Job Abstract

Job ID

2024-1759

# of Openings

1

Category

Property Management

Federal Realty is a proven leader in the ownership, operation, development and redevelopment of premium retail real estate in the country's best markets. We consider ourselves one of the most innovative and dynamic real estate companies with which one can work. Interested candidates who research Federal Realty will learn about our high-quality community shopping center and mixed-use property portfolio. While Federal Realty is one of the largest publicly traded real estate investment trusts in the country, as measured by the value of our assets, we function and operate more like a small company. Team members with initiative and proven ability get involved in many facets of executing Federal’s business plan. We encourage you to follow Federal Realty Investment Trust on LinkedIn.

Federal Realty is sourcing for an experienced Property Manager to be based in Gainesville, Virginia. The Property Manager will partner with the General Manager to support and assist in the day-to-day operation of a portfolio of complex retail properties that encompasses 1.3 million square feet, over 120 retailers, two HOAs, and easements to manage. The Property Manager will have the opportunity to utilize their experience to maximize the productivity and profitability of the assigned portfolio while maintaining the highest level of corporate standards. The Property Manager will supervise the in-house and contracted departments to ensure property goals are achieved. This role reports to the General Manager.

• Partner with the General Manager to lead and manage property personnel including the Property Engineer, as assigned, as well as vendors
• Manage day to day operations in the assigned portfolio, including but not limited to facility maintenance and preventative maintenance programs, parking operations, landscaping, trash removal, contracted janitorial services, contracted security services, plumbing, roof, physical plant, and energy management systems
• Enhance and elevate the consumer experience through regular assessments of the property condition. Ensure issues are addressed immediately, and expectations are met
• Identify and recommend capital projects. Manage capital projects from bidding through final payment
• Develop and maintain positive retail tenant relations by meeting with tenants on a regular basis. Resolve tenant issues that occur and serve as the primary point of contact for all merchant daily operating needs including general maintenance, lease issues, trash concerns and parking management
• Read and interpret engineering and architectural drawings and schematic diagrams, as needed
• Prepare the annual operating budget and quarterly budget reforecast reports for the properties, and manage operating expenses, within or below budgeted levels. Work with property accountants to prepare monthly variance reports and finance team to forecast property level cash flows accurately for corporate planning and analysis
• Manage invoice processing, coding, and payment ensuring invoices are paid on time
• Collaborate and establish strong working relationships with key stakeholders such as Tenant Coordination to expedite completion of landlord work and delivery of spaces to tenants
• Be a point of contact for afterhours calls, questions, and emergencies
• Completion of special projects as assigned by the General Manage

• 5+ years of direct retail property management experience as a Property Manager or Assistant Property Manager
• Bachelor's degree; Real Property Administrator or Certified Property Manager designation preferred
• Experience overseeing capital improvement projects and expenditures
• Excellent knowledge of leases and financial statements and solid experience budgeting, monitoring expenses, and processing account payables
• Leadership and team-building skills with a proven track record of successfully managing in-house employees and effectively influencing external stakeholders, contractors, and vendors
• Ability to effectively prioritize tasks and move seamlessly between projects as the situation requires in a fast paced, deadline-driven environment
• Demonstrated ability to analyze, evaluate and act on issues and/or problems, reach sound conclusions through critical thinking, and take appropriate action
• Excellent communication skills, written, verbal, and interpersonal, with the proven ability to convey ideas and manage a diverse group of stakeholders including tenants and contracted service personnel
• Demonstrated ability to provide excellent customer service and a desire to contribute to a successful team
• Excellent computer skills required with demonstrated proficiency in Microsoft Outlook, Excel, and Word; knowledge of JDE and Nexus a plus but not required
• Ability to work beyond a 9am-5pm environment

Federal Realty Investment Trust is an Equal Opportunity / Affirmative Action employer. Federal values a diverse workforce and is committed to providing equal employment and advancement opportunities to all employees and applicants. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, genetics, sexual orientation, or protected Veteran status.

Federal Realty Investment Trust does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Federal Realty Investment Trust and Federal Realty Investment Trust will not be obligated to pay a placement fee.

If you are unable to submit your application online, please call 301-998-8100.