Property Manager

CapRock Partners; Phoenix (AZ); On-site; USD 75,000 - 110,000; Full time

Job summary

CapRock Partners, based in Phoenix, seeks a Property Manager to oversee industrial assets, optimize cash flow, and ensure tenant satisfaction while coordinating maintenance, vendor contracts, and financial reporting.

You will collaborate with senior leadership to develop and implement operational plans, supervise staff, and maintain strong relationships with tenants and owners. On-site presence and proactive problem solving are essential keys to success.

Qualifications

• 3–5 years of experience in commercial or industrial property management with increasing responsibility.
• Bachelor’s degree in business, real estate, finance, or related field preferred (or equivalent experience); real estate license preferred.
• Strong working knowledge of commercial building operations and property management practices.
• Solid understanding of lease administration, CAM reconciliations, and financial operations including budgeting and monthly reporting.

Responsibilities

• Understand factors affecting property performance and develop plans to maximize cash flow and asset value.
• Coordinate and oversee vendor services and performance.
• Assist in financial tracking and expense control.
• Collaborate with leasing and accounting teams to support operations.
• Supervise Administrators/Assistant Property Managers.
• Maintain strong tenant, vendor, and owner communications and relationships.
• Ensure on-site presence and engagement with tenants; participate in owner-sponsored events.

Skills

Tenant relations

Financial analysis

Budgeting

Excel reporting

Vendor management

Time management

Education

Bachelor's degree or equivalent experience

Real estate license preferred

Tools

Yardi

Excel

Microsoft Office

Job description

Located in Phoenix, the Property Manager manages CapRock’s industrial assets or portfolios while ensuring optimal property performance and tenant satisfaction. This role maintains operational consistency, oversees maintenance and service contracts, and supports financial performance objectives. Working closely with senior leadership, the Property Manager develops core management and financial skills while providing exemplary customer service.

Essential Duties and Responsibilities:

• Understand the significant issues affecting a property’s performance and the respective tenant lease responsibilities. Develop and implement operational plans and actions that will achieve or surpass cash flow objectives and maximize the asset value while complying with established company objectives.
• Coordinate and oversee vendor services and performance.
• Assist in financial tracking and expense control.
• Collaborate with internal departments to support leasing and accounting efforts.
• Supervise and develop Administrators and/or Assistant Property Managers.
• Maintain personal contact with tenants, vendors, and owner representatives to ensure tenant satisfaction, resolving issues in a professional and timely manner, and oversee activities to promote solid, reliable relationships with tenants, vendors, and the surrounding community.
• Ensure compliance with codes, regulations and governmental agency directives, including
• Evaluate service contract requirements and oversee tenant improvement projects, prepare specifications, obtain/evaluate bids, negotiate and manage vendor contracts, and monitor vendor performance through regular inspections.
• Respond to after-hours emergencies in person or by phone depending on the severity of the situation.
• Lead in-house property management processes and technology solutions, including billing/rent collection, vendor relations/management, work order processes, and Yardi setup and ongoing maintenance.
• Manage all aspects of the tenant onboarding process and develop strong relationships with existing and future tenants.
• Be physically present and visible on-site, frequently meet with tenants, and organize/attend any owner-sponsored tenant social events.
• Identify and prioritize operational initiatives that can improve quality of operations and decrease costs.
• Ensure effective budgeting of expenses and effective operations within budget, while providing proper notification and explanation when circumstances result in variances.
• Manage property accounting and analysis and provide monthly and quarterly financials to Accounting in accordance with applicable deadlines.
• Coordinate monthly operations reviews and respond to ad hoc internal and external requests.
• Provide regular updates to company leaders on all property management activities and forward-looking strategies to optimize operations.

What do you need to succeed?

• Bachelor’s degree in business, real estate, finance, or a related field preferred, or equivalent experience; real estate license preferred.
• 3-5 years of experience in commercial or industrial property management with demonstrated ability to manage properties with increasing responsibility.
• Strong working knowledge of commercial building operations and property management practices.
• Solid understanding of commercial leases, lease administration, and CAM reconciliations.
• Experience with financial operations including budgeting, monthly reporting, expense variance analysis, accruals, and AR and AP oversight.
• Strong financial and analytical skills, including proficiency in Excel-based reporting.
• Proficiency in Microsoft Office; experience with Yardi preferred.
• Strong verbal and written communication skills, with the ability to interact effectively with tenants, vendors, clients, and internal teams.
• Strong organizational and time management skills with the ability to prioritize and manage multiple responsibilities in a fast-paced environment.
• High attention to detail and consistent follow-through.
• Ability to work independently, take initiative, and remain accountable for results.
• Team-oriented with a strong customer service mindset and the ability to collaborate effectively across stakeholders.
• Experience reviewing and interpreting commercial lease and contract language.

Who are we?

CapRock is one of the leading industrial investors and developers in the Western United States. We specialize in acquiring middle‑market value‑add industrial properties, generally between $20M-$50M per acquisition, and large-scale Class A logistics developments in California, Arizona, and Nevada. Since 2009, we have acquired, developed, or have in our pipeline more than 20,000,000 square feet of industrial real estate.

What do we do?

Do you have a fun, fast-paced, creative, problem-solving, get-it-done mindset of an entrepreneur?Do you take pride in your work, striving for the highest levels of quality and excellence, but don’t take yourself too seriously?If so, you'll love being on our team.Our goal as a company is to provide our investors with institutional quality and an entrepreneurial spirit.That goal also applies to our finance and accounting team as we deliverhigh-quality reporting and analysis for investors, external counterparties, regulators, and management decision-making.Our team works with all internal groups as a business partner rather than a back‑office function.

What do we value?

• Strive for EXCELLENCE
• FIDUCIARY responsibility is a sacred trust