Industrial Property Manager

  • Full-time
  • Department: Management Services
  • Business Unit (Market): Chicago

Company Description

Stream Realty Partners, L.P. (“Stream”) is a full-service real estate investment, development, and services company. Since its formation in 1996, the firm has grown from its two original partners to a staff of over 950 real estate professionals that share one common goal: to provide an unequaled level of service to our clients by hiring top talent, instilling them with unsurpassed market knowledge, and uniquely empowering them to apply their energy, expertise, and creativity to each of our clients’ needs. We are always looking for smart, honest, nice and passionate people to join our firm.

Job Description

POSITION OVERVIEW:

Stream is growing!
We're seeking an accomplished Industrial Property Manager to join our Rosemont Property Management team. This property manager will become part of our dynamic team and enjoy access to a defined career track and training to help maximize long-term career growth within our organization.

The Industrial Property Manager is responsible for a prized new addition to our Chicago portfolio - a 4.7M sf collection of client-owned properties located in the Chicago O’Hare submarket.  The Manager will maximize the asset value for the property owners and provide superior service to the tenants.

ESSENTIAL FUNCTIONS OF THIS ROLE:

  • Maintain the property/portfolio and resolve property management issues
  • Monitor the financial performance of the property; Report the monthly financial results
  • Ensure adherence to owners’ policies and procedures
  • Partner with Leasing professionals to resolve leasing issues and maximize occupancy

RESPONSIBILITIES:

  • Maintain personal contact with property owner(s)/asset manager, and tenants
  • Monitor lease expirations and work with leasing team to maximize tenant retention
  • Complete monthly A/R collections
  • Complete the monthly reporting according to owner's needs
  • Ensure compliance with management agreements
  • Competitively bid service contracts annually and all other services as needed
  • Manage vendors
  • Supervise the PM team, including maintenance personnel
  • Conduct routine property inspections to prevent/identify problems and exposures
  • Ensure compliance with codes, regulations and governmental agency directives
  • Assure optimal functioning of building life safety and security systems
  • Assemble, review, and implement operating and capital budgets
  • Assemble and review operating expense reconciliations
  • Establish AR/AP guidelines, track performance, and monitor recovery process
  • Coordinate insurance procurement, electricity procurement, and real estate tax review processes for properties

Qualifications

  • Industrial Property Management and Commercial Real Estate industry experience required
  • 5+ Years property management experience with supervisory responsibility
  • Strong written and verbal communication skills
  • CPM, RPA designation (or in progress) preferred
  • Detail oriented, analytical and computer literate
  • Computer/software skills:  Yardi, MRI, Kardin, Avid, Microsoft Office, Microsoft Excel, Microsoft Outlook
  • Bachelor’s degree preferred

Additional Information

Stream Realty Partners offers competitive salaries, bonuses, medical/dental/vision insurance, pharmacy benefits, health savings account, flexible spending accounts, 401(k) plan, PTO and holiday pay. 

All your information will be kept confidential according to EEO guidelines.