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About the Role
The Industrial Property Manager oversees a portfolio of industrial assets, owning the financial and operational performance of each asset. This includes preparing budgets and CAM reconciliations, delivering ownership reporting, managing vendors and capital projects, and building lasting relationships with clients and tenants.
Responsibilities
- Coordinate all property management-related activities, including day-to-day building operations, accounts payable, accounts receivable, reporting, and client/tenant/vendor relations.
- Work closely with Construction, Leasing, Marketing, and Accounting Teams to ensure the "Stream Team" is providing the highest level of service to our clients.
- Ensure all Stream policies and best practices are implemented and followed.
- Understand and ensure compliance with the Management Agreement(s) and all Client policies and procedures.
- Conduct routine on-site property inspections and associated follow-ups to prevent/identify/resolve problems and exposures.
- Prepare and adhere to operating and capital budgets and re-forecasts, as well as prepare annual expense recovery estimates and CAM reconciliations.
- Coordinate all property-related contracts, services, repairs, and capital projects.
- Prepare, review, and submit the monthly/quarterly/annual financial and operational reports as per Client requirements.
- Prepare monthly expense variance comments for the client(s).
- Review and approve invoices/AP batches, and monthly rent edits.
- Review and ensure the accuracy of the General Ledger.
- Tenant lease review and set up in the designated accounting system.
- Adhere to Stream property management annual audit.
- Coordinate real estate tax review process for the portfolio/assignment.
- Process and oversee all TI applications for accounting submission and payment.
- Maintain personal contact with all vendors, tenants, and clients.
- Respond to and resolve after-hours emergency calls as needed.
- Supervisory responsibility for designated personnel.
- Review, approve, and submit team expense reports and PTO requests.
- Assist in the completion of annual performance reviews and regularly communicate performance to direct reports.
Requirements
- 3+ years of Commercial Property Management experience managing assets
- Supervisory responsibility preferred
- Industrial experience preferred; office, retail, and mixed-use backgrounds considered
- CPM, RPA, or ACoM designation (or in progress) preferred
- Strong written and verbal communication skills; experience interacting with clients, vendors, teammates, and management
- Hands-on experience preparing annual budgets, ownership reports, and CAM reconciliations
- Previous experience using real estate software (Yardi or MRI, Kardin, AvidXchange, Impak, or similar programs)
- Proficiency with Microsoft Excel, Word, and Teams
- Analytical
- Ability to multitask
- Ability to travel locally to properties on a regular basis
- Attributes that align with Stream's core values of Smart, Honest, Nice, and Passionate
Skills
- Commercial Property Management
- Budgeting
- CAM reconciliations
- Ownership reporting
- Vendor management
- Capital project management
- Client relations
- Tenant relations
- Real estate software (Yardi or MRI, Kardin, AvidXchange, Impak, or similar)
- Microsoft Excel
- Microsoft Word
- Microsoft Teams
- Analytical skills
- Multitasking
- Written communication
- Verbal communication
Location
- Dallas, TX
Work Type
- Onsite
Experience Level
- 3+ years
Education Level
- Bachelor's Degree preferred
Benefits
- Competitive salaries
- Bonuses
- Medical insurance
- Dental insurance
- Vision insurance
- Pharmacy benefits
- Health savings account
- Flexible spending accounts
- 401(k) plan with company matching
- PTO
- Holiday pay
About the Company
- Founded in 1996, Stream Realty Partners (Stream) began with a vision focused on people.
- Headquartered in Dallas, TX and operating in core markets coast to coast, Stream completes billions in annual transactions in office, industrial, retail, healthcare, land, and data center properties.
- With millions of square feet of assignments, Stream is one of the fastest-growing, full-service commercial real estate services organizations in the country.
- Stream's team of talented individuals have come together to create its distinct culture, best summarized by the firm’s core values: smart, honest, nice, and passionate.
- At Stream, success begins and ends with its people.
- Stream works hard to attract and retain the best and brightest talent.
- Stream empowers employees to apply their energy, expertise, and creativity to meet client needs while instilling unsurpassed market knowledge and development opportunities.
Equal Opportunity
- Stream is an equal-opportunity employer and does not discriminate on the basis of ethnicity, race, religion, sexual orientation, gender identity, age, national origin, disability, military status, or any other reason prohibited by law.