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Commercial Property Manager (Retail Centers)

Company: Retail Real Estate Co.
Location: Baton Rouge
Posted on: November 26, 2022

Job Description:

*Commercial Property Manager*


*Reports to: * Director of Property Manager

Commercial Property Manager

Baton Rouge, LA


The Property Manager reports to the Director of Property Management and is responsible for operational activities associated with the Company's objectives of creating value through the development, ownership and operation of 5Rivers assets. This position will be based in Baton Rouge, LA and will be responsible for the entire 5Rivers Louisiana portfolio. Travel is required for site visits. The successful candidate will be able to demonstrate core competencies in the following areas:

*Property Management*

* Manage and grow the profitability of each asset via rent collections, creative income initiatives, and expense management
* Inspect property regularly, noting deficiencies (i.e., landscaping, fire protection, housekeeping, etc.)
* Manage vendors for all capital projects & routine maintenance
* Ensure facility compliance with terms and conditions of all service contracts, local codes, and insurance carriers
* Provide direction to staff and contractors that will preserve the aesthetic appeal of the property and integrity of systems.
* Maintain all vacant suites in a neat, clean and orderly manner
* Track and maintain tenant improvement, commission, marketing, and vacant space utility costs
* Abstract leases and uphold lease administration in day-to-day operations including drafting commencement letters, tenant adjustment forms, move-ins/outs, lease commissions, TI coordination and reconciliations, etc.
* Rent collection is a high priority - ensure procedures are followed to maintain timely payment
* Conduct move-out walk-throughs with tenants;follow 5RIvers move out policy and procedures
* Assist in providing due diligence information to corporate as needed or as client requests
* Review all management agreements to ensure compliance
* Attend pre-construction meetings, punch-list walk throughs
* Monitor A/R
* Review and approve vendor invoices for payment
* Track vendor and repair reserves with accounting
* Complete monthly accruals and variance comments


* Prepare property budgets incorporating both tactical and strategic perspectives
* Secure necessary approvals from Director of Property Management or Chief Operating Officer/Vice President for capital expenditures
* Monitor compliance with established budget throughout the year
* Reforecast mid-year to ensure property budget is on track
* Complete CAM recs

*Tenant Relations*

* Analyze, recommend and manage vendor relationships and agreements with competitive bidding and monitoring of performance. Evaluate the changing needs of the asset on an on-going basis to ensure it is consistently maintained with 5Rivers standards
* Meet with all tenants to maintain positive tenant relations in accordance with 5Rivers policy and procedures
* Address tenant issues in a timely manner
* Keep leasing updated regarding tenant visits and tenant related issues

*Qualifications + Skills*

* Minimum of 3+ years experience in commercial real estate, preferably retail
* Bachelor's degree preferred from an accredited institution with a focus in Management, Finance or Economics
* Knowledge of MS Office (Word, Excel, PowerPoint and Outlook)
* Knowledge of Yardi required
* Effective written and oral communication skills,including strong spelling, editing, proofreading, punctuation and grammar skills

Job Type: Full-time

Pay: $60,000.00 - $80,000.00 per year

* Dental insurance
* Health insurance
* Life insurance
* Paid time off
* Vision insurance
* 8 hour shift
* Monday to Friday

Ability to commute/relocate:
* Oxford, AL 36203: Reliably commute or planning to relocate before starting work (Required)

* Customer service: 1 year (Preferred)

* Driver's License (Preferred)

Work Location: Hybrid remote in Baton Rouge, LA 70815%58047475%

Keywords: Retail Real Estate Co., Baton Rouge , Commercial Property Manager (Retail Centers), Executive , Baton Rouge, Louisiana

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