01 Nov
|
Farm Boy
|
Richmond Hill
01 Nov
Farm Boy
Richmond Hill
Property Manager – Industrial & Retail Portfolio
Compensation: Competitive Base Salary + Performance Bonus, vehicle allowance, RRSP Matching & Comprehensive Benefits
About the Prospect
Canterra Executive Search is partnering with one of Toronto’s leading real estate developers and owner-operators to identify an experienced Property Manager Industrial & Retail for an established portfolio of commercial properties throughout the Greater Toronto Area.
This is an excellent opportunity for an accomplished commercial property management professional to join a highly respected, vertically integrated real estate organization with an extensive portfolio and more than 70 years of experience in the Greater Toronto Area.
The successful candidate will assume responsibility for a diverse portfolio of industrial and retail properties, with significant autonomy over day-to-day operations, financial performance, capital improvements, tenant relationships, and overall property management.
Working closely with senior leadership, this position offers the opportunity to make a meaningful impact within an established and growing commercial real estate organization.
The Role
Reporting to the General Manager, the Property Manager will oversee the operational and financial management of an established commercial real estate portfolio consisting of approximately 1 million square feet of industrial space and 160,000 square feet of retail space across a portfolio of 20 plus properties.
Based at the company’s North York head office, the successful candidate will oversee properties throughout the GTA, ensuring operational excellence, strong tenant relationships, effective financial management,
and the long-term preservation and enhancement of asset value.
This is a hands‑on management opportunity requiring a commercially‑minded professional who can independently manage multiple properties while collaborating with internal departments, tenants, contractors, and senior leadership.
Key Responsibilities
- Oversee the day-to-day operational management of an assigned portfolio of industrial and retail properties throughout the GTA.
- Develop and maintain strong relationships with commercial tenants, ensuring a high standard of service and responsiveness.
- Prepare, administer, and monitor annual operating budgets, financial reports, and expense forecasts.
- Monitor property financial performance, operating expenses, and budget variances while identifying opportunities for cost efficiencies.
- Coordinate and oversee building maintenance, repairs, preventative maintenance programs, and property inspections.
- Manage contractors, vendors, and third-party service providers, including contract negotiations and performance monitoring.
- Oversee capital improvement projects, building upgrades, and major repairs to ensure timely and cost-effective execution.
- Administer commercial lease obligations and coordinate tenant-related matters,
including lease compliance and operational requirements.
- Ensure properties comply with applicable building regulations, health and safety legislation, and operational standards.
- Work collaboratively with accounting, leasing, construction, and other internal departments to support portfolio objectives.
- Provide regular operational and financial updates to the General Manager and senior leadership.
- Identify opportunities to improve property performance, tenant satisfaction, operational efficiency, and long-term asset value.
What We’re Looking For
- 7+ years of progressive commercial property management experience, with a strong background managing industrial, commercial and/or retail properties.
- Demonstrated experience overseeing multiple commercial properties within a diverse portfolio.
- Strong financial management capabilities, including budgeting, operating expenses, financial reporting, and cost control.
- Experience managing capital improvement projects, building maintenance programs, and third-party contractors.
- Strong understanding of commercial lease administration, tenant relations, and property operations.
- Working knowledge of Ontario’s Occupational Health and Safety Act (OHSA) and applicable building regulations.
- Excellent communication, negotiation, organizational, and relationship-management skills.
- Proven ability to work independently, manage competing priorities, and take ownership of portfolio performance.
- Post‑secondary degree in business, real estate, property management, or a related discipline.
- Professional commercial property management designatio
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