Property Manager
Description

  

At NewMark Merrill, our unwavering commitment to "Doing Retail Better" has been the cornerstone of our success over the past 40 years. Through shifting landscapes, economic fluctuations, and industry disruptions, we remain steadfast in our dedication to connecting with communities, cultivating authentic environments, and empowering our tenants to thrive. With offices in Denver, Los Angeles, Sacramento, San Diego, and Chicago, NewMark Merrill proudly owns and manages over 12 million square feet of retail assets, comprised of over 2,000 tenants across 95 communities.


As a boutique-sized firm, we offer the best of both worlds: the efficiency of large portfolio economies of scale combined with the agility of swift decision-making and personalized attention from senior leadership. We are more than just landlords; we are partners in success. By fostering close relationships with communities, engaging directly with our merchants and shoppers, and investing in innovative technology and data collection, we provide invaluable insights that empower our tenants to thrive in our centers.


By deeply understanding the communities we serve and leveraging world-class technology, we maximize value and curate exceptional experiences that transform visitors into loyal customers. Our commitment to excellence extends beyond transactions; it's about creating lasting impact and fostering sustainable growth.


Above all, it's our people who propel NewMark Merrill to new heights of success and innovation. They are ambitious and talented individuals that bring their passion and expertise to our daily endeavors. We promote a welcoming team-oriented environment where we lead with innovation, address challenges head-on, encourage out-of-the-box thinking and celebrate our successes.


At NewMark Merrill we strive to elevate the retail experience, one community at a time. We invite you to join us on this journey as we continue to redefine the possibilities of retail.


Go to www.newmarkmerrill.com to learn more about the company and its culture.


Position Summary

  

At NewMark Merrill Companies our Property Managers have the role of being the head of operations for the centers they oversee. This includes oversight of the physical parts of the center, but just as importantly, they are responsible for getting to know the tenants, identifying what makes the successful tenants successful, and what we can do to assist the less successful. We want our Property Managers to know the community leaders, engage with our shoppers, and work with marketing, technology, accounting and leasing to make sure we always deliver an environment that we are proud of. 


Our Property Managers spend no time on rent collection, and less time on accounting, but much more time in understanding what makes our neighborhoods work and helps to ensure our centers hold a special place in our customers’ hearts.


Essential Job Functions

  

  • Supervise day-to-day property management operations by monitoring activities via monthly open items lists ensure alignment with the asset's business plan and financial goals to enhance operational, leasing and marketing effectiveness.
  • Prepare the annual operating and capital expenditures budget and provide monthly variance reporting.
  • Perform property inspections on a regular basis and make recommendations to maintain and enhance the asset.
  • Maintain relationships with tenants, vendors, and owners to ensure satisfaction and to promote solid, reliable relationships to resolve issues and foster strong community connections.
  • Attend merchant meetings and marketing events and collaborate closely with Marketing Directors.
  • Support leasing efforts, including showing spaces to prospective tenants and managing signage. The property manager should be familiar with the provisions of NNN lease.
  • Evaluate service contract requirements, oversee tenant improvements, prepare job specifications, obtain/evaluate bids, negotiate and manage vendor contracts and monitor vendor performance through regular inspection.
  • Utilize our proprietary property management portal to track and enhance property performance.
  • Maintain robust relationships with tenants, vendors, and community members, ensuring high levels of satisfaction.
  • Ensure all property activities comply with legal, regulatory, and environmental standards.
  • Respond to after-hours emergencies as needed by phone or in person based on their severity.


Requirements


  • Bachelor’s Degree or equivalent work experience with at least 5 years in Retail Property Management.
  • Exceptional focus on client service; highly responsive to the needs of tenants and the community.
  • Ability to think creatively to produce extraordinary outcomes.
  • Possesses high integrity and a strong work ethic.
  • Eager for professional development opportunities.
  • Strong team and people skills.
  • Highly organized with proficient time management.
  • Effective communicator both in writing and verbally.
  • Advanced skills in using Microsoft Excel, Word, Outlook, and a strong interest in property technology.
  • Must hold a California Real Estate Salesperson license.