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International Erosion Control Association

The Keller Group is excited to support our Phoenix-based client in their search for a Project Manager - Commercial Real Estate Development . This is a high-visibility, hands-on development role ...

Percy Towers

Partner (Real Estate)

Boston, MA · On-site

$300K - $500K/yr

Commercial Real Estate Development / Land Use & Transactions / Complex Transactions § Location: Boston, MA § Salary: $300,000 to $500,000 Base Salary (Plus performance bonus eligibility and ...

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Commercial Real Estate Development information

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$54.5K

$102.3K

$162K

How much do commercial real estate development jobs pay per year?

As of Sep 15, 2026, the average yearly pay for commercial real estate development in the United States is $102,271.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,000.00 and $128,000.00 per year, depending on experience, location, and employer.

What are the qualifications to get a job in commercial real estate development?

The qualifications that you need to start a career in commercial real estate development depend on the position, but many people in this industry have a postsecondary degree. Licensure as a real estate agent may be required for certain roles. A developer needs a strong understanding of the market and the skills to foster relationships with potential investors. A commercial real estate development manager needs organization skills to coordinate a project and ensure that everything remains on schedule. An analyst typically has a degree in math, finance, economics, or business. The job of someone in commercial real estate development is to plan, coordinate, or oversee non-residential building projects, such as an industrial or office space.

What are the key skills and qualifications needed to thrive as a commercial real estate developer, and why are they important?

To thrive as a Commercial Real Estate Developer, you need a solid understanding of market analysis, finance, project management, zoning laws, and often a degree in real estate, business, or a related field. Familiarity with financial modeling software, project management tools, and real estate databases like CoStar or Argus is typically required. Outstanding negotiation, networking, and problem-solving skills help professionals excel in securing deals and managing diverse stakeholder interests. These competencies are crucial for successfully identifying opportunities, mitigating risks, and delivering profitable commercial developments.

What are some common challenges faced in commercial real estate development projects?

Commercial real estate development often involves navigating complex zoning regulations, securing financing, and managing relationships with various stakeholders such as investors, architects, and local government officials. Project timelines can be impacted by unexpected construction delays or changes in market demand, requiring flexibility and problem-solving skills. Successful developers stay proactive in risk management and maintain clear communication across multidisciplinary teams to keep projects on track.

What is the difference between Commercial Real Estate Development vs Commercial Real Estate Brokerage?

AspectCommercial Real Estate DevelopmentCommercial Real Estate Brokerage
Primary FocusPlanning, designing, and constructing new commercial properties or renovating existing onesFacilitating property sales, leasing, and marketing for clients
Required CredentialsReal estate license, possibly a degree in real estate, finance, or related fieldsReal estate license, sales experience, and negotiation skills
Work EnvironmentConstruction sites, project offices, and planning meetingsOffice settings, client meetings, property tours
Industry UsageInvolved in the development phase of commercial propertiesInvolved in transaction and leasing processes

While both roles operate within the commercial real estate industry, commercial real estate development focuses on creating and building new properties, whereas commercial real estate brokerage centers on selling, leasing, and marketing existing properties. Understanding these differences helps professionals and clients identify the right expertise for their needs.

How do you become a commercial real estate developer?

To become a commercial real estate developer, individuals typically gain experience in real estate, finance, or construction, often through roles such as project manager or analyst. They may pursue a bachelor's degree in real estate, business, or related fields, and develop skills in market analysis, financial modeling, and negotiation. Building a network and understanding local regulations are also important steps in entering the field.

What are commercial real estate developers?

Commercial real estate developers are professionals who plan, finance, and oversee the construction or renovation of commercial properties such as office buildings, retail centers, and industrial facilities. They coordinate with architects, contractors, and investors to bring projects from concept to completion, often requiring knowledge of market analysis, zoning laws, and project management tools.
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What states have the most Commercial Real Estate Development jobs?

States with the most job openings for Commercial Real Estate Development jobs include:

What are popular job titles for Commercial Real Estate Development?

Popular job titles for Commercial Real Estate Development:

Commercial Real Estate Development jobs near you
Infographic showing various Commercial Real Estate Development job openings in the United States as of September 2026, with employment types broken down into 1% Internship, 1% As Needed, 81% Full Time, 15% Part Time, and 2% Contract. Highlights an 85% Physical, 3% Hybrid, and 12% Remote job distribution, with an average salary of $102,271 per year, or $49.2 per hour.

Project Manager - Commercial Real Estate Development

On-site

International Erosion Control Association
11 - 50 employees
Learn more about International Erosion Control Associationexternal

Other

Posted 13 days ago

Job description

The Keller Group is excited to support our Phoenix-based client in their search for a Project Manager - Commercial Real Estate Development. This is a high-visibility, hands-on development role supporting a fast-paced real estate investment and construction environment. As a key member of the Development & Construction team, you will own the day-to-day execution of multiple projects simultaneously while serving as the primary point of coordination between internal leadership, contractors, consultants, tenants, and external partners.

This role will join a highly entrepreneurial, growing organization with a strong pipeline of ground-up and tenant improvement projects across Arizona and beyond. It offers significant ownership, exposure to the full development lifecycle, and long-term growth potential within a dynamic and expanding platform.

WHAT YOU’LL OWN
  • Lead and manage multiple concurrent commercial real estate development projects from concept through completion
  • Oversee ground-up construction and tenant improvement (TI) projects across various stages of the development lifecycle
  • Coordinate with architects, engineers, contractors, and consultants to establish budgets, schedules, and execution plans
  • Drive entitlement, permitting, and pre-construction activities in partnership with city officials and design teams
  • Manage project budgets, timelines, and quality control to ensure successful delivery across all phases
  • Serve as the primary point of contact for tenants, internal leadership, lenders, and capital partners
  • Oversee general contractors and construction managers while maintaining owner-side accountability
  • Prepare project reporting, status updates, and risk assessments for internal and external stakeholders
  • Support draw requests, lender coordination, and financial tracking in partnership with capital sources
  • Identify and resolve project issues quickly while maintaining strong forward momentum across active builds
WHAT WE’R LOOKING FOR
  • 5+ years of experience in commercial real estate development, construction management, or related project management roles
  • Strong background in both ground-up construction and tenant improvement projects
  • Experience working with or for developers, owner’s representatives, or general contractors strongly preferred
  • Familiarity with entitlements, permitting, and municipal coordination
  • Ability to manage multiple complex projects simultaneously with strong organizational discipline
  • Comfort operating across both field-level execution and executive-level communication
  • Strong budgeting and cost management experience across commercial construction projects
  • Proficiency in Microsoft Office Suite; experience with Procore, Asana, or MS Project a plus
  • Highly proactive, detail-oriented, and solution-driven approach to project execution
  • Strong executive presence with the ability to communicate clearly with leadership, tenants, and external partners
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