Real Estate Counsel (Leasing)
Precisesource, a national search firm is currently recruiting for a Senior real Estate Counsel that specialize in commercial leasing to work for our client, a privately held national commercial real estate developer and landlord. This opportunity can be onsite at either their Tampa Bay, FL office or Raleigh NC office OR fully remote. This is an excellent opportunity to join an in-house team to work on leasing deals and other transactional commercial real estate matters nationally. Our client has properties in 30+ states and are continuing to expand their portfolio in mixed-use, grocery-anchored centers, office and industrial. This is a full-time permanent opportunity offering a competitive salary (negotiable), annual bonus, full benefits and 401k match.
Principle Duties & Responsibilities
- Communicate with leasing agents regarding lease documents and deals made with tenants or proposed tenants. Assist leasing agents with prospective tenant proposals, including LOI’s and check restrictions. Meet with leasing agents to review lease terms, status.
- Present proposed and existing lease deals, lease modifications and completed leases, and react/respond to changes as requested.
- Negotiate leases, lease amendments, waivers, subordination agreements, estoppels and termination agreements with tenants, attorneys and brokers. Draft and revise leases and lease amendments for new and existing tenants. Collect information and exhibits from other departments for final lease review. Provide information and direction to administrative staff in implementing lease terms (i.e. providing dates necessary for lease commencement) Answer questions regarding leases.
- Assist in preparing purchase and sale contracts. Work on due diligence requirements in preparing for closings.
- Negotiate ancillary lease forms, such as waivers, subordination agreements, estoppels, termination agreements, rental agreements, etc.
- Maintain awareness of lease terms, obligations and responsibilities required in each lease (such as meeting penalty and dead dates), and exclusives and restrictions to avoid violations of existing leases.
- Prepare post lease execution documents such as waivers, SNDA’s and TI allowance.
- Provide assistance to departments regarding insurance claims, lease claims and tenant disputes regarding lease terms and collections.
- Assist in handling all aspects of eminent domain matters. Assist with all aspects of complying with and applying for government incentive (i.e. Industrial Development Agency benefits).
- Insure completion of weekly lease listing.
Qualifications
- J.D. required, in addition to 3+ years practicing law.
- Specific knowledge & experience in commercial real estate leasing.
- Experienced in contract negotiations.
- Excellent communication skills, both written and verbal a necessity; proficiency in Microsoft Office applications; Proven ability to multitask, managing multiple real estate files in an effective an efficient manner.
Job Type: Full-time
Pay: $175,000.00 - $225,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Experience:
- Real estate law: 3 years (Required)
Work Location: Remote