Commercial Lease Administrator
Addison Group
Reston, VA, United States
$70K-$90K a year
Permanent
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Title : Commercial Lease Administrator
Pay : $70000 - $90000 / year
Type : Direct Hire
Process : in-person interview in-office
Location : Vienna, VA
Position is in-office 5 days / week with potential for hybrid 2-3 days per week
Responsibilities :
- Abstract and set up all commercial Lease documents (New Leases, Amendments, Terminations, Assignments, Subleases etc.) once fully executed in MRI & Yardi.
- Prepare rent commencement letters, calculate prorated amounts and work closely with accounting to post rent commencement charges to the tenant ledger
- Manage, update and provide support to various departments regarding database accuracy
- Monitor leases to ensure critical dates are met (renewals, terminations, etc).
- Annual reconciliation of CAM, taxes and insurance
- Maintain lease terms in database and ensure accuracy for monthly billings, annual increases, collections, percentage rent calculations, etc.
- Process tenant move-in and move-outs within database
- Work closely with property accounting in preparing annual budgets
- Resolve tenant / landlord lease interpretation discrepancies
- Develop and maintain accurate records and files for all leases
- Continuous monitoring of system information for accuracy, including but not limited to, rent roll validation, square footages, aged delinquencies, etc.
- Work closely with leasing / legal personnel to update lease forms as the industry dictates
- Provide and maintain excellent customer service for both internal and external clients
Experience :
- Over 3 years of relevant experience in commercial real estate lease administration or related field such as commercial real estate accounting or property management
- Strong experience with budgeting and reconciliations
30+ days ago