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Commercial property manager vs leasing manager

The differences between commercial property managers and leasing 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 leasing manager. Additionally, a commercial property manager has an average salary of $61,361, which is higher than the $47,633 average annual salary of a leasing manager.

The top three skills for a commercial property manager include property management, real estate and portfolio. The most important skills for a leasing manager are customer service, resident retention, and real estate.

Commercial property manager vs leasing manager overview

Commercial Property ManagerLeasing Manager
Yearly salary$61,361$47,633
Hourly rate$29.50$22.90
Growth rate3%3%
Number of jobs42,36916,376
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 60%
Average age4848
Years of experience66

What does a commercial property manager do?

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.

What does a leasing manager do?

A leasing manager is responsible for processing the lease requirements of multiple properties for potential renters and ensuring that all documents are filed accurately, following the standards of property management and clients' qualifications. Leasing managers develop marketing campaigns to advertise leasing properties through media relations and posting on social media platforms. They respond to the potential renters' inquiries and concerns, negotiate contract agreements, inspect the property's location for safety and security, and conduct regular reviews of monetary requirements.

Commercial property manager vs leasing manager salary

Commercial property managers and leasing managers have different pay scales, as shown below.

Commercial Property ManagerLeasing Manager
Average salary$61,361$47,633
Salary rangeBetween $36,000 And $103,000Between $30,000 And $75,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying stateCaliforniaNew York
Best paying companyWestern Alliance BankMeta
Best paying industryNon ProfitsFinance

Differences between commercial property manager and leasing manager education

There are a few differences between a commercial property manager and a leasing manager in terms of educational background:

Commercial Property ManagerLeasing Manager
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Commercial property manager vs leasing manager demographics

Here are the differences between commercial property managers' and leasing managers' demographics:

Commercial Property ManagerLeasing Manager
Average age4848
Gender ratioMale, 39.8% Female, 60.2%Male, 38.2% Female, 61.8%
Race ratioBlack 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, 8.4% Unknown, 4.1% Hispanic or Latino, 17.3% Asian, 5.2% White, 64.3% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between commercial property manager and leasing manager duties and responsibilities

Commercial property manager example 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.
  • Lease vacant commercial space, prepare lease and abstract, bill monthly rents, input data into Yardi.
  • Perform a variety of maintenance and construction duties involving 21 HVAC systems, plumbing, electrical and structural building and maintenance.
  • Show more

Leasing manager example responsibilities.

  • Post on Craigslist, manage and maintain insurance, pest control, and electric accounts for all residents.
  • Prepare all NYCHA & HPD S8 application packages for quick transition.
  • Prepare files for HPD and HDC approval of low/moderate income applicants.
  • Screen prospective residents and guarantors in OneSite for passing background and credit score reports.
  • Work with a completely paper-less system utilizing all features of the newest OneSite operating system.
  • Perform database management using Yardi.
  • Show more

Commercial property manager vs leasing manager skills

Common commercial property manager skills
  • Property Management, 12%
  • Real Estate, 11%
  • Portfolio, 9%
  • Commercial Property, 7%
  • Yardi, 5%
  • Cam, 5%
Common leasing manager skills
  • Customer Service, 24%
  • Resident Retention, 11%
  • Real Estate, 10%
  • Property Management, 8%
  • Resident Relations, 7%
  • Yardi, 5%

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