Industrial Property Manager

Stream Realty•Dallas, TX
•Onsite

About The Position

The Property Manager provides first-class property management services to third-party clients and owners. The role manages the financial and operational needs of a portfolio of industrial property assets, including client interaction, tenant and vendor relations, lease administration, budgeting, and supervision of designated personnel. The position coordinates day-to-day building operations and property-related financial activities, works with internal teams to provide high-quality client service, and ensures compliance with Stream policies, management agreements, and client procedures. It also oversees inspections, budgets and forecasts, contracts, repairs, capital projects, financial reporting, accounting reviews, lease setup, tax reviews, tenant improvement applications, and staff performance-related activities. After-hours emergency calls are handled as needed.

Requirements

  • Bachelor's degree preferred.
  • 3+ years of commercial property management experience with supervisory responsibility preferred.
  • Strong written and verbal communication skills, including experience interacting with clients, vendors, teammates, and management.
  • Experience preparing annual budgets, ownership reports, and CAM reconciliations.
  • Experience using real estate software such as Yardi or MRI, Kardin, AvidXchange, IMPAK, or similar programs.
  • Proficiency with Microsoft Excel, Word, and Teams.
  • Analytical ability.
  • Ability to multitask.
  • Attributes aligned with Stream's core values of Smart, Honest, Nice, and Passionate.

Nice To Haves

  • Bachelor's degree.
  • 3+ years of commercial property management experience with supervisory responsibility.
  • CPM or RPA designation, or designation in progress.

Responsibilities

  • Coordinate property management activities, including day-to-day building operations, accounts payable and receivable, reporting, and client, tenant, and vendor relations.
  • Work with Construction, Leasing, Marketing, and Accounting teams to deliver service to clients.
  • Ensure Stream policies and best practices are implemented and followed.
  • Ensure compliance with management agreements and client policies and procedures.
  • Conduct routine property inspections and follow up to prevent, identify, and resolve problems and exposures.
  • Prepare and adhere to operating and capital budgets, re-forecasts, annual expense recovery estimates, and reconciliations.
  • Coordinate property-related contracts, services, repairs, and capital projects.
  • Prepare, review, and submit monthly, quarterly, and annual financial and operational reports according to client requirements.
  • Prepare monthly expense variance comments for clients.
  • Review and approve invoices and accounts payable batches, and monthly rent edits.
  • Review and ensure the accuracy of the general ledger.
  • Review tenant leases and set them up in the designated accounting system.
  • Adhere to Stream's annual property management audit.
  • Coordinate the real estate tax review process for the portfolio or assignment.
  • Process and oversee tenant improvement applications for accounting submission and payment.
  • Maintain personal contact with vendors, tenants, and clients.
  • Respond to and resolve after-hours emergency calls as needed.
  • Supervise designated personnel.
  • Review, approve, and submit team expense reports and PTO requests.
  • Assist with annual performance reviews and regularly communicate performance to direct reports.

Benefits

  • Competitive salaries
  • Bonuses
  • Medical, dental, and vision insurance
  • Pharmacy benefits
  • Health savings account
  • Flexible spending accounts
  • 401(k) plan with company matching
  • PTO
  • Holiday pay
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