Property Manager – Industrial & Retail Portfolio
Canterra Executive Search | North York, Ontario, Canada (On-site)
Location: North York, ON | GTA Portfolio
Portfolio: Commercial Industrial & Retail Properties
Compensation: Competitive Base Salary + Performance Bonus, vehicle allowance, RRSP Matching & Comprehensive Benefits
About the Opportunity
Canterra Executive Search is partnering with one of Toronto’s leading real estate developers and owner-operators to identify an experienced Property Manager – Industrial & Retail for an established portfolio of commercial properties throughout the Greater Toronto Area.
This is an excellent opportunity for an accomplished commercial property management professional to join a highly respected, vertically integrated real estate organization with an extensive portfolio and more than 70 years of experience in the Greater Toronto Area.
The successful candidate will assume responsibility for a diverse portfolio of industrial and retail properties, with significant autonomy over day-to-day operations, financial performance, capital improvements, tenant relationships, and overall property management.
Working closely with senior leadership, this position offers the opportunity to make a meaningful impact within an established and growing commercial real estate organization.
The Role
Reporting to the General Manager, the Property Manager will oversee the operational and financial management of an established commercial real estate portfolio consisting of approximately 1 million square feet of industrial space and 160,000 square feet of retail space across a portfolio of 20 plus properties .
Based at the company’s North York head office, the successful candidate will oversee properties throughout the GTA, ensuring operational excellence, strong tenant relationships, effective financial management, and the long-term preservation and enhancement of asset value.
This is a hands-on management opportunity requiring a commercially minded professional who can independently manage multiple properties while collaborating with internal departments, tenants, contractors, and senior leadership.
Key Responsibilities
- Oversee the day-to-day operational management of an assigned portfolio of industrial and retail properties throughout the GTA.
- Develop and maintain strong relationships with commercial tenants, ensuring a high standard of service and responsiveness.
- Prepare, administer, and monitor annual operating budgets, financial reports, and expense forecasts.
- Monitor property financial performance, operating expenses, and budget variances while identifying opportunities for cost efficiencies.
- Coordinate and oversee building maintenance, repairs, preventative maintenance programs, and property inspections.
- Manage contractors, vendors, and third-party service providers, including contract negotiations and performance monitoring.
- Oversee capital improvement projects, building upgrades, and major repairs to ensure timely and cost-effective execution.
- Administer commercial lease obligations and coordinate tenant-related matters, including lease compliance and operational requirements.
- Ensure properties comply with applicable building regulations, health and safety legislation, and operational standards.
- Work collaboratively with accounting, leasing, construction, and other internal departments to support portfolio objectives.
- Provide regular operational and financial updates to the General Manager and senior leadership.
- Identify opportunities to improve property performance, tenant satisfaction, operational efficiency, and long-term asset value.
What We’re Looking For
- 7+ years of progressive commercial property management experience, with a strong background managing industrial, commercial and/or retail properties.
- Demonstrated experience overseeing multiple commercial properties within a diverse portfolio.
- Strong financial management capabilities, including budgeting, operating expenses, financial reporting, and cost control.
- Experience managing capital improvement projects, building maintenance programs, and third-party contractors.
- Strong understanding of commercial lease administration, tenant relations, and property operations.
- Working knowledge of Ontario’s Occupational Health and Safety Act (OHSA) and applicable building regulations.
- Excellent communication, negotiation, organizational, and relationship-management skills.
- Proven ability to work independently, manage competing priorities, and take ownership of portfolio performance.
- Post-secondary degree in business, real estate, property management, or a related discipline.
- Professional commercial property management designation, such as RPA, or a comparable qualification.
- Experience with Angus Anywhere, JD Edwards, or comparable property management systems considered an asset.
- Ability to travel between properties throughout the Greater Toronto Area.
Why This Opportunity Stands Out
Established Industrial & Retail Portfolio – Assume responsibility for a substantial and diverse commercial portfolio comprising approximately 1.16 million square feet of industrial and retail properties throughout the GTA.
Leading Developer & Owner-Operator – Join a highly respected, vertically integrated Toronto real estate organization with more than 70 years of experience in development, ownership, and property management.
Autonomy & Portfolio Ownership – Take direct responsibility for property operations, financial performance, capital improvements, and tenant relationships.
Direct Exposure to Senior Leadership – Work closely with the General Manager and senior leadership, contributing to operational decisions and portfolio performance.
Long-Term Career Growth – Build your career within an established and growing commercial real estate platform offering long-term professional development opportunities.
Competitive Total Compensation – Attractive base salary, performance bonus, RRSP matching, and comprehensive benefits.
Confidential Inquiry
We understand that many accomplished commercial property management professionals are not actively exploring the market.
If you have a strong background in industrial or retail property management and are interested in learning more about the portfolio, organization, compensation package, or long-term career opportunity, we welcome a confidential conversation.
All inquiries will be handled with the utmost discretion.
