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Industrial Property Administrator

Company Description

ABOUT STREAM REALTY PARTNERS

Founded in 1996, Stream Realty Partners (Stream) began with a vision. Not one focused on bricks and mortar, but with people at its foundation. With 215+ million square feet of assignments and more than $5.8 billion in annual transactions, we are one of the fastest-growing, full-service commercial real estate services organizations in the country. We’ve grown from our two original partners to 1,400+ talented individuals that come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate. More information on the firm is available on the website: www.streamrealty.com

IMMEDIATE IMPACT. MEANINGFUL CAREER.

At Stream, we know our success begins and ends with our people. It’s the reason we work hard to attract and retain the best and brightest talent. From day one, you will be an integral member of our high-caliber, collaborative team. We will empower you to apply your energy, expertise, and creativity to meet our clients' needs while instilling you with unsurpassed market knowledge and development opportunities to succeed. When you join Stream, you won’t simply start a new job—you will build a meaningful and impactful career.

Job Description

POSITION OVERVIEW

The Property Administrator position provides first-class property management services and assists the Property Management team with day-to-day responsibilities of operating a commercial property.  Typical duties include Accounts Receivable & Accounts Payable, office administration, customer service, and enhancing tenant relations.

RESPONSIBILITIES

  • Assist Property Manager with day-to-day operation of assigned portfolio.
  • Assist Property Manager with the preparation of monthly/quarterly financial reports.
  • File paperwork as necessary; Prepare lease termination forms and write-off forms as necessary; Create and maintain digital vendor files; Prepare aging reports on a monthly basis.
  • Receive and enter work order requests into the system.
  • Maintain, track, and input into the system all Certificates of Insurance for vendors/tenants/clients.
  • Prepare, compile, and facilitate the creation and execution of Service Contracts for vendor services.
  • Schedule building activity including move-ins / move outs; verify insurance.
  • Assist in planning and executing tenant events with management team.
  • Maintain trackers for Certificates of Insurance, Service Contracts, and Tenant’s HVAC agreements for assigned properties.
  • Assist with accounts payable – accurately input, verify proper backup and code all invoices according to the approved budget into the payables system and then forward to the Property Manager for approval.
  • Assist with accounts receivable – monthly review of account receivables in the system and assist with the preparation of late notices and default notices.

Qualifications

  • Bachelor’s Degree preferred.
  • Proficient with Microsoft Excel and Word; Yardi experience a plus
  • Attention to Detail             
  • Basic accounting skills and knowledge      
  • Mathematical aptitude    
  • Strong verbal and written communication skills    
  • Excellent customer service skills
  • Good organizational skills
  • Desire and ambition to learn and grow in Stream’s property management department.
  • Attributes which align with Stream’s core values of Smart, Honest, Nice, and Passionate

Additional Information

#LI-Onsite

Stream is an equal-opportunity employer and does not discriminate on the basis of ethnicity, race, religion, sexual orientation, gender identity, age, national origin, disability, military status, or any other reason prohibited by law.

Stream Realty Partners offers competitive salaries, bonuses, medical/dental/vision insurance, pharmacy benefits, health savings account, flexible spending accounts, 401(k) plan with company matching, PTO, and holiday pay. Individual compensation packages are based on various factors unique to each candidate, including skill set, experience, qualifications, location, and other job-related reasons. 

To apply for a position, please visit our website at www.streamrealty.com

Average salary estimate

$60000 / YEARLY (est.)
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$50000K
$70000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Industrial Property Administrator, Stream Realty

Are you looking to kickstart your career in commercial real estate? Join Stream Realty Partners as an Industrial Property Administrator in Rosemont, IL! At Stream, we pride ourselves on being one of the fastest-growing full-service commercial real estate organizations in the country, with a focus on fostering a vibrant culture rooted in our core values: smart, honest, nice, and passionate. As an Industrial Property Administrator, you'll play a vital role in providing first-class property management services while supporting our Property Management team with daily operations. Your responsibilities will include handling accounts receivable and accounts payable, performing office administration tasks, enhancing tenant relations, and ensuring a smooth operation of commercial properties. If you have a knack for detail and a passion for property management, this is your opportunity to cultivate your expertise and contribute to a dynamic team environment. You'll also engage in noteworthy tasks like preparing financial reports, verifying vendor certificates of insurance, and organizing tenant events. With the chance to work alongside talented professionals, you’ll gain substantial knowledge in the industry. So, if you’re an organized individual ready to make meaningful contributions, this could be your ideal launching pad into your future career with Stream Realty Partners!

Frequently Asked Questions (FAQs) for Industrial Property Administrator Role at Stream Realty
What are the primary responsibilities of an Industrial Property Administrator at Stream Realty Partners?

The primary responsibilities of an Industrial Property Administrator at Stream Realty Partners include assisting the Property Manager with the day-to-day operations of the assigned portfolio, managing accounts payable and receivable, supporting customer service tasks, and maintaining essential property documentation.

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What qualifications are required for the Industrial Property Administrator position at Stream Realty Partners?

While a bachelor’s degree is preferred, the Industrial Property Administrator position at Stream Realty Partners values attention to detail, proficiency in Microsoft Excel and Word, basic accounting skills, and the ability to communicate effectively. Experience with Yardi is a plus!

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How does the role of Industrial Property Administrator contribute to tenant relations at Stream Realty Partners?

In the role of Industrial Property Administrator at Stream Realty Partners, you will enhance tenant relations by managing communication, assisting with tenant events, and ensuring prompt responses to inquiries and maintenance requests, creating a supportive environment that fosters satisfaction.

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What are the growth opportunities for an Industrial Property Administrator at Stream Realty Partners?

Stream Realty Partners is committed to empowering its employees to grow. As an Industrial Property Administrator, you will gain experience and mentorship, paving the way for career advancement within the property management department.

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What kind of work environment can I expect as an Industrial Property Administrator at Stream Realty Partners?

At Stream Realty Partners, you can expect a collaborative and supportive work environment. The company values teamwork and encourages its employees to share ideas and drive innovation within property management.

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Common Interview Questions for Industrial Property Administrator
What experience do you have in property management?

When answering this question, detail any previous roles related to property management, emphasizing specific responsibilities, and how they prepared you for the Industrial Property Administrator position at Stream Realty Partners.

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How do you handle customer service challenges in your role?

In your response, describe a specific instance where you addressed a customer service challenge, focusing on your problem-solving skills and how you effectively communicated with the tenant.

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Can you share your experience with handling accounts payable and receivable?

Discuss your previous roles involving financial tasks, emphasizing accuracy and attention to detail, particularly any relevant software experiences, like Yardi, that relate to the Industrial Property Administrator role.

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What strategies do you use to stay organized and manage your tasks?

Outline the tools and methods you employ to keep track of responsibilities, such as planners, digital tools, or prioritization techniques that would be beneficial in your position as an Industrial Property Administrator.

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How would you approach enhancing tenant relations?

Your response should highlight proactive communication strategies, event planning, and how building strong relationships contributes to tenant satisfaction and retention at Stream Realty Partners.

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What skills do you think are most important for an Industrial Property Administrator?

Focus on skills such as attention to detail, strong communication, and customer service orientation—skills that resonate with the key responsibilities of the Industrial Property Administrator role at Stream Realty Partners.

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Describe a time when you had to prepare financial reports. What was your process?

Walk the interviewer through your approach to preparing financial reports, focusing on accuracy and timeliness, and how your attention to detail is essential for the Industrial Property Administrator position.

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In what ways can you add value to our property management team?

Discuss your unique skill set, enthusiasm for property management, and how your previous experiences align with the core values at Stream Realty Partners, demonstrating your potential impact.

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How do you ensure compliance with vendor insurance requirements?

Highlight your organizational skills and any specific processes you utilize to track and maintain vendor insurance documentation effectively, which is critical in the Industrial Property Administrator role.

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What motivates you to work in commercial real estate?

Share your passion for commercial real estate and how it drives your desire to excel as an Industrial Property Administrator, reflecting Stream Realty Partners' commitment to creating meaningful careers.

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Founded in 1996 and headquartered in Dallas, Texas, Stream Realty Partners is a leasing and management company that operates as a commercial real estate services company and specializes in leasing, property and facilities management, tenant repres...

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DATE POSTED
April 4, 2025

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