Senior Property Manager, Commercial
About The Position
We are seeking an accomplished commercial real estate professional to lead the management, performance, and continued growth of a diverse portfolio comprised of 1.3 million square feet of mixed commercial space. This position requires a hands-on leader who can balance strategic portfolio oversight with the day-to-day demands of property operations, tenant relations, financial performance, leasing coordination, and capital planning. This is an opportunity for an entrepreneurial and results-oriented leader to help expand the commercial portfolio, improve asset performance, and build scalable property-management practices. As the portfolio grows, the position offers meaningful opportunities for increased responsibility, professional development, and long-term career advancement. We are looking for a collaborative and accountable leader who can protect property assets, strengthen tenant relationships, develop employees, manage costs, and deliver measurable results for ownership.
Requirements
- 5–10 years of progressive commercial property management experience, including responsibility for managing tenants, vendors, contractors, and employees
- Strong working knowledge of commercial building mechanical systems and preventative maintenance programs
- Financial acumen to read, understand, and analyze balance sheets, operating statements, budgets, rent rolls, and variance reports
- Direct and executive level commercial property management experience
- Microsoft Office applications
- Knowledge of Utah laws and regulations related to various real estate properties
- Expert knowledge of financial analysis and reporting
- Superb written and verbal skills
- Bachelor’s degree, or equivalent work experience
- You must possess a valid driver’s license and be insurable for company vehicles
Nice To Haves
- Yardi
- Commercial Broker’s License preferred, but Utah sales agent license required
Responsibilities
- Setting and executing measurable business goals and objectives
- Assuring the timely preparation of annual budgets
- Recommending capital expenditures
- Implementing commercial policies and procedures
- Supervising commercial property maintenance personnel
- Directly managing a portion of the commercial property portfolio and as such responsible for those duties of a Commercial Property Manager
- Directing, supervising, and monitoring the activities of commercial personnel on a day-to-day basis, including training, developing, and coaching employees within the commercial property personnel
- Preparing and conducting performance evaluations for staff supervised as required by Human Resources and ensuring that education, credentials, and licensing of personnel are current
- Review and approving commercial property operating statements for compliance with approved budgets
- Review proposed major expense variances from commercial property budgets and make recommendations to property owners
- Preparing, in a timely manner, of all documentation and information required for accounting department data input and report generation
- Overseeing delinquency collection efforts, including the handling of delinquent accounts
- Identifying major capital expenditure programs, such as remodeling programs and tenant improvements
- Monitoring revenues from management and leasing fees from the commercial property portfolio and analyze commercial portfolio costs to ensure a profitable operation for this portion of the property management department
- Approve all invoices and expenditure within approved expense limits
- Coordinate accounting support with the corporate Controller
- Review market data and recommendations to asset managers and/or property owners
- Monitoring each lease, property budgetary goals, governmental regulations, and Property Management Agreement requirements to ensure compliance
- Ensuring timely and accurate reporting to asset managers and/or ownership in accordance with the Property Management Agreement
- Implementing of the Investment Management Plan for commercial properties and ensure that said plans meet the property owners' standards, policies, goals, and objectives
- Seeking approval from asset management and/or ownership for all economic lease terms, amendments, addendums, and tenant credit approval for new and renewal commercial leases
- Overseeing the processing of all commercial property related leases, renewals, options, and vendor contracts
- Coordinating commercial property lease term parameters for approval by each asset manager and/or owner; participate in lease negotiations, implement commercial portfolio marketing and leasing strategy, and supervision of outside broker contracts
- Monitoring commercial property related Rent Rolls, Lease Expirations, Operational Variance Reports, Delinquency Reports, and other reports required by the Management Agreements
- Overseeing preventative maintenance programs, tenant retention programs, and emergency preparedness programs for the commercial portfolio
Benefits
- Professional development
- Long-term career advancement
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What This Job Offers
Job Type
Full-time
Career Level
Senior
