Senior Property Manager at Brixmor Property Group

Adelaide, South Australia, Australia

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, Property ManagementIndustries

Requirements

Over 5 years’ experience in a commercial and industrial Property Manager role
High level of competency in property performance analysis and valuation principles
Enjoys collaborating and building relationships with internal and external stakeholders

Responsibilities

Formulate annual capital, income and expenditure budgets and undertake monthly forecasting
Complete detailed monthly preparation and review of each Net Operating Income Statements including leasing costs, incentives and variance analysis
Accountability for the preparation, review and sign-off annual outgoings recovery reconciliations
Instruct solicitors on and administer all lease documentation
Prepare monthly, quarterly and periodic reports
Oversee carpark management agreements, operations and performance
Maintain compliance obligations in accordance with the Environmental Management System
Conduct best in class tenant relationship management
Undertake make good and lease negotiations
Manage general tenant correspondence
Manage a portfolio of Industrial and commercial assets and execute the asset plan through efficient tenant retention and cost control to maximise the value of each asset

Skills

Key technologies and capabilities for this role

Property ManagementCommercial PropertyIndustrial PropertyFinancial AnalysisBudgetingNet Operating IncomeVariance AnalysisOutgoings RecoveryLease AdministrationTenant Relationship ManagementLease NegotiationAsset ManagementComplianceReporting

Questions & Answers

Common questions about this position

What benefits does Cromwell Property Group offer?

Benefits include Agile Working (Hybrid Working), yearly performance bonuses, 16 weeks flexible paid parental leave after 3 months, inclusive leave entitlements, career development programs, LinkedIn Learning access, financial support for training, annual leadership programs, $299 health and wellbeing benefit, and corporate discounts.

Is this a remote or hybrid role?

The role offers Agile Working (Hybrid Working).

What experience and skills are required for the Senior Property Manager role?

Candidates need over 5 years’ experience in a commercial and industrial Property Manager role, high competency in property performance analysis and valuation principles, and skills in collaborating with stakeholders.

What is the company culture like at Cromwell Property Group?

The company thrives on collaboration and diversity, values fresh perspectives, creativity, and building relationships, with a multidisciplinary team focused on transparency, authenticity, and career development.

What makes a strong candidate for this Senior Property Manager position?

A strong candidate has over 5 years of experience in commercial and industrial property management, enjoys collaborating and building relationships with stakeholders, and brings unique skills in property performance analysis and valuation.

Brixmor Property Group

Owns and operates retail shopping centers

About Brixmor Property Group

Brixmor Property Group owns and operates around 360 retail centers in the United States, serving as important locations where retailers and communities interact. Their properties range from large shopping centers to smaller spaces available for lease or sale. The company focuses on sustainable growth by revitalizing underused assets and collaborating with businesses to create lively retail environments. Brixmor's revenue comes mainly from leasing spaces to a variety of tenants, including national retailers, local businesses, and seasonal pop-up shops. They offer flexible leasing options and prime locations to attract a diverse clientele. Brixmor stands out from competitors through its commitment to community engagement and sustainable practices, ensuring that its properties remain appealing and beneficial to both tenants and local communities.

New York City, New YorkHeadquarters

1985Year Founded

$400MTotal Funding

IPOCompany Stage

Real EstateIndustries

201-500Employees

Benefits

Paid parental leave

Medical/Rx/Vision coverage

Dental

Flexible spending accounts

401(k)

Life insurance

Service days

Education assistance

Risks

Rising interest rates could impact Brixmor's financing for acquisitions and redevelopment.

E-commerce growth may reduce foot traffic to Brixmor's physical shopping centers.

Potential tenant bankruptcies could increase vacancy rates and reduce rental income.

Differentiation

Brixmor focuses on grocery-anchored centers, ensuring stable foot traffic and revenue.

The company partners with entrepreneurs to revitalize underused assets, enhancing community value.

Brixmor offers flexible leasing options, attracting diverse tenants including pop-up shops.

Upsides

Moody's upgraded Brixmor's credit rating to 'Baa2', reflecting strong operating results.

Record occupancy rates and lease retention indicate robust demand for Brixmor's properties.

Brixmor's focus on sustainability aligns with increasing tenant and investor preferences.

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