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How much do commercial leasing associate jobs pay per hour?

As of Jun 5, 2026, the average hourly pay for commercial leasing associate in the United States is $20.35, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $21.88 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Commercial Leasing Associate, and why are they important?

To thrive as a Commercial Leasing Associate, you need a solid understanding of real estate principles, strong negotiation skills, and typically a bachelor’s degree in business, real estate, or a related field. Familiarity with property management software, CRM tools, and sometimes a real estate license are commonly required. Excellent interpersonal skills, attention to detail, and the ability to build relationships with clients set top performers apart. These competencies are crucial for successfully securing leases, maintaining client satisfaction, and driving business growth in a competitive market.

What are some common challenges a Commercial Leasing Associate might face when negotiating lease agreements?

Commercial Leasing Associates often encounter challenges such as balancing the interests of property owners with those of prospective tenants, navigating complex lease terms, and staying updated on market trends. Negotiating favorable terms while ensuring compliance with legal and regulatory requirements can be demanding. Additionally, Associates must effectively communicate with a variety of stakeholders, including attorneys and brokers, to resolve conflicts and close deals efficiently.

What is a Commercial Leasing Associate?

A Commercial Leasing Associate is a real estate professional who specializes in assisting property owners and tenants with the leasing of commercial spaces such as offices, retail stores, and industrial properties. Their main responsibilities typically include marketing available properties, negotiating lease terms, conducting property tours, and preparing lease agreements. They act as intermediaries between property owners and prospective tenants to ensure a smooth leasing process. Additionally, Commercial Leasing Associates may provide market analysis, advise clients on rental rates, and help resolve any issues that arise during the lease term.

What is the difference between Commercial Leasing Associate vs Property Manager?

AspectCommercial Leasing AssociateProperty Manager
Primary RoleFacilitates leasing transactions, negotiates lease terms, and attracts tenants for commercial properties.Oversees daily property operations, maintains tenant relations, and manages property maintenance.
Required CredentialsReal estate license, knowledge of leasing laws, sales skillsReal estate license often preferred, property management certification beneficial
Work EnvironmentReal estate firms, leasing offices, commercial property sitesProperty management companies, commercial or residential buildings
Employer & Industry UsageReal estate agencies, commercial property ownersProperty management firms, real estate developers

The Commercial Leasing Associate primarily focuses on leasing commercial spaces, negotiating lease terms, and attracting tenants. In contrast, a Property Manager handles ongoing property operations, tenant relations, and maintenance. While both roles require real estate knowledge and licenses, their daily responsibilities and work environments differ significantly.

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What cities are hiring for Commercial Leasing Associate jobs? Cities with the most Commercial Leasing Associate job openings:
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What job categories do people searching Commercial Leasing Associate jobs look for? The top searched job categories for Commercial Leasing Associate jobs are:
Commercial Leasing Associate jobs near you
Infographic showing various Commercial Leasing Associate job openings in the United States as of May 2026, with employment types broken down into 58% Full Time, 41% Part Time, and 1% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $42,323 per year, or $20.3 per hour.
Commercial Lease Administration Manager - New York, NY

Commercial Lease Administration Manager - New York, NY

Rose Associates

Manhattan, NY • On-site

$115K - $125K/yr

Full-time

Posted 14 days ago

Job description

Overview
Rose Associates is a recognized market leader in multifamily and mixed-use real estate. Based in New York City, we own, develop and operate leading properties in urban markets from Philadelphia to Boston and across all residential asset classes, including market, regulated, workforce and affordable housing. Our dynamic services platform spans development, construction, property and asset management, leasing, marketing and accounting/financial operations. We partner with private owners and institutional investors globally to develop and operate some of the most iconic assets in our markets. We rely on technology and the deep expertise of our team to consistently outperform the market in the operation of more than 30,000 units across some 250 properties in the most challenging housing markets in the country. For the past three years, Rose has been the top-rated manager for resident satisfaction in the United States on the Kingsley Surveys platform (peer group of firms with 10-30,000 units being surveyed).
Established in 1925, Rose Associates possesses a century of real estate expertise and an impeccable reputation for excellence and integrity. Today a woman-owned business led by CEO Amy Rose, we are committed to a corporate culture of belonging and inclusion that is widely admired in the industry. As we expand across the Northeast, Rose is providing opportunity for our team members to grow their careers in an environment of respect and support. Join us on the forefront of innovation and growth - Rose Associates is where excitement meets opportunity!
Are you ready to join a dynamic and growing team? We are seeking a skilled and proactive Commercial Lease Administration Manager to play a pivotal role in managing leases, ensuring seamless transactions, and contributing to the success of our thriving commercial portfolio. If you flourish in a fast-paced environment, possess exceptional organizational skills, and have a passion for excellence, this is your opportunity to be a key player in our commercial leasing operations. Join us and be part of a company that values innovation, teamwork, and your commitment to excellence in commercial lease administration!
Essential Job Functions
Maintain accurate lease data and critical date tracking; ensure timely, accurate billing for base rent, escalations, additional rent, CAM, and real estate taxes; uphold internal controls and compliance requirements; deliver dependable reporting to internal stakeholders; and provide responsive, professional support to tenants and cross-functional partners while continuously improving processes and controls.
  • Review and interpret leases, amendments, and related correspondence; abstract key business terms and legal obligations into Yardi and maintain complete, audit-ready electronic and hard-copy lease files.
  • Work with the Acquisitions team on new leases by attending transition meetings, ensuring all necessary documents are received, and verifying that all ETL-transferred lease information is accurate and fully supported by lease documentation.
  • Establish abstraction standards and quality controls to ensure consistency, completeness, and data integrity across the portfolio (rent, escalations, options, notice requirements, insurance, and other key provisions).
  • Supervise a team of three, conduct annual performance reviews, and ensure staff receive ongoing training and professional development.
  • Coordinate renewals, expansions, terminations, and other lease events by partnering with Management, Leasing and Legal; prepare timelines, track approvals, and ensure system updates and notices are executed on time.
  • Review all leases set up and maintain billing terms in Yardi, including base rent, free rent, percentage rent (if applicable), escalations/step-ups, additional rent, utilities, and other recurring and one-time charges; validate commencements and ensure accurate prorations.
  • Research tenant ledgers, resolve billing discrepancies, and coordinate with Accounts Receivable and Property Management on unapplied cash, short pays, disputes, and write-off documentation as needed.
  • Track and manage critical dates (options, renewals, terminations, notice periods, rent reviews, and expirations); proactively notify internal teams, maintain a documented calendar, and ensure timely execution of required actions.
  • Monitor tenant insurance requirements and compliance (including COIs, endorsements, and renewal dates) and coordinate follow-up with Property Management and Risk/Legal as applicable.
  • Must be present on-site, with the ability to move throughout the building, ensuring effective communication with tenants, staff, vendors, and visitors.
  • Position may be required to perform duties outside their normal responsibilities as needed.
Qualifications
  • Minimum of seven (7) years of experience in property management operations, procurement, and/or accounting, including at least two (2) years of hands-on experience with Yardi.
  • Proven leadership and/or people-management experience in a real estate, property management, or property operations environment. Prior Commercial experience management preferred.
  • Experience developing standard operating procedures (SOPs), job aids, and training documentation.
  • Strong computer proficiency, including advanced Microsoft Excel skills and proficiency with Yardi (Commercial module preferred).
  • Experience supervising and training staff (preferred).
  • Excellent communication, problem-solving, and organizational skills, with strong attention to detail.
  • Work authorization (required)
In addition to base compensation, significant incentive pay and full benefits packages are available.
Annual salary range: $115,000 - $125,000

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