Consultant, Real Estate Lease Administration

Cardinal Health•Dublin, OH

1d•Hybrid

About The Position

Real Estate contributes to Cardinal Health Facilities & Real Estate plans and directs facility maintenance and food services as well as real estate activities including acquisitions, dispositions, leasing and property development. Real Estate is responsible for the purchase or negotiation of all property acquisition, disposition lease administration and lease agreements. This job family develops strategies for site locations and availability and makes recommendations for the acquisition and disposal of properties. This job family ensures proper documentation of lease or purchase transactions and manages relationships with outside vendors, consultants, and relevant local community/government groups.

Requirements

Bachelor's degree in related field, or equivalent work experience, preferred
5+ year Lease Administration experience working with medical, commercial office and warehouse Leases
Accounts Payable and Account Receivable experience preferably in commercial real estate
Strong written and oral communication skills
Must be motivated and self-starter with the ability to handle multiple tasks and prioritize workload
Must be organized, detailed oriented and can determine solutions to problems as they arise
Microsoft Office Suite – Expert

Nice To Haves

Experience performing commercial Real Estate Transactions a plus
Experience with CoStar Real Estate Manager or similar SAAS real estate system
Notary preferred

Responsibilities

Abstracting and interpreting commercial lease documents (leases, amendments, subleases) and other real estate related documents ensuring compliance with company policies and procedures
Interpret and analyze lease language to determine the right course of action as to Landlord and Tenant responsibilities
Monitor and manage critical dates and deadlines, including but not limited lease commencement and expiration dates, rent commencement dates, option deadlines, etc.
Actively guide and track company interest and rights of the lease under routine circumstances such as security deposit burn off, TI Allowance expenditure or other lease specified LL & Tenant obligations
Interact with landlords and 3rd party lease stakeholder on lease administration matters including vendor set-up, billing questions, insurance requirements, and lease matters
Liaise with legal counsel and business units to resolve facility disputes
Draft formal correspondence, letters, and legal notices
Process monthly rent payments and billing adjustments, including operating expense reconciliations and year-end adjustments.
Subtenant administration to include collection and tracking of rental income and invoicing of operating expenses.
Complete year end desk top audits of Operating Expenses
Provide actual and forecasted expense information requested by internal finance team members
Maintain and keep organized electronic file database
Contributes to the evaluation and improvement of current lease administration procedures and guidelines, to promote organization, efficiency, & compliance
Handle Special Projects as assigned

Benefits

Cardinal Health offers a wide variety of benefits and programs to support health and well-being.
Medical, dental and vision coverage
Paid time off plan
Health savings account (HSA)
401k savings plan
Access to wages before pay day with myFlexPay
Flexible spending accounts (FSAs)
Short- and long-term disability coverage
Work-Life resources
Paid parental leave
Healthy lifestyle programs