Commercial Property Manager

This position is eligible for benefits based on the employer's policies.

Addison Group is hiring on behalf of our client for a Commercial Property Manager to oversee a portfolio of commercial real estate properties on behalf of third-party ownership groups. The portfolio includes office buildings, medical office spaces, retail properties, and owners' associations. This individual will be responsible for property operations, financial performance, vendor management, and tenant relations while supporting ownership objectives and maintaining asset value.

The Commercial Property Manager will oversee the daily operations and financial performance of a multi-property portfolio. This role requires experience managing commercial real estate assets, preparing budgets and financial reports, administering leases, and coordinating maintenance and capital improvement projects. The ideal candidate will build strong relationships with property owners, tenants, vendors, and internal teams while ensuring properties operate efficiently and meet established financial and operational goals.

• Oversee the day-to-day management of a commercial portfolio consisting of office, medical office, retail, and association properties.
• Manage property performance in accordance with ownership goals, investment strategies, and established business plans.
• Maintain compliance with property management agreements, owner requirements, approval procedures, and reporting deadlines.
• Support new client onboarding and portfolio transitions to facilitate an effective transfer of property operations.
• Serve as the primary contact for property owners, communicating financial results, operational concerns, risks, and recommendations.
• Coordinate building maintenance, repairs, renovations, and facility preservation within approved budgets.
• Manage vendor selection, contract services, competitive bidding, insurance requirements, and service quality.
• Oversee maintenance personnel, including work order prioritization, scheduling, response times, and accurate labor allocation.
• Develop annual operating budgets, conduct quarterly forecasts, and prepare monthly financial variance reports.
• Prepare financial statements, management reports, annual plans, and other reporting materials for ownership.
• Monitor property income and expenses to support net operating income targets and overall financial performance.
• Oversee rent collection, delinquent accounts, tenant billing, common area maintenance (CAM) charges, and association assessments.
• Review and approve purchase orders, work orders, and invoices within established authorization limits.
• Manage accounts payable and receivable activities, operating accounts, reserve accounts, and CAM reconciliations.
• Maintain accurate lease files, track lease requirements, and support enforcement of lease provisions on behalf of ownership.
• Build and maintain positive tenant relationships to support retention, lease renewals, and occupancy.
• Identify building safety concerns, deferred maintenance, insurance exposures, and other property risks, recommending corrective actions.
• Coordinate tenant improvement and capital projects, monitoring budgets, owner approvals, project timelines, and progress reporting.
• Supervise staff and service providers to maintain operational standards and consistent service delivery.

• 3–5 years of progressively responsible commercial property management experience, preferably with office, medical office, or mixed-use properties.
• Experience managing commercial budgets, financial reporting, tenant relations, vendor contracts, and capital improvement projects.
• Demonstrated ability to prepare operating budgets, analyze financial variances,…