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Corporate Property Manager

Corporate Property Manager

Ace HardwareOak Brook, IL, US
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Corporate Property Manager

The Corporate Property Manager primary function is to support the execution of Ace's strategic real estate plan and oversee Ace's portfolio of corporate owned and leased properties, ensuring they are well-maintained and comply with all governmental regulations. This function is performed with the major objective of maintaining a safe work environment and ensuring continuity of operations while maximizing the property's profitability and maintaining its value for the owner.

What you'll do :

Real Estate Management : Manage the execution of the corporate real estate strategy by supporting real estate transactions, both domestic and international. This includes site searches, developing and submitting requests for proposals, aiding in the lease redline process with Legal, and researching financial incentives at various government levels.

Maintenance & Operations : Create and maintain a set of best practices and standard work instructions for the proper maintenance and repair of all property leasehold improvements. Ensure compliance with these best practices through annual inspections and performance evaluations to maintain quality standards and operating excellence across the portfolio.

Field Support : Provide subject matter expertise in maintenance and operations, facility condition assessments, and capital repairs and replacements. Conduct site inspections and offer project support as needed. Ensure adherence to local, state, and federal regulations, related to building codes, and safety standards.

Project Management : Support all construction and renovation projects throughout the portfolio. This includes contributing to project budget development, managing expenses, on-site project management, and commissioning for all domestic and international locations, including Ace Hardware Home Services, and any future subsidiary locations.

Portfolio Management : Contribute to property budgets, including operating expenses, rent reconciliations, and financial reporting. Proactively identify opportunities to reduce waste and control costs, ensuring financial stability and growth for the portfolio.

Reporting & Analysis : Prepare and present regular reports on property performance, financial metrics, leasing activity, and market trends to the Director of Real Estate. Provide insightful analysis and strategic recommendations to support decision-making.

Vendor & Contractor Management : Cultivate strong relationships with vendors and contractors, negotiating contracts for services, ensuring timely completion of work, and maintaining accurate records. This includes overseeing the quality of work and ensuring it meets company standards.

Sustainability Initiatives : Implementing and promoting sustainable practices within the properties. This includes energy efficiency measures, waste reduction programs, and initiatives to reduce the environmental impact of the properties.

What you will need : Knowledge :

  • Bachelor's degree in business administration, real estate, or a related field.
  • Understanding commercial real estate leases, including triple net leases, and experience with lease negotiation and administration.
  • Knowledge of real estate laws and regulations, including zoning laws and safety standards.
  • Proficient in property management software and tools, with an understanding of smart building technologies and security systems.
  • Certified Property Manager (CPM) or other relevant industry certifications.

Experience :

  • 5+ years of progressive experience in commercial property management, with a strong focus on industrial or warehouse properties.
  • Proven ability to manage a diverse portfolio of properties, including tenant relations, financial oversight, and operational management.
  • Experience with large-scale industrial real estate portfolios or similar complex assets.
  • Experience in vendor and contractor management, including negotiating contracts and overseeing quality of work.
  • Experience in supporting real estate transactions, including site searches, lease redline processes, and researching financial incentives.
  • Project management skills to support construction and renovation projects, including budget development and expense management.
  • Field support expertise to ensure compliance with best practices for operations and maintenance activities, including conducting site inspections and offering project support.
  • Budget management skills to contribute to the annual preparation and daily management of department budgets for both capital and operating expenditures.
  • Ability to manage monthly analysis of P&L reports to identify, manage, and report on variances, and adjust spending based on corporate performance.
  • Competencies :

  • Excellent communication, negotiation, and interpersonal skills, with the ability to build and maintain strong relationships with landlords, vendors, and internal stakeholders.
  • Strong financial acumen, including budgeting, cost control, and financial reporting skills.
  • Strong problem-solving, decision-making, and organizational skills, with the ability to manage multiple priorities effectively.
  • Ability to develop and implement strategic property management plans that align with overall business objectives.
  • Proficiency in emergency preparedness and crisis management, ensuring the safety and security of properties.
  • Strong analytical skills to prepare and present regular reports on property performance, financial metrics, leasing activity, and market trends.
  • Ability to collaborate effectively with internal departments such as Safety, Loss Prevention, Facilities Management, Finance, and Legal.
  • Compensation Details : $100900- $126100 per year

    Why should you join our team?

    We live our values - W.E.L.I.G.H.T (Winning, Excellence, Love, Integrity, Gratitude, Humility, and Teamwork). Gratitude. Humility. Love. You don't often see values like these in most corporate statements, but Ace is different. These things are important to us. They represent our commitment to the company, our employees, to Ace retailers and to the Ace brand.

    In addition to providing our employees a great culture, Ace also offers competitive benefits

  • that address life's necessities and perks, many of which expand and improve year after year, including :
  • Incentive opportunities, based on role / grade level (rapid company growth over the past 5 years resulted in incentives being paid out at an average of 122% of your target opportunity!)
  • Generous 401(k) retirement savings plan with a fully vested matching contribution the first year in addition to quarterly contributions and annual discretionary contribution (once eligibility requirements have been met). Over the past 5 years, company contributions (matching, quarterly & discretionary) for fully eligible employees have averaged 10.4% of total eligible compensation.
  • Comprehensive health coverage (medical, dental, vision and disability up to 26 weeks short-term disability and long-term disability) & life insurance benefits for you and your dependents
  • 21 days of vacation immediately available (prorated in the first year) and up to 6 paid holidays depending on the month of hire
  • Your career at Ace is more than just a job. It's a chance to be part of something meaningful. We help locally-owned businesses thrive and make an impact in their communities and we support our employees in doing the same by offering an annual Ace Cares Week, 20 hours off work per year to volunteer at an organization of your choice, opportunities to help Children's Miracle Network Hospitals and the Ace Helpful Fund through the Ace Foundation
  • Ace invests in every employee we hire, with a key focus on development and coaching. We offer on-site classes, facilitator-led courses, and a generous tuition assistance program, plus a performance management approach that goes beyond the typical annual review
  • We know the work environment matters. That's why Ace holds frequent campus events like Employee Appreciation Week, vendor demos, cookouts, and merchandise sales
  • We bring them to you! Services such as mobile spas, auto maintenance, car wash and detailing, dry cleaning, dentists, eye doctors, flu shots, recycling and more!
  • Employee discounts on Ace merchandise (including top brands like Weber, Traeger, Yeti, Craftsman, DeWalt and more), travel, fitness, computers and thousands more
  • Birth / Adoption bonding paid time off
  • Adoption cost reimbursement
  • Employee Assistance Program (EAP) access to free visits to therapists and lawyers, guidance on financial matters, elder and childcare, and assistance with tickets to entertainment events
  • Identity theft protection
  • Benefits are provided in compliance with applicable plans and policies.
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