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Lease Administrator at Commercial Real Estate Company

Commercial Real Estate Company · Birmingham, United States Of America · Onsite

$45,000.00  -  $55,000.00

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Responsible for day-to-day lease compliance and administration functions for portfolio of company-owned and third party assets.

PRINCIPAL JOB ACTIVITIES:

  • Daily interaction with and coordination of information flow between property managers, leasing agents, property accountants and property owners.
  • Preparation of lease summaries, abstracts, commencement date agreements and similar documents.
  • Monitoring and coordination of landlord and tenant lease compliance.
  • Review leases and related documents.
  • Conducting lease research and interpretation relative to landlord inquiries, lender inquiries, tenant issues and billing, as needed.
  • Assist with resolution of tenant issues, including, but not limited to, audit and billing disputes, tenant A/R issues and tenant lease compliance failures, with property management, property accounting, legal and leasing teams, as requested.
  • Preparation and distribution of SNDAs and estoppel certificates.
  • Receipt, review, processing and resolution of tenant requests, notices, inquiries and correspondence.
  • Preparation and transmittal of landlord notices, correspondence, inquiries.
  • Coordination and tracking of space delivery, tenant opening, rent commencement, measurement certification, space surrender and lease termination.
  • Coordination of tenant account set-up and modification in accounting and legal systems.
  • Status monitoring and reporting for all pending lease transactions.
  • Coordination and monitoring of tracking efforts relative to lease restrictions, occupancy status, co-tenancy compliance, kick-out status.
  • Assist in due diligence and other special projects, as assigned.
  • Prepare accurate and complete reports, monthly, quarterly, annually, and as otherwise requested.
  • Update and maintain lease files and tenant records.
  • Coordination of square footage information and certification with construction and accounting departments.
  • Reconciliation of square footages, postal addresses, suite and space information.
  • Enter tenant insurance requirements from leases into certificate monitoring software.
  • Monitor and track exclusives and prohibited uses set out in leases.

REQUIREMENTS:

  • Prefer 2+ years’ experience in lease administration for a commercial real estate development company or 2+ years as a paralegal with real estate exposure
  • Strong service orientation – ability to interface with all business groups
  • Detail oriented with strong organizational skills
  • Excellent written and oral communication skills
  • Ability to effectively handle multiple tasks simultaneously
  • Manage time effectively in order to accomplish goals
  • Exhibit high motivation and a willingness to do whatever it takes to get the job done
  • Proficient in Microsoft Word, Excel and Outlook

 

 

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