Senior Real Estate Manager

The Frassetto Companies; Upper Saddle River (NJ); On-site; USD 110,000 - 130,000; Full time

Job summary

The Frassetto Companies is seeking a Senior Property Manager to oversee day-to-day operations, leasing, and compliance for a 26-building industrial portfolio totaling about 2,000,000 square feet. Responsibilities include lease drafting, tenant relations, and contractor management, with in-house accounting handling finances.

Qualifications include 5+ years in commercial property management (industrial/NNN preferred), LOI/lease drafting, and NJ municipal process familiarity.

Qualifications

• 5+ years of commercial property management experience, preferably industrial or NNNS properties.
• Draft LOIs and commercial leases.
• Working knowledge of NNN lease structures and landlord/tenant responsibilities.
• Experience managing contractors and building trades (roofing, paving, site work).
• Familiarity with NJ municipal approval process (CO, zoning, fire).
• Exceptionally detail-oriented with accuracy to draft leases and track insurance certificates.
• Highly organized; manage multiple properties, deadlines, and projects.
• Excellent interpersonal skills: professional, personable, and responsive to tenants and town officials.
• Ability to work independently and take ownership of portfolio.
• Proficiency in Microsoft Office (Word and Excel).
• Experience with Yardi or MRI property management software.
• Valid driver's license and reliable vehicle for travel.
• NJ Real Estate license or paralegal experience a plus.

Responsibilities

• Draft letters of intent and initial lease agreements.
• Market available space and coordinate with outside brokers.
• Serve as primary contact for tenants; respond to building issues.
• Monitor lease terms, maintenance obligations, and insurance.
• Track certificates of insurance for tenants and vendors.
• Bid, hire, and manage contractors for building trades.
• Prepare tenant applications for municipalities (CO, zoning, fire).
• Ensure compliance with fire, life-safety, and local codes.
• Conduct regular property inspections and recommend improvements.
• Maintain calendar of lease expirations and renewals.
• Coordinate with accounting on vendor invoices and tenant billing.

Skills

Commercial property management

LOI/lease drafting

NNN lease knowledge

Contractor management

NJ approvals

Detail-oriented

Highly organized

Interpersonal skills

Independent ownership

MS Office

Yardi/MRI

Driver's license

NJ Real Estate license/paralegal aPlus

Tools

Microsoft Word

Microsoft Excel

Yardi

MRI

Job description

The Senior Property Manager oversees the day-to-day operation, leasing and compliance of a portfolio of 26 net-leased industrial buildings totaling approximately 2,000,000 square feet. This hands-on position covers lease drafting, tenant relations, contractor management and municipal approvals. Our in-house property accounting team handles financial reporting.

RESPONSIBILITIES:

• Draft letters of intent and initial lease agreements based on negotiated terms, and coordinate with legal counsel on final documents
• Market available space, including listings, advertising, signage, and coordination with outside brokers
• Serve as primary point of contact for tenants and respond promptly to building issues
• Monitor tenant compliance with lease terms, including use, maintenance obligations, alterations, insurance and outdoor storage
• Track and maintain current certificates of insurance for all tenants and vendors
• Bid, hire and manage contractors for snow removal, landscaping, roofing, paving and other building trades
• Prepare and manage tenant applications to municipalities, including certificates of occupancy, zoning/use approvals, fire inspections and sign permits
• Ensure building compliance with fire, life-safety and local code requirements
• Conduct regular property inspections and recommend repairs and capital improvements
• Maintain a calendar of lease expirations, renewal options and other critical dates
• Work with the accounting team on vendor invoices, tenant billing questions and budgets

QUALIFICATIONS:

• 5+ years of commercial property management experience, preferably with industrial or NNN properties
• Demonstrated experience drafting LOIs and commercial leases
• Working knowledge of NNN lease structures and landlord/tenant responsibilities
• Experience managing contractors and building trades, including roofing, paving and site work
• Familiarity with the New Jersey municipal approval process (CO, zoning, fire)
• Exceptionally detail-oriented, with the accuracy to draft leases, track insurance certificates and catch lease compliance issues
• Highly organized, able to manage multiple properties, deadlines and projects at once without letting anything slip
• Excellent interpersonal skills: professional, personable and responsive in daily dealings with tenants, contractors and town officials
• Ability to work independently and take ownership of the portfolio
• Proficiency in Microsoft Office, including Word and Excel spreadsheets
• Experience with Yardi or MRI property management software preferred
• Valid driver's license and reliable vehicle for travel between properties
• NJ Real Estate license and or paralegal experience a plus

COMPENSATION & BENEFITS:

• Salary: $110,000 – $130,000, commensurate with experience
• Paid sick leave

The Frassetto Companies is an equal opportunity employer.