Commercial Portfolio Manager

Cushman & Wakefield | Thalhimer

Glen Allen (VA)

On-site

USD 70,000 - 100,000

Full time

12 days ago
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Job summary

Cushman & Wakefield | Thalhimer is seeking a Property Manager to oversee a portfolio of properties in Glen Allen, VA, including retail, office, and industrial spaces. You will supervise on-site staff, coordinate maintenance, and drive asset performance for clients and tenants.

The role emphasizes financial reporting, budgeting, risk management, and strong client and tenant relations. A proven leadership, communication, and detail-oriented approach is essential for success.

Qualifications

  • Bachelor's degree preferred or 5 years related property management experience.
  • Strong leadership and communication abilities.
  • Detail-oriented with the ability to multitask.
  • Proficient with computer systems and office software.

Responsibilities

  • Maintain the physical asset and oversee maintenance operations.
  • Procure, coordinate, manage, and supervise employees and contractors.
  • Conduct site inspections of property interior and exterior.
  • Make recommendations for physical repairs and replacements and manage risk items.
  • Prepare and monitor the property operating budget.
  • Review monthly financial reports and approve invoices.
  • Communicate with accounting and lease administration.
  • Ensure property files and records are maintained.
  • Lead employee selection, training, and policy compliance.
  • Interface with outside professionals on legal, accounting, insurance, tax matters.
  • Spend time in office and on property visits to gain market knowledge.
  • Complete duties in a professional and timely manner.

Skills

Leadership
Communication skills
Attention to detail
Multitasking
Computer skills

Education

Bachelor's degree or 5 years related experience

Job description

PRIMARY FUNCTION

Responsible for maintaining both the physical and fiscal aspects of a portfolio of properties (i.e. retail, office, industrial, office-medical, etc.) with a thorough understanding of real estate fundamental and business management.

EDUCATION

A Bachelor's degree from accredited college or university, preferred, or 5 years related experience in property management.

QUALIFICATIONS
  • Strong leadership and motivational abilities.
  • Exceptional communication skills and the ability to interact with a wide range of people.
  • Attention to detail.
  • Ability to multi-task.
  • Computer skills, positive attitude, and team-oriented approach.
BASIC FUNCTION
  • Maximizing the value of the property in accordance with each client's mission, goals, and objectives.
RELATIONSHIPS
  • Supervises all on-site personnel, as applicable, at properties assigned.
  • Maintains relationships with associates and all other departments within the company.
  • Maintains relationships with supplies, vendors, and others serving the Company or the property.
  • Maintains relationships with clients and tenants of assigned portfolio.
ACTIVITIES

The activities listed here are not all-inclusive; rather, they indicate the types of activities normally performed by this position.

  • Maintaining the physical asset.
    • Procure, coordinate, manage, and supervise employees and contractors necessary for the maintenance operations of the property.
    • Conducts formal site inspections of property interior and exterior.
    • Makes recommendations for physical repairs and/or replacements.
    • Ensures observance of any risk management items.
  • Financial reporting and control
    • Approve invoices and processes in accordance with Company procedures.
    • Reviews all monthly financial reports prior to submittal to client(s).
    • Communications with accounting and lease administration.
    • Preparation and monitoring of property operating budget.
  • Administration
    • Handles employee selection, training, and control, and assures that all supervised employees comply with the appropriate policies and procedures.
    • Interfaces with outside professionals regarding legal, accounting, insurance, tax, and other matters, as appropriate.
    • Ensures property files and records are maintained.
    • Continually improves management and technical skills.
    • Spends agreed-upon percentage of time in both office and property visits obtaining market knowledge, tenant relations, and asset evaluation.
    • Completes all duties in a professional and timely manner.
  • Expectations
    • Polite/respectful (internal and external)
    • Committed to customer service
    • Professional in both dress and demeanor
    • Take ownership and understand entire property operations - physical/fiscal
    • Communicate effectively and efficiently (keeps all parties informed)
      • Owners
      • Tenants
      • Brokers
      • Accounting
    • Maintain effective balance
    • Responsive to requests whether internal or external to the company
    • Team member and collaborative
    • Understand "big picture" of property and operations and how to increase NOI (net operating income) for owner/client

Cushman & Wakefield | Thalhimer is an Equal Opportunity Employer.

Salary: $70000 - $100000 per year

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