Job Description

In this hybrid role the Corporate Lease Administrator performs lease administration function to ensure real estate financial obligations are met and lease terms are in compliance. The desired candidate should have commercial lease experience with office, industrial or retail space.

Contract Duration: 6 months+ the potential to convert to perm

• Required Skills & Experience Office, industrial and or retail commercial lease experience
• 3 to 5 years of commercial real estate, lease administration and/or paralegal experience
• PeopleSoft and/or CoStar experience preferred (or comparable experience)
• Highly proficient computer skills, particularly Microsoft Office package
• Advanced understanding of complex real estate lease terminology
• Bachelor's degree in business, accounting, real estate, or similar field is preferred.

What You Will Be Doing

• Daily ResponsibilitiesDraft lease documents (amendments, renewals, terminations), lease correspondence and notices to landlords; ensure that productive landlord and subtenant relationships are maintained in accordance with the lease and sublease agreements
• Review and analyze leases, amendments and other documents and provide recommendations to the Director-Real Estate and the Real Estate Managers to drive innovative solutions
• Interpret and analyze lease language and offer advice to the field with regards to their rights and duties for maintenance / repair or other affirmative obligations between Landlord and Tenant as well as offer expertise to all levels of staff within the company
• Audit documents such as invoices, statements, amendments to leases and other correspondence from the landlord, as well as data from other sources, to determine whether charges assessed by the landlord under a tenants lease are accurate.
• Negotiate reductions in expenses and reconcile accounts with the property manager or landlord by stated lease timeframes while maintaining a healthy line of communication
• Review and process lease documents (new leases, amendments, notices) for signature
• Abstract lease documents in Costar and maintain Costar by abstracting any changes or modifications, such as rental obligations, payment information, landlord and subtenant changes, etc.
• Manage all Landlords and other Lease vendors in Costar database to ensure precise records, including Landlord and vendor address and payment changes, ownership transfers and change in contact information, tracking for all necessary documents and determining if appropriate documentation has been received to make changes.

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