Commercial Lease Administrator
Company: Addison Group
Location: Reston
Posted on: May 12, 2022
Job Description:
Job DescriptionTitle: Commercial Lease Administrator Pay: $70000
- $90000 / yearType: Direct HireProcess: in-person interview
in-officeLocation: 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 clientsExperience:
- 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 #zr7
Keywords: Addison Group, Reston , Commercial Lease Administrator, Other , Reston, Virginia
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