Commercial Property Manager

The Inland Real Estate Group of Companies • Oak Brook, IL

Company

The Inland Real Estate Group of Companies

Location

Oak Brook, IL

Type

Full Time

Job Description

The Property Manager's primary responsibility is to direct and coordinate the financial and physical operations of assigned retail/shopping center property(s) to ensure the corporate financial and business objectives are being achieved. The goal of this position is to meet/exceed Net Operating Income (NOI) projections, maintain the physical condition of the asset, and ensure compliance with legal requirements and corporate policies/procedures. Responsibilities: • Maintain the highest level of awareness of the status of properties in the portfolio and market conditions in the area. • Create an annual operating budget for assigned properties, and continuously monitor performance against the budget. • Prepare monthly budget variance (BVR) report for review by Senior Property Manager. • Conduct complete property inspections regularly. • Identify and control the physical safety and liability concerns. • Review vendor contracts/performance regularly, address issues, and negotiate new contracts as needed. • Maintain contact with tenants to address questions, requests, and concerns. • Continuously review tenant accounts, monitor the collection process, and actively engage in resolving collection issues and disputes. • Report collection activity on a monthly basis to members of Property Accounting and senior management • Review/prepare tenant improvement allowances and ensure timely tenant construction and performance. • Provide input to the Marketing Department on programs and signage. • Review the standard provisions of all lease agreements, ensure compliance with operational agreements, R&M responsibilities, and governmental regulations, and collect information as required by lease. Requirements: • An associate's degree is required. • 5 years Commercial Property Management experience required • Candidate must have excellent communication, organizational and time management skills. Previous experience managing a commercial portfolio, preferably retail assets or shopping center assets. • General understanding and experience with property marketing, budgeting and capital improvements. • 50% travel required. Annual Base Salary Range:$85,000-$110,000. This position is eligible to participate in the company’s annual discretionary bonus program. Inland offers a competitive range of benefits for eligible Full-time employees: • Medical/Dental/Vision insurance (PPO) • Participation in the company 401(k) plan with a company match • Vacation Time, Nine Paid Holidays, Three floating holidays per year • Sick time • Tuition reimbursement opportunity • Company-paid life insurance equaling your annual base salary • Company-paid short-term and long-term disability • Paid Parental Leave This position is eligible as an internal promotion opportunity. To learn more about the Benefits Inland offers its employees please click the link to learn more. We are a drug-free workplace. Pre-employment background checks and drug screening is performed on all new hires, in accordance with applicable laws and regulations. We are an Equal Opportunity Employer. We consider applicants for all positions without regard to race, color, religion, sex, national origin, age, sexual orientation, familial, marital or veteran status, disability, or any other legally protected classes. We are an E-Verify employer. Please click the following link to learn more. Benefits: • 401(k) • 401(k) matching • Dental insurance • Health insurance • Life insurance • Paid time off • Parental leave • Referral program • Tuition reimbursement • Vision insurance Work Location: Hybrid remote in Oak Brook, IL 60523
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Date Posted

07/17/2025

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