Edgewood Properties

  • Commercial Lease Administrator

    Job Locations US-NJ-Piscataway
    ID 2018-2257
  • Overview

    Edgewood Logo

    Since its founding in 1992, Edgewood Properties has established itself as a leading real estate development and property management company. With corporate headquarters in New Jersey, the company is on a course of growth leading to activities across the nation. Given ongoing construction and development plans, our current apartment portfolio of 3,000 plus units is expected to double in the next couple of years and rise to over 10,000 units in the next five years. Given our rapid portfolio growth, coupled with ownership's desire to develop and hold rather than sell, the timing is ideal for qualified candidates to come on-board. 

     

    We're currently seeking a Commercial Lease Administrator for our multi-family portfolio of properties, with at least 3 years of industry experience. 

    Candidate will work full-time in our corporate office located in Piscataway, NJ. 

    Responsibilities

    • Prepare detailed Lease Summaries for new Leases and update for Amendments, Assignments, Renewals and Extensions
    • Input Lease Data to Accounting/Lease System
    • Ensure all Tenant files and folders are organized, updated and complete
    • Track critical dates such as contingencies, approvals, delivery dates and rent commencement dates
    • Work with the Construction and Property Management Teams for Tenant Fit-Outs and Delivery of Demised Premises; tracking critical dates, receipt of required documentation and ensure Landlord Work is completed per Lease and any required documentation is provided
    • Track Renewals and Lease Expirations, update management and Leasing Agents of upcoming expirations, send notices
    • Maintain and update Legal Entity and Property Address reports
    • Maintain and update vacancy/availability reports
    • Interpret and resolve complex lease issues
    • Assist Accounting Team with tracking required tenant sales reporting and percentage rent payments
    • Work with Finance and Accounting teams to ensure appropriate data is being captured for their purposes and prepare Tenant Data Sheet for new tenants
    • Review Tenant Allowance requirements and ensure required documentation is received
    • Ensure accuracy of square footage of all tenants and centers, work with Architects and Leasing Agents on square footage for potential tenants, maintain and update square footage reports
    • Review and process outside broker commission invoices, update commission log, review commission agreements
    • Prepare Estoppels and SNDA’s for refinancing and acquisitions
    • Perform due diligence on potential acquisitions

    Qualifications

    • At least a 2 year college degree
    • At least 3 - 5 years Commercial Lease Administration experience
    • Commercial Real Estate landlord side experience and development experience a plus
    • Excellent interpersonal skills, organizational skills and ability to multitask
    • Strong analytical and time management skills
    • Must be proficient in Word and Excel
    • MRI commercial systems required, Timberline-Sage knowledge a plus

    In return, we offer competitive compensation, along with comprehensive benefits, including medical and dental and vision benefits, life insurance, a 401(k) with company match and a corporate team environment with opportunity of advancement. Also includes on-site company fitness gym, discounts on housing and home appliances.



    For immediate consideration, please apply online.

     

    All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

     

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