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LEASE NEGOTIATOR

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Irving
 TX
Postal Code
75038
Country
United States

This job is no longer active.

Description


Company Information:

Consolidated Electrical Distributors, Inc. (CED), one of the largest and fastest growing wholesale electrical distribution companies in the country, has an opening in our Irving, Texas, office for a Lease Negotiator.  The Lease Negotiator reports to the Real Estate Department Manager and will support approximately half of CED’s more than 600 distribution centers. 

CED offers a competitive salary commensurate with experience.  Our excellent benefits include a profit sharing program, medical, dental, life, and disability insurance, 401(k), paid vacation, holidays, and sick time.
 

Job Summary:

Lease Negotiators interpret and advise management on all terms of real estate contracts, modifying such documents as needed and personally compose and prepare all supporting documents, including leases, subleases, exhibits, addendums, tenant improvement work letters, amendments, extensions, estoppels, SNDAs, and letters of intent.  The Lease Negotiator’s key function is negotiating directly with third party landlords and their representatives (such as real estate agents, lawyers, and property managers) and drafting or modifying related legal documents.  Lease Negotiators do not function as coordinators between in-house real estate counsel and landlords, but rather must possess a successful track record of drafting and negotiating commercial real estate leases and other related documents themselves.

Additional functions include:

  • Ensuring all final documents are approved and properly executed by multiple levels of management
  • Coordinating real property acquisitions and dispositions including drafting purchase and sale agreements and completing due diligence including ALTA surveys, phase I environmental assessments and securing title insurance policies
  • Establishing a lease file in order to administer the lease terms and conditions
  • Interpreting and abstracting leases
  • Auditing  CAM reconciliations and related backup documentation
  • Submitting payments
  • Handling correspondence related to rent escalations, options to renew, CAM reconciliations, NNN expenses, real property taxes, insurance responsibilities, environmental compliance, damage and destruction, condemnation or eminent domain issues, maintenance and repair obligations and default/remedy issues that arise during the lease term. 
  • Answering questions related to lease responsibilities for field personnel
  • Representing CED, and specifically the Real Estate Department, in a positive manner
  • Maintaining a positive attitude and establishing good working relationships both inside and outside of CED
  • Preforming additional tasks or assuming additional responsibilities as instructed by the Real Estate Manager

Skills Required:

Extensive experience drafting and negotiating commercial real estate leases and other related legal documents.  Experience with industrial/warehouse/distribution properties strongly preferred.

Exemplary verbal and written language skills including the ability to independently draft real estate related legal documents, interpret and abstract complex lease documents, write detailed lease reviews, amend lease language, and negotiate final lease terms with landlords and their attorneys. 

Must be able to work independently, possess outstanding organizational skills, and show a strong attention to detail.

Must be able to effectively manage a large number of transactions simultaneously.

Must be competent with Word, Excel, Outlook and Adobe Acrobat.  Experience with Visual Lease software a plus.

Must display a high-level of professionalism and the ability to forge positive working relationships both inside and outside the organization. 

Must be able to communicate effectively and professionally with all levels of management. 

Must be service oriented.   Lease Negotiators support field managers who have final authority over their transactions.

Education and/or Experience:

Minimum of five years of lease document drafting and negotiation experience required.

Four-year degree preferred. 

 

Job Sector


 

Experience


5+ to 7 years


This job is no longer active.

Legal / Transactions Industrial Irving Full Time TX Administration, Leasing, Legal LEASE NEGOTIATOR other