The posting
Company Description
Founded in 1996, Stream Realty Partners (Stream) began with a vision. Not one focused on bricks and mortar, but with people at its foundation. Headquartered in Dallas, TX and operating in core markets coast to coast, we complete 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. Our team of talented individuals have come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate. For more information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.
IMMEDIATE IMPACT. MEANINGFUL CAREER.
At Stream, we know our success begins and ends with our people. It is the reason we work hard to attract and retain the best and brightest talent. From day one, you will be an integral member of our high-caliber, collaborative team. We will empower you to apply your energy, expertise, and creativity to meet our clients’ needs while instilling in you unsurpassed market knowledge and development opportunities to succeed. When you join Stream, you won’t simply start a new job, you will build a meaningful and impactful career.
Job Description
The Industrial Property Manager oversees a portfolio of industrial assets on behalf of Stream's third-party and institutional clients. You'll own the financial and operational performance of each asset. That includes preparing budgets and CAM reconciliations, delivering ownership reporting, managing vendors and capital projects, and building lasting relationships with clients and tenants.
PRIMARY RESPONSIBILITIES
- Responsible for coordination of 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.
Qualifications
- Bachelor's Degree preferred
- 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
Additional Information
Once you have completed your application, you will receive an email from [email protected] with a link to the Culture Index survey, which will help us gain a better understanding of your strengths and motivational drives. Please search for the "Property Manager - All Locations" position in the Culture Index portal. We kindly request that you set aside 10 uninterrupted minutes within 48 hours of submitting your application.
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#LI-OnSite #LI-GD1
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.
Stream Realty Partners offers competitive salaries, bonuses, medical/dental/vision insurance, pharmacy benefits, health savings account, flexible spending accounts, 401(k) plan with company matching, PTO, and holiday pay. Individual compensation packages are based on various factors unique to each candidate, including skill set, experience, qualifications, location, and other job-related reasons.
To apply for a position, please visit our website at www.streamrealty.com
