Teri Young Email and Phone Number
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“If you want things done, go to Teri Young” is a phrase coined by senior leadership of the REIT where she worked in senior management previous to TMKRE. Leading the leasing, property management, operations/construction, marketing, lease administration and ancillary income teams, Teri drove value for a portfolio of 18M square feet with assets in 24 states. During her oversight of the operations team, Teri developed the portfolio capital plan which resulting in $200K in savings in the first year by “bundling” capital expenses. Teri also developed a “green team” to implement environmentally friendly and cost-saving initiatives across the portfolio. For example, leaving a computer monitor on all night will burn 7 watts per hour, 105 watts per day, 40,000 watts per year and result in 62.8 pounds of CO2 per monitor. Always looking for ways to improve NOI, Teri developed the ancillary income program which added $1M to the bottom line in its first year. Teri negotiated and executed over 250,000 square feet of new leases and 400,000 square feet of renewals on an average annual basis, working with national retailers such as Ross Dress for Less, TJ Maxx, Best Buy, Publix and Ulta among many others. Teri’s “boots on the ground” philosophy also produced results in small markets such as Longview, WA, Erlanger, KY and Sparks, NV and large markets such as Orlando, Atlanta, Fort Lauderdale, Dallas and Houston. Unusual property management situations she has managed include a 50-foot deep sinkhole, a bear on a roof, several vehicles wrecking through storefronts, as well as many wildlife encounters involving alligators, snakes, and possums. Teri enjoys gardening and time outdoors with Emma, her German Shepherd
Koury Corporation
View- Website:
- kourycorp.com
- Employees:
- 158
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Director Of Property ManagementKoury Corporation Apr 2020 - PresentGreensboro--Winston-Salem--High Point Area -
FounderT Mckenna Young Real Estate Advisors, Inc. Jun 2018 - Apr 2020Greensboro/Winston-Salem, North Carolina Area; Charlotte, North Carolina Area
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Vice President/LeasingInventrust Properties Corp. 2014 - Dec 2017Oak Brook, IllinoisManage national leasing initiatives and strategy; management of third party broker network. Review and approve deals. Develop strategies for tenant mix and market repositioning. Proactively replaced under performing retailers. Contributed to due diligence on acquisitions. Position properties for accretive sale. Led transition to direct leasing in three major markets. Created the specialty leasing program. -
Senior Vice President Leasing,Operations,Lease Administration & MarketingInland American Real Estate 2011 - 2014Oak Brook, IllinoisDirected regional staff and property management of 9.5 million square feet in SE and marketing and operations for the company's national portfolio of 18 million square feet. Significantly enhanced communications, decision making consistency and management effectiveness for the portfolio by creating and managing the 3R's committee for rent reduction review. Improved competitiveness by leading sustainability initiatives and cross functional "green team". Reviewed and initiated new processes for lease administration from lease document through fully compliant tenant. Created and managed the tenant coordination platform to review plans, signage, insurance, compliance through opening. Portfolio review meetings with national retailers.
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Senior Vice President Property Management, Operations & Business AdministrationInland American Real Estate 2007 - 2011Oak Brook, IllinoisDirected regional staff and oversaw property management, Operations and Business Administration, including tenant and vendor insurance, tenant sales reporting, and bid processes. Reduced company and property expenses including the overhaul of the bid comparison and approval processes for recurring expenses resulting in 25% cost reduction; renegotiated bulk energy contracts in deregulated markets leading to $325k annual savings for common area electricity. Developed a water sub meter program which cut CAM water expenses up to 50%. Brought company into full SOX compliance by developing and implementing processes. Significantly reduced receivable balance by creating a "top 20" list of tenants with large outstanding balances. Established accountability and drove my team to identify and resolve problems. Enhanced operations through numerous initiatives; developed the tenants contractor construction manual.
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Senior Vice President Property Management & OperationsInland Retail Real Estate Trus 2005 - 2007Atlanta, GeorgiaDirected property management and operations for the company's entire portfolio encompassing 32 million square feet of retail space across 24 states. Developed structure and processes for operations department and created team and protocol for emergency preparedness and disaster recovery. Managed a team of 51 through a six month period of uncertainty prior to acquisition. Developed a regional expense management protocol. -
Vice President/Avp/Leasing Director/Leasing RepresentativeInland Retail Real Estate Trus 2002 - 2005Atlanta, GeorgiaDirected property management for the southeast region, was responsible for P&L on properties totaling 13 million square feet. Directed team of 18 people; created and implemented new contract bidding processes and collections processes; reviewed and approved lease deals: contributed to due diligence for potential acquisitions. -
Vice President Leasing/Director Of LeasingMorbitzer Group Inc/ Hardy & Callaway 1985 - 2002Orlando, Florida AreaServed Director of Leasing and Vice President of Leasing for Hardy & Callaway Development (shopping center developer) and Morbitzer Group, a third party leasing and property management companies company. Both companies are defunct.
Teri Young Skills
Teri Young Education Details
Frequently Asked Questions about Teri Young
What company does Teri Young work for?
Teri Young works for Koury Corporation
What is Teri Young's role at the current company?
Teri Young's current role is Director Of Property Management at Koury Corporation.
What is Teri Young's email address?
Teri Young's email address is te****@****tpm.com
What is Teri Young's direct phone number?
Teri Young's direct phone number is (678)-494*****
What schools did Teri Young attend?
Teri Young attended Gainesville State College.
What skills is Teri Young known for?
Teri Young has skills like Disposition, Shopping Centers, Lease Administration, Tenant, Leases, Location Intelligence, Brokerage, Landlord, Corporate Real Estate, Landlords, Property Management, Real Estate Economics.
Who are Teri Young's colleagues?
Teri Young's colleagues are Aainaa Hasanuddin, P.k Ng, Norhafizah Abd Razak, Ijad Izzat, Wennie Chai, Thái Thị Mỹ Châu, Choo Tien Ming.
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