Commercial Property Manager
Cover letter required for consideration. Please highlight your relevant and
transferable skills that make you a strong fit for this role.
About Carvana
At Carvana, we’re changing the way people buy and sell cars. With an ambitious
vision and a fundamentally different approach designed to be fun, fast, and
fair, Carvana became the fastest-growing automotive retailer in history. We
expanded nationally, went public on the New York Stock Exchange, sold our 1
millionth car, and reached the Fortune 500, all in just eight years.
Today, with 4 million retail customers and counting, Carvana is both the
fastest-growing and the most profitable public automotive retailer, and we’re
just getting started. We continue to raise the bar for our customers as we
tackle the enormous opportunity still ahead in the largest consumer vertical.
Working here means being part of a team that embraces change, celebrates
creative problem solving, and always strives to be better. At Carvana, you’ll
have the opportunity to take on meaningful challenges, learn quickly, and help
shape the future of automotive retail. If you’re driven to grow and make an
impact as part of a collaborative team, you’ll fit right in. Learn more about
what it’s like to work here from the people that already do
[https://www.youtube.com/watch?v=93pa9NmlrYc&feature=youtu.be].
About the team and position
Carvana's Real Estate team operates in a fast-paced, team-oriented environment,
supporting a rapidly expanding portfolio of commercial properties for Carvana
and ADESA. We are looking for a Commercial Property Manager to join our Real
Estate team at Carvana's corporate headquarters in Tempe, Arizona. This role
blends day-to-day commercial lease administration and portfolio management with
hands-on support for core, recurring legal tasks, working closely with our Real
Estate Legal team.
This role is built for a commercial real estate professional. Our portfolio
consists of all types of industrial and retail facilities. We lease, purchase,
sell, finance and maintain a vast portfolio of real estate, and your familiarity
with managing a commercial real estate portfolio will be key to your success.
Comfort interpreting commercial lease and purchase agreement language,
understanding rent roll, tax and insurance payment obligations, working with
facilities teams and vendors and recognizing the workflow requiring support in
commencing, operating and closing out sites in a manner that is compliant with
best practices and lease obligations is essential. Candidates with a background
limited to residential or multifamily property management will not have the
lease-interpretation and commercial deal experience this role requires.
The ideal candidate has held an in-house/corporate real estate role or a role at
a commercial property management or brokerage firm, development company, REIT,
or business with a deep investment in its real estate portfolio. The
responsibilities require a proactive and detail-oriented professional who
delivers accurate, high-quality work quickly, communicates effectively with a
wide range of internal and external stakeholders, and knows how to responsibly
use AI tools to work faster and smarter. This role requires juggling multiple
projects and deadlines in a dynamic environment where priorities can shift
quickly.
This person will work closely with Legal, Accounting, and Insurance, as well as
Facilities and Construction, demonstrating strong cross-functional collaboration
and project management skills. Daily functions are expected to be handled
autonomously with limited oversight, while knowing when a matter requires more
context for stakeholders or should be escalated to the Manager of Portfolio
Management or Legal.
This is a fully on-site position, Monday through Friday, at our corporate HQ in
Tempe, Arizona.
What you’ll be doing
* Perform commercial lease abstraction and ensure data integrity of Lease
Agreements, License Agreements and Purchase Agreements.
* Audit lease information to ensure key lease administrative deadlines are met
and are reflected accurately in internal and external reports.
* Communicate with landlords, including handling landlord escalations and
holding landlords accountable to comply with commercial lease language.
* Interpret commercial lease terms in a manner that helps Facilities,
Construction and other teams understand core Landlord and Tenant contract
responsibilities.
* Recognize when lease interpretations require escalation to the Senior
Manager of Portfolio Management, or to Legal, for resolution.
* Serve as a go-to resource for property and portfolio management matters,
answering questions and resolving issues independently as appropriate, and
building relationships that advance Carvana's standing and rapport with
landlords.
* Support property move-in/move-out processes, critical dates management, and
related lease administration functions.
* Absorb tasks and projects as needed to work efficiently, prioritizing
according to team and business objectives.
* Work with a third-party utility manager to transfer and set up utility
services.
* Accurately track property taxes and work with a third-party tax vendor to
ensure timely payment.
* Manage COI (certificate of insurance) collection and distribution and support
quarterly reporting requirements.
* Review tenant rent and common area maintenance (CAM) charges to ensure
accuracy.
* Support recurring rent payment, tax payment, insurance requirements,
contractual obligations, and routine "run the business" property management
responsibilities.
* Prepare and deliver timely, accurate operational and financial reports to
stakeholders.
* Draft, review, and obtain approval for standard legal notices,
landlord-tenant communications, and ancillary documents, under the
supervision of the Senior Manager, Portfolio Management.
* Support lease administration workflow, including estoppels, SNDAs, access
requests, and other routine commercial lease matters.
* Support the management and reporting of critical dates, where needed, while
coordinating with landlords on matters such as potential buyouts, early lease
terminations, and other lease-related negotiations.
* Utilize AI tools to increase speed and accuracy on lease review, document
drafting, and reporting tasks.
* Manage lease setup tasks in the project management system.
* Develop and maintain relationships with contractors, landlords, tenants and
stakeholders.
* Other duties as assigned.
What you should have/know
* 8+ years of experience in commercial property management or commercial lease
administration — gained in an in-house/corporate real estate department or at
a commercial property management or brokerage firm..
* A Bachelor's degree from an accredited undergraduate institution is
preferred.
* Strong comprehension of commercial lease/purchase agreement language, with
the ability to interpret provisions and identify key obligations, rights, and
risks.
* Direct experience with commercial lease administration concepts such as CAM
reconciliation, estoppels, SNDAs, and certificates of insurance.
* Self-starter; able to make good decisions and work independently with limited
direction or supervision.
* Must be able to work in a fast-paced, results-driven, team-oriented
environment with multiple deadlines, and adapt quickly to changing
priorities.
* Ability to think critically and take the initiative to develop and improve
processes for the team.
* Ability to identify opportunities and provide solutions.
* Ability to comprehend Landlord vs Tenant responsibilities under commercial
leases and enforce compliance.
* Strong decision-making skills; able to recognize which functions can be
handled autonomously versus which require collaboration or escalation, and to
calibrate how much context to provide based on the audience and goals.
* Grasp of or proficiency in risk management and issue-spotting, recognizing
which matters require input from team leadership or other groups such as
Legal, Accounting, or Insurance.
* Strong team mentality; ability to productively work with varying
personalities and experience levels to grow and develop the team.
* Proficient with Microsoft Office, G-Suite applications and AI resources,
including Claude and Gemini.
* Working knowledge of Property Works software or similar commercial lease
management software.
* Familiar and comfortable with financial review and reporting.
* Enthusiasm and energy to contribute to and thrive in a dynamic, fast-paced
atmosphere where roles continually adapt as the company evolves.
Don't Meet 100% of the Qualifications?
At Carvana, we value diverse backgrounds and experiences. We encourage you to
apply even if your experience doesn't fit every single bullet point. Give it a
shot—we'd love to hear from you!
What we’ll offer in return
* Full-Time salary position.
* Medical, Dental, and Vision benefits.
* 401K with company match.
* A multitude of perks including student loan payments, discounts on vehicles,
benefits for your pets, and much more.
* A great wellness program to keep you healthy and happy both physically and
mentally.
* Access to opportunities to expand your skill set and share your knowledge
with others across the organization.
* A company culture focused on high performance and bar-raising, with vast
opportunity to learn and grow.
Other requirements
To be able to do your job at Carvana, there are some basic requirements we want
to share with you.
* Must be able to read, write, speak, and understand English.
Of course, we’ll make any reasonable accommodations for those with disabilities
to perform the essential functions of their jobs.
Legal stuff
Hiring is contingent on passing a complete background check. This role is not
eligible for visa sponsorship.
Carvana is an equal employment opportunity employer. All applicants receive
consideration for employment without regard to race, color, religion, gender,
sexual orientation, gender identity or expression, marital status, national
origin, age, mental or physical disability, protected veteran status, or genetic
information, or any other basis protected by applicable law. Carvana also
prohibits harassment of applicants or employees based on any of these protected
categories.
Please note this job description is not designed to contain a comprehensive
listing of activities, duties, or responsibilities that are required of the
employee for this job. Duties, responsibilities, and activities may change at
any time with or without notice.