Senior Real Estate Manager

THE ROLE:

The Senior Property Manager oversees the day-to-day operation, leasing and compliance of a portfolio of 26 net-leased industrial buildings totaling approximately 2,000,000 square feet. This hands-on position covers lease drafting, tenant relations, contractor management and municipal approvals. Our in-house property accounting team handles financial reporting.

RESPONSIBILITIES:

• Draft letters of intent and initial lease agreements based on negotiated terms, and coordinate with legal counsel on final documents

• Market available space, including listings, advertising, signage, and coordination with outside brokers • Serve as primary point of contact for tenants and respond promptly to building issues

• Monitor tenant compliance with lease terms, including use, maintenance obligations, alterations, insurance and outdoor storage

• Track and maintain current certificates of insurance for all tenants and vendors

• Bid, hire and manage contractors for snow removal, landscaping, roofing, paving and other building trades

• Prepare and manage tenant applications to municipalities, including certificates of occupancy, zoning/use approvals, fire inspections and sign permits

• Ensure building compliance with fire, life-safety and local code requirements

• Conduct regular property inspections and recommend repairs and capital improvements

• Maintain a calendar of lease expirations, renewal options and other critical dates

• Work with the accounting team on vendor invoices, tenant billing questions and budgets

QUALIFICATIONS:

• 5+ years of commercial property management experience, preferably with industrial or NNN properties

• Demonstrated experience drafting LOIs and commercial leases

• Working knowledge of NNN lease structures and landlord/tenant responsibilities

• Experience managing contractors and building trades, including roofing, paving and site work

• Familiarity with the New Jersey municipal approval process (CO, zoning, fire)

• Exceptionally detail-oriented, with the accuracy to draft leases, track insurance certificates and catch lease compliance issues

• Highly organized, able to manage multiple properties, deadlines and projects at once without letting anything slip

• Excellent interpersonal skills: professional, personable and responsive in daily dealings with tenants, contractors and town officials

• Ability to work independently and take ownership of the portfolio

• Proficiency in Microsoft Office, including Word and Excel spreadsheets

• Experience with Yardi or MRI property management software preferred • Valid driver's license and reliable vehicle for travel between properties

• NJ Real Estate license and or paralegal experience a plus

COMPENSATION & BENEFITS:

• Salary: $110,000 – $130,000, commensurate with experience

• Medical insurance

• Paid sick leave

The Frassetto Companies is an equal opportunity employer.