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in Burlington, NJ
Sr. Lease Admin Specialist - Full-time / Part-time
•30 days ago
Hours | Full-time, Part-time |
---|---|
Location | 1830 Route 130 North Burlington, New Jersey |
About this job
Shift: First
Status:
Bring your passion for fashion to today's Burlington Stores, Inc. If you are interested in a career in retail, consider joining one of the largest off price retailers of apparel and home furnishings in the nation. We always have a large selection of quality name brand merchandise at huge savings; coats, clothing and shoes for the whole family, fashionable accessories, home decor, and everything for baby. Burlington means one-stop shopping for labels you love at prices you love even more. With more than 590 stores, we're always looking for good talent that can drive results.
Position Summary:
The Lease Administrator’s responsibility is the timely and accurate lease abstracting, data processing, file maintenance and review of all leases, renewals, amendments, change of ownerships and required notifications to ensure compliance of Landlord and Tenant financial obligations in over 500 Burlington leases.
Responsibilities:
Monitor and maintain lease data base accuracy within the Lucernex system
Work with Landlord’s and corporate partners as required to resolve any financial issues relative to rents, co-tenancy, liquidated damages, tenant allowances or other financial obligations within the lease.
Prepare lease abstracts within the Lucernex system and work with 3rd party vendors, if required, as well as Legal partners to enhance and maintain a robust data base for enhanced reporting capabilities
Maintain all lease documentation , landlord correspondence, change of ownership, certificates of insurance required to administer the leases
Monitor and report on critical dates , to include; lease expirations, renewal options, termination periods, and proactively advise management
Prepare notification documents as required under the lease for renewal / termination, etc. working with Legal partners - Estoppel and SNDA agreements - working with Legal, Real Estate and Facility partners to assure accuracy of information
Maintain Real Estate and Personal Property Insurance requirements under the leases - partnering with various team members throughout the organization to insure we sustain adequate coverage pursuant to the Lease Agreements - maintain the distribution of all Landlord certificates of insurance
Invoice Landlords for Tenant Improvement Allowances - communicating with Landlords and partnering with Real Estate, Legal and Construction for the prompt collection of funds
Scope and Impact:
Managing critical dates and the accuracy of information within the Lease system database is critical to maintaining our lease obligations and securing renewal options. This is an important role within the Lease Administration department that will work closely with Real Estate, Legal, Construction and Finance partners.
Education:
• Bachelor’s degree or equivalent work experience
Experience:
• Minimum 10 years’ experience
Skills and Abilities:
• Knowledge of Real Estate leasing – the lease and ancillary real estate documents
• Ability to work independently with great attention to detail and financial accuracy
• Highly organized and skilled with time management
• Ability to be flexible with a strong commitment to a deadline oriented environment
• High energy and professional attitude – ability to work well with business partners throughout the organization
• Integrity, passion and a positive work ethic
• Strong presentation, negotiation, and communication skills
• Strong customer service Landlord/Tenant relation skills
• Proficient in Microsoft Office, specifically Word and Excel
• Experience with Lease Data Base and Payable systems - Oracle & Lucernex preferred
Physical Requirements:
• Able to sit for long periods in a cubicle
• Lifting 10 LBS
• Periodic / occasional travel may be required
Our ideal candidates will be self motivated, team players, who have the desire to succeed. We care about our employees, have a supportive environment that values trust and respect, offer a competitive wage and benefits package that includes a generous paid time off plan, plus an associate discount, and a company matched 401(k) to name a few.
Burlington Stores, Inc. is an equal opportunity employer committed to workplace diversity.
Come join our team. You’re going to like it here!