Commercial Retail Property Manager
Direct Hire; $110K base salary
Modesta, CA 95350
Location: Central/Northern California (Modesto, Carson City, Burbank)
Type: Full-Time, On-Site
Travel: Required; reimbursed per company policy
Reports to: Director of Property Management & Asset Manager
Direct Reports: None initially; future oversight of APM and maintenance team
License: CA Real Estate License preferred, not required
Position Summary
We are seeking a hands-on, multidimensional Commercial Retail Property Manager (CPM) to oversee a unique portfolio of open-air lifestyle centers and grocery-anchored retail properties totaling approximately 600,000 square feet. The ideal candidate is experienced in managing complex, hybrid-use centers, understands the nuances of legacy assets, and thrives in environments requiring high engagement, strategic planning, and operational creativity.
This is not a hybrid role. Due to the size, geographic spread, and evolving needs of the portfolio, the Property Manager must be present in the field, providing leadership and on-site oversight across Modesto, Carson City, and Burbank.
Key Responsibilities
- Full operational responsibility for a portfolio of retail centers, including a 270,000 sq. ft. flagship property with diverse retail, office, and vacant common areas.
- Partner closely with the Maintenance Supervisor to address deferred maintenance and bring a sense of TLC and renewed vibrancy to underperforming properties.
- Lead the charge on property repositioning strategies—reinvigorating historically underperforming assets and adapting them for modern retail use.
- Serve as the key liaison between ownership and tenants; manage co-tenancy issues, leasing activity coordination, construction oversight, and vendor relationships.
- Develop and manage property budgets, CAM reconciliations, and expense controls.
- Coordinate with the leasing team on merchandising strategies and space planning.
- Monitor and enforce tenant lease compliance and resolve tenant issues with professionalism.
- Travel across the portfolio footprint regularly, with travel expenses fully reimbursed.
Qualifications
- 5+ years of commercial property management experience, ideally in hybrid lifestyle centers, mall operations, and grocery-anchored retail.
- Proven experience with asset repositioning and value-add strategies.
- Strong knowledge of co-tenancy clauses, lease administration, and retail operations.
- Experience working with owner-operated assets and high-touch tenant relations.
- Highly capable of independent field work, with excellent organization and self-direction.
- Working knowledge of construction project oversight, budgeting, and CAM reconciliations.
- Ability to build future team structure, including mentoring APMs and leading maintenance staff.
- Comfortable wearing many hats—from strategic oversight to hands-on property problem-solving.
- CA Real Estate License preferred but not required.
Key Attributes
- Long-term mindset—this is not a stepping-stone role; we’re seeking someone committed to growing within the region and the portfolio.
- Strategic and operationally savvy, with a roll-up-your-sleeves approach.
- Strong communicator with merchandising awareness and tenant mix strategy skills.
- Background in regional centers or mid-market repositioned assets is a major plus.
- Located within reasonable proximity to the Central Valley, Sacramento, or East Bay for manageable travel.