Commercial Property Manager (Retail, Office, Industrial, Medical Buildings)

Cirrus Asset Management•Centennial, CO
•$80,000 - $90,000

About The Position

The Commercial Property Manager oversees day-to-day operations of commercial buildings and grounds in accordance with company policies, approved budgets, business plans, and management direction. Working with the Director of Commercial Division, the role develops business plans and annual operating budgets focused on increasing revenue, controlling costs, and maximizing property leasability. The position delivers tenant-focused service, leads teams in responding promptly to tenant needs, and manages property affairs to benefit tenants and property net operating income. It prepares financial reports and forecasts, manages vendor relationships and service quality, and oversees financial recordkeeping, rent collection, payables, accounting compliance, and expense control. The Commercial Property Manager also leads risk management, coordinates insurance and safety requirements, and follows up on accidents. The role serves as a liaison among the assigned property, Cirrus Asset Management management, and ownership groups, including supporting leasing activity, ensuring spaces are show-ready, estimating landlord work costs, and analyzing financial and statistical data.

Requirements

  • At least five years of successful professional property management experience in commercial real estate, including areas such as retail, office, industrial, or medical buildings.
  • Valid Colorado Real Estate license.
  • Ability to read, interpret, and understand commercial leases, abstract leases, and identify critical lease provisions.
  • Ability to present information effectively to management, business owners, and tenant groups.
  • Ability to respond effectively and promptly to sensitive inquiries or complaints.
  • Ability to apply mathematics to budgets, budget-to-actual variances, rent reconciliations, base-year calculations, contractor bids, and management reports.
  • Ability to make sound property decisions using market-based projections, commercial real estate market knowledge, and current trend analysis.
  • Proficiency in Microsoft Office, especially Excel, PowerPoint, and Word.
  • Experience with Yardi or similar software.

Nice To Haves

  • Bachelor’s degree in business, real estate, or a related field.
  • CPM and/or RPA candidacy.
  • Prior experience with maintenance or service ticketing system software.

Responsibilities

  • Oversee day-to-day operational management of buildings and grounds in accordance with company policies, approved budgets, business plans, and management direction.
  • Work with the Director of Commercial Division to develop business plans and annual operating budgets that increase revenue, control costs, and maximize property leasability.
  • Lead tenant-focused customer service and relationship programs, anticipate tenant needs, and ensure prompt responses to service requests.
  • Prepare timely and accurate financial reports, forecast management plans, and provide monthly performance reports with variance explanations.
  • Manage vendor relationships, including service expectations, contract obligations, bidding, insurance requirements, quality control, and cost-containment initiatives.
  • Collect rent and other receivables, invoice tenants as allowed by their leases, and pursue delinquent accounts.
  • Manage payables in line with approved budgets, contractor and supplier performance, accounting directives, and expense-containment initiatives.
  • Record transactions using corporate accounting systems and methods, maintain required documentation, and comply with policies, procedures, and timelines.
  • Lead risk management efforts to minimize exposure and losses.
  • Obtain insurance certificates and waivers from tenants, contractors, suppliers, and other third parties, and ensure adherence to applicable safety guidelines.
  • Follow up on accidents through reporting, investigation, and coordination for insurance, legal, and incident-prevention purposes.
  • Liaise among the assigned property, Cirrus Asset Management management, and ownership groups.
  • Ensure spaces are in show-ready condition, provide input during lease negotiations, and estimate costs for landlord work.
  • Gather and analyze financial and statistical data to support decision-making.

Benefits

  • Paid holidays
  • Paid sick time
  • Paid vacation time
  • Health insurance
  • Life insurance
  • Dental insurance
  • Vision insurance
  • 401(k) plan
  • Healthcare spending or reimbursement accounts
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