Strategic Lease Negotiator for Real Estate Portfolio

O'Reilly Auto Parts; Springfield (MO); On-site; USD 65,000 - 85,000; Full time

Benefits offered by this job

Competitive wages

401k with employer contributions Start

Medical, Dental, Vision Insurance with

Tuition assistance

Opportunities for career growth

Job summary

O'Reilly Auto Parts seeks a Property Management Lease Negotiator to engage landlords in contract negotiations using market data to obtain favorable lease rates and terms for current stores and expansions.

You will draft lease modifications, coordinate approvals, and support real estate teams across relocations and lease actions with internal counsel and cross-department collaboration.

Qualifications

• Bachelor’s degree or equivalent Real Estate experience.
• Commercial real estate experience, preferably with national credit leasing portfolios.
• Computer literate with Word, Excel, organizational and problem-solving skills.
• Must be dependable.
• Good customer service skills.
• Ability to convey information through written and spoken communication.
• Ability to work independently, multi-task, prioritize and meet deadlines.

Responsibilities

• Engage existing Landlord relationships in negotiation over contracted rates and terms.
• Research market rental rates and current market conditions.
• Leverage tenant credit, relocation opportunities and positioning to reduce occupancy costs.
• Draft and prepare lease modifications for existing store sites as necessary.
• Negotiate other various projects such as early termination, store expansions and store additions.
• Monitor Right to Terminate and other critical issues in conjunction with Lease Administration.
• Monitor Lease option notice dates with the status of relocations and report to the Lease Review Committee for direction and approvals.
• Coordinate with in-house legal counsel during negotiations for approval of Lease language.
• Communicate with other sub departments of Real Estate and research assistant to determine market rents and relocation possibilities.
• Assist Property Manager and Director of Property Management as needed on property and Lease issues.

Skills

Real estate experience

Independent work

Communication

Customer service

Problem solving

Time management

Education

Bachelor’s degree or Real Estate experience

Tools

MS Word

Excel

Job description

O'Reilly Auto Parts seeks a Property Management Lease Negotiator to engage landlords in contract negotiations using market data to obtain favorable lease rates and terms for current stores and expansions.

You will draft lease modifications, coordinate approvals, and support real estate teams across relocations and lease actions with internal counsel and cross-department collaboration.