This position is responsible for the management of activities that range from renovation and re-lease of existing buildings/facilities to the sale /long-term lease of unimproved land or parcels to others in support of Indianapolis Airport Authority’s (IAA) strategic land use initiative.This position will support the Director of Properties & Senior.Director, with local and state economic development agencies in an effort to align the IAA’s airports with all economic development efforts to promote the Indianapolis community and the State of Indiana.
This role will implement and market the IAA’s land & facility strategy and associated assets to bring new tenant opportunities to IND through a wide variety of marketing channels which will bolster both aeronautical and non-aeronautical revenues; assist with commercial leasing transactions for the Authority and promote the Authority’s alignment with local and state agencies to foster economic development which will, in turn, increase airport revenues and enhance local communities.
Market analysis around land and development opportunities
Market study & new case study business analysis
Negotiation of new agreements, permits and contracts (or renewals)
Author agreements, permits and other contracts
Market unleased space and undeveloped land at the IAA’s airports and work with third party developers and brokers
Prepare request for proposals and invitation for bids
Negotiate and administer leases, contracts, and agreement for use of airport properties and facilities.
Coordinate FAA land release process
Coordinate with the IAA’s Legal team, IAA Planning, Engineering & Environmental team, and other departments, as appropriate
Develop and maintain pertinent lease management files
Research and prepare special reports and studies.
Develop work scopes and terms, and oversee consultants/contractors to support departmental activities
Evaluate financial information of new / potential clients
Evaluate pro-formas of new / potential agreements
Attend industry conventions and events as necessary
Write Board memos and document approval requests
Create lease synopsis of new agreements, permits and contracts
Initial coordination of new construction and other construction projects with IAA Engineering Department
Perform any other functions or special projects as assigned
Communications and Interaction with Others
IAA Executive Team
Other IAA departments
Tenant Business Partners
Industry Leaders (aeronautical and non-aeronautical)
State/Local Govt. Agencies
Business and Political astuteness
Research and analyze
Create and manage
Write, proof and edit
Read and comprehend
Comprehend, retain and follow oral and written instructions
Investigate, evaluate, analyze and report
Create spreadsheets with utilization of excel formulas
Preferred Education, Experience and Skills
5 – 8 years of experience in property development (aeronautical development a plus)
BS in Business, Real Estate, Property Management or equivalent experience
Excellent written and verbal communications
Strong management skills
Computer experience with Microsoft Word, Excel and other Oracle based software
Understanding of commercial real estate and appraisal terminology
About Indianapolis Airport Authority
Indianapolis International Airport (IND) is 16 minutes from downtown Indianapolis off I-70 via Exit 68.
The airport averages 135 daily flights to 38 nonstop destinations on eight major airlines. In 2013, approximately 7.2 million passengers were served at IND.
A destination and launching pad for both commerce and community, IND is strategically located just minutes from major U.S. interstates including I-65, I-865, I-69, I-70, and I-74, all of which connect to the city's I-465 beltway. It is also within minutes of U.S. 40, U.S. 31, and U.S. 52.
The eighth largest cargo center in the U.S., IND is home of the second-largest FedEx Express operation in the world. Approximately 2.2 billion pounds of cargo were managed at IND in 2013. IND is an important catalyst for economic development in Central Indiana and the Midwestern region, generating an annual economic impact of more than $4.5 billion for the area.
One of the first new airports to open in the U.S. since Sept. 11, 2001, Indianapolis cut the ribbon to its 1.2 million square foot airport complex off I-70 on November 11, 2008.