Job Description

Job Description

Job Description

Position Summary

The Commercial Real Estate Property & Transactions Manager is responsible for overseeing the operational performance of a portfolio of commercial properties while managing real estate transactions including acquisitions, dispositions, leases, renewals, and amendments. This role serves as a key liaison between ownership, tenants, brokers, legal counsel, and internal stakeholders to ensure properties are operated efficiently and transactions are executed strategically and in alignment with business objectives.

Key Responsibilities

Property Management & Operations

• Oversee day-to-day management of a portfolio of commercial properties, ensuring high standards of maintenance, tenant satisfaction, and regulatory compliance
• Manage third-party property managers, vendors, and service providers, including contract negotiation and performance oversight
• Review and approve operating budgets, CAM reconciliations, and capital expenditure plans
• Monitor property financial performance, rent collections, expense controls, and variance reporting
• Coordinate capital improvements, tenant improvements, and major maintenance projects

Leasing & Transactions

• Lead and manage real estate transactions including acquisitions, dispositions, leases, renewals, extensions, assignments, and amendments
• Collaborate with brokers, attorneys, and internal teams to negotiate lease terms and transaction documents
• Conduct financial analysis, market research, and due diligence for proposed transactions
• Manage transaction timelines, approvals, and closings to ensure deadlines are met
• Maintain accurate lease abstracts and transaction records

Tenant & Stakeholder Relations

• Serve as primary point of contact for tenants regarding lease obligations, escalations, and operational issues
• Support tenant retention strategies and resolve disputes in a timely and professional manner
• Prepare and present reports and recommendations to senior leadership

Compliance & Reporting

• Ensure compliance with lease terms, insurance requirements, and local/state regulations
• Maintain accurate property, lease, and transaction data in internal systems
• Prepare executive summaries, dashboards, and ad hoc reports as needed

Qualifications

Required

• Bachelor’s degree in Real Estate, Business, Finance, or a related field
• 5+ years of experience in commercial real estate property management and/or transactions
• Strong understanding of commercial leases, financial analysis, and real estate operations
• Proven experience managing multiple projects and deadlines simultaneously
• Proficiency with Microsoft Excel and real estate management software (e.g., Yardi, MRI, Argus, or similar)
• Excellent customer service, negotiation, communication, and organizational skills

Preferred

• Experience with acquisitions and dispositions
• CPM, RPA, CCIM, or similar professional designation
• Experience managing office, industrial, retail, or mixed-use assets
• Familiarity with capital planning and construction management

Key Competencies

• Strategic thinking and problem-solving
• Financial acumen and analytical skills
• Attention to detail and accuracy
• Relationship management and collaboration
• Ability to work independently and as part of a team

Compensation & Benefits

• Competitive salary commensurate with experience
• Annual bonus potential
• Comprehensive health, dental, and vision benefits
• Retirement plan with employer contribution
• Paid time off and holidays
• Professional development opportunities

Equal Opportunity Statement

University Real Estate LLC is an equal opportunity employer and is committed to creating an inclusive workplace. We celebrate diversity and do not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

 

Company Description

University Real Estate LLC is a mission-driven, nonprofit real estate organization that develops, manages, and stewards real estate assets on behalf of the University of Utah. Our work sits at the intersection of real estate innovation, public purpose, and long-term value creation.

We lead complex, high-impact development projects that support the University’s academic, research, healthcare, and community objectives—shaping places where education, discovery, and economic vitality thrive. Our portfolio spans mixed-use developments, institutional facilities, and public–private partnerships, offering exposure to projects that are both financially sophisticated and deeply meaningful.

This is an organization where real estate professionals have the rare opportunity to work on transformational projects, collaborate with senior university and community leaders, and see their work leave a lasting legacy on campus and beyond.

Company Description

University Real Estate LLC is a mission-driven, nonprofit real estate organization that develops, manages, and stewards real estate assets on behalf of the University of Utah. Our work sits at the intersection of real estate innovation, public purpose, and long-term value creation.\r\n\r\nWe lead complex, high-impact development projects that support the University’s academic, research, healthcare, and community objectives—shaping places where education, discovery, and economic vitality thrive. Our portfolio spans mixed-use developments, institutional facilities, and public–private partnerships, offering exposure to projects that are both financially sophisticated and deeply meaningful.\r\n\r\nThis is an organization where real estate professionals have the rare opportunity to work on transformational projects, collaborate with senior university and community leaders, and see their work leave a lasting legacy on campus and beyond.

Job Tags

Contract work, Work at office, Local area,

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