Associate Director, Real Estate Development and Leasing

Toronto Pearson International; Toronto; Hybrid; CAD 140,000 - 190,000; Full time

Benefits offered by this job

Comprehensive benefits

Employer retirement matching

Flexible hybrid work

Job summary

Greater Toronto Airports Authority (GTAA) is seeking an Associate Director, Real Estate Development and Leasing to drive the performance and growth of its airport and commercial real estate portfolio in Toronto. You will lead real estate development, leasing, business development, and stakeholder engagement initiatives.

Reporting to the Director, Airport and Commercial Real Estate, you will oversee complex transactions, build relationships with tenants, developers, airlines, and government

Qualifications

• 10+ years of progressive experience in commercial real estate or similar asset management.
• Experience leading new business development, negotiations, leasing, and revenue initiatives.
• 6+ years of leadership experience directing teams or cross-functional work.
• Strong financial acumen with budgeting, forecasting, and portfolio analytics.
• Proven ability to build relationships with customers, tenants, investors, and partners.

Responsibilities

• Develop and execute real estate strategies to optimize GTAA's airport and commercial assets.
• Lead commercial leasing, business development, acquisitions, and expansions.
• Drive asset performance through budgeting, forecasting, and long-range planning.
• Oversee complex real estate transactions and development opportunities.
• Build relationships with tenants, developers, airlines, government agencies, and partners.
• Prepare executive materials and present recommendations to leadership and the board.
• Establish governance, leasing processes, and commercial agreements to enable growth.
• Monitor market trends and identify opportunities for investment and asset management.
• Lead, coach, and develop a high-performing team and foster collaboration.

Skills

Real estate dev

Commercial leasing

Financial analysis

Leadership

Negotiation

Stakeholder mgmt

Business cases

Strategic thinking

Education

Real Estate or Business degree

Job description

Associate Director, Real Estate Development and Leasing

Job Category: Commercial

Requisition Number: ASSOC005041

• Posted : July 20, 2026
• Full-Time
• Hybrid

Locations

Showing 1 location

Toronto, ON L5P1B2, CAN

Description

Toronto Pearson is transforming. Now’s the time for your career to fly.

The Greater Toronto Airports Authority (GTAA) is a unique and dynamic place to work, with a bold plan to make Toronto Pearson, Canada’s leading global hub airport, a global leader in airport performance, customer care and sustainability. Together with our partners, approximately 2,100 GTAA employees are working to create a next-generation airport by innovating in all we do and striving for the most uplifting, safe and efficient experience for our passengers – all while championing the prosperity of our people, the community we call home, and our aviation partners. Join us on our journey together, as we put the joy back into travel and make Toronto Pearson the chosen place to fly and work.

What's in it for you?

• An opportunity to grow, develop, and thrive within a dynamic, and fast-growing company alongside thoughtful and passionate individuals dedicated to their work and community.
• Comprehensive benefits, including a flexible retirement program with employer matching, along with voluntary savings options (RRSP, TFSA, and Non-Registered Savings Plans).
• A flexible hybrid work environment, continuous internal and external learning opportunities, and a meaningful reward and recognition program.

What can you expect from this position?

Reporting to the Director, Airport and Commercial Real Estate, the Associate Director, Real Estate Development and Leasing is responsible for driving the performance, growth, and strategic development of GTAA's airport and commercial real estate portfolio. You will play a critical role in advancing GTAA's long-term revenue and growth objectives by leading real estate development, leasing, business development, and stakeholder engagement initiatives across a diverse portfolio of aviation and commercial assets. Working closely with senior leaders, tenants, developers, industry partners, and cross-functional teams, you will provide strategic leadership, oversee complex real estate transactions, and identify innovative opportunities that maximize asset value and support the airport's future growth and development plans. You will also lead and develop a high-performing team while ensuring strong governance, financial stewardship, and customer-focused service delivery across the portfolio.

As an Associate Director, Real Estate Development & Leasing, you will:

• Develop and execute real estate strategies that optimize the value and performance of GTAA's airport and commercial real estate portfolio.
• Lead commercial leasing, business development, acquisition, and expansion initiatives that support GTAA's long-term growth objectives and revenue targets.
• Drive the financial performance of real estate assets through effective portfolio management, revenue optimization, budgeting, forecasting, and long-range planning.
• Lead the evaluation, negotiation, and execution of complex commercial real estate transactions and development opportunities.
• Build and maintain strategic relationships with tenants, developers, investors, airlines, consultants, government agencies, and industry stakeholders.
• Prepare and present business cases, recommendations, and strategic materials for Executive Leadership and Board-level review.
• Establish and enhance governance frameworks, leasing processes, and commercial agreements that support efficient decision-making and portfolio growth.
• Monitor market trends, industry developments, and emerging opportunities to inform investment, development, and asset management strategies.
• Lead, coach, and develop a high-performing team while fostering a culture of collaboration, innovation, accountability, and continuous improvement.
• Represent GTAA within the real estate and aviation communities, enhancing organizational visibility and identifying opportunities that support strategic objectives.

This is the role for you, if you have:

• 10+ years of progressive experience in commercial real estate, real estate development, property management, airport real estate, or a similar complex asset management environment.
• Demonstrated experience leading new business development, commercial negotiations, acquisitions, leasing, and revenue-generating initiatives.
• 6+ years of leadership experience managing teams directly or leading cross-functional initiatives and stakeholders.
• Strong financial acumen, including experience with business cases, budgeting, forecasting, portfolio performance management, and financial analysis.
• Proven ability to build and maintain strong relationships with customers, tenants, developers, investors, and industry partners.
• Strong negotiation, stakeholder management, and influencing skills, with the ability to operate effectively in a complex environment.
• Excellent strategic thinking, problem-solving, and decision-making capabilities, with a focus on innovation and continuous improvement.
• Strong communication and presentation skills, including experience preparing executive and Board-level materials.
• A post-secondary degree in Real Estate, Business, Economics, Commerce, or a related field, or an equivalent combination of education and experience.
• Demonstrated experience working in a customer-centric environment.
• Possess a valid Ontario G Driver's Licence.
• Ability to obtain and retain Transportation Security Clearance at the designated level for the position.

The GTAA is committed to Employment Equity and maintaining a diverse, equitable and inclusive workplace where everyone can thrive.

This position is exempt from Ontario's 2026 pay transparency requirements under Regulation 476/24.