Commercial Property Manager

The Inland Real Estate Group of CompaniesOak Brook, IL
$97,589 - $124,426Hybrid

About The Position

We are seeking an experienced Property Manager to oversee a portfolio of retail and shopping center properties. In this role, you will be responsible for the financial performance, operational excellence, and physical condition of assigned assets. The ideal candidate is a proactive, relationship-driven professional with strong commercial property management experience and a passion for delivering exceptional results. As a key member of our team, you will work closely with tenants, vendors, property accounting, leasing, and senior management to maximize property value, enhance tenant satisfaction, and achieve financial objectives.

Requirements

  • Bachelor’s degree required.
  • Minimum of 5 years of commercial property management experience.
  • Strong understanding of budgeting, financial reporting, capital improvement projects, and property operations.
  • Excellent communication, organizational, problem-solving, and time management skills.
  • Ability to build strong relationships with tenants, vendors, and internal stakeholders.
  • Proficiency in managing multiple priorities in a fast-paced environment.
  • Ability and willingness to travel approximately 50% of the time.

Nice To Haves

  • Prior experience managing a portfolio of retail properties and/or shopping centers preferred.

Responsibilities

  • Manage the day-to-day financial and operational performance of assigned retail properties.
  • Develop and administer annual operating budgets and monitor performance against budget goals.
  • Prepare monthly budget variance reports and provide recommendations to improve performance.
  • Conduct regular property inspections to ensure assets are maintained to the highest standards.
  • Identify and mitigate safety, risk management, and liability concerns.
  • Manage vendor relationships, review performance, negotiate contracts, and ensure quality service delivery.
  • Build and maintain strong tenant relationships by responding to questions, concerns, and operational needs.
  • Monitor tenant accounts receivable and actively support collection efforts and dispute resolution.
  • Report collection activity and property performance metrics to senior management.
  • Oversee tenant improvement allowances and coordinate tenant construction activities.
  • Collaborate with marketing teams on property promotions, events, and signage initiatives.
  • Ensure compliance with lease terms, operational agreements, maintenance responsibilities, corporate policies, and government regulations.

Benefits

  • Medical/Dental/Vision insurance (PPO)
  • Participation in the company 401(k) plan with a company match
  • Vacation Time
  • Nine Paid Holidays
  • Three floating holidays per year
  • Sick time
  • Tuition reimbursement opportunity
  • Company-paid life insurance equaling your annual base salary
  • Company-paid short-term and long-term disability
  • Paid Parental Leave
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