Property Manager; Retail

Overview

Director of Human Resources at Pine Tree, LLC. Connected by a common belief that our collective skills, knowledge, values, and vision will shape the evolution of brick-and-mortar retail, our team forms what is the commercial real estate industry’s premier Owner/Operator/ Investor of open-air retail in the United States.

With decades of expertise in retail property management, accounting, asset management, leasing, acquisition, development, and marketing, we’re guided by core values of collaboration, trust, diligence, and empathy to optimize and grow our portfolio through elevated, insightful, and value-driven solutions for our stakeholders.

Learn more at

Pine Tree is seeking a skilled and motivated Property Manager to join our dynamic Property Management team. In this role, the Property Manager will collaborate closely with their Associate Property Manager to oversee the day-to-day operations of a diverse portfolio of retail shopping centers. The primary focus will be on fostering strong tenant relationships and ensuring the properties are well-maintained and running smoothly.

As the main point of contact for both tenants and vendors, the Property Manager will meet with key stakeholders on-site regularly to address issues, ensure satisfaction, and maintain operational excellence. The role also includes accounting responsibilities, such as preparing monthly operating reports, budget variance reports, CAM reconciliations, and annual budget preparations. Additionally, the Property Manager will work in close partnership with the broader company to monitor and drive the overall financial performance of the portfolio.

• Establish and maintain positive relationships with all tenants to ensure tenant satisfaction and retention in an approximately 1.5 million square foot portfolio of open-air shopping center properties.
• Perform regular inspections of properties, recommend alterations, maintenance, and reconditioning of properties as they pertain to the portfolio.
• Prepare annual operating budgets and monitor all expenses.
• Negotiate and contract for vendor services and supervise work as required.
• Respond to property and tenant needs and coordinate with the team to resolve issues. Available to supervise property maintenance urgent matters 24/7.
• Work with the Associate Property Manager to oversee timely rent collection, payment of expenses, lease compliance, and preparation of required legal notices.
• Timely prepare or review reports for accuracy, including operational summaries, collections, variance reports, and year-end reconciliations.
• Supervise the planning and implementation of operating expenditures.
• Interact regularly with clients and teams to ensure Pine Tree's business objectives are met.
• Review, manage, and approve invoices for payment.
• Related duties as assigned.

• The ideal candidate will possess a bachelor’s degree in Business, Accounting, Finance, or a related field, or equivalent hands-on experience. A minimum of 3+ years of experience managing Retail or Shopping Center properties is required.
• Strong computer and internet skills, including Microsoft Office 365, and experience using CRE management software such as Yardi (Preferred).
• Strong financial and analytical skills.
• Solid understanding of lease terms and language, with ability to interpret as needed.
• Ability to travel up to 20% per month.
• Attention to detail with high efficiency and accuracy in performing tasks.
• Ability to spot issues proactively and initiate solutions.
• Must be a self-starter who can execute tasks timely and lead while fully remote.
• Desire to learn and grow.

The position responsibilities outlined above are not all-encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.

Location:

Chicago, IL — Salary: $90,000.00-$95,000.00 per year.

Pine Tree

We believe that trust, experience, humility, transparency, and responsibility should influence everything we do in business and life. We’ve built what we believe is the best team in the industry, combining decades of experience in acquisitions, leasing, property management, development, design & construction, accounting, human resources, and marketing.

Pine Tree is an equal-opportunity employer.

• Full-time

• Management and Customer Service

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.