Industrial Associate Property Manager

As a leading force in the real estate industry in Texas, Welcome Group combines more than a century of experience in commercial real estate with a strategic focus on the development and acquisition of industrial assets across key U.S. growth markets. Our portfolio includes manufacturing, laboratory, distribution, and other specialized facilities, with a focus on properties that play a meaningful role in how tenants operate their businesses. As a vertically integrated real estate platform, our expertise spans acquisitions, development, construction, leasing, asset management, and long-term ownership, with particular strength in structuring, negotiating, and executing complex transactions.

The Industrial Associate Property Manager operates under direct supervision of the Senior Property Manager and is responsible for the day-to-day management, long-term performance, and value preservation of an owner-operated portfolio of single-tenant, manufacturing-oriented industrial properties located primarily in Texas. Assets are predominantly crane-served, heavy industrial facilities leased on a triple-net (NNN) basis. Acts as a representative of ownership with accountability for operations, financial oversight, and asset stewardship. This role is intentionally structured for an early-career professional operating under close supervision. As skills, judgment, and adaptability develop, high performers will gain increasing autonomy over assigned assets and a clear path toward Property Manager-level responsibility.

Asset & Owner Representation

• Operate as an extension of ownership with a long‑term hold and capital preservation mindset.
• Provide regular, concise reporting and recommendations to principals.
• Support acquisitions, refinancing, and dispositions through due diligence and asset analysis.

Lease & Tenant Management (NNN)

• Primary point of contact for industrial and manufacturing tenants.
• Administer and enforce single‑tenant NNN leases, ensuring compliance with:
• Maintenance and repair obligations
• Insurance compliance and documentation.
• Property tax administration
• Permitted use and operational restrictions
• Coordinate lease renewals, amendments, and expansions with ownership.

Industrial Operations Oversight

• Oversee building condition and performance, including:
• Overhead cranes and crane runway systems
• Heavy‑power electrical infrastructure
• HVAC, plumbing, sewage systems, detention, ventilation, and manufacturing support systems
• Structural steel, slabs, foundations, dock equipment, and yards
• Conduct regular site inspections focused on Landlord obligations, building maintenance, lease compliance, capital improvements, tenant relations..
• Maintain organized records, drawings, warranties, and inspection documentation.

Financial Oversight

• Prepare annual operating budgets and multi‑year capital plans.
• Review operating statements, rent collections, and tenant reimbursements.
• Support oversight of insurance coverage and risk exposure specific to Texas industrial assets escalating concerns to senior colleagues as needed.

Capital Planning & Projects

• Assist in planning and managing capital improvements (roofs, slabs, cranes, electrical, site work) under direct supervision.
• Coordinate tenants, contractors, and consultants, with senior oversight of all scopes, contracts, and proposals.
• Evaluate functional life of building components and capital planning.

Compliance, Risk & Safety

• Ensure compliance with applicable local, state, and federal requirements.
• Monitor safety and OSHA-related considerations; escalate issues promptly to a supervisor for resolution.
• Manage casualty events, claims, and remediation efforts.

Required:

• High school diploma or equivalent (Associate’s or Bachelor’s degree preferred).
• 2-4 years of industrial property or asset management experience.
• Strong background with single tenant NNN industrial assets.
• Yardi proficiency.
• Financial proficiency with budgets, operating statements, and capital planning.
• Independent judgment, accountability, and strong owner operator mindset.
• Proficiency in Microsoft Office (Outlook, Word, Excel).
• Strong organizational skills with excellent attention to detail.
• Professional communication and customer service mindset.
• Strong time management and follow-through.
• Discretion in handling confidential information.

Preferred:

• Experience in commercial or industrial real estate.
• Familiarity with property management software (e.g., Yardi, MRI, or similar systems).
• Strong written and verbal communication skills.
• Ability to manage multiple priorities and meet deadlines.
• Collaborative, team-oriented approach.

Physical Requirements and Working Conditions:

• Prolonged periods sitting or standing at a desk and working on a computer.
• Must be able to lift up to 15 pounds at times.
• Mix of office‑based work and on‑site inspections in active industrial settings.
• Periodic travel within Texas as required by the portfolio.

• On-site, Houston, TX.
• Competitive Compensation.
• Competitive PTO.

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