Administrator, Lease

Tractor Supply • Brentwood, TN

94d

About The Position

This position is responsible for the management and administration of Tractor Supply Company's (TSC) real estate portfolio.

Requirements

• 2-4 years' experience in lease administration, property management, paralegal, corporate compliance, or business management.
• College degree preferred. Any suitable combination of education and experience will be considered.

Nice To Haves

• Strong mathematical, analytical, problem-solving, and communication skills.
• Ability to work independently, prioritize tasks and coordinate multiple projects.
• Work effectively under tight deadlines.
• Strong process orientation with excellent organizational skills and thorough attention to detail.
• Working knowledge of commercial real estate law and accounting.
• Database management knowledge - Lucernex and SAP.
• Proficiency in Microsoft Office - Medium proficiency with Excel and Word.

Responsibilities

• Commence the preparation of lease Abstracts and conduct a review of underlying legal documents.
• Enter all required data into lease management software and maintain data to ensure integrity.
• Create and update lease term sheets and Repair and Maintenance summary (R&M Sheet).
• Communicate all lease terms that impacted other SSC departments and manage the new store opening process.
• Coordinate with the store manager and district manager to communicate site specific obligations.
• Analyze and finalize all due diligence necessary to prepare and issue Estoppel Certificates, Subordination, Non-disturbance, and Attornment Agreements (SNDA) and other contracts for execution.
• Analyze and conduct all calculations necessary for a thorough audit of CAM, real estate tax, insurance, and other miscellaneous billings to ensure lease compliance and accuracy of calculations.
• Formulate appropriate responses and communicate with all parties necessary to resolve any disputes related to the charges.
• Investigate requests from third parties on a variety of issues related to store operations, landlord disputes, municipal/zoning violations, condemnations, lender requests, etc.
• Determine best course of action and provide recommendations for resolution to the department Manager and/or Director.
• Analyze and interpret lease language and underlying legal documents to ensure compliance.
• Evaluate the circumstances causing the issues and assist in the resolution of any disputes related to Landlord's failure to perform all of Landlord required repairs and maintenance at the stores.
• Negotiate or escalate as needed to obtain Landlord approvals and appropriate documentation related to store Initiatives and Special Events held at stores.
• Negotiate or escalate as needed with Landlord for resolution of any issues arising from the store relocation or closure process.
• Verify accuracy of all rent, escrows and other leasehold expenses and coordinate with accounting to ensure timely and accurate payment of all charges due.
• Perform and/or confirm other various functions such as annual sales reporting, issue resolution, collection of funds owed to TSC by Landlord, etc.
• Proactively monitor and report all lease critical dates, options, insurance renewals, receipt of deliverables, etc.
• Maintain accurate and up to date records in the appropriate permanent Lease files - both electronic and hard copies.

What This Job Offers

• Industry: Building Material and Garden Equipment and Supplies Dealers
• Education Level: Bachelor's degree