PROPERTY MANAGER for COMMERCIAL REAL ESTATE COMPANY
Job Description- Property Manager
A well-established national commercial real estate company is seeking an experienced retail commercial Property Manager for a prestigious lifestyle center located in the suburbs of Chicago, Illinois. The Property Manager will be on-site on a daily basis to manage all aspects of the shopping center and the staff. This position supports and reports to the EVP/Asset Manager and Regional Manager of the company.
The successful candidate will be responsible for the overall performance of a retail shopping center which will include, but not be limited to, operations, financial reporting, marketing, and construction management while promoting positive relationships with the team, tenants, contractors and clients.
QUALIFICATIONS:
Self-starter, detail oriented, organized and able to accomplish directives with minimal supervision.
Bachelor’s degree preferred.
Minimum of 7 years’ experience as a Property Manager at a commercial retail shopping center.
Strong knowledge of lease administration, tenant relations, operating budgets, recoveries and recharges, reporting, financial and otherwise, maintenance, contracts, contractor management, tenant improvements, and capital projects is required.
Excellent verbal and written communication skills.
Professionalism and discretion.
Must possess working knowledge of Microsoft Office Suite. Proficiency in Word and Excel is an absolute must.
Valid driver’s license.
RESPONSIBILITIES:
Serve as landlord’s representative with tenants, contractors, and clients to foster and maintain positive, professional, responsive, and cooperative relationships.
Respond to tenant needs and resolve problems promptly in accordance with the lease.
Regular property inspections, including evenings.
Accurate interpretation of leases and other property documents such as REAs, etc.
Administration of lease terms and compliance.
Regular interactions with tenants, including tenant interviews.
Accountable for and oversee accounts payable and receivable.
Monitor non-recurring billings to ensure accurate and timely invoicing.
Communicate regularly with property management and asset management, accounting, and other departments as needed and requested.
Accurate and timely completion of weekly, monthly, quarterly and annual reporting on operations and financial as they pertain to the shopping center and as applicable.
Preparation and completion of annual recoveries (CAM) and recharges.
Preparation and completion of annual operating and capital improvements budget.
Contractor management.
Obtain bids and/or proposals from contractors and prepare contracts.
Oversee tenant improvement and capital projects as well as tenant/landlord improvements.
Devise, oversee and participate in shopping center’s marketing and promotions, including but not limited to events, social media, etc. Must be able to work some evenings and weekends.
Work and communicate with both internal and third-party leasing parties to assist in property lease-up efforts.
Available and responsible for after-hours emergency calls.
Implement property management policies and procedures per the company’s guidelines.
Perform other duties as assigned by EVP/Asset Manager and Regional Manager.
Minimum of 7 years’ experience as a Property Manager at a commercial retail shopping center.
Strong knowledge of lease administration, tenant relations, operating budgets, recoveries and recharges, reporting, financial and otherwise, maintenance, contracts, contractor management, tenant improvements, and capital projects is required.
Excellent verbal and written communication skills.
Professionalism and discretion.
Must possess working knowledge of Microsoft Office Suite. Proficiency in Word and Excel is an absolute must.
Lamar Companies is a full-service, privately held, real estate investment company headquartered in Fairfield, New Jersey. Since its founding in 1972, the Company has routinely been ranked in the top 100 largest owners of retail shopping centers in the US according to National Real Estate Investors rankings. Lamar primarily focuses on opportunities created by real estate economic cycles and underperforming assets across the United States and is a principal investor in projects for its own account and in partnership with major institutions. Throughout the years the firm has maintained its entrepreneurial roots as a hands-on operating partner with a deep expertise in retail space, and a unique ability to drive value for its investors.