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Real Estate & Facilities Specialist

Applied Industrial Technologies
Cleveland, OH Full Time
POSTED ON 6/18/2024 CLOSED ON 7/16/2024

What are the responsibilities and job description for the Real Estate & Facilities Specialist position at Applied Industrial Technologies?

Scope of Responsibility

  • Prepare lease agreements for legal review, ensuring accuracy and inclusion of key commercial terms, including lease support for new acquisitions.
  • Facilitate estoppel certificates, subleases, and sale agreements; Ensure proper executive approvals have been obtained.
  • Working closely with brokers and Applied leadership, coordinate and manage real estate purchase and sale activity.
  • Manage security and fire alarm processes, requesting audits, obtaining approvals, and processing capital invoices.
  • Manage the establishment and discontinuation of utility accounts for Applied locations, leased and owned; Facilitate the month-to-month payment of utilities including exception management; Work with third-party vendor to audit accounts to ensure payment accuracy; Monitor and track all deposits placed on utility accounts for the General Accounting department.
  • Oversee and manage activity relating to building and systems maintenance, landscaping, safety issues, general repairs, and insurance matters including the establishment and oversight of new agreements.
  • Develop lighting upgrade and building improvement contracts; coordinate bids, perform bid analysis and make supplier recommendations to leadership; Facilitate lien verification and payment authorization for construction contracts.
  • Monitor the application of energy rebates and track and follow up on any rebates due the company.
  • Collaborate on the creation of the annual department budgets and monitor five department budgets to ensure compliance with budget goals.
  • Manage the HQ cafeteria, interface between cafeteria manager and company associates, obtaining quotes for new equipment and ongoing pricing reviews.
  • Process and audit corporate and field building invoices and capital project expenditures to ensure that the terms of contracts are adhered-to; Notify General Accounting department when construction projects are completed to ensure any deposits or progress payments are removed from the suspense accounts and redistributed to the fixed asset accounts.
  • Coordinate with energy brokerage firm to bid and select optimal gas and electric providers; Monitor selected supplier performance post-award.
  • Track and report vacant buildings as an input to monthly financial statements.
  • Lead or support other projects as requested.


Requirements

  • Bachelor degree and/or minimum 3 years experience.
  • Must have a minimum one year experience in contract writing and/or building management experience.

Applied Industrial Technologies (NYSE: AIT) is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO and OEM end users in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise.


We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, gender, sexual orientation, gender identity, age, disability, protected veteran status, marital status, medical condition or any other characteristic protected by law.


If you need accommodation for any part of the employment process because of a disability, please send an email to hiring@applied.com or call 216-426-4389 to let us know the nature of your request.

Salary.com Estimation for Real Estate & Facilities Specialist in Cleveland, OH
$114,538 to $148,635
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