Commercial Property Manager
This job involves managing commercial properties, including leasing, maintenance, and tenant relations, to ensure profitable and efficient operations.
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Sample Job Descriptions for Commercial Property Manager
Below are the some sample job descriptions for the different experience levels, where you can find the summary of the role, required skills, qualifications, and responsibilities.
Junior (0-2 years of experience)
Summary of the Role
We are seeking a dedicated Junior Commercial Property Manager to join our team to manage commercial properties, ensuring high levels of tenant satisfaction and property performance. This entry-level position is perfect for individuals looking to start a career in property management with opportunities for growth and professional development.
Required Skills
- Customer service orientation
- Problem solving
- Attention to detail
- Financial acumen
- Adaptability
- Teamwork and collaboration
Qualifications
- Bachelor's degree in Real Estate, Business Administration, or related field (or equivalent work experience).
- Ability to obtain a real estate license if required by state law.
- Strong organizational and time management skills.
- Excellent communication and interpersonal abilities.
- Basic understanding of commercial real estate industry and property management principles.
- Proficiency in office software, including Microsoft Office and property management systems.
Responsibilities
- Oversee the daily operations of commercial properties, including maintenance and tenant relations.
- Assist in the preparation and management of property budgets.
- Coordinate with vendors and contractors for property services and repairs.
- Conduct regular property inspections to ensure upkeep and safety standards are met.
- Assist with lease administration, including lease renewals and enforcement of lease terms.
- Respond to tenant inquiries and resolve complaints in a timely and professional manner.
- Support senior property managers with reporting and property performance analysis.
- Maintain accurate records of all property transactions and tenant information.
Intermediate (2-5 years of experience)
Summary of the Role
The Commercial Property Manager is responsible for overseeing the daily operations of commercial properties, such as office buildings, retail spaces, and industrial sites. This position involves tenant relations, property maintenance, and financial management to ensure profitability and maintain asset value.
Required Skills
- Excellent communication and interpersonal skills.
- Strong organizational and time management abilities.
- Proficiency in property management software and Microsoft Office.
- Ability to make sound decisions and solve problems effectively.
- Negotiation and conflict resolution skills.
Qualifications
- Bachelor's degree in Business Administration, Real Estate, or a related field.
- Minimum of 2-5 years of property management or relevant real estate experience.
- Strong knowledge of property management laws and regulations.
- Experience with financial reporting, budgeting, and expense management.
- Real Estate license or certification (as required by the state).
Responsibilities
- Manage and oversee the operation, maintenance, and administration of commercial real estate properties.
- Develop and maintain positive relationships with tenants, responding to their needs and addressing issues promptly.
- Coordinate with leasing agents to maximize occupancy levels through effective marketing strategies and tenant retention plans.
- Prepare and manage budgets, financial reports, and projections to ensure the profitability of the properties.
- Negotiate contracts and oversee the work of contractors, vendors, and service providers.
- Ensure compliance with all laws, regulations, and lease terms affecting the property.
- Conduct regular inspections to ensure properties are well-maintained and to identify any necessary repairs or upgrades.
- Implement cost control and revenue enhancement measures.
Senior (5+ years of experience)
Summary of the Role
Seeking an experienced Commercial Property Manager to oversee our real estate properties and ensure our ownership objectives are met. The ideal candidate will be responsible for all aspects of property management, including operations, tenant relations, and financial performance.
Required Skills
- Excellent leadership and interpersonal communication.
- Solid organization and time management.
- Strategic thinking and problem-solving abilities.
- Financial acumen and analytical skills.
- Proficient in Microsoft Office Suite or similar software.
Qualifications
- Bachelor's degree in Real Estate, Business Administration, or related field.
- Minimum of 5 years of experience in the management of commercial properties.
- Strong understanding of real estate law, finance, and leasing practices.
- Experience with property management software and financial reporting tools.
- Certification as a Certified Property Manager (CPM) or similar is advantageous.
Responsibilities
- Effectively manage commercial properties to ensure financial goals are met while maintaining strong relationships with tenants.
- Oversee and coordinate property maintenance and capital improvements, ensuring that all work is completed to a high standard.
- Negotiate lease agreements, renewals, and terminations.
- Conduct regular property inspections and enforce compliance with building regulations and lease terms.
- Develop and manage annual budgets for properties and monitor financial performance, reporting to stakeholders on variances and corrective actions.
- Coordinate with leasing agents to maximize occupancy levels.
- Handle tenant complaints and emergencies promptly and efficiently.
- Ensure compliance with relevant laws, regulations, and company policies.
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