Senior Property Manager - Office

Federal Realty Investment Trust is a proven leader in the ownership, operation, development, and redevelopment of premium retail real estate in the country's best markets. We consider ourselves one of the most innovative and dynamic real estate companies with which one can work. Interested candidates who research Federal Realty will learn about our high-quality community shopping center and mixed-use property portfolio. Federal Realty's well-respected real estate investment and management team delivers a significant combination of modest and large value-added investments; being part of the team that conceives of and delivers these investments is very rewarding. While Federal Realty is one of the country's largest publicly traded real estate investment trusts, as measured by the value of our assets, we function and operate more like a small company. Team members with initiative and proven ability get involved in executing Federal's business plan. We encourage you to follow Federal Realty Investment Trust on LinkedIn.

Federal Realty is sourcing a Senior Property Manager for our North Bethesda, MD corporate office. The Senior Property Manager will assist with overseeing the office buildings at Pike and Rose. The ideal candidate is a self-starter, a team player, pays close attention to detail, and provides exemplary professional service to internal and external parties. The Senior Property Manager will report directly to the Regional General Manager.

• Establish and maintain strong and positive relationships with all clients, property tenants, vendors, and contractors.
• Serve as the primary point of contact for all office-related clients, tenants, vendors, and contractors.
• Conduct routine property inspections, ensuring all standard operating procedures are met.
• Enhance and elevate the tenant experience by regularly assessing the building condition. Ensure issues are addressed immediately, and expectations are met.
• Supervise and approve the preparation of annual business plans and operating budgets for the owner, including market conditions, property profile, lease assumptions, income and expense projections, and capital improvement programs.
• Assist leasing agents in devising marketing plans. Maintain knowledge of current industry events, trends, and regulations. Lead the management team in developing, recommending, and implementing Owner-approved programs.
• Review architectural plans and bids and assist the construction management team as needed.
• Coordinate and supervise construction per the lease agreement, ensuring adherence to property code and building regulations. Ensure proper payment of construction contracts and proper execution of lien waivers.
• Administrative responsibilities include but are not limited to invoice processing, coding, and payment, ensuring all invoices are paid on time.
• Assist Regional General Manager with capital jobs, including creation of 5 - 10 year capital plan, capital job tracking, creation of scope of work, assistance with project management, etc.
• Serve as a resource during office lease negotiations (related to operating procedures, rules, etc.)
• Assist the development team with review, comments, etc., of new construction or tenant buildouts.
• Manage day-to-day operations of all office buildings in the assigned regional portfolio, including but not limited to facility maintenance, janitorial, security monitoring, security personnel, window washing, stone/metal/wood maintenance, elevator, etc.
• Prepare the annual operating budget, monthly variance reports, and quarterly budget reforecast reports for the properties, and manage operating expenses within or below budgeted levels.
• Collaborate with and be a resource to Retail Property Management.
• Be a point of contact for after-hours calls/questions/emergencies.
• Other duties as assigned.

• 10+ years of commercial real estate/office property management experience
• Bachelor's Degree is preferred, or equivalent work experience is required
• Previous experience managing a portfolio of properties is required
• Experience overseeing capital improvement projects and expenditures
• Knowledge of leases and financial statements and solid experience budgeting, monitoring expenses, and processing account payables
• Excellent leadership and team-building skills with a proven track record of successfully managing in-house employees and effectively influencing external stakeholders, contractors, and vendors
• Ability to effectively prioritize tasks and move seamlessly between projects as required in a fast-paced, deadline-driven environment
• Demonstrated ability to analyze, evaluate, and act on issues and problems, reach sound conclusions through critical thinking, and take appropriate action
• Excellent written, verbal, and interpersonal communication skills, with the proven ability to convey ideas to diverse stakeholders, including tenants and contracted service personnel
• Demonstrated excellent customer service, satisfaction, and a desire to contribute to a successful team
• Computer skills required with demonstrated proficiency in Microsoft Outlook, Excel, and Word
• Ability to work beyond a 9-5 environment
• Ability to perform essential on-site property inspections, including walking or standing for extended periods, with reasonable accommodations as needed

Salary Range: The typical total compensation range for this role is $125,000-$145,000 per year plus bonus. To ensure a fair and competitive offer, we take into account your job-related skills, experience, relevant trainings, and certifications.

Federal Realty Investment Trust is an Equal Opportunity / Affirmative Action employer. Federal values a diverse workforce and is committed to providing equal employment and advancement opportunities to all employees and applicants. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, gender identity or expression, genetics, or protected Veteran status.

Federal Realty Investment Trust does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Federal Realty Investment Trust and Federal Realty Investment Trust will not be obligated to pay a placement fee.

If you are unable to submit your application online, please call 301-998-8100.