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Senior Commercial Property Manager - Real Estate
Washington University in St. Louis
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Senior Commercial Property Manager - Real Estate

Washington University in St. Louis

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Details
Posted:
November 23, 2024
Location:
UNIVERSITY CITY, Missouri
Type:
Full-time

Scheduled Hours

40

Position Summary

This position will be responsible for overseeing and executing the daily property management functions of the Universityâ™s growing off-campus commercial real estate portfolio, which consists of approximately 2.0M square feet of retail, office, mixed-use, and industrial space, oversight of 150 third-party commercial leases, and which has annual revenues in excess of $15.0M.

Job Description

Primary Duties & Responsibilities:

Operational Skills

  • Perform regular site visits to ensure that the appearance and operation of the commercial portfolio aligns with internal standards and objectives. 
  • Conduct periodic inspections of tenant spaces to ensure compliance with leases and the proper upkeep of the space.
  • Obtain bids and estimates from vendors for routine services.
  • Work closely with the Construction Manager and Maintenance Operations staff to handle routine tenant turnover activities and other property repairs and inspections.

Tenant Management

  • Serve as a primary point of contact for commercial tenants and respond to inquiries, requests, and issues in a timely and professional manner.
  • Handle tenant onboarding and move-in/out procedures.
  • Generate work orders directed to vendors and/or internal maintenance staff and follow-up with tenants to ensure satisfactory resolution of the issue.
  • Regularly review delinquency reports with Accounting staff and assist in the collection process.
  • Keep tenants apprised of maintenance and construction schedules and activities at the properties.
  • Visit tenants regularly to maintain positive and professional landlord-tenant relationships.

Financial Skills

  • Working closely with internal maintenance operations leaders, develop annual property operating budgets and multi-year capital budgets for the commercial portfolio.
  • Provide regularly reporting to department leadership detailing actual spend, projected spend, and any notable variances.
  • Demonstrate a sense of urgency and initiative in identifying opportunities for cost savings, management efficiencies, and asset enhancements.
  • Assist in annual tenant CAM reconciliations.

Other Responsibilities

  • Assist with special projects and perform other duties as assigned.

The above statements are intended to describe the general nature and level of work performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all job duties performed by the personnel so classified. Management reserves the right to revise or amend duties at any time.

Required Qualifications

Education:

Bachelorâ™s degree or combination of education and/or experience may substitute for minimum education.


Certifications:

No specific certification is required for this position.


Work Experience:

Directly Related To Commercial Real Estate And Property Management (Excluding Residential Real Estate) (5 Years)


Skills:

Not Applicable


Driver's License:

A driver's license and good driving record are required for this position.

More About This Job

Preferred Qualifications:

  • Ability to read, understand, and interpret complex commercial leases.
  • Strong knowledge of commercial portfolio property management and best practices.
  • Solid understanding of preparing and successfully managing property-level budgets.

Preferred Qualifications

Education:

No additional education beyond what is stated in the Required Qualifications section.


Certifications:

No additional certification beyond what is stated in the Required Qualifications section.


Work Experience:

No additional work experience beyond what is stated in the Required Qualifications section.

Skills:

Commercial Property Management, Commercial Real Estate, Interpersonal Communication, Microsoft Office, Office Maintenance, Real Estate Leases, Written Communication, Yardi

Grade

G14

Salary Range

$75,200.00 - $128,800.00 / Annually

The salary range reflects base salaries paid for positions in a given job grade across the University. Individual rates within the range will be determined by factors including one's qualifications and performance, equity with others in the department, market rates for positions within the same grade and department budget.

Questions

For frequently asked questions about the application process, please refer to our External Applicant FAQ.

Accommodation

If you are unable to use our online application system and would like an accommodation, please email CandidateQuestions@wustl.edu or call the dedicated accommodation inquiry number at 314-935-1149 and leave a voicemail with the nature of your request.

All qualified individuals must be able to perform the essential functions of the position satisfactorily and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions of their job, absent undue hardship.

Pre-Employment Screening

All external candidates receiving an offer for employment will be required to submit to pre-employment screening for this position. The screenings will include criminal background check and, as applicable for the position, other background checks, drug screen, an employment and education or licensure/certification verification, physical examination, certain vaccinations and/or governmental registry checks. All offers are contingent upon successful completion of required screening.

Benefits Statement

Personal

  • Up to 22 days of vacation, 10 recognized holidays, and sick time.

  • Competitive health insurance packages with priority appointments and lower copays/coinsurance.

  • Take advantage of our free Metro transit U-Pass for eligible employees.

  • WashU provides eligible employees with a defined contribution (403(b)) Retirement Savings Plan, which combines employee contributions and university contributions starting at 7%.

Wellness

  • Wellness challenges, annual health screenings, mental health resources, mindfulness programs and courses, employee assistance program (EAP), financial resources, access to dietitians, and more!

Family

  • We offer 4 weeks of caregiver leave to bond with your new child. Family care resources are also available for your continued childcare needs. Need adult care? Weâ™ve got you covered.

  • WashU covers the cost of tuition for you and your family, including dependent undergraduate-level college tuition up to 100% at WashU and 40% elsewhere after seven years with us.

For policies, detailed benefits, and eligibility, please visit: https://hr.wustl.edu/benefits/

EEO/AA Statement

Washington University in St. Louis is committed to the principles and practices of equal employment opportunity and especially encourages applications by those from underrepresented groups. It is the Universityâ™s policy to provide equal opportunity and access to persons in all job titles without regard to race, ethnicity, color, national origin, age, religion, sex, sexual orientation, gender identity or expression, disability, protected veteran status, or genetic information.

Diversity Statement

Washington University is dedicated to building a diverse community of individuals who are committed to contributing to an inclusive environment â“ fostering respect for all and welcoming individuals from diverse backgrounds, experiences and perspectives. Individuals with a commitment to these values are encouraged to apply.

Internal Number: JR85911
About Washington University in St. Louis
Washington University in St. Louis, a medium-sized, independent university, is dedicated to challenging its faculty and students alike to seek new knowledge and greater understanding of an ever-changing, multicultural world. The University offers more than 90 programs and almost 1,500 courses leading to bachelor's, master's and doctoral degrees in a broad spectrum of traditional and interdisciplinary fields, with additional opportunities for minor concentrations and individualized programs. The faculty is composed of scholars, scientists, artists and members of the learned professions. They serve society by teaching; by adding to the store of human art, creativity, understanding, and wisdom; and by providing direct services, such as health care.
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