Lease Administrator

Tanger Inc.

About The Position

In our continued mission to create shopping destinations that entertain, inspire, and bring communities together, Tanger is seeking a Lease Administrator This role offers the opportunity to work both independently and collaboratively, supported by a flexible, Teams-driven workplace designed to empower connection, innovation, and impact across geographies.

Requirements

In-depth knowledge of lease terms, retail leases (NNN, percentage rent, co-tenancy, etc.), and real estate legal terminology.
Strong interpersonal skills and the ability to build positive working relationships with colleagues and internal and external partners.
Proactive, resourceful approach to problem-solving and process improvement.
Strong organizational and time management skills, with the ability to prioritize tasks, meet deadlines, and adapt to changing demands.
Exceptional attention to detail and accuracy, especially when handling sensitive and confidential information.
Excellent written and verbal communication skills, with professional email manner.
Ability to work independently and collaboratively within a team-oriented environment.
Problem-solving skills and the ability to exercise sound judgment under pressure.
Adhere to Tanger’s Values: Integrity, Inclusion, and Innovation
Bachelor’s degree in Business, Real Estate, or related field or equivalent work experience
3+ years of lease administration experience in a retail commercial real estate environment or REIT.
Proficiency in lease administration software (e.g., Yardi, MRI, Lucernex) and MS Office Suite (especially Excel).

Responsibilities

Lease Abstraction & Management Review, abstract, and interpret lease documents, amendments, and related legal agreements (i.e., leases, license agreements, modifications, renewals)
Review and maintain lease data into lease accounting management software (e.g., MRI).
Track critical dates including lease expirations, renewals, options, rent escalations, and tenant notice deadlines.
Fulfill legal requirements for various Tenant Notices (e.g. RCD Notices, Default Notice Retention, etc.)
Verify rent commencement and escalation dates and make updates accordingly.
Monitor store closures and vacate dates; report to Lease Accounting in a timely manner.
Collaborate with Lease Accounting to ensure accurate billing of rent, CAM, taxes, and other billings.
Maintain and organize electronic lease files.
Ensure lease documentation is complete, accurate, and compliant with company standards and audit requirements.
Collaborate with Leasing, Legal, Lease Services, Tenant Coordination, Accounting, and Property Management to ensure alignment on lease terms and obligations.
Provide support for tenant inquiries and disputes related to lease terms or billing as needed
Assist in due diligence for acquisitions, dispositions, and refinancing.
Support business units with legal lease research requests
Support business units with risk management reporting (e.g. kickout, co-tenancy, assignments, etc.)
Ensure accurate data produces reliable lease abstracts, rent rolls, occupancy reports, etc.
Support budgeting, forecasting, and property valuation efforts through accurate lease data.
Ensure compliance with internal controls and regulatory requirements.
Conduct periodic audits of lease files and database entries to ensure accuracy and integrity.
Maintain a lease log of all executed documents and the timely abstraction and setup in the lease administration accounting software (e.g. MRI)