Lease Transactions Manager
2 days ago
Irving
Job Summary The Lease Transaction Manager is responsible for managing the entire lease transaction process, including negotiating lease renewals, handling subtenant negotiations, ensuring compliance with lease terms, and fostering relationships with landlords, brokers, and other key stakeholders. This role involves working closely with internal teams such as Legal, Finance, and Facilities to develop and execute real estate strategies that align with the company’s operational and financial objectives. The role ensures smooth, cost-effective leasing operations across the entire portfolio. Major Responsibilities • Structure lease terms and business points, including rent, TI allowances, rent abatement, term length, options, and escalations., • Track lease renewals, options, and critical deadlines to avoid lapsing or missed opportunities., • Maintain accurate records of lease agreements, key dates (e.g., renewal, escalation, and termination dates), and other important lease data., • Analyze market comps, occupancy costs, and deal structures to optimize lease economics., • Lead the preparation and review of transaction documents, including Amendments, and Letters of Intent (LOIs) and coordinate with legal counsel for lease agreement finalization. Ensure that all transaction documentation is legally compliant and accurately reflects the agreed-upon terms., • Coordinate with the facilities team to ensure the lease aligns with operational and physical space requirements for retail, office, or other locations., • Address and resolve any issues related to lease execution, tenant improvements, maintenance responsibilities, or disputes with landlords., • Negotiate subleases for excess properties within the portfolio, buyouts/dispositions on closed properties with remaining lease term., • Performs other related duties as assigned Key Competencies • Strong negotiation and communication skills, both written and verbal., • Knowledge of lease legal language, real estate financial metrics (NPV, IRR, etc.), and market dynamics., • Ability to handle a fast paced, deadline driven environment, • Ability to manage a high volume of concurrent lease transactions under tight deadlines., • In-depth knowledge of commercial real estate leases, lease terms, and the negotiation process., • Strong analytical and financial skills, with the ability to analyze market trends, financial reports, and lease terms. Interactions Other Internal/External Interactions • Coordinate all internal and external teams involved in the transaction process, including legal, finance, operations, and external advisors (e.g., brokers, accountants, and legal teams). Minimum Qualifications • Bachelor’s degree in business administration, Finance, Real Estate or a related field, or, minimum of 5+ years of experience in commercial lease negotiation, real estate acquisitions, or transaction management., • Proven experience in managing complex transactions, including the negotiation, financial analysis, and lease valuation., • Proficiency in lease management software (e.g., ProLease. CRM tools) MS Office Suite (Excel, Word, PowerPoint), and other relevant tools., • Ability to handle a fast paced, deadline driven environment., • High level of attention to detail and accuracy., • Ability to multi-task and prioritize assignments while delivering consistent, quality work product., • Excellent verbal and written communication skills, • Ability to think independently while working within a group and to propose solutions to problems. Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the major responsibilities. While performing the duties of this job, the employee is regularly required to sit, stand or walk; use hands to finger, handle, or feel; reach with hands and arms; stoop or bend; and talk or hear. The employee must occasionally lift and/or move up to 50 lbs. Must have appropriate vision to see up close, and at a distance with ability to adjust vision and focus. Position Type/Expected Hours of Work This is a full-time position. Days and hours of work are Monday through Friday, 8:00 a.m. to 5:00 p.m. This position might require long hours and weekend work. Travel N/A Work Environment The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in some work environments can be moderate. Disclaimer The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted, as a comprehensive inventory of all duties, responsibilities, qualifications required of employees assigned to this job. EEO Statement Populus Financial Group is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. In compliance with applicable law, Populus Financial Group does not discriminate against any applicant or employee on the basis of race, color, religion, creed, sex, sexual orientation, gender (including gender nonconformity and status as a transgender or transsexual individual), national origin or ancestry, ethnicity, age, physical or mental disability, citizenship, past, current, or prospective service in the uniformed services, genetic information, pregnancy status, or any other protected classification. This policy applies to all terms and conditions of employment, including, but not limited to, hiring, training, promotions, discipline, compensation, benefits, and termination of employment.