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LINK Industrial Properties

Junior Lease Administrator

Salary
Competitive
Employment
Full Time
Real Estate Field
  • Accounting / Control
Location
Fort Washington
 PA
Postal Code
19034
Country
United States

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Description


Link Industrial Properties
Lease Administrator – Philadelphia Suburb Office

Company Overview:
Link Industrial Properties is Blackstone’s US industrial real estate operating platform. Link currently manages a national portfolio of high-quality, well-located industrial assets totaling over 180 million square feet throughout the U.S. To review the Company’s latest news release and other corporate documents, please visit the Company’s website at

Qualifications and Experience:

  • Associates or bachelor’s degree in business, Accounting, Finance or a Paralegal Certificate.
  • A minimum of 2 to 4 years’ experience in Commercial Lease Administration, Property Accounting, Property Management, Real Estate Law or related field.
  • Proficient in Microsoft Office (Excel, Word, PowerPoint) with Yardi or MRI database experience preferred.
  • Detail-oriented and results-oriented with a desire to learn and support new technologies and processes.
  • Ability to work independently, as well as part of a team. Strong analytical and organizational skills with the ability to set priorities, manage multiple projects, and meet deadlines.
  • Must have strong ability to interpret complex commercial lease language, related real estate documentation and have general property accounting knowledge in a fast-paced environment.
  • Must have excellent communication skills both verbal and written and the ability to effectively interface with all departments of the company in a highly professional manner.
  • Adaptability to changing demands.

Responsibilities:

  • Work closely with the Regional Lease Administrator on the day-to-day functions of lease administration, including but not limited to abstracting leases, review of existing and new lease reoccurring charges to ensure accuracy, CPI rent escalations, and tracking/monitoring critical lease dates.
  • Review new leases, amendments, assignments, terminations and other lease documents – prepare and/or review accurate and detailed lease abstracts including all critical dates and financial requirements, and resolution of lease compliance issues.
  • Coordinate and follow up with the Asset Managers and/or Property Managers regarding the verification of month to month tenants, move-in/out forms, holdover, Certificates of Insurance and other portfolio issues, as needed.
  • Assists with monitoring completion of Tenant Improvement projects for critical dates and the triggering of lease commencement/rent commencement.
  • Prepare, send and follow-up on all correspondence relating to tenant move in, rent commencement or as needed in conjunction with the processing of lease documents.
  • Update Lease Administration pipeline reports and add and maintain SharePoint (document warehouse system)
  • Maintain the integrity of the lease abstract database and regular review of reports to ensure accuracy of lease data.
  • Manage tenant contacts to update name and/or address change requests by reviewing and interpreting lease provisions and preparing documentation, if needed.
  • Work on special projects that may arise within the Lease Administration department.
  • Interact and work closely with Regional Lease Administrator, along with Asset Management, Property Management, AR/Collections, Construction and Accounting, as needed. This position reports directly to the Lease Administration Manager.

Compensation:

  • Competitive base salary, potential to earn annual bonus at company’s discretion.
  • Comprehensive employee benefits package.

We have an entrepreneurial approach that encourages high performers to contribute and grow.

Job Functions


  • Accounting / Control
  • Finance
  • Legal
 

Job Sector


  • Industrial
 

Experience


2+ to 5 years


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