Lease Administrator

Centennial Real Estate Company LLC • Birmingham, AL

94d

About The Position

Responsible for day-to-day lease compliance and administration functions for a portfolio of company-owned and third-party assets. The role involves daily interaction with and coordination of information flow between property managers, leasing agents, property accountants, and property owners. Key activities include preparation of lease summaries, monitoring landlord and tenant lease compliance, conducting lease research, and assisting with tenant issues. The position also requires preparation and distribution of SNDAs and estoppel certificates, processing tenant requests, and maintaining lease files and tenant records.

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.

Responsibilities

• 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.
• Assist with resolution of tenant issues, including audit and billing disputes, tenant A/R issues, and tenant lease compliance failures.
• 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, and 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, and 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.

What This Job Offers

• Number of Employees: 251-500 employees