Commercial Property Manager
Full-time
Terraco, Inc.
Company Description Terraco, Inc. is a Chicago-based real estate and development firm with long-standing experience in commercial property ownership and management. The company manages approximately 2,000,000 square feet of space for both domestic and international investors, as well as its own portfolio. Terraco has developed millions of square feet of commercial property, reflecting its strong track record in planning and execution. The firm has been involved in capital market transactions totaling billions of dollars, demonstrating its financial strength and market expertise. Team members join a company with deep industry roots and a broad, diversified real estate platform.
Role Description The Commercial Property Manager is a full-time, hybrid role based in Wilmette, IL, with flexibility for part-time work from home. This role oversees the day-to-day operations of a portfolio of commercial properties, including tenant relations, lease administration, and coordination of maintenance and repairs. The Commercial Property Manager will monitor property performance, manage operating budgets, oversee vendors and service providers, and ensure properties meet safety, regulatory, and quality standards. Responsibilities include supporting lease negotiations, preparing property reports, tracking rent collections, and addressing tenant inquiries in a timely, professional manner. The role also involves collaborating with ownership, asset management, and accounting teams to support long-term property value and investor objectives.
Qualifications
Role Description The Commercial Property Manager is a full-time, hybrid role based in Wilmette, IL, with flexibility for part-time work from home. This role oversees the day-to-day operations of a portfolio of commercial properties, including tenant relations, lease administration, and coordination of maintenance and repairs. The Commercial Property Manager will monitor property performance, manage operating budgets, oversee vendors and service providers, and ensure properties meet safety, regulatory, and quality standards. Responsibilities include supporting lease negotiations, preparing property reports, tracking rent collections, and addressing tenant inquiries in a timely, professional manner. The role also involves collaborating with ownership, asset management, and accounting teams to support long-term property value and investor objectives.
Qualifications
- Strong property management skills, including day-to-day operations, vendor oversight, and budgeting.
- Experience with lease administration and working with commercial leases, including documentation and compliance.
- Ability to support or lead lease negotiations while aligning terms with ownership and investor goals.
- Effective communication skills for interacting with tenants, vendors, investors, and internal teams.
- Relevant experience in commercial real estate management or a closely related field.
- Proficiency with property management software and standard office productivity tools.
- Strong organizational skills, attention to detail, and the ability to manage multiple properties and priorities.
- Bachelor’s degree in business, real estate, finance, or a related discipline preferred, or equivalent experience.
- Knowledge of local building codes, safety standards, and commercial real estate market trends is beneficial.
Vacancy posted 3 days ago
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