Job Summary

Responsible for maximizing the value and performance of our real estate portfolio, through effective management, analysis and strategic decision making. Primary responsibility is monitoring and transacting on the company’s extensive portfolio of real estate leases to ensure critical date deadlines are met and addressing other lease related issues that arise, after lease execution. Real Estate Asset Manager also will ensure all final documents are approved and properly executed by multiple levels of management.

Job Responsibilities and Duties

• Oversee the company’s lease option renewals and ensure that the remain in-line with the prevailing market by negotiating directly with landlords and their representatives (such as real estate agents, lawyers, and property managers) to achieve reductions in rent liability and/or other desired lease modifications benefiting the company.

• Address any other post initial lease execution issues arise including but not limited to consents, co-tenancy violations, modification requests, work letters deviations, amendments/extensions, etc.

• Work in conjunction with Director of Lease Administration/ Asset Management to discover revenue saving strategies on existing leases.

• Engage in negotiations (both written and verbal) with the company's landlords, as directed by the Director of Asset Management and Deal Managers, to achieve desired modifications to real estate leases.

• Prepare and review in collaboration with the legal department all supporting documents (e.g., subleases, exhibits, addendums, tenant improvement work letters, amendments/extensions, etc.) to accurately reflect the mutual agreement of both landlord and tenant.

• Interpret and advise management on all terms of real estate leases and related documents (modifying such documents as needed) Maintain and update a database thereof.

• Provides updates on the status of leases and negotiations to various in-house parties.

• Perform quality control checks of all completed transactions.

Knowledge, Skills, Abilities:

• Minimum of 4 years of experience in real estate portfolio management and/or real estate lease transactions. 

• Bachelor’s degree and/or paralegal certificate preferred.

• Extensive experience reviewing and/or drafting and negotiating commercial real estate leases and related legal documents.

• Exemplary verbal and written language and grammatical skills, including the ability to interpret and abstract complex lease documents, independently draft real estate related legal documents, and negotiate final lease terms with landlords and their attorneys.

• Must be highly organized and able to manage multiple projects and be extremely detail-oriented.

• Proficient in Microsoft Word, Excel, and Outlook, as well as Adobe Acrobat. Lucernex would be a plus.

• Ability to effectively facilitate all departmental transactions simultaneously.

• Ability to self-manage and take initiative.

• Ability to interact and collaborate with Store Operations, Regional Managers, and Vice Presidents to achieve common goals.