Commercial Property Manager at Worthe Real Estate Group

San Mateo, California, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Commercial Real EstateIndustries

Requirements

Minimum of three (3) years in commercial building management
High school diploma or general education degree (GED) required; Bachelor’s degree preferred
Firm understanding of commercial leases, operating expense recoveries, and ability to partner with broker on leasing activity for property
Strong written and verbal communication skills to effectively communicate with tenants, vendors, contractors, brokers, and interdepartmental teams, including presenting information and responding to questions

Responsibilities

Manage physical property maintenance by partnering with engineering team and vended services for repairs and maintenance, ensuring prompt, best-in-class response to issues
Develop and administer a capital improvement plan by evaluating property needs and ROI of proposed projects
Oversee all leases and lease amendments, reviewing and tracking critical tenant and property information such as lease clauses, options, operating expense parameters, and important dates
Develop and administer the annual budget to align with ownership objectives, financial goals, and industry standards
Ensure accurate calculation and recovery of operating expenses and reimbursements; produce monthly variance reports and quarterly reforecasts
Manage a team (if applicable) including Assistant Property Manager, Property Administrator, and/or maintenance staff: recruiting, onboarding, scheduling, training, development, and evaluation aligned with company standards
Provide strong leadership, maintain a positive working environment, communicate company policy and procedures, and participate in staffing plans to support property/tenant needs and financial goals
Support leasing process: participate in leasing meetings, broker engagement, and tenant relations
Oversee tenant improvements: coordinate plans with architect, bidding, GC selection, contracting, and execution while complying with lease agreements
Assist brokerage team with accurate reporting on lease expirations, encumbered space, space planning coordination, contractor bids, marketing materials, and meetings with prospective tenants

Skills

Key technologies and capabilities for this role

Property ManagementLease AdministrationFinancial AdministrationCapital Improvement PlanningTenant RelationsBudget DevelopmentOperating ExpensesMaintenance CoordinationROI AnalysisLease Review

Questions & Answers

Common questions about this position

Is this position remote or does it require office presence?

The role is based at the company's new Home Office in San Mateo.

What are the key responsibilities of this Property Manager role?

Responsibilities include property management for maintenance and capital improvements, lease administration, financial administration like budgeting and variance reports, leading a team, and supporting leasing activities.

What salary or compensation is offered for this position?

This information is not specified in the job description.

What is the company culture like at Worthe Real Estate Group?

The company emphasizes 'Good Living for the Greater Good,' fostering a sense of home and belonging while supporting career goals with the best working experience and having fun together.

What experience makes a strong candidate for this role?

A Property Manager or seasoned Assistant Property Manager ready to advance, with skills in tenant relations, maintenance oversight, lease and financial administration, team leadership, and leasing support.

Worthe Real Estate Group

Develops and manages office spaces in LA

About Worthe Real Estate Group

Worthe Real Estate Group specializes in developing and managing high-quality office environments in the Los Angeles region, with a portfolio exceeding 5,000,000 sq ft. Their technologies and methods focus on creating vibrant business communities through a long-term ownership philosophy and notable real estate developments.

100 Wilshire Blvd, Santa Monica, CA 90401, USAHeadquarters

1967Year Founded

VENTURE_UNKNOWNCompany Stage

Real EstateIndustries

51-200Employees