Property Manager

EastGroup Properties Inc; Irving (TX); On-site; USD 90,000 - 115,000; Full time

Job summary

EastGroup Properties is seeking a seasoned Property Manager to join our Dallas–Fort Worth team. You’ll oversee a premier industrial portfolio, cultivate strong tenant relationships, and drive financial and operational success across budgeting, reporting, and capital projects.

The role requires strong communication, coordination with architects for space plans, and leadership of the property management team to maximize value and tenant satisfaction in the market.

Qualifications

• Bachelor’s degree or 5+ years in commercial real estate demanded.
• 5+ years in commercial property management, leasing and construction.
• Experience with budgeting and financial reporting required.

Responsibilities

• Establish strong tenant relationships and respond promptly to inquiries.
• Conduct quarterly tenant visits to sustain positive relations.
• Administer annual tenant surveys and implement improvements.
• Generate annual budgets and quarterly projections for expenses and capital.
• Manage operating and capital expenses to meet budget objectives.
• Prepare and present monthly management reports with variance analysis.
• Oversee purchase orders and invoice workflow (PayScan).
• Coordinate leasing with VP, manage space plans with architects, and finalize TI scopes.
• Provide leadership and supervision to property management staff.
• Assist acquisitions and development teams with due diligence and inspections.

Skills

Tenant relations

Budgeting

Financial reporting

Vendor management

Communication skills

Project coordination

Interpersonal skills

Education

Bachelor’s degree in business/real estate/economics or related field

5+ years in commercial property management

Tools

Yardi

Job description

EastGroup Properties has an opportunity for a seasoned Property Manager to join our Dallas-Fort Worth team. This position plays a key role in supporting the management and performance of a premier industrial real estate portfolio throughout the Dallas-Fort Worth market. This position is responsible for fostering exceptional tenant relationships while overseeing the financial and operational success of the portfolio. From budgeting and financial reporting to interior construction projects, capital improvements, and strategic property initiatives, the Property Manager serves as a trusted partner in delivering outstanding tenant experiences, maximizing property value, and ensuring operational excellence.

Summary of Job Duties

• Establish a positive relationship with new and prospective tenants by providing strong customer service and responding to inquiries/open issues promptly.
• Conduct quarterly tenant visits (at a minimum) to proactively cultivate tenant relations
• Administer and facilitate annual tenant surveys, and review survey results to implement changes (or provide explanations as appropriate) to address any issues and maintain a positive relationship with each tenant.

Accounting & Reporting

• Generate annual budgets and quarterly reprojections for expenses and capital for the portfolio. Oversight of operating expense estimates and reconciliations. Assistance with annual reconciliations and collections.
• Manage operating and capital expenses for the portfolio to ensure budget guidelines are established and adhered to based on the company’s objectives.
• Perform and/or oversee monthly management report preparation, including variance reports, construction management fees, general ledger detail review, accounts receivable, etc. Write, summarize, and present data in a clear and concise management report.
• Manage and approve invoice and purchase order workflow in PayScan.

Leasing

• Ensure all available spaces are marketable and ready for leasing tours.
• Assist Vice President with lease renewals and new leases as required.
• Manage interaction with architects to produce space plans and construction documents.
• Assist with developing tenant improvement scopes of work and obtaining budget pricing.
• Provide legal counsel with required lease documentation for drafting lease documents.
• Track leasing encumbrances and providing required tenant notifications.

Vendor Selection, Project Management and Contract Administration

• Conduct competitive and ethical bidding procedures for building services, capital improvements and interior construction to ensure quality and competitive pricing.
• Create service and construction contracts with vendors and keep on-going contracts up to date.
• Oversee scheduling and completion of contract work.
• Review construction documents and proposed work descriptions for accuracy and value creation.
• Ensure compliance with local and national governmental laws and regulations.
• Develop beneficial relationships with service partners.
• Conduct regular site meetings in the field to inspect work and review options to resolve open issues effectively.
• Conduct inspections prior to approval of invoices and pay applications.
• Manage multiple projects simultaneously through effective time management and organizational skills.

Acquisitions, Development and Special Projects

• Assist with the due diligence process for potential acquisition of land and/or building(s).
• Track due diligence items and coordinate transfer of information with Seller.
• Coordinate and conduct tenant surveys at acquisition sites.
• Perform building inspections and report any concerns to acquisition team.
• Review financial data, property taxes, current insurance, tenant estoppels and any other pertinent data.
• Coordinate new or transfer of utility services at acquired or newly developed properties.
• Obtain competitive bids for installation or recurring services as required.
• Assist development or acquisition team with coordination of access, new services, building inspections or any other project as assigned.
• Provide leadership, supervision and team support for the property management and administrative staff.
• Prepare and deliver annual performance evaluation for direct reports.
• Provide oversight and manage day to day office activities.

Education & Experience

• Bachelor’s degree in business, real estate, economics, or related field or at least 5 years of experience working in a commercial or industrial real estate position.
• 5+ years’ experience (additional 5 years if no degree) in commercial property management, leasing and construction.

Knowledge, Skills & Abilities

• Solid understanding of financial terms and principles, with ability to conduct basic financial analysis.
• Excellent communication (both written and verbal) skills are required.
• Demonstrates sound judgment, ability to analyze and solve problems involving multiple factors in various situations.
• Strong inter-personal and customer service skills with the ability to maintain effective tenant relationships.
• Strong organizational skills with attention to detail.
• Proficient with all Microsoft applications and experience with property management software, preferably Yardi.

EastGroup Properties is an Equal Opportunity Affimative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.