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Realty Income Corporation

Legal Counsel

Salary
$75,000-$99,999
Employment
Full Time
Real Estate Field
  • Finance / Investment
Location
San Diego
Region
CA
Postal Code
92130
Country
United States

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Description


Realty Income is an S&P 500 company located in San Diego. Founded in 1969 and listed NYSE since 1994, we have delivered compound average annual total returns of ~16%. Realty Income owns more than 5,600 commercial real estate properties with an enterprise value of over $22 billion. Our tenants include companies such as Walgreens, FedEx, Treasury Wine Estates, 7-Eleven and Lifetime Fitness. In aggregate, we have tenants operating in nearly 50 industries across 49 states and Puerto Rico. Our company attracts individuals who value integrity, perseverance, and teamwork. If you appreciate working in a professional environment that rewards employees based on meritocracy and values a work-life balance, make sure to apply today! We are expanding our legal team and seeking a new Legal Counsel to support our Portfolio Management team. The Legal Counsel will provide professional legal counsel for management of the Company s national portfolio of properties, including assistance to Portfolio Management ( PM ) and Lease Administration ( LA ) on a broad range of legal matters; supervise and administer all necessary legal services in assigned matters, in conjunction with other in-house attorneys, paralegals or outside counsel as required; and provide legal advice to relevant decision makers throughout the Company. Primary duties for the Legal Counsel include:
  • Draft and negotiate landlord-tenant lease administration documents, manage and close leasing transactions.
  • Draft and negotiate documents of varying complexity for dispositions, manage and close individual and bulk sale and exchange transactions.
  • Draft, negotiate, analyze and interpret REA documents and other similar title documents.
  • Draft, negotiate, analyze and interpret documents relating to condemnations, easements, rights of way, oil and gas lease agreements, and similar agreements affecting title and access.
  • On a project-specific basis, supervise paralegals in connection with pending matters.
  • Consult with PM and LA on various matters. Draft appropriate documentation, conduct negotiations, and retain and supervise outside counsel when necessary.
  • Review due diligence materials for disclosure to prospective buyers and tenants.
  • Review, investigate, and document tenant mergers and acquisitions.
  • Draft and negotiate legal documents with third parties (e.g., property management agreements, contractor and vendor agreements, property compliance documents such as permits).
  • Review and process notices from governmental entities regarding zoning, public improvements and other property-related matters.
Secondary duties include, but are not limited to:
  • Assist in the development and efficiency of the Legal-PM group by helping prepare resources (upon request) and making presentations to the group;
  • Review, draft, and negotiate documents related to portfolio acquisitions, and oversee paralegals in coordinating escrow closings.
  • Review, evaluate and approve information and reports received in connection with portfolio acquisitions.
  • Assist with tenant bankruptcies.
  • Handle miscellaneous title issues, including scheduled title reviews.
  • Review and interpret mortgage documents as necessary, including seeking lender consent when appropriate.
  • General document review and drafting.
  • Routine advice/counsel to all departments on legal matters.
  • Handle miscellaneous and various corporate legal matters and shareholder issues as requested.
  • Manage and/or monitor environmental issues in connection with PM projects in conjunction with Risk Management and/or PM, as applicable. Review and analyze environmental reports.
  • Prepare presentations and provide training to property management, lease administration, interns, paralegals and others, as requested by General Counsel or VP-AGC.
  • Special projects and duties as assigned.
Education, Certifications, and Experience:
  • A Juris Doctorate degree with proven academic success from an accredited law school;
  • Minimum of 0-3 years of relevant or on-point legal experience; and
  • Any combination of training, experience, skills and other characteristics that would provide the requisite knowledge and abilities in support of the essential job functions.
  • Membership in State Bar of California.
Knowledge, Skills, and Abilities:
  • Excellent written and verbal communication skills; ability to communicate complex ideas and issues clearly and concisely.
  • Ability to read, analyze and interpret legal documents and agreements.
  • Ability to effectively identify, research and analyze legal issues, assess potential exposure, propose alternative courses of action and make well-reasoned recommendations.
  • Ability to effectively manage time, handle multiple projects concurrently, work under pressure and meet deadlines.
  • Ability to establish and maintain effective working relationships, and to function effectively as part of a team.
  • Ability to supervise paralegals on assigned matters.
  • Ability to actively listen to others, understand their position and respond appropriately.
  • Adaptability to diverse legal issues and areas of legal practice.
  • Self-motivated; detail-oriented, accurate, organized, reliable and flexible.

Job Functions


  • Acquisitions
  • Legal
  • Portfolio Management
 

Job Sectors


  • Industrial
  • Office
  • Retail
 

Experience


Less than 1 year


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