San Diego port official named new city real estate assets director
San Diego Mayor Todd Gloria announced on Friday his selection to head the city’s vast real estate portfolio – longtime Penny Mouse, San Diego Harbor Official.
Selected from a field of nearly 30 applicants, Maus will succeed former Real Estate Wealth Director Cybele Thompson, who resigned in August after addressing the troubled takeover of Sempra Energy’s former headquarters at 101 Ash St.
“Penny has a proven track record of finding and nurturing new business developments, managing a diverse portfolio of assets, and developing cost-saving measures that benefit San Diegans,” said Gloria in his announcement.
“She was an advocate for equitable coastal access in the Port of San Diego, which is in line with our goals of making San Diego a better place for all of us,” added the mayor. “Your experience in the public sector will help move our real estate wealth department in a positive direction.”
Maus said she was honored to be selected for the job and looked forward to taking stock of the city’s real estate assets and developing ways to optimize and diversify her holdings.
“My goal will be for the city’s real estate division to serve as the model that government agencies in California and beyond look for excellence,” she said in a statement.
Maus spent 13 years in the San Diego Port, which manages the tidelands around San Diego Bay. During her stay at the port, she helped manage several large projects from start to finish, the mayor’s office said.
Among other things, she worked on the redevelopment of the Marriott Marquis Hotel valued at $ 200 million, the remake of the Portside Pier restaurant complex valued at $ 25 million, and the permanent location of the port’s Bay Tour Operators.
Maus also has experience in commercial real estate. Previously, she worked at the local Jack in the Box and Petco Animal Supplies corporate offices.
The city’s real estate assets division manages more than 1,600 urban properties and leases, including two urban airports, Balboa Park and Petco Park. The department is also tasked with managing the city’s needs for facilities, including potential locations for libraries, fire stations, and parks.
Mouse, 46, receives a base salary of $ 185,000 a year. She starts work on March 22nd.