engagement.
- Optimize tenant mix and merchandising strategy by market and asset.
- Monitor leasing pipeline performance and revenue productivity.
- Oversee operational performance across the commercial portfolio.
- Standardize processes and best practices across markets.
- Improve expense ratios, CAM recoveries, and operating efficiency.
- Lead asset-level business plan development and performance reviews.
- Travel to markets to evaluate site-level performance and lead field engagement.
- Ensure consistent data integrity and reporting across all properties.
- Maintain full P&L responsibility for the Commercial Portfolio business unit.
- Develop and manage annual budgets and rolling forecasts.
- Provide detailed financial analysis to support executive decision-making.
- Evaluate ROI of leasing initiatives, capital improvements, and repositioning strategies.
- Identify underperforming assets and implement turnaround or repositioning plans.
- Recommend re-mix, re-tenanting, or disposition strategies where appropriate.
- Optimize portfolio yield and return on invested capital.
- Oversee commercial software platforms and ensure system optimization.
- Drive automation, reporting accuracy, and operational transparency.
- Partner with Finance, Acquisitions, Development, and Operations to enhance asset value.
- Ensure organizational readiness for new initiatives, growth strategies, and market expansion.
- Lead, mentor, and scale a high-performance national commercial team.
- Establish clear goals, accountability frameworks, and performance metrics.
- Drive a culture of ownership, continuous improvement, and data-driven decision-making.
- Oversee hiring, succession planning, and organizational structure for the business unit.
