Industrial Property Manager

Stream Realty•Austin, TX

12d•Onsite

About The Position

The Industrial Property Manager oversees a portfolio of industrial assets on behalf of Stream's third-party and institutional clients. You'll own the financial and operational performance of each asset. That includes preparing budgets and CAM reconciliations, delivering ownership reporting, managing vendors and capital projects, and building lasting relationships with clients and tenants.

Requirements

Bachelor's Degree preferred
3+ years of Commercial Property Management experience managing assets; supervisory responsibility preferred
Industrial experience preferred; office, retail, and mixed-use backgrounds considered
CPM, RPA, or ACoM designation (or in progress) preferred
Strong written and verbal communication skills; experience interacting with clients, vendors, teammates, and management
Hands-on experience preparing annual budgets, ownership reports, and CAM reconciliations
Previous experience using real estate software (Yardi or MRI, Kardin, AvidXchange, Impak, or similar programs)
Proficiency with Microsoft Excel, Word, and Teams
Analytical
Ability to multitask
Ability to travel locally to properties on a regular basis
Attributes that align with Stream's core values of Smart, Honest, Nice, and Passionate

Responsibilities

Responsible for coordination of all property management-related activities, including day-to-day building operations, accounts payable, accounts receivable, reporting, and client/tenant/vendor relations.
Work closely with Construction, Leasing, Marketing, and Accounting Teams to ensure the "Stream Team" is providing the highest level of service to our clients.
Ensure all Stream policies and best practices are implemented and followed.
Understand and ensure compliance with the Management Agreement(s) and all Client policies and procedures.
Conduct routine on-site property inspections and associated follow-ups to prevent/identify/resolve problems and exposures.
Prepare and adhere to operating and capital budgets and re-forecasts, as well as prepare annual expense recovery estimates and CAM reconciliations.
Coordinate all property-related contracts, services, repairs, and capital projects.
Prepare, review, and submit the monthly/quarterly/annual financial and operational reports as per Client requirements. Prepare monthly expense variance comments for the client(s).
Review and approve invoices/AP batches, and monthly rent edits. Review and ensure the accuracy of the General Ledger.
Tenant lease review and set up in the designated accounting system.
Adhere to Stream property management annual audit.
Coordinate real estate tax review process for the portfolio/assignment.
Process and oversee all TI applications for accounting submission and payment.
Maintain personal contact with all vendors, tenants, and clients.
Respond to and resolve after-hours emergency calls as needed.
Supervisory responsibility for designated personnel.
Review, approve, and submit team expense reports and PTO requests.
Assist in the completion of annual performance reviews and regularly communicate performance to direct reports.