Commercial Retail Property Manager

Job Description

Job Description

Job Title: Retail Commercial Property Manager

Industry: Commercial Real Estate / Property Management

Location (city, state): Bethesda, MD

Assignment Type: Direct Hire

Pay: $90,000 - $130,000 annually

Work Schedule: Monday-Friday, 9:00 AM-5:00 PM (Fully onsite with regular property visits throughout Northern Virginia and surrounding areas.)

Benefits: This position is eligible for medical, dental, vision, and 401(k).

About Our Client:

Addison Group’s client is a well-established commercial real estate organization with a strong presence throughout the Washington, D.C. metropolitan area. The company specializes in owning, developing, and managing a diverse portfolio of commercial properties, including retail centers and office spaces. They are committed to operational excellence, maintaining high-quality properties, and building strong long-term relationships with tenants and partners.

Job Description:

Addison Group is seeking a Retail Commercial Property Manager to oversee the daily operations and financial performance of a portfolio of commercial retail properties. This role will manage property operations, tenant relationships, vendor partnerships, budgets, and capital improvement initiatives. The ideal candidate will have strong retail shopping center experience and the ability to independently manage a large portfolio while partnering with internal teams to maintain operational success.

Key Responsibilities:

• Oversee day-to-day operations for a portfolio of retail shopping centers and commercial properties.
• Manage building maintenance, repairs, inspections, and property improvement initiatives.
• Build and maintain relationships with tenants, vendors, contractors, and internal stakeholders.
• Develop and monitor property budgets, financial reports, and operating expenses.
• Review financial performance and identify opportunities for improved efficiency.
• Coordinate vendor contracts, service agreements, bids, and contractor performance.
• Partner with leasing and construction teams on tenant improvements, renovations, and new projects.
• Oversee capital improvement projects including HVAC upgrades, roofing, parking lot improvements, and other major repairs.
• Manage lease administration processes including rent escalations, operating expenses, and tenant compliance.
• Provide leadership and support to onsite maintenance teams.
• Address property-related issues and emergencies while ensuring tenant satisfaction and operational continuity.

Qualifications:

• 3+ years of commercial property management experience.
• Experience managing a large retail or shopping center portfolio preferred (1M+ square feet strongly preferred).
• Retail property management experience required; office-only backgrounds will not be considered.
• Experience managing capital projects and building improvement initiatives.
• Strong understanding of property operations, financial management, and vendor oversight.
• Excellent communication, organization, and problem-solving skills.
• Ability to work independently and manage multiple priorities.
• Experience using property management software such as Yardi, MRI, JD Edwards, or similar platforms.
• Bachelor’s degree preferred.
• CPM, RPA, or related commercial property management certifications preferred.
• Valid driver’s license and reliable transportation required.

Additional Details:

This role requires a hands-on Property Manager who is comfortable managing a large portfolio with significant ownership and autonomy. The successful candidate will have experience overseeing retail shopping centers, managing vendor relationships, handling capital projects, and maintaining strong tenant partnerships.

The portfolio is primarily located throughout Northern Virginia, requiring approximately 40% onsite property visits. Candidates located in Northern Virginia are strongly preferred.

Perks:

• Competitive salary and bonus opportunity
• Medical, dental, and vision coverage
• 401(k) with company match
• Paid time off
• Tuition reimbursement
• Employee recognition programs
• Employee assistance program discounts
• Transportation benefits
• Fitness center access and additional workplace perks

Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.

#Admin5