Average Salary
$62,691
Average Salary
Job Growth Rate
7%
Job Growth Rate
Job Openings
24,221
Job Openings

Commercial Property Manager Careers

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.

There is more than meets the eye when it comes to being a commercial property manager. For example, did you know that they make an average of $30.14 an hour? That's $62,691 a year!

Between 2018 and 2028, the career is expected to grow 7% and produce 26,500 job opportunities across the U.S.

What Does a Commercial Property Manager Do

There are certain skills that many commercial property managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, customer-service skills and interpersonal skills.

When it comes to the most important skills required to be a commercial property manager, we found that a lot of resumes listed 11.7% of commercial property managers included property management, while 10.3% of resumes included real estate, and 8.0% of resumes included portfolio. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the commercial property manager job title. But what industry to start with? Most commercial property managers actually find jobs in the real estate and finance industries.

How To Become a Commercial Property Manager

If you're interested in becoming a commercial property manager, one of the first things to consider is how much education you need. We've determined that 64.6% of commercial property managers have a bachelor's degree. In terms of higher education levels, we found that 6.3% of commercial property managers have master's degrees. Even though most commercial property managers have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a commercial property manager. When we researched the most common majors for a commercial property manager, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on commercial property manager resumes include master's degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a commercial property manager. In fact, many commercial property manager jobs require experience in a role such as property manager. Meanwhile, many commercial property managers also have previous career experience in roles such as assistant property manager or administrative assistant.

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Average Salary
$62,691
Average Salary
Job Growth Rate
7%
Job Growth Rate
Job Openings
24,221
Job Openings

Commercial Property Manager Career Paths

Top Careers Before Commercial Property Manager

Top Careers After Commercial Property Manager

Commercial Property Manager Jobs You Might Like

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Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Commercial Property Manager

Commercial Property Managers in America make an average salary of $62,691 per year or $30 per hour. The top 10 percent makes over $85,000 per year, while the bottom 10 percent under $45,000 per year.
Average Salary
$62,691
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Best Paying Cities For Commercial Property Managers

City
ascdesc
Average Salarydesc
New York, NY
Salary Range77k - 140k$104k$103,955
Richmond, VA
Salary Range63k - 117k$87k$86,795
Washington, DC
Salary Range61k - 113k$83k$83,472
Charlotte, NC
Salary Range47k - 89k$65k$65,478
Fresno, CA
Salary Range41k - 99k$64k$64,205
Dallas, TX
Salary Range42k - 90k$62k$61,930
Marietta, GA
Salary Range44k - 85k$62k$61,652
Tucson, AZ
Salary Range38k - 89k$59k$58,637
Chattanooga, TN
Salary Range41k - 80k$58k$58,015
Miami, FL
Salary Range43k - 76k$58k$57,662
Minneapolis, MN
Salary Range41k - 79k$57k$57,438
Las Vegas, NV
Salary Range36k - 85k$55k$55,426
$36k
$140k

Recently Added Salaries

CompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Commercial Property Manager
XXX
07/09/2021
$70,00007/09/2021
Assistant Commercial Property Manager
Express Employment Professionals-San Rafael
07/08/2021
$41,74007/08/2021
Commercial Property Manager
Lincoln Property Company/Schlitz Park
07/07/2021
$51,00007/07/2021
Maintenance for Commercial and Residential Properties |
Aventure Staffing
05/26/2021
$35,47905/26/2021
Maintenance for Commercial and Residential Properties |
Aventure Staffing
05/25/2021
$35,47905/25/2021
See More Recent Salaries

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Commercial Property Manager Demographics

Gender

female

55.5 %

male

38.5 %

unknown

6.0 %

Ethnicity

White

67.2 %

Hispanic or Latino

16.5 %

Black or African American

8.4 %

Foreign Languages Spoken

Spanish

48.6 %

Chinese

5.4 %

Vietnamese

5.4 %
Show More Commercial Property Manager Demographics

Commercial Property Manager Education

Majors

Business
38.6 %

Degrees

Bachelors

64.6 %

Associate

18.7 %

Masters

6.3 %

Top Colleges for Commercial Property Managers

1. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

4. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

5. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

6. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

9. Arizona State University

Tempe, AZ • Private

In-State Tuition
$10,822
Enrollment
42,529

10. Harvard University

Cambridge, MA • Private

In-State Tuition
$50,420
Enrollment
7,582
Show More Commercial Property Manager Education Requirements

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Property Management 101
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Top Skills For a Commercial Property Manager

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 11.7% of commercial property managers listed property management on their resume, but soft skills such as communication skills and customer-service skills are important as well.

Best States For a Commercial Property Manager

Some places are better than others when it comes to starting a career as a commercial property manager. The best states for people in this position are New York, New Jersey, Virginia, and Massachusetts. Commercial property managers make the most in New York with an average salary of $103,219. Whereas in New Jersey and Virginia, they would average $89,117 and $87,599, respectively. While commercial property managers would only make an average of $84,906 in Massachusetts, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New York

Total Commercial Property Manager Jobs:
1,260
Highest 10% Earn:
$175,000
Location Quotient:
1.17
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. New Jersey

Total Commercial Property Manager Jobs:
674
Highest 10% Earn:
$154,000
Location Quotient:
1.01
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. District of Columbia

Total Commercial Property Manager Jobs:
189
Highest 10% Earn:
$147,000
Location Quotient:
1.34
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Commercial Property Managers

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Top Commercial Property Manager Employers

1. Robert Half International
4.5
Avg. Salary: 
$59,986
Commercial Property Managers Hired: 
14+
2. Boxer Property Management
4.2
Avg. Salary: 
$54,878
Commercial Property Managers Hired: 
12+
3. Grubb & Ellis Company
4.8
Avg. Salary: 
$49,015
Commercial Property Managers Hired: 
9+
4. Colliers International
4.5
Avg. Salary: 
$61,903
Commercial Property Managers Hired: 
8+
5. Nationwide Mutual Insurance ...
4.7
Avg. Salary: 
$61,843
Commercial Property Managers Hired: 
8+
6. Sansone Group
3.8
Avg. Salary: 
$63,993
Commercial Property Managers Hired: 
7+

Commercial Property Manager Videos

Updated August 18, 2021