Port Tampa Bay Welcomes New Vice President of Real Estate



Port Tampa Bay President & CEO Paul Anderson announced today the hiring of Bill Rain as its new Vice President of Real Estate. Rain joins Port Tampa Bay with more than 25 years of experience in commercial real estate. He will start the position on Wednesday, July 27, 2022.

As Vice President of Real Estate for Port Tampa Bay, Rain will be responsible for the planning and organization of the real estate department’s functions, as well as the development and implementation of their Strategic Plan. The Real Estate Strategic Plan is a key component of the port’s overall Strategic and Master Plans. The positions also oversees the Environmental Department’s responsibilities and staff. The position is key member of senior management and reports to the port’s Executive Vice President & Chief Commercial Officer.

"Port Tampa Bay has a long history as a landlord port. As our port continues record growth, new land deals and continues to build business relationships, we are thrilled to welcome Bill to our leadership team and are excited about his depth of knowledge and commercial real estate experience," said Anderson.

Rain most recently served as President of Metro Bay Development, which he founded in 2007 with other investors. While leading Metro Bay Development, he oversaw high-profile projects, including the redevelopment of the former Brooksville Regional Hospital into the mixed-use Grande ALF/ ILF project and the repositioning of the City of Tampa’s historic Water Works building into the Ulele Restaurant. Rain has also brokered and developed numerous projects in Florida.

Prior to Metro Bay Development, Rain worked for DeBartolo Development in Tampa and helped create a 500 million-dollar Community Reinvestment Act fund for various projects in San Francisco, Honolulu, and other cities looking for CRA-eligible funding. Rain also served as an Officer in the U.S. Army Finance Corp. After the Army, Rain moved back to his hometown of Dayton, Ohio where he helped to establish a firm with a goal of creating the urban ambiance he found in Charleston, South Carolina.

Bill Rain graduated from The Citadel with a degree in Business. Rain resides in Tampa with his wife of 32 years, Maureen, and has two children, Griffin and Claire.