Our Commercial Property Manager job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Commercial Property Manager role
A Commercial Property Manager is responsible for overseeing the management of commercial properties, such as office buildings, retail spaces, and industrial parks. They ensure that tenants are abiding by the lease agreements, coordinate maintenance, and oversee the day-to-day operations of the property. They also handle tenant complaints and strive to maintain a positive relationship between tenants and the property owners.
Role Purpose
The purpose of a Commercial Property Manager is to manage and oversee the day-to-day operations of commercial properties. This involves working with tenants to ensure that all of their needs are met, managing the financial concerns of the property, and keeping the property in good condition. The Commercial Property Manager is responsible for making sure that the property is safe and secure for all tenants, ensuring that all regulations and laws are followed, and liaising with contractors and vendors to get necessary repairs and maintenance done. They must also ensure that all leases are up-to-date and in compliance with state and local regulations.
Commercial Property Manager Summary
The Commercial Property Manager is responsible for the management of a portfolio of commercial properties, including financial, legal and administrative operations. They must ensure that all buildings are maintained, leased and operated in accordance with the highest standards of quality and customer service. The Commercial Property Manager will work closely with tenants, contractors, vendors, and other stakeholders to ensure that all contractual obligations are met. Responsibilities include analyzing financial data, developing and executing strategies to maximize the value of the properties, creating and managing budgets, negotiating leases and contracts, and ensuring that all safety and security regulations are met. The Commercial Property Manager must also possess strong communication and organizational skills in order to foster positive relationships with all stakeholders.
Commercial Property Manager Duties
- Manage commercial properties, including leasing, coordinating maintenance and repairs, and handling tenant complaints
- Negotiate and execute leases and renewals
- Collect rent, late fees, and other payments
- Complete financial reports and budgeting activities
- Ensure compliance with local, state, and federal laws and regulations
- Handle tenant move-in and move-out processes
Commercial Property Manager Skills
- Ability to manage a portfolio of commercial properties
- Excellent communication and customer service skills
- Knowledge of relevant legislation and regulations
- Excellent organizational and problem solving skills
- Strong financial and budgetary management skills
Commercial Property Manager Requirements
- Organizing and managing all operational aspects of the properties in their portfolio
- Maintaining accurate records of all tenants and leases
- Developing annual budgets and reviewing monthly financial reports
- Ensuring all policies and regulations are followed
- Conducting regular inspections of the buildings and grounds
- Completing repair and maintenance projects in a timely manner
- Negotiating leases and resolving tenant disputes
- Developing marketing strategies and maintaining a positive public image
Personal Traits
- Organizational skills
- Problem solving skills
- Time management skills
- Strong attention to detail
- Customer service skills