Property Portfolio Director

6 hours ago


Vancouver, British Columbia, Canada Third Space Properties Inc. Full time
Job Overview

Third Space Properties Inc. is seeking a highly skilled Property Portfolio Director to lead the operations of its Income-Producing Properties (IPP) portfolio.

Responsibilities
  • Oversee all IPP capital improvements and select tenant improvement projects.
  • Lead daily operations, including property management, building operations, and leasing.
  • Establish and regularly update property operating policies and procedures in alignment with BOMA standards.
  • Evaluate and mitigate building safety risks through regular property risk assessments and fire safety plans.
  • Develop and implement sustainability initiatives aligned with company goals, supported by the Net Zero and Planet Impact team.
Financial Management & Performance
  • Oversight of annual operating and capital budgets, partnering with the Property Accounting team.
  • Setting and tracking IPP performance goals, including revenue growth and expense management.
  • Coordination with external brokers for annual property insurance renewals and lead property assessment evaluations.
Asset Strategy
  • Collaboration with the market intelligence team to identify growth opportunities and manage risk.
Tenant Experience
  • Analyze customer feedback from annual engagement surveys and implement changes to enhance tenant satisfaction.
  • Organize tenant appreciation events and initiatives to build a positive tenant community.
New Project Support
  • Advise the Development team on project design, including suite layouts, building systems, and common area requirements.
  • Participate in development planning to ensure smooth project transitions from construction to operation.
  • Prepare proforma operating budgets for new projects and oversee the handover of completed projects to Asset Management.
Requirements
  • 7+ years of experience in property management, with an emphasis on managing complex portfolios.
  • ~5+ years of experience specifically managing residential properties.
  • Proficiency with Yardi and other property technology platforms.
  • A Bachelor's Degree in business or a related field; RPA, CPM are an asset.
  • Strong leadership and team management skills with a demonstrated ability to mentor, motivate, and develop team members.
About Third Space Properties Inc.

Third Space Properties Inc. is a Vancouver-based landowner and real estate developer committed to social and environmental impact. We're driven by our 'Triple Ps' – People, Planet, and Profit – and focus on meaningful contributions to Vancouver through sustainable practices, below-market housing, and maximizing occupancy in income-producing properties. Our goal is to achieve net-zero environmental impact while growing our Income-Producing Properties (IPP) portfolio, which boasts an impressive 99% occupancy rate.

Compensation Package

We offer a competitive compensation package, estimated at $120,000 - $160,000 per annum, depending on qualifications and experience.



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