Director of Commercial Development and Investment

Director of Commercial Development and Investment

Salary

$155,000.00 - $227,000.00 Annually

Location

Port of Portland Headquarters - 7200 NE Airport Way, Portland 97218, OR

Job Type

Full-Time Administrative

Remote Employment

Flexible/Hybrid

Job Number

02279

Division

Trade & Economic Development

Department

Industrial Devel Admin

Opening Date

10/09/2026

Closing Date

10/25/2026 11:59 PM Pacific

FLSA

Exempt

• Description
• Benefits
• Questions

The Position

The Port of Portland is hiring a

Director of Commercial Development and Investment

Are you someone who loves figuring out how to unlock the potential of complex industrial properties? Do you enjoy bringing together real estate strategy, investment, partnerships, and public policy to turn ambitious ideas into projects that can happen?

You'll have the opportunity to shape the future of three marine terminals and five industrial business parks - leading how we lease, invest in, develop, and reposition these assets for long-term financial and economic value. Beyond individual properties and projects, you'll help advance broader industrial land and infrastructure priorities and work with partners to shape and advance long-term visions for some of the region's most important industrial areas -- from Portland's North Reach to East Multnomah County. It's a great opportunity for a leader who likes working at the intersection of real estate, finance, economic development, and public policy - and wants to help shape the future of our region's industrial economy.

The Director sets the vision and direction for Trade and Economic Development's (TED) long-term commercial strategy, leasing, real estate development, and capital investment portfolio. This role leads strategies to optimize the performance and value of TED's marine terminals and business parks through disciplined investment, complex transactions, redevelopment, and strategic partnerships. Working closely with the Marine Operations & Property Management Director and the Economic & Business Development Director, the Director aligns commercial strategy and capital investment with market opportunities, operational needs, and Port priorities. The Director serves as a key advisor on complex development, investment, and financial partnerships to deliver regional economic impact.

Essential Job Duties

Direct and Manage the Real Estate and Investment Department

• Direct TED's commercial real estate development and investment functions, including industrial leasing strategy, redevelopment initiatives, commercial partnerships, capital investment planning, and portfolio optimization activities across marine terminals and business parks.

• Lead teams responsible for identifying, evaluating, negotiating, and implementing revenue-generating development opportunities and strategic real estate transactions.

• Lead and approve the structuring of complex transactions, ensuring alignment with Port-wide financial and policy objectives.

• Oversee consultant teams, development advisors, and external partners engaged in planning, financial analysis, market analysis, and project implementation activities.

Revenue, Portfolio, and Investment Strategy

• Develop and implement long-range commercial, leasing, redevelopment, and investment strategies for TED's industrial and marine assets to support long-term financial sustainability and alignment with Port strategic objectives.
• Lead portfolio-level financial analysis, capital planning, investment prioritization, and redevelopment funding strategies in partnership with Finance, Planning, and the Director of Marine Operations & Property Management.
• Drive capital allocation decisions and oversee portfolio risk, return on investment, and cost optimization strategies, serving as a key advisor to executive leadership and the Commission on complex investment and financial matters.

Partnerships & Project Delivery

• Establish and steward high-value partnerships with developers, investors, and public agencies to leverage capital and accelerate project delivery.
• Ensure development and investment initiatives are grounded in sound due diligence, market positioning, infrastructure and site-readiness needs, and land-use and permitting considerations.

Enterprise Collaboration and Regional Leadership

• Lead the development of a regional advisory framework to support traded-sector expansion, directing internal partners in its design and execution.

• Represent the Port in forums involving industrial lands strategy, traded-sector competitiveness, infrastructure investment, site readiness, maritime redevelopment, and regional economic policy.

• Promote integrated decision-making across TED functions to ensure alignment between real estate strategy, marine operations, property management, infrastructure planning, and economic development priorities.

Full position description available upon request.

Minimum Qualifications

Must Have!

• Ten (10) + years of progressive experience in commercial real estate development, investment, or economic development.

• Including 5+ years of management experience in complex public or private organizations.

• With demonstrated success structuring complex transactions, public-private partnerships, or major capital projects.

• Bachelor's Degree - real estate, finance, economics, urban planning, or related field (additional experience may substitute for the education qualifications).

• The Hiring Manager has requested that applicants attach both a resume and cover letter with their application. If you have any issues attaching these documents, you may email them to chris.crosby@portofportland.com, and they will be attached to your application.

Preferred

• Master's degree in business, real estate, finance, economics, urban planning, or related field.
• Transportation Worker Identification Credential

Knowledge, Skills & Abilities

• Advanced experience with Real estate development, financing, and investment strategies, including public-private partnerships and joint ventures.
• Advanced experience with infrastructure and site readiness planning processes
• Advanced experience with Federal, state, and local land-use and permitting regulations
• Advanced experience with public-sector innovation tools (e.g., land banking, development corporations, impact investment funds)
• Advanced experience with strategic and entrepreneurial leadership in public-sector real estate development and investment

Supplemental and Selection Information

Working Conditions:

The Port supports a hybrid work schedule. In-office days are determined by the organization. Remote and/or flexible work may be available on specific days of the week depending on the job and business need.

Selection Process (tentative schedule):

• A minimum qualification evaluation of the education, training, and experience of submitted application packets will take place by Human Resources until this role closes on or around 10/25/2026.
• A Subject Matter Expert (SME) Panel will perform an evaluation of experience and training taken from your employment application materials.
• Our goal is to notify candidates who are selected for interviews by the end of October. We will then schedule a virtual first round of interviews with candidates who successfully passed the SME evaluation. Panel Interviews will be held afterward.

About us:

At the Port of Portland, we use everything we have - our three airports, three working marine terminals, six business parks, and all the resources, expertise, and experience behind them - to move with purpose, connecting people with powerful opportunities and creating value for our region. We know that every person we hire, business we work with, contract we sign and decision we make is a chance to make someone's life better. And we'll use our power and influence to unlock new opportunities and ensure more people share in our region's success. With YOUR help - together with our partners, customers, and community - we'll help drive meaningful change!

Do you have questions about this job?

Contact us: careers@portofportland.com

Safety: The Port promotes safety as a Core value and we seek to eliminate harm through a culture of active prevention, curiosity, evaluation, and action. We comply with safety and health policies and procedures and consistently look for improvements that support operational excellence.

Equal Opportunity Employer: The Port of Portland is dedicated to maintaining and improving a work environment, which extends equal opportunity to all individuals, regardless of their race, color, sex, age, religion, national origin, marital status, veteran status, disability or sexual orientation. Employment decisions shall be made in such a manner as to further the principle of equal employment opportunity and to comply with state, federal and local laws. We affirm through this policy statement our continuing commitment to the principles of nondiscrimination.

Veterans Preference: Under Oregon law, qualified veterans may be eligible for veterans' preference when applying for Port of Portland positions. If you are a veteran and would like to be considered for a veteran's preference for this job, please provide the qualifying documents as instructed during the application process.

Background Checks and Drug Testing: The Port of Portland will conduct background checks and/or drug tests for positions where such tests are required by regulation and for other safety-sensitive positions.

ADA Accommodation: Accommodations will be considered for applicants or candidates with a qualifying disability that prevents them from participating in this process. Accommodations will be made where the Port can reasonably do so without imposing an undue hardship on the business or compromising the integrity of the recruitment process. An applicant with any disability who believes that they need an accommodation should contact Human Resources: call 503-415-6690 or email careers@portofportland.com.

Know Your Rights: Workplace Discrimination is Illegal

https://www.eeoc.gov/know-your-rights-workplace-discrimination-illegal

At the Port of Portland, we strive to offer a holistic and comprehensive benefits package for employees and their families. We care about your health by offering highly-subsidized healthcare plans that include alternative care. We look out for you and for family by paying for life and accidental death & dismemberment (AD&D) insurance, short-term and long-term disability coverage. We participate in the Oregon Public Employees Retirement System (PERS) retirement program. We provide access to additional coverage and benefits including pre-tax spending accounts, voluntary term life insurance, a deferred compensation plan, and critical illness and accident insurance policies.

We go above and beyond by offering an award-winning wellness program for all employees to engage in. Employees can tend to their physical and mental health, earn rewards, and create community. Our employee assistance program supports the Port's commitment to emotional and mental well-being by providing mental health services, discounts on local gyms, and pet insurance for companions.

Our commitment to work-life balance ensures you have time to spend with loved ones and do the things you enjoy. We offer generous vacation time that accrues with length of service, sick leave that never expires and can be used for dependent care, health maintenance and mental health, and 8 weeks of paid parental leave - all in addition to 10 paid holidays. As an added bonus - because we know employees use their time off differently - once a year we give employees the opportunity to convert sick leave to personal leave, and to convert vacation leave to either cash, a retirement plan contribution, or a contribution to a Health Savings Account.

Please note: Some benefits vary by job type/group, so please be sure to review your comprehensive benefit guide and/or collective bargaining agreement upon hire to confirm what is available to you.

01

Please confirm your understanding (by answering YES) that you understand that this role is not 100% remote and that the person we hire for this role must reside within commuting distance of the Port of Portland offices. Also that there is no current budget to assist with relocation.

• Yes
• No

02

Hiring Manager has requested that applicants attach both a resume and cover letter with their application. If you have any issues attaching these documents, you may email them to chris.crosby@portofportland.com, and they will be attached to your application. Please answer YES to indicate your understanding

• Yes
• No

Required Question

Employer Port of Portland

Address 7200 NE Airport Way

Portland, Oregon, 97218

Website https://www.portofportland.com/Careers