General Manager, Pike & Rose Retail

About the role

Federal Realty Investment Trust is seeking an experienced real estate management professional to act as General Manager for Pike & Rose retail, a complex mixed-use property in North Bethesda, Maryland. The role provides support and direction for day-to-day operations and oversees the in-house and contracted departments so that property goals are achieved.

Key responsibilities

• Manage day-to-day operations of the development, keeping the property up to Federal's standards through routine site and safety inspections.
• Manage property personnel such as the Administrative Assistant and Engineers, and oversee facility maintenance, landscaping, janitorial and security services, and mechanical, life safety and energy systems.
• Oversee parking operations (tenant, visitor and special event) together with the Senior Property Manager-Office.
• Help attain budgeted revenue, operating expense, NOI and cash flow goals by reviewing financial statements and working with Accounting/Finance.
• Manage the HOA and REA agreements, identify and recommend capital projects, and oversee contractors and vendors from bid through contract.
• Maintain positive retail tenant relations and act as the main point of contact for merchants' daily needs.
• Prepare the annual operating budget and quarterly reforecast reports, manage operating expenses, and help prepare monthly variance reports and cash-flow forecasts.
• Manage invoice processing, coding and payment, and work with Marketing, Tenant Coordination and the Senior Property Manager-Office on property events and shared building systems.
• Support the Regional General Manager and SVP, Asset Management with financial and capital management, and complete special projects as assigned.

Required profile

• 8+ years of experience in commercial real estate property management, including at least 5 years of progressively expanding responsibility in P&L management, vendor contract oversight and other key real estate functions.
• Bachelor's degree in business administration, real estate or a related field.
• Ownership mentality, proven leadership, and strong oral and written communication skills.
• Financial acumen and ability to manage multiple complex projects at once.
• Ability to perform on-site property inspections, including standing for extended periods, with reasonable accommodations as needed.

Required skills

• Property management software
• Microsoft Excel and Word
• JDE and Nexus are a plus but not required

What we offer

• Typical total compensation of $145,000-$160,000 per year plus bonus.