Paralegal - Real Estate

Marc Realty LLC; Chicago (IL); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Competitive salary

Health benefits

401K

Flexible spending

Generous time off

Tuition assistance

Career growth

Work-life balance

Job summary

Marc Realty LLC in the Chicago metropolitan area seeks a driven real estate paralegal to manage and administer commercial lease agreements across its portfolio. You will review, draft, and negotiate leases and provide support through the leasing process.

The role involves due diligence for acquisitions and dispositions, data entry in property management systems, and collaboration with property management, brokerage, and accounting teams. A certificate and CRE experience are preferred.

Qualifications

• ABA-approved paralegal certificate or equivalent combination of education and experience.
• Minimum of 3 years of experience in commercial real estate matters, preferably within a law firm or in-house legal team.
• Strong knowledge of commercial contracts, preferably familiarity with commercial leases and real estate legal terminology.
• Familiarity with lease management software and databases, preferred.
• Experience assisting with commercial real estate acquisitions and dispositions, preferred.

Responsibilities

• Draft, review, and revise commercial lease agreements, amendments, termination agreements, legal notices, and other related documents.
• Assist in preparing redlines, formatting revisions, and incorporating attorney and business feedback into updated drafts.
• Enter and update lease data in property management software systems and create lease abstracts.
• Track lease transaction status and maintain leasing pipelines to ensure deadlines are met.
• Liaise with property management, brokerage, and accounting teams to address lease-related inquiries and resolve open issues.
• Coordinate the execution of lease documents between tenants and property owners.
• Help maintain and update contract templates and clause libraries.
• Assist with due diligence review for acquisitions, dispositions, and property financing transactions.
• Provide general administrative support to the leasing team as needed.

Skills

Organizational skills

Communication skills

Negotiation skills

Multitasking

Attention to detail

Education

ABA-approved paralegal certificate

Tools

Lease management software

Microsoft Word

Microsoft Excel

Outlook

Job description

Marc Realty is a full-service commercial real estate company that prides itself on owning, managing and leasing the best-located office buildings in the Chicago metropolitan area. We are looking for a driven and detail-oriented paralegal to join our growing team.

POSITION OVERVIEW:

As a real estate paralegal, you will be primarily responsible for managing and administering commercial lease agreements for Marc Realty’s property portfolio. This includes reviewing, drafting, and negotiating lease contracts, and providing support throughout the leasing process. You will also assist with acquisitions, dispositions, and other commercial transactions, as needed. The ideal candidate will be organized, proactive, and have a strong understanding of commercial contracts.

RESPONSIBILITIES

• Lease Drafting/Negotiation/Administration:
• Draft, review, and revise commercial lease agreements, amendments, termination agreements, legal notices, and other related documents
• Assist in preparing redlines, formatting revisions, and incorporating attorney and business feedback into updated drafts
• Lease Data Entry & Reporting:
• Enter and update lease data in property management software systems
• Review and analyze executed lease documents and create lease abstracts, summarizing final lease terms
• Track lease transaction status and maintain leasing pipelines to ensure deadlines are met
• Liaise with property management, brokerage, and accounting teams to address lease-related inquiries and resolve open issues
• Document Management:
• Ensure all lease-related documents are properly filed, organized, and accessible
• Coordinate the execution of lease documents between tenants and property owners
• Help maintain and update contract templates and clause libraries
• Acquisition/Disposition Assistance:
• Assist with due diligence review for acquisitions, dispositions, and property financing transactions
• Other Administrative Support:
• Assist attorneys with corporate, real estate, and contract-related projects
• Provide general administrative support to the leasing team as needed

EDUCATION EXPERIENCE:

• ABA -approved paralegal certificate or equivalent combination of education and experience
• Minimum of 3 years of experience in commercial real estate matters, preferably within a law firm or in-house legal team
• Strong knowledge of commercial contracts, preferably familiarity with commercial leases and real estate legal terminology
• Familiarity with lease management software and databases, preferred
• Experience assisting with commercial real estate acquisitions and dispositions, preferred

OTHER SKILLS AND ABILITIES:

• Excellent organizational, communication, and negotiation skills
• Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment
• Proactive and detail-oriented with a strong focus on accuracy
• Strong problem-solving skills and ability to handle sensitive matters with discretion
• Proficiency with Microsoft Word, Excel, Outlook, and Windows-based software

WHY JOIN US?

• Competitive Salary: We offer a competitive salary based on experience.
• Benefits: Comprehensive health benefits, 401K, flexible spending, generous time off policies, tuition assistance
• Career Growth: Opportunities for advancement within a growing company
• Work-Life Balance: Flexible working arrangements and a supportive team environment