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

Cirrus Asset Management•Centennial, CO

2d•$80,000 - $90,000

About The Position

The Commercial Property Manager oversees day-to-day operations of assigned commercial buildings and grounds in accordance with Cirrus Asset Management policies and procedures, approved budgets, business plans, and management direction. Working with the Director of Commercial Division, the manager develops business plans and annual operating budgets that focus on increasing revenue, controlling costs, and maximizing property leasability. The role delivers tenant-focused customer service, leads the property team in anticipating tenant needs and responding promptly to service requests, and manages tenant and property matters to support tenant satisfaction and property net operating income. The manager prepares timely and accurate financial reports, forecasts management plans, and explains monthly performance variances. Responsibilities also include vendor and contract oversight, cost containment, financial recordkeeping, collections and payables, risk management, insurance and safety compliance, and post-incident follow-up. The manager serves as a liaison among the assigned property, Cirrus Asset Management’s management team, and ownership groups. Support may include keeping space show-ready, providing input during lease negotiations, estimating landlord work costs, and analyzing financial and statistical data for decision-making.

Requirements

At least five years of successful professional property management experience in commercial real estate, including retail, office, industrial, and/or medical buildings.
Valid Colorado Real Estate license.
Ability to read, interpret, and understand commercial leases, including abstracting leases and identifying 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 math skills to budgets, budget-to-actual variances, rent reconciliations, base-year calculations, contractor bids, and management reports.
Ability to make sound property decisions based on market projections, commercial real estate market knowledge, and current trends.
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 candidates.
Prior experience with maintenance or service ticketing system software.

Responsibilities

Oversee day-to-day operational management of buildings and grounds according to company policies, approved budgets, business plans, and management direction.
Work with the Director of Commercial Division to develop business plans and annual operating budgets focused on revenue growth, cost control, and property leasability.
Lead tenant-focused relationship programs and processes, anticipate tenant needs, and ensure positive, prompt responses to service requests.
Prepare and deliver timely, accurate, and complete financial reporting; forecast management plans and explain monthly performance variances.
Manage vendor relationships and contract obligations, including bid and insurance requirements; provide quality-control oversight and implement cost-containment initiatives.
Collect rents and other receivables, invoice tenants as permitted by leases, and pursue delinquencies.
Manage payables in accordance with approved budgets, supplier performance, accounting directives, and expense-containment initiatives.
Record transactions using corporate accounting systems and methods, and maintain documentation for management review and audits.
Lead risk-management efforts to minimize exposure and losses.
Obtain certificates of insurance and waivers from tenants, contractors, suppliers, and other third parties, and ensure adherence to applicable safety guidelines.
Conduct post-accident follow-up, including reporting, investigation, and liaison work for insurance, legal, and incident-prevention purposes.
Serve as liaison among the assigned property, the Cirrus Asset Management management team, and ownership groups.
Ensure space is show-ready, provide input during lease negotiations, and estimate landlord work costs.
Gather and analyze financial and statistical data to support decision-making.