Property Manager, Industrial

Location:

410, 330 5th Avenue SW, Calgary, Alberta, T2P 0J1

Choice Properties Real Estate Investment Trust is an owner, manager and developer of well-located retail and commercial real estate across Canada. Choice Properties' portfolio spans approximately 65 million square feet of gross leasable area and consists of over 700 properties primarily focused on supermarket-anchored shopping centres and stand-alone supermarkets.

Choice Properties’ strategy is to create value by enhancing and optimizing its portfolio through accretive acquisitions, strategic development and active property management. Choice Properties' principal tenant is Loblaw Companies Limited, Canada's largest retailer. Choice Properties' strong alliance with Loblaw positions it well for future growth.

A commitment to continuous learning and development is a strong part of our culture.

This individual is responsible for coordinating lease enforcement policy to ensure tenant compliance of leases and implement appropriate remedies when tenants are in default of their lease guidelines and procedures, ensuring appropriate internal controls are maintained, coordinating the preparation of building operating and capital budgets to ensure highest level of maintenance and integrity of properties and control operations within budget, ensure all administrative procedures for A/R control, variance control, sales reporting, project approvals, environmental reporting and lease documentation are completed correctly and providing strategic direction and ongoing stewardship to ensure the long term operational integrity and viability of commercial properties.

The Western Industrial portfolio consists of approximately 4 million sq. ft. with a portion of the portfolio being in Edmonton.

Key Responsibilities include:

• Assist in the development of the asset management plan for properties and meet asset management objectives for assigned portfolio.
• Manage rent collection policy to ensure prompt payment by tenants and assist in rent collections directly as required.
• Monitor accounts payable to ensure payments according to policy.
• Manage appropriate landlord remedies for all tenant defaults and ensure tenant compliance on all issues.
• Coordinate and assist environmental policy and procedures.
• Supervise on-site staff to assure direction.
• Prepare deliverable operating and capital budgets.
• Control variances to ensure budgets on target.
• Liaise with asset management team, and if applicable co-owners, regarding budgets, operating and capital expenses, etc.
• Prepare monthly and quarterly reporting, and if applicable, co-owner reporting.
• Prepare and/or review monthly/annual recovery adjustments including shortfall and over/under accrual analysis.
• Provide Lease Administration with rates per square foot information for annual rental notice updates and perform change analysis for rates.
• Identify and implement a long term strategy of deferred maintenance for the properties.
• Manage internal staff and external consultants in the execution of the deferred maintenance strategic plan.
• Monitor, improve, and amend the capital plan as required.
• Ensure the ongoing marketability of the properties by assuring the properties are top of class aesthetically and operationally.

Job Qualifications:

• Business or Engineering Degree preferred with a RPA or CPM designation
• Minimum 10 years progressive experience in Real Estate Management
• High level communication and negotiating skills with the ability to deal at all levels of management both inside and outside the organization
• Excellent interpersonal skills with the ability to motivate and influence others
• Excellent planning and organizing skills
• Ability to lead and direct others in a team environment
• Analytic characteristics and detail oriented
• Self-motivated and a positive attitude
• Team player, service oriented

Accommodation is available upon request for applicants and colleagues with disabilities.

Choice Properties REIT recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization.

In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.

Number of Openings:

1