The average salary for a Commercial Property Manager is $63,560.
Commercial Property Manager by
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What Do Commercial Property Managers Do?
Commercial property managers provide support services for the commercial property or properties that they oversee. They usually have a management agreement with the property tenants that list what they are able to assist with and what are the tenants' responsibility. Commercial property managers typically maintain the interior and exterior of the buildings (such as the mowing the yard and painting) , collect rent from the tenants, create and keep documents up to date, and make sure tenants follo…Read more
Commercial Property Manager Tasks
- Track all property information, including tenants, vacancies, rent statements, disbursements, and facility management.
- Market properties, find tenants to fill vacancies, show properties, and update the exteriors.
- Collect rent and track financial data.
- Act as primary contact with all tenants, respond to inquiries, provide estimates, and coordinate moves.
Job Satisfaction for Commercial Property Manager
Popular Employer Salaries for Commercial Property Manager
The top respondents for the job title Commercial Property Manager are from the companies CBRE Group, Colliers International and Cushman & Wakefield, Inc.. Reported salaries are highest at Hines Interests Ltd Partnership where the average pay is $93,350. Other companies that offer high salaries for this role include Jones Lang LaSalle, earning around $82,424. Colliers International pays the lowest at around $50,000. Cushman & Wakefield, Inc. also pays on the lower end of the scale, paying $64,053.
Commercial Property Manager Job Listings
What Are Popular Skills for Commercial Property Managers?
Skills in Property Management, Budget Management, Contract Negotiation and Budgeting are correlated to pay that is above average. Skills that pay less than market rate include Customer Relations.
What is the Pay by Experience Level for Commercial Property Managers?
An entry-level Commercial Property Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $49,664 based on 27 salaries. An early career Commercial Property Manager with 1-4 years of experience earns an average total compensation of $54,728 based on 316 salaries. A mid-career Commercial Property Manager with 5-9 years of experience earns an average total compensation of $63,395 based on 250 salaries. An experienced Commercial Property Manager with 10-19 years of experience earns an average total compensation of $70,083 based on 344 salaries. In their late career (20 years and higher), employees earn an average total compensation of $73,233.
Pay Difference by Location
Employees with Commercial Property Manager in their job title in Seattle, Washington earn an average of 21.2% more than the national average. These job titles also find higher than average salaries in Dallas, Texas (9.1% more) and Los Angeles, California (4.7% more). The lowest salaries can be found in Sacramento, California (17.2% less), San Diego, California (5.4% less) and Houston, Texas (4.9% less).
Years of Experience
This data is based on 1,126 survey responses.