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Commercial Property Manager

Job in New Castle, New Castle County, Delaware, 19720, USA
Listing for: Loxo
Full Time position
Listed on 2026-10-09
Job specializations:
  • Real Estate/Property
    Property Management & Leasing, Commercial Real Estate
Salary/Wage Range or Industry Benchmark: 85000 - 105000 USD Yearly USD 85000.00 105000.00 YEAR
Job Description & How to Apply Below

Location: New Castle, DE (onsite; portfolio spans multiple locations)

Compensation: Commensurate with experience

Position Summary

The Commercial Property Manager is responsible for the day-to-day operations and financial performance of Fusco’s real estate portfolio. This role will be part of a team that manages approximately 40 properties totaling ~1 million square feet
, primarily retail and industrial
, with a small number of residential and office spaces located in Delaware. The portfolio is owned by a group of family-affiliated entities.

This position partners closely with internal Accounting, Construction, Facilities, and Real Estate teams, and coordinates with third-party service providers and vendors. The Commercial Property Manager delivers a high level of professionalism and customer service to tenants and internal stakeholders while protecting the interests of the ownership group.

Key Responsibilities
  • Manage properties to maximize value for owners, tenants, and the community.
  • Interpret and enforce lease agreements through verbal communication and written notices.
  • Clearly communicate landlord and tenant responsibilities in a timely, professional manner.
  • Provide proactive tenant communications in addition to scheduled memorandums.
  • Manage certificates of insurance for tenants and vendors (with administrative support).
  • Manage insurance claims from initiation through final resolution.
  • Perform property financial analyses and communicate findings, options, and recommendations.
  • Maintain accurate electronic document management (scanning and filing).
  • Build and maintain positive, professional relationships with tenants and vendors.
  • Review and approve property-specific invoices (coding prepared by Accounts Payable).
  • Oversee accounts receivable for all properties (with administrative support).
  • Handle JP Court filings for possession and monetary judgments (Form 50 Agent, with administrative support).
  • Review and approve CAM, real estate tax, and insurance reconciliations (prepared by Property Management Accountant—PMA).
  • Review and approve tenant billings per lease terms (prepared by PMA), including:
  • Utilities
  • Late fees
  • Prepare annual operating budgets for the assigned portfolio and present to ownership for approval.
  • Prepare quarterly variance reporting and narratives.
  • Proactively plan capital expenditures, including schedules and escrow budgeting.
  • Manage contracted services (landscaping, snow removal, trash removal).
  • Select, implement, and oversee vendors and contractors.
  • Conduct monthly property inspections, submit work order requests, and report to the Director of Property Management.
  • Partner with the Facilities Manager to execute repairs, maintenance, and capital projects on time and with quality.
  • Issue and track work orders with internal Facilities teams and third-party vendors.
  • Deliver possession of premises to tenants and conduct move-in/move-out inspections.
  • Maintain properties in good repair, ensuring clean, safe conditions across the portfolio.
Desired Skills & Experience
  • 5+ years of commercial property management experience in a similar role/responsibility scope.
  • Highly organized, self-motivated, and customer service-oriented with a strong track record of cross-functional collaboration.
  • Strong understanding of property financial performance and attention to detail.
  • Consistently high-quality, efficient work ethic.
  • Working knowledge of accounting principles.
  • Excellent written and verbal communication skills.
  • Ability to maintain confidentiality of sensitive business information.
  • Strong time management skills and ability to work independently.
Education & Requirements
  • BA/BS in Accounting, Finance, Real Estate, Business, or related field preferred (not required); equivalent practical experience will be considered.
  • CPM,…
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