Commercial Property Manager

Vaco

Fort Wayne (IN)

On-site

USD 90,000 - 130,000

Full time

4 days ago
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Benefits offered by this job

Three weeks vacation to start
401(k) with 4% company match
Medical, dental, vision, and HSA
Life insurance and disability coverage
Car allowance

Job summary

Not disclosed is seeking a Commercial Property Manager to lead a Fort Wayne, IN portfolio of office, retail, and medical properties. The role offers autonomy with ownership of operations, finances, and tenant relations, supported by a dedicated accounting and admin team.

You will drive operating efficiency, manage CAM recoveries, oversee budgets and reports, and maintain strong tenant satisfaction across the portfolio. On-site leadership with local travel and a car allowance is expected.

Qualifications

  • 5+ years in commercial property management or related CRE role
  • Strong knowledge of leases, CAM, and operating expense recoveries
  • Experience with budgets, forecasts, financial reporting, and receivables
  • Proven ability to lead, delegate, and motivate a team
  • Excellent written and verbal communication, professional under pressure
  • Ability to manage multiple properties and priorities
  • Proficiency in MS Office, especially Excel, and willingness to learn PM software
  • Valid driver's license and driving record meeting auto insurance requirements

Responsibilities

  • Run day-to-day operations for a portfolio of office, retail, and medical properties
  • Supervise preventive and reactive maintenance across the portfolio
  • Inspect properties to keep buildings safe, clean, and professional
  • Develop SOPs and strategies to improve efficiency and asset value
  • Oversee rent collection, AR follow-up, and expense management
  • Review financial reports, identify variances, and take corrective action
  • Lead tenant relations and lease administration across the portfolio
  • Negotiate and manage vendor/contract agreements
  • Coordinate capital improvement projects and monitor vendor performance
  • Lead and develop the administrative and customer service team

Skills

Property management
Leadership
Budgeting
Communication
Vendor management
Negotiation

Education

Bachelor's degree in business/real estate/finance

Tools

Microsoft Office
Property management software

Job description

Commercial Property Manager / Portfolio Manager

Fort Wayne, IN

About the Opportunity:

A well-established, family-owned commercial real estate firm in Fort Wayne is hiring a Commercial Property Manager to lead its commercial property portfolio. The portfolio is mostly full-service office space, plus retail properties with some full-service medical tenants.

The company has grown from mostly third-party management into an owner-operator that now owns more than half of the portfolio it manages, so the person in this role will have real decision-making authority.

This is a hands-on leadership role with a lot of autonomy. The right person can take ownership of the portfolio and shape how it runs. You'll have a dedicated customer service, administrative, and accounting team behind you, so your time goes to operations, relationships, and leadership instead of paperwork.

What You'll Do:

Property Operations & Asset Management

  • Run day-to-day operations for a portfolio of commercial office, retail, and medical properties
  • Supervise preventive and reactive maintenance across the portfolio
  • Inspect properties regularly so buildings, grounds, and systems stay safe, clean, and professional
  • Develop operating procedures and strategies that improve efficiency, control expenses, and increase asset value
  • Spot operational issues and recommend solutions that fit ownership's goals
  • Ensure compliance with federal, state, and local regulations, lease requirements, and company policies
  • Help lead upcoming property projects

Financial Management & Reporting

  • Work with the internal accounting team on operating budgets, forecasts, and capital plans
  • Oversee rent collection, accounts receivable follow-up, and expense management
  • Understand and manage Common Area Maintenance (CAM) and operating expense recoveries under different lease structures
  • Review financial reports, identify variances, and take corrective action
  • Provide clear, timely reports and updates to leadership

Tenant Relations & Lease Administration

  • Build strong, professional relationships with tenants and serve as the main relationship manager across the portfolio
  • Respond quickly and effectively to tenant requests and concerns
  • Oversee lease administration and track lease obligations
  • Communicate property updates and maintenance activities clearly
  • Support tenant satisfaction and retention

Vendor Management & Contracts

  • Negotiate, approve, and manage vendor and contractor agreements
  • Coordinate maintenance, repairs, inspections, and capital improvement work
  • Monitor vendor performance, quality, cost, and contract compliance

Leadership

  • Lead and delegate to an administrative and customer service team
  • Help shape the structure and titles of the support team
  • Work closely with ownership, accounting, and facilities maintenance staff
  • Use sound judgment to handle challenges independently and keep competing priorities moving
What We're Looking For:
Required
  • 5+ years of experience in commercial property management, corporate facilities management, or a closely related commercial real estate role (landlord or tenant side)
  • Strong understanding of commercial leases, legal documents, and how CAM and operating expense recoveries work
  • Experience with budgets, expense monitoring, financial reporting, and receivables
  • Proven ability to lead, delegate to, and motivate a team
  • Sound judgment, strong business sense, and emotional intelligence
  • Excellent written and verbal communication skills, with professional composure in difficult situations
  • Ability to manage multiple properties and time-sensitive priorities
  • Proficiency in Microsoft Office, especially Excel, and willingness to learn property management software
  • Valid driver's license and a driving record that meets company auto insurance requirements
Preferred
  • 7+ years of commercial property management experience, including oversight of multiple properties or a diverse portfolio
  • Full-service office property experience
  • CPM (Certified Property Manager) or CFM (Certified Facility Manager) designation, or involvement in industry organizations such as SIOR
  • Real estate or broker license
  • Bachelor's degree in business, real estate, finance, or a related field
  • Experience managing vendor contracts and supervising staff

**Residential or multifamily-only experience is generally not a fit.

Work Environment
  • On-site at the company's headquarters in Fort Wayne
  • Standard hours are generally 8:00 a.m. to 5:00 p.m., Monday through Friday
  • Regular local travel to properties in the portfolio, supported by a car allowance
  • After-hours issues come up occasionally and are shared with building engineers and other support staff
Benefits & Perks
  • Three weeks of vacation to start, plus paid holidays
  • 401(k) with a 4% company match, 100% vested on day one
  • Medical, dental, vision, and HSA
  • Life insurance, short- and long-term disability, and accident and illness coverage
  • Car allowance

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