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What is a commercial property manager and how to become one
Commercial property managers oversee the day-to-day operations of buildings and complexes, such as malls or office parks. Their duties typically include collecting rent, negotiating leases, and supervising cleaning and maintenance activities.
Educational requirements for commercial property managers can range from a high school diploma to a master's degree level in business or public administration, finance, or real estate management, among other fields of study. Also, they must possess good communication and customer skills; knowledge of building and legal codes is essential; multitasking and organizational abilities are also important.
Professionals employed in the commercial property manager position might earn median annual salaries of $60,479 or $29.08 per hour.
Avg. Salary $61,361
Avg. Salary $59,228
Growth rate 3%
Growth rate 0.3%
American Indian and Alaska Native 0.59%
Asian 5.22%
Black or African American 8.45%
Hispanic or Latino 17.39%
Unknown 4.12%
White 64.22%
Genderfemale 60.18%
male 39.82%
Age - 49American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 49Stress level is high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is fair
6.4 - fair
Commercial property manager career paths
Key steps to become a commercial property manager
Explore commercial property manager education requirements
Start to develop specific commercial property manager skills
Skills Percentages Property Management 12.37% Real Estate 11.43% Portfolio 8.91% Commercial Property 6.72% Yardi 5.13% Complete relevant commercial property manager training and internships
Accountants spend an average of 3-6 months on post-employment, on-the-job training. New commercial property managers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a commercial property manager based on U.S. Bureau of Labor Statistics data and data from real commercial property manager resumes.Gain additional commercial property manager certifications
More About CertificationsCommercial property manager certifications can show employers you have a baseline of knowledge expected for the position. Certifications can also make you a more competitive candidate. Even if employers don't require a specific commercial property manager certification, having one may help you stand out relative to other applicants.
The most common certifications for commercial property managers include Certified Property Manager (CPM) and Certified Practice Manager (CPM).
Research commercial property manager duties and responsibilities
- Manage vendors including developing key performance indicators plus RFP and provider selection.
- Manage segment's treasury function including equity forecasting and investment requests as well as lender relations in a difficult banking environment.
- Train entire company on new software OneSite from old version of YARDI.
- Employ contractors to repair and maintain the building, plumbing, electrical, HVAC and operating equipment.
Prepare your commercial property manager resume
When your background is strong enough, you can start writing your commercial property manager resume.
You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a commercial property manager resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.
Choose from 10+ customizable commercial property manager resume templates
Build a professional commercial property manager resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your commercial property manager resume.
Apply for commercial property manager jobs
Now it's time to start searching for a commercial property manager job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
How did you land your first commercial property manager job
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Average commercial property manager salary
The average commercial property manager salary in the United States is $61,361 per year or $30 per hour. Commercial property manager salaries range between $36,000 and $103,000 per year.
What am I worth?
How do commercial property managers rate their job?
Commercial property manager reviews
I believe that as a property manager you are trusted with one of the most intimate areas of a persons life!… their home! That’s one heck of a responsibility because , at the end of the day everything starts and ends with home!
The only thing I don’t like about working in the property management field is having to turn people away or add them to a waitlist. The demand/need for affordable quality housing is so great… it’s nearly impossible to assist everyone you meet because the demand far exceeds the supply. That is so frustrating and leaves me feeling like I’ve let people down when I don’t have anything available. Sometimes hearing the desperation in their voices gets to me and I find myself upset when I am unable yo help them.
Working with people and providing 4 star service. Great opportunity to prove your leadership skills running a large scale operation.
If you are not a people person, don't like long hours, or keeping calm in stressful situations, this job is not for you.
Occasionally having to fight owner to buy the appropriate matereals when he’d prefer to save $ on it some stuff just has to be done correctly .
Updated January 8, 2025
