Property Manager, Industrial
Founded in 1996, Stream Realty Partners (Stream) began with a vision centered on people. Headquartered in Dallas, TX and operating in core markets nationwide, we complete billions in annual transactions across office, industrial, retail, healthcare, land, and data center properties. With millions of square feet under management, Stream is one of the fastest-growing, full-service commercial real estate services organizations in the country.
About the role
At Stream, we know our success begins and ends with our people. From day one, you will be an integral member of our high-caliber, collaborative team. We empower you to apply your energy, expertise, and creativity to meet our clients’ needs while providing 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.
The Property Manager provides first-class property management services to third-party clients and owners. This role includes financial and operational management for a portfolio of industrial assets, encompassing client interaction, tenant and vendor relations, lease administration, budgeting, and supervisory responsibility.
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” provides the highest level of service to 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 property inspections and associated follow-ups to prevent, identify, and resolve problems and exposures.
- Prepare and adhere to operating and capital budgets, re-forecasts, annual expense recovery estimates, and reconciliations.
- Coordinate all property-related contracts, services, repairs, and capital projects.
- Prepare, review, and submit monthly, quarterly, and 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.
- Perform tenant lease review and set up in the designated accounting system.
- Adhere to Stream’s property management annual audit.
- Coordinate the 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, including reviewing, approving, and submitting team expense reports and PTO requests.
- Assist in the completion of annual performance reviews and regularly communicate performance to direct reports.
Requirements
- Bachelor’s Degree preferred.
- 3+ years of Commercial Property Management experience with supervisory responsibility preferred.
- CPM, RPA designation (or in progress) preferred.
- Strong written and verbal communication skills; experience interacting with clients, vendors, teammates, and management.
- 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.
- Attributes that align with Stream's core values of Smart, Honest, Nice, and Passionate.
Benefits
- Competitive salaries and bonuses.
- Medical, dental, and vision insurance.
- Pharmacy benefits.
- Health savings account and flexible spending accounts.
- 401(k) plan with company matching.
- Paid time off (PTO) and holiday pay.