The Commercial Property Manager is responsible for the overall management and operation of a portfolio of commercial real estate properties, including office, retail, and/or industrial assets. This position ensures that properties are maintained, leased, and operated in a manner that meets ownership objectives and delivers a high level of tenant satisfaction. The ideal candidate is a proactive problem-solver with strong leadership, financial acumen, and customer service skills.
Key Responsibilities:- Oversee daily operations of assigned commercial properties, ensuring effective management and maintenance.
- Develop and implement annual operating and capital budgets; monitor financial performance and prepare regular reports.
- Negotiate, prepare, and manage lease agreements, renewals, and tenant improvements in collaboration with leasing teams.
- Maintain positive tenant relations, promptly responding to requests, resolving issues, and ensuring lease compliance.
- Coordinate and supervise vendors and contractors for maintenance, repairs, and capital projects.
- Conduct regular property inspections to ensure compliance with safety, cleanliness, and operational standards.
- Enforce lease terms and conditions, including rent collection and delinquency management.
- Prepare monthly, quarterly, and annual property reports for ownership or senior management.
- Ensure compliance with all local, state, and federal regulations, including building codes and safety requirements.
- Collaborate with accounting and legal teams to address billing issues, disputes, and legal matters.
- Identify opportunities to improve property performance and value through cost savings, upgrades, or increased tenant satisfaction.
Qualifications:- Bachelor's degree in Business Administration, Real Estate, Property Management, or a related field preferred.
- 3-5+ years of experience in commercial property management or a related field.
- Professional designation such as CPM (Certified Property Manager) or RPA (Real Property Administrator) is a plus.
- Strong knowledge of property management software (e.g., Yardi, MRI, AppFolio) and MS Office Suite.
- Excellent communication, negotiation, and organizational skills.
- Demonstrated ability to manage budgets and interpret financial statements.
- Familiarity with local real estate laws and regulations.
- Ability to work independently and handle multiple priorities in a fast-paced environment.