Industrial Property Manager

Job Description

The Property Manager provides first-class property management services to third-party clients and owners. Day-to-day responsibilities include financial and operational management for a portfolio of assets including client interaction, tenant and vendor relations, lease administration, budgeting, and supervisory responsibility.

ESSENTIAL FUNCTIONS

• Serve as point person for the portfolio or assignment.
• Work directly with clients, partners and investors.
• Build and maintain a best-in-class level of service for the building / portfolio.
• Supervise all on-site property management staff, as well as third-party vendors.
• Build employee teams and provide direction, training, and motivation for superior performance.
• Prepare budgets and manage financial performance of the portfolio.

RESPONSIBILITIES

• Responsible for coordination of all property management-related activities including day-to-day building operations, accounts payable, accounts receivable, reporting, and client / tenant / vendor relations.
• Work closely with Construction, Leasing, Marketing, and Accounting Teams to ensure the Stream Team is providing the highest level of service to our clients.
• Ensure all Stream policies and best practices are implemented and followed.
• Understand and ensure compliance with the Management Agreement(s) and all Client policies and procedures.
• Conduct routine property inspections and associated follow-ups to prevent / identify / resolve problems and exposures.
• Prepare and adhere to operating and capital budgets and re-forecasts as well as annual expense recovery estimates and reconciliations.
• Coordinate all property-related contracts, services, repairs, and capital projects.
• Prepare, review, and submit the monthly / quarterly / annual financial and operational reports as per Client requirements.

Prepare monthly expense variance comments for the client(s).

• Review and approve invoices / AP batches, and monthly rent edits. Review and ensure the accuracy of the General Ledger.
• Tenant lease review and set up in designated accounting system.
• Adhere to Stream property management annual audit.
• Coordinate real estate tax review process for the portfolio / assignment.
• Process and oversee all TI applications for accounting submission and payment.
• Maintain personal contact with all vendors, tenants, and clients.
• Respond to and resolve after-hour emergency calls as needed.
• Supervisory responsibility for designated personnel.
• Review, approve, and submit team expense reports and PTO requests.
• Assist in the completion of annual performance reviews and regularly communicate performance to direct reports.

Qualifications

• Bachelor’s Degree preferred
• 3+ years of Commercial Property Management experience with supervisory responsibility preferred
• Strong written and verbal communication skills; experience interacting with clients, vendors, teammates, and management
• Experience preparing annual budgets, ownership reports, and CAM reconciliations
• Previous experience using real estate software (Yardi or MRI, Kardin, AvidXchange, IMPAK, or similar programs)
• Proficiency with Microsoft Excel, Word, and Teams
• Detail oriented
• Analytical
• Ability to multitask
• CPM, RPA designation (or in progress) preferred
• Attributes which align to Stream's core values of Smart, Honest, Nice, and Passionate

Additional Information

Stream Realty Partners offers competitive salaries, bonuses, medical / dental / vision insurance, pharmacy benefits, health savings account, flexible spending accounts, 401(k) plan with company matching, PTO, and holiday pay.

All your information will be kept confidential according to EEO guidelines.

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