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Commercial Property Manager
Thomas Park Rockville, MD
$121k-165k (estimate)
Full Time 1 Week Ago
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Thomas Park is Hiring a Commercial Property Manager Near Rockville, MD

Commercial Property Manager

About Us

Thomas Park is a full-service commercial real estate firm offering alternative investment strategies and third-party commercial real estate services.

Our Core Values

Balance: We work hard but understand there is a life outside of work that will support a healthy balance. Work smart and do what is necessary to get the job done right. Valuable output is the greatest measure, not hours put in.

Act with Integrity: In all that we do, we act ethically. We are committed to each other, our investors, our tenants, and our vendors.

Strive for Excellence: Invest in personal growth, training, and lifelong learning. Demand problems, solve problems, and communicate clearly.

Inclusion: We are committed to creating a long-lasting culture of equality where everyone feels safe to be their true selves. Be compassionate, trust one another and use “we” vs. “I”.

Embrace Change: Embrace new ideas and tackle problems from multiple angles. Utilize technology on a consistent basis.

About the Role

Reporting to a Director of Property Management, the Property Manager will manage the daily activities of a portfolio of commercial assets, which may include office, flex, retail, and industrial space. The objective is to optimize asset value, develop and maintain tenant and owner relationships, and increase revenue.

Job-Type: Full-time, exempt

Hours: Monday-Friday 8 AM- 5 PM

Primary Responsibilities

Property Operations

· Responsible for the day-to-day operations of your assigned portfolio to ensure that all site operations are in compliance with the established policies and procedures, and the management agreement, and are consistent with TPM’s overall objectives.

· Conduct formal site inspections in compliance with established standard operating policies and procedures.

· Create and maintain site-specific documentation, including property and tenant information, site operating manuals, and emergency operations manuals.

· Obtain proposals, award contracts, and manage third-party vendors and contractors.

· Oversee in-house building engineers and maintenance personnel.

· Ensure regulatory compliance and effective management of risk and liability. May be responsible for collecting tenant certificates of insurance and maintaining compliance.

· Other duties as assigned.

Financial and Lease Management

· Prepare annual budget, monthly financial variance reports, operations analysis, and leasing activity reports.

· Manage receivables to ensure timely rent collection.

· Oversee the completion of CAM reconciliations and ensure a smooth recovery process.

· Process and approve invoices, assuring accuracy and consistency with company policies.

· Understand Tenant Lease obligations and ensure compliance.

· Work closely with Lease Administration and Accounting team on a regular basis.

· Other duties as assigned.

Owner and Tenant Relations

· Cultivate and maintain positive, open relationships with Owners, Tenants, and Vendors at all times, ensuring their service needs align with leases and management agreements.

· Coordinate Tenant move-ins and move-outs, following detailed procedures.

· Uphold the TPM brand and ensure a positive customer experience, addressing Tenant satisfaction, building operations, lease, and management concerns.

· Other duties as assigned.

About You

· 3-5 years of commercial building management experience required.

  • Proficient in financial accounting, financial reporting, and budgeting.
  • Skilled in MS Office.
  • Experience working in Yardi Voyager and automated A/P systems.
  • Possess excellent organizational abilities and time management skills.
  • Possess a strong customer service and tenant relations aptitude.
  • Communicate effectively through written reports, analysis, and oral presentations.
  • Ability to respond to others’ needs in a timely and courteous manner.

Location

Our headquarters is located in Annapolis, MD but this role will focus on properties based in Montgomery County, MD. 

Job Summary

JOB TYPE

Full Time

SALARY

$121k-165k (estimate)

POST DATE

06/22/2024

EXPIRATION DATE

07/10/2024

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The job skills required for Commercial Property Manager include Property Management, Customer Service, Accounting, Time Management, Lease Administration, Communicates Effectively, etc. Having related job skills and expertise will give you an advantage when applying to be a Commercial Property Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Commercial Property Manager. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Commercial Property Manager positions, which can be used as a reference in future career path planning. As a Commercial Property Manager, it can be promoted into senior positions as a Commercial Property Manager III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Commercial Property Manager. You can explore the career advancement for a Commercial Property Manager below and select your interested title to get hiring information.

If you are interested in becoming a Commercial Property Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Commercial Property Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Commercial Property Manager job description and responsibilities

Good commercial property maintenance should be considered a priority for any property manager.

04/01/2022: Springfield, IL

Commercial property managers need to do more than know when to request a handyman, they need to be able to meet the needs of their tenants.

02/24/2022: San Jose, CA

They will be responsible for the management of building expenses.

02/17/2022: Salem, OR

The property manager takes on the responsibility of negotiating the lease terms with both prospective and renewing tenants.

03/02/2022: Springfield, MO

Commercial property manager provide management expertise, financial stability, and professional excellence.

02/27/2022: Kingsport, TN

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Commercial Property Manager jobs

Hire a property manager to manage the tedious day-to-day responsibilities.

04/30/2022: Daytona Beach, FL

A good property manager tries to minimize the likelihood of these problems arising and effectively handles the damages when they do.

03/04/2022: Ventura, CA

Most state governments do require property managers to be licensed.

02/15/2022: Columbus, GA

Managers often hire maintenance professionals to help maintain the property.

03/29/2022: Medford, OR

Property managers should have plenty of photos that showcase not just the units they manage but also the value added by their services.

04/24/2022: Biloxi, MS

Step 3: View the best colleges and universities for Commercial Property Manager.

SUNY College of Technology--Alfred
Manhattan College
Pennsylvania College of Technology
SUNY College of Technology--Delhi
Vermont Technical College
Tuskegee University
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