Lease Administrator

Trader Joe's; California (MO); On-site; USD 60,000 - 85,000; Full time

Job summary

Trader Joe's is looking for an experienced Lease Administrator to manage leases for over 200 locations. The ideal candidate will have a Bachelor's degree and 3 to 5 years in lease administration, demonstrating analytical and organizational skills. Join Trader Joe's to contribute to an exciting retail environment and thrive in a fast-paced setting.

Qualifications

• 3 to 5 years of experience in lease administration for multi-unit tenants.
• Proficient in reviewing and interpreting lease documents.
• Excellent attention to detail and ability to multi-task.

Responsibilities

• Review and process all invoices including rent and tax budgets.
• Abstract and interpret retail and warehouse leases.
• Calculate and process monthly percentage rent payments.

Skills

Analytical skills

Organizational skills

Communication skills

Interpersonal skills

Education

Bachelor's degree

Tools

Microsoft Office

Projectmates /Tango lease database software

Job description

Who are we?

Trader Joe's is your favorite neighborhood grocery store! With over 580 stores nationwide (andgrowing), we are the place to be. Looking for something delicious and a friendly conversation? At Trader Joe's, you can find both. We love being your first and favorite place to shop.

What do we do?

Like shopping at Trader Joe's? Then, maybe you'll love working with us. We are looking for an experienced Lease Administrator who is searching to do what they'll love - retail and commercial real estate leasing! Do you have experience in lease administration? Do you love food? If so, read on! We may the role of a lifetime for you!

Trader Joe's is unlike any place you've ever worked. Trust us on that. The qualified individual has at least 3 years of lease administration experience and is a raving fan of the Trader Joe's concept. A Bachelor's Degree is strongly preferred. This role is based in our office in Monrovia, California.

The Lease Administrator is the primary internal and landlord liaison for the management of over 200 leased store locations and warehouses.

The Lease Administrator is responsible for:

• Review and process all invoices including rent and annual CAM/Tax/Insurance budgets and reconciliations.
• Abstract, interpret, summarize retail and warehouse leases while inputting them into Tango, our lease management system, and maintaining all lease documentation.
• Respond to all landlord billing/lease inquires and correspondence.
• Assist in the insurance administration process associated with lease requirements
• Calculate and process monthly percentage rent payments.
• Collect subtenant rent and bill for CAM reimbursements as required by leases.
• Complete special projects as required.
• Assist in preparing waivers, SNDAs, estoppels, and amendments.
• Obtain landlord approvals for remodels and special projects
• Respond to internal requests for lease interpretations

The Lease Administrator has:

• Bachelor's degree required or equivalent work experience in multi-unit real estate/property management environment.
• Minimum 3 to 5 years of experience in lease administration for a multi-unit tenant.
• Proficient in reviewing and interpreting lease documents.
• Excellent analytical and organizational skills with strong attention to detail.
• Ability to prioritize, multi-task and maintain flexibility in a fast-paced environment.
• Effective communication and interpersonal skills.
• Excellent computer skills, proficient in Microsoft Office applications.
• Projectmates /Tango lease database software experience highly desired.

We want to hear from you!

We get a lot of resumes; so to help us get to know you better, please submit your resume and cover letter. When creating your cover letter, please answer these questions:

• Do you have at least 3 to 5 years work experience in lease administration for a multi-unit tenant?
• What makes you uniquely qualified for this position?

Trader Joe's is an equal opportunity employer and is committed to hiring a diverse Crew.