Commercial Property Manager

The Inland Real Estate Group of Companies; Downers Grove (IL); Vor Ort; USD 90.000 - 120.000; Vollzeit

Zusammenfassung

The Inland Real Estate Group of Companies is seeking an experienced Commercial Property Manager to oversee a portfolio of retail properties in Downers Grove, IL. You will manage financial performance, operations, and tenant relations to maximize NOI and asset value.

As part of a collaborative team, you will work with tenants, vendors, accounting, leasing, and senior management to ensure financial objectives and high standards of property operations.

Qualifikationen

• Bachelor’s degree required.
• Minimum of 5 years of commercial property management experience.
• Experience managing a portfolio of retail properties or shopping centers preferred.

Aufgaben

• Manage day-to-day financial and operational performance of assigned retail properties.
• Develop and administer annual operating budgets and monitor performance.
• Prepare monthly budget variance reports and provide improvement recommendations.
• Conduct regular property inspections and ensure assets are well maintained.
• Identify and mitigate safety, risk, and liability concerns.
• Manage vendor relationships, review performance, negotiate contracts, ensure quality service.
• Build strong tenant relationships and respond to inquiries and operational needs.
• Monitor accounts receivable and support collection efforts and dispute resolution.
• Report collection activity and performance metrics to senior management.
• Oversee tenant improvement allowances and coordinate tenant construction.
• Collaborate with marketing on promotions, events, and signage.

Kenntnisse

Budgeting

Financial reporting

Tenant relations

Vendor management

Operations management

Communication

Multi-tasking

Travel readiness

Ausbildung

Bachelor’s degree

Jobbeschreibung

We are seeking an experienced Commercial Property Manager to oversee a portfolio of retail and shopping center properties. In this role, you will be responsible for the financial performance, operational excellence, and physical condition of assigned assets. The ideal candidate is a proactive, relationship-driven professional with strong commercial property management experience and a passion for delivering exceptional results.

As a key member of our team, you will work closely with tenants, vendors, property accounting, leasing, and senior management to maximize property value, enhance tenant satisfaction, and achieve financial objectives.

Key Responsibilities

• Manage the day-to-day financial and operational performance of assigned retail properties.
• Develop and administer annual operating budgets and monitor performance against budget goals.
• Prepare monthly budget variance reports and provide recommendations to improve performance.
• Conduct regular property inspections to ensure assets are maintained to the highest standards.
• Identify and mitigate safety, risk management, and liability concerns.
• Manage vendor relationships, review performance, negotiate contracts, and ensure quality service delivery.
• Build and maintain strong tenant relationships by responding to questions, concerns, and operational needs.
• Monitor tenant accounts receivable and actively support collection efforts and dispute resolution.
• Report collection activity and property performance metrics to senior management.
• Oversee tenant improvement allowances and coordinate tenant construction activities.
• Collaborate with marketing teams on property promotions, events, and signage initiatives.
• Ensure compliance with lease terms, operational agreements, maintenance responsibilities, corporate policies, and government regulations.

Qualifications

• Bachelor’s degree required.
• Minimum of 5 years of commercial property management experience.
• Prior experience managing a portfolio of retail properties and/or shopping centers preferred.
• Strong understanding of budgeting, financial reporting, capital improvement projects, and property operations.
• Excellent communication, organizational, problem-solving, and time management skills.
• Ability to build strong relationships with tenants, vendors, and internal stakeholders.
• Proficiency in managing multiple priorities in a fast-paced environment.
• Ability and willingness to travel approximately 50% of the time.

What You'll Bring

• Strong financial acumen with a focus on maximizing Net Operating Income (NOI).
• A customer-service mindset and commitment to tenant satisfaction.
• Proven ability to manage complex commercial real estate operations.
• Attention to detail, accountability, and a proactive approach to problem-solving.