Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 29 days ago
Job description
We are seeking a Property Manager to join our Washington team. This role is responsible for the overall management, operations, and financial performance of a portfolio of industrial and flex properties located in the state of Washington. This role ensures properties are maintained to high standards, delivers excellent tenant service, and supports ownership goals by maximizing asset value. The Property Manager oversees day‑to‑day operations, vendor management, budgeting, financial reporting, and lease compliance across a multi‑building portfolio, reporting to the General Manager and/or Regional Operations Manager.
ABOUT THE ROLE
Financial & Accounting Responsibilities
- Knowledge of financial terms and principles of property management, including budgeting, forecasting, variance reporting, and CAM reconciliations.
- Prepare annual operating budgets and quarterly reforecasts.
- Prepare monthly and/or quarterly financial reports, including accruals, variance analysis, operating expense estimates, and annual CAM reconciliations.
- Approve property expense invoices to ensure prompt processing.
- Oversee and review monthly tenant billings, ensuring accuracy and addressing questions related to billings and cash applications.
- Maintain excellent tenant relations through regular property rounds and direct tenant engagement, including delivering tenant appreciation gifts.
- Resolve elevated tenant concerns via phone, email, or in person to maintain high tenant satisfaction.
- Provide exceptional communication and customer service (written and verbal).
- Oversee Property Administrator responsibilities and ensure compliance with company standards.
- Manage day-to-day property operations, ensuring all services meet quality expectations.
- Conduct onsite property inspections and document accordingly.
- Use personal transportation (mileage reimbursed) to tour and inspect assets throughout the portfolio.
- Ability to multitask across various property management functions including construction, leasing support, vendor coordination, and accounting tasks.
- Build and maintain relationships with vendors, brokers, and community partners.
- Participate in meetings with architects, contractors, and tenants to oversee tenant improvements/make-ready.
- Ensure construction quality and compliance with approved plans, codes, and building standards.
- Ability to solve practical problems and navigate situations with limited standardization.
- Demonstrate sound judgment, independence, and initiative as a self‑starter.
- Strong leadership, collaboration, and interpersonal skills to interact effectively with internal teams.
- Demonstrates strong teamwork attitude and the ability to work well with others across departments.
- Minimum 5 years of experience managing a team with at least 10 years of experience within the commercial property management industry, preferably with class A commercial properties.
- Washington State Real Estate Broker’s License required or be obtained within the first 3 months
- of hire.
- Bachelor’s degree from four-year college or university; or two to four year’s related experience and/or training; or equivalent combination of education and experience.
- Knowledge of financial terms and principles of property management, including budgeting, forecasting, variance reporting, and CAM reconciliations.
- Proficient in technology with a strong knowledge of Microsoft Office 365 Suite; experience with Argus, Salesforce, Prism, AvidXchange, PMWeb and MRI a plus.
- Competency with Microsoft Copilot and the ability to effectively use AI within company‑approved guidelines to improve efficiency, accuracy, and the overall quality of work products, workflows, and property management processes.
- Strong organizational, problem-solving, and analytical skills; able to manage priorities and
- workflow.
- Effective leadership skills, customer service skills, and ability to interact with different stakeholders of the management team, as well as a desire to mentor support-level staff.
The anticipated base salary range for this position is $85,000–$95,000 per year. Actual salary will depend on several factors, including, but not limited to, experience, other job-related skills and qualifications as permitted by law. Full time employees may be eligible for benefits including health insurance, dental insurance, vision insurance, life insurance, 401k matching program, Basic Life and AD&D Insurance, Voluntary Life and AD&D, Flexible Spending Accounts to help offset the cost of dependent care and/or health care expenses, paid holidays and vacation. Employees may also be eligible for a discretionary bonus depending on a number of factors, including the employee’s performance and LBA Realty’s performance on an annual basis.
LBA is proud to be an equal-opportunity employer and is committed to providing a workplace free from harassment and discrimination. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, gender identity or expression, age, marital status, veteran status, disability status, pregnancy, parental status, genetic information, political affiliation, or any other status protected by the laws or regulations in the locations where we operate. Accommodation is available for applicants with disabilities.
PHYSICAL DEMANDS
The physical demands, work environment factors, and mental functions described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is required to stand; walk; sit for extended periods of time; use hands to feel, handle, or type; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl; talk or hear. The employee must occasionally lift and/or move or carry up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus. Additionally, the employee may be required to drive to a property, walk on uneven ground, walk through a construction site, be exposed to dust or fumes and work around machinery or equipment.
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Frequently asked questions
Q: What skills or qualities help someone succeed as a Property Manager?
A: To succeed as a Property Manager, key technical skills include proficiency in property management software, knowledge of local and national real estate laws, and expertise in financial management, including budgeting and accounting. Soft skills such as strong communication, negotiation, and problem-solving abilities, as well as a customer-centric approach, are also essential for building and maintaining relationships with tenants, owners, and vendors. By combining these technical and soft skills, a Property Manager can effectively manage properties, resolve issues, and drive business growth, ultimately leading to career advancement and increased job satisfaction.
Q: What is the career path for a Property Manager?
A: A Property Manager's typical career progression involves starting as an Assistant Property Manager or Leasing Agent, where they gain hands-on experience in property operations and customer service. As they gain experience, they can move into mid-level roles such as Property Manager or Assistant Property Manager, overseeing property maintenance, rent collection, and tenant relations. Senior roles like Regional Property Manager or Director of Property Management often involve strategic planning, team leadership, and high-level decision-making, providing opportunities for long-term career growth and advancement.\n\nKey opportunities for skill development and professional growth in this role include:\n\n- Learning property management software and technology\n- Developing strong communication and negotiation skills\n- Gaining knowledge of local and national real estate laws and regulations\n- Building relationships with vendors, contractors, and other industry professionals\n- Analyzing financial statements and budgeting for property operations\n\nLong-term career prospects for a Property Manager may include transitioning into related roles such as Real Estate Development, Asset Management, or Commercial Real Estate Brokerage, or pursuing leadership positions within property management companies or real estate investment trusts (REITs).
