Property Manager

Boston Properties

$117K — $193K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS degree required, preferably in business administration or real estate.
  • Minimum 5 years of property management experience, with Class A commercial office preferred.
  • Preferred certifications: Real Property Administrator (RPA) and/or Certified Property Manager (CPM).
  • Desirable: Continuing education towards LEED certification.
  • Knowledge of local building, fire codes and various building systems (HVAC, electrical, plumbing).
  • Strong organizational and leadership abilities with excellent communication skills.
  • Proficiency in Microsoft Office and a willingness to adapt to new property technologies.

Responsibilities

  • Manage property operations to enhance long-term value and oversee daily management activities.
  • Develop, implement, and monitor annual operating and CapEx budgets to align with NOI goals.
  • Negotiate and administer contracts, participating in RFPs and vendor selection processes.
  • Cultivate strong relationships with tenants and local community to ensure satisfaction and service delivery.
  • Oversee tenant construction activities and ensure compliance with documentation requirements.
  • Lead property team, providing mentorship and establishing strategic goals and assignments.
  • Spearhead sustainability initiatives including energy management and recycling efforts.

Benefits

  • Comprehensive health and dental coverage
  • Retirement savings plan with competitive company match
  • Backup childcare services
  • Educational assistance for professional development
  • Generous commuter transit subsidy
  • Employee support programs for well-being
  • Annual discretionary bonus opportunities.
Full Job Description
Job Description

Primary Purpose of Position:

Manage the property/portfolio to enhance long-term value. Manage and provide day-to-day direction and supervision related to general operations and maintenance, life safety and security, loss prevention, tenant relations, landscaping, tenant construction and parking facilities.

Essential Functions:

Operations
  • Develop the annual operating and CapEx budgets and implement the business plan, ensuring net operating income (NOI) goals are met, at the property level including formulating and submitting quarterly accruals, budget reforecasts, providing explanations for variances and any required financial reporting.
  • Manage and oversee CapEx projects in assigned properties as required.
  • Solicit, negotiate and administer service contracts as required. Participate in regionwide and/or multi-building RFPs and bidding processes.
  • Review and authorize purchase orders and payments to vendors in accordance with company policy.
  • Assist in fee revenue pursuit and generation (i.e. parking opportunities, amenity space monetization, and miscellaneous license fees)


Tenant Relations
  • Develop and maintain strong business relationships with tenants, vendors and the local business community.
  • Actively participate in the collections process by regularly communicating with tenants and appropriate regional staff, providing support as required.
  • Maintain frequent contact with tenants focusing on improving service delivery and client satisfaction.
  • Review tenant alteration plans prior to commencement of work and confirm all required documentation is obtained.
  • Provide additional services to tenants and enhance work order revenue.
  • Regularly inspect tenant spaces, mechanical areas, grounds and common areas of the property.


General
  • Provide leadership, mentorship and direction, develop strategic goals, assign work, and training to broader property team.
  • Maintain familiarity with all sections of leases related to operating provisions, services/additional services, expenses, tenants use and landlords obligations.
  • Engage contractors with sufficient technical expertise to service the property in accordance with lease requirements and company standards.
  • Meet regularly with cleaning, maintenance and security contractors to review quality of work and adherence to contract specifications.
  • Oversee timely execution of the BP Loss Control Program and Emergency Response Planning. Ensure employees are trained, drilled and materials are updated periodically.
  • Investigate and report all accidents/property damage to appropriate management and authorities.
  • Manage property level sustainability program including: energy management, recycling, and conservation efforts.
  • Assist BP Leasing Group as required including conducting leasing tours.
  • Monitor the status of vendor's insurance certificate requirements.
  • Maintain a working knowledge of Company databases and informational/reporting tools.
  • Attend and participate in BOMA and industry related meetings and events.
  • Perform other duties as assigned.


Region/Building Specific Functions:
  • Perform other duties and special projects as assigned.


Requirements and Qualifications:
  • BA/BS degree required. A concentration in business administration or real estate related field preferred.
  • A minimum of 5 years of property management experience required. Prior Class A commercial office property management experience and familiarity with operating a multi-tenant office building strongly desired.
  • Certification as Real Property Administrator (RPAâ) and/or Certified Property Manager (CPMâ) preferred.
  • Continuing education toward LEED certification highly desirable.
  • Working knowledge of local building and fire codes.
  • Working knowledge of all building systems including but not limited to HVAC, electrical, plumbing, and vertical transportation.
  • Working knowledge of security and life safety protocols.
  • Ability to work autonomously and also as a productive member of a team.
  • Ability to organize and coordinate work efficiently, set priorities, and motivate others to do the same.
  • Ability to work in a fast paced environment and deal effectively with multiple, simultaneous deadlines and projects.
  • Excellent written and oral communication skills.
  • Excellent interpersonal skills.
  • Excellent problem solving skills and use of resources.
  • Proficiency with Microsoft Office Applications.
  • Willingness to learn and adapt to latest property technologies and tools.
  • Flexibility with schedule.


Physical Requirements:
  • Involves work of a general office nature usually performed sitting such as operation of a computer.
  • Involves work of a general office nature usually performed standing such as operation of a fax and printer.
  • Involves work such as tours throughout property portfolio usually performed by walking and by climbing stairs.
  • Involves movement between departments to facilitate work.
  • Regularly required to bend and reach.
  • Regularly use hands and fingers to write and type.
  • Regularly required to talk and hear.
  • Occasionally required to crouch, climb stairs and ladders and in environments with temperature ranges both while working outside and inside.
  • Occasionally exposed to vibration or noise as well as dust.
  • Vision abilities allowing reading of printed material, graphics, computer displays and physical inspections of properties and sites.


Internal and External Contacts:

This position interacts extensively with all levels of employees within Boston Properties, with tenants and the public.

Reporting Structure:

This position reports directly to the head of Property Management, a Regional Property Manager or a Senior Property Manager who provides supervision, guidance and evaluates work performance on a periodic basis.

Salary Range:

$117,700 - $193,045. BXP offers a competitive total rewards package including base salary and annual discretionary bonus. The range represents expected base salary; compensation will be determined based on role, skills, experience, qualifications, location, and other job-related factors. Our comprehensive benefits include medical and dental coverage, a retirement savings plan with competitive company match, backup childcare, educational assistance, employee support programs, a generous commuter transit subsidy and more.

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