Associate Property Manager

Industrial Associate Property Manager

Location
:
Texas, 77024

Employment Type
:
Full-Time

Reports To
:
Senior Property Manager

Salary
: $75k-$80k

Job Summary:

The Industrial Associate Property Manager operates under direct supervision of the Senior Property Manager and is responsible for the day-to-day management, long-term performance, and value preservation of an owner-operated portfolio of single-tenant, manufacturing-oriented industrial properties located primarily in Texas. Assets are predominantly crane-served, heavy industrial facilities leased on a triple-net (NNN) basis. Acts as a representative of ownership with accountability for operations, financial oversight, and asset stewardship.

This role is intentionally structured for an early-career professional operating under close supervision. As skills, judgment, and adaptability develop, high performers will gain increasing autonomy over assigned assets and a clear path toward Property Manager-level responsibility.

Supervisory Responsibilities:

• None

Duties/Responsibilities:

Asset & Owner Representation

• Operate as an extension of ownership with a long‑term hold and capital preservation mindset.
• Provide regular, concise reporting and recommendations to principals.
• Support acquisitions, refinancing, and dispositions through due diligence and asset analysis.

Lease & Tenant Management (NNN)

• Primary point of contact for industrial and manufacturing tenants.
• Administer and enforce single‑tenant NNN leases, ensuring compliance with:
  • Maintenance and repair obligations
  • Insurance compliance and documentation.
  • Property tax administration
  • Permitted use and operational restrictions
• Coordinate lease renewals, amendments, and expansions with ownership.

Industrial Operations Oversight

• Oversee building condition and performance, including:
  • Overhead cranes and crane runway systems
  • Heavy‑power electrical infrastructure
  • HVAC, plumbing, sewage systems, detention, ventilation, and manufacturing support systems
  • Structural steel, slabs, foundations, dock equipment, and yards
• Conduct regular site inspections focused on Landlord obligations, building maintenance, lease compliance, capital improvements, tenant relations..
• Maintain organized records, drawings, warranties, and inspection documentation.

Financial Oversight

• Prepare annual operating budgets and multi‑year capital plans.
• Review operating statements, rent collections, and tenant reimbursements.
• Support oversight of insurance coverage and risk exposure specific to Texas industrial assets escalating concerns to senior colleagues as needed.

Capital Planning & Projects

• Assist in planning and managing capital improvements (roofs, slabs, cranes, electrical, site work) under direct supervision.
• Coordinate tenants, contractors, and consultants, with senior oversight of all scopes, contracts, and proposals.
• Evaluate functional life of building components and capital planning.

Compliance, Risk & Safety

• Ensure compliance with applicable local, state, and federal requirements.
• Monitor safety and OSHA-related considerations; escalated issues promptly to a supervisor for resolution.
• Manage casualty events, claims, and remediation efforts.

Qualifications and Skills/Abilities:

Required

• High school diploma or equivalent (Associate’s or Bachelor’s degree preferred)
• 2-4 years of industrial property or asset management experience
• Strong background with single tenant NNN industrial assets
• Yardi proficiency