Senior Lease Administrator

Federal Realty Investment Trust•North Bethesda, MD

6d•$80,000 - $95,000•Onsite

About The Position

Federal Realty Investment Trust is a proven leader in the ownership, operation, development and redevelopment of premium retail real estate in the country's best markets. We consider ourselves one of the most innovative and dynamic real estate companies with which one can work. Interested candidates who research Federal Realty will learn about our high quality community shopping center and mixed use property portfolio. Federal Realty’s well-respected real estate investment and management team delivers a significant combination of both modest and large, value-add investments; being part of the team that conceives of and delivers these investments is very rewarding. While Federal Realty is one of the largest publicly traded real estate investment trusts in the country, as measured by the value of our assets, we function and operate more like a small company. Team members with initiative and proven ability get involved in many facets of executing Federal’s business plan. We encourage you to follow Federal Realty Investment Trust on LinkedIn. We are currently seeking a Senior Lease Administrator to join our Lease Administration team at our corporate office in North Bethesda, Maryland. In this role, you will manage the day-to-day administration of a portfolio of properties, including lease abstraction and billing activities. You will serve as a key liaison between the landlord and tenant, helping ensure compliance with lease provisions once agreements are executed. This role also partners closely with internal teams, providing clear communication and support related to your assigned portfolio.

Requirements

3+ years of lease administration experience required, preferably in retail real estate or property management
Excellent ability to interpret, and apply lease language
Highly organized with the ability to work independently and as part of a team
Proven ability to manage multiple priorities and meet deadlines
Intermediate Excel skills; proficiency in Word required
Excellent written and verbal communication skills

Nice To Haves

Bachelor’s degree preferred
experience with JDE Property Management system preferred
working knowledge of Adobe and Salesforce a plus

Responsibilities

Abstract and maintain lease data for both new and existing Leases for assigned portfolio
Prepare and distribute lease and rent commencement letters
Prepare and send annual rent increase notifications
Process account adjustments and perform account reconciliations
Generate monthly rent rolls and bill miscellaneous tenant charges
Maintain co-tenancy schedules and monitor related requirements
Track and manage critical lease dates and deadlines
Support base rent collections
Respond to tenant inquiries and correspondence
Coordinate and collaborate with co-sourcing partners
Prepare special billings and work on special projects
Perform other duties as assigned