Commercial Property Manager

Property Manager - Commercial Real Estate

Location: Washington, DC

Position: Direct Hire

Salary: $90,000 - $95,000

Schedule: Full-Time, Monday-Friday

• Required: Commercial Real Estate Property Management Experience

Position Overview

We are seeking an experienced Property Manager to oversee the day-to-day management and operations of commercial real estate properties. This position will be responsible for property operations, tenant and vendor relationships, lease administration, financial management, budgeting, inspections, and Client reporting.

The Property Manager will work closely with tenants, owners, vendors, contractors, accounting, and leasing teams to ensure properties are well maintained, financially sound, and operating in accordance with Client requirements.

Key Responsibilities

• Manage the day-to-day operations of commercial properties and ensure compliance with management agreements
• Oversee all lease administration activities, including lease abstracts, amendments, expirations, and compliance
• Monitor rent collections and coordinate default proceedings as needed
• Develop and manage annual operating and capital budgets
• Track budget variances and oversee CAM reconciliations and recovery processes
• Conduct regular property inspections, including weekly, monthly, quarterly, and annual inspections as required
• Manage tenant and vendor relationships and address tenant concerns and service requests
• Solicit bids, negotiate vendor contracts, and monitor vendor performance
• Oversee tenant improvements, capital projects, building repairs, and construction activities
• Coordinate with accounting and third-party owners to ensure accurate and timely financial and operational reporting
• Provide leadership and oversight to property staff, including hiring, training, delegation, and performance management
• Participate in leasing and Client meetings and maintain communication between leasing, property management, accounting, and other teams
• Ensure compliance with applicable codes, regulations, safety requirements, and property management policies
• Maintain accurate property records and lease information within property management systems

Qualifications & Requirements

• Minimum 3 years of commercial real estate property management experience
• Strong knowledge of commercial property operations and building systems
• Experience managing tenant, vendor, contractor, and owner relationships
• Experience with budgets, CAM reconciliations, financial reporting, and lease administration
• Strong understanding of commercial leases and contract language
• Excellent written and verbal communication skills
• Strong leadership, organizational, analytical, and problem-solving skills
• Ability to prioritize, delegate, and manage multiple properties and competing deadlines
• Advanced proficiency with Microsoft Office Suite
• Ability to travel between properties as required
• Valid driver's license required

Compensation & Benefits

• $93,500-$95,000 salary , depending on experience and qualifications
• Health insurance
• Dental insurance
• Vision insurance
• Flexible spending and health savings accounts
• Retirement savings plan
• Life and disability insurance
• Paid time off
• Professional development opportunities

Experience

• Commercial Property Management: 3+ years required
• Commercial Real Estate: 3+ years required
• Budgeting & Financial Reporting: Required
• Lease Administration: Required
• Tenant & Vendor Management: Required

Education & Licensing

• Bachelor's degree in Business Administration, Real Estate, Finance, or related field - Preferred
• CPM, RPA, or CSM designation - Preferred
• Real Estate License - Preferred/Required based on market
• Valid Driver's License - Required.

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