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The differences between commercial property managers and building managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a commercial property manager and a building manager. Additionally, a building manager has an average salary of $66,595, which is higher than the $61,361 average annual salary of a commercial property manager.
The top three skills for a commercial property manager include property management, real estate and portfolio. The most important skills for a building manager are building maintenance, emergency situations, and HVAC.
| Commercial Property Manager | Building Manager | |
| Yearly salary | $61,361 | $66,595 |
| Hourly rate | $29.50 | $32.02 |
| Growth rate | 3% | 3% |
| Number of jobs | 42,369 | 15,982 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 67% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A commercial property manager is primarily in charge of overseeing the daily operations at commercial properties. They manage all leasing activities and serve as the tenants' point of contact. Their responsibilities include preparing and processing documents, answering inquiries and correspondence, supervising the property staff, and developing strategies to optimize operations. There are also instances where they must collect and process payments. Furthermore, as a manager, it is their duty to handle issues and concerns, resolving them promptly and efficiently.
Building managers are executives who oversee the maintenance and safety of properties and make sure that these properties comply with the organization's goals. The managers coordinate and manage the safety, security, and maintenance of the general building. They are tasked to supervise janitorial staff in cleaning the building. It is their responsibility to keep organized and clear records related to security issues and occupant complaints. They should be equipped with organizational skills, attention to detail, and communication skills.
Commercial property managers and building managers have different pay scales, as shown below.
| Commercial Property Manager | Building Manager | |
| Average salary | $61,361 | $66,595 |
| Salary range | Between $36,000 And $103,000 | Between $37,000 And $117,000 |
| Highest paying City | San Francisco, CA | Cambridge, MA |
| Highest paying state | California | Connecticut |
| Best paying company | Western Alliance Bank | Apple |
| Best paying industry | Non Profits | Real Estate |
There are a few differences between a commercial property manager and a building manager in terms of educational background:
| Commercial Property Manager | Building Manager | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between commercial property managers' and building managers' demographics:
| Commercial Property Manager | Building Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 39.8% Female, 60.2% | Male, 65.9% Female, 34.1% |
| Race ratio | Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.4% Asian, 5.2% White, 64.2% American Indian and Alaska Native, 0.6% | Black or African American, 8.6% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 5.3% White, 63.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |