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Job ID#: 40959
Commercial Retail Property Manager
Direct Hire; competitive base salary plus bonus
Oakbrook Terrace, IL
Summary of Position
We are seeking a motivated Property Manager to oversee the day-to-day operations of a portfolio of retail shopping centers. Partnering with an Associate Property Manager, this role is focused on building strong tenant relationships, maintaining exceptional property operations, and serving as the primary point of contact for tenants and vendors.
The Property Manager will also oversee key financial responsibilities, including operating reports, budget variance analysis, CAM reconciliations, and annual budgeting, while partnering with internal teams to maximize the portfolio’s financial performance.
Responsibilities
- Establish and maintain positive relationships with all tenants to ensure tenant satisfaction and retention in their +/-1.5M SF portfolio of properties.
- Perform regular inspections of properties, recommend alterations, maintenance, and reconditioning of properties as they pertain to the portfolio.
- Prepare annual operating budgets and monitor all expenses.
- Negotiate and contract for vendor services and supervise work as required.
- Respond to property and tenant needs and coordinate with the team to resolve issues. Available to supervise property maintenance urgent matters 24/7.
- Work with their Associate Property Manager to oversee the timely collection of rent, payment of expenses, compliance with lease terms, and preparation of all required legal notices.
- Timely preparation or review for accuracy reports, including operational summaries, collections, variance reports, and year-end reconciliations.
- Supervise the planning and implementation of operating expenditures.
- Interact regularly with clients and teams to ensure that company business objectives are being met.
- Review, manage, and approve invoices for payment.
Desired Skillsets & Qualifications
- Bachelor’s degree in Business, Accounting, Finance, or a related field, or equivalent experience.
- 3+ years of retail or shopping center property management experience.
- Proficiency with Microsoft Office 365 and Yardi or similar CRE software (preferred).
- Strong financial, analytical, and lease interpretation skills.
- Ability to travel up to 20% monthly.
- Highly organized with exceptional attention to detail and accuracy.
- Proactive problem-solver who takes initiative and works independently in a remote environment.
- Driven to learn, grow, and deliver results.
