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Lease Administrator

Job Description - Lease Administrator

Role summary

Manage the end -to -end lease administration lifecycle for a
portfolio of retail locations. Ensure lease data accuracy, compliance with
lease terms, timely rent and additional rent processing, and strong landlord
communication. Partner cross -functionally with Accounts Payable, Real
Estate/Dealmaking, Legal, and Facilities to resolve issues quickly and protect
the business.

 

Job Description:

  • Lead
    and support a distributed Lease Admin/Legal support team: training,
    workload management, SOP updates, escalations, and inbox management (Lease
    Admin + ACH).
  • Review
    and reconcile landlord statements and budgets (CAM/NNN); update expense
    ranges and lease system data after verification.
  • Manage
    annual reconciliation processes: validate parcels/GLA/taxes, track
    disputes, and escalate unresolved issues appropriately.
  • Abstract
    leases, amendments, renewals, financial data
  • Oversee
    lease abstraction quality: confirm key dates, dollars, options, renewals,
    escalations, operating expenses, and critical terms; resolve discrepancies
    with landlords.
  • Maintain
    lease records in the lease system (dates, schedules, options, expenses);
    audit portfolio data (square footage, payees/remittance, escalations) to
    reduce errors.
  • Requires
    continuous communication and follow up with landlord regarding any rental
    & lease obligations
  • Calculate
    and confirm base rent, additional rent, escrows, credits, abatements, TI
    credits, reimbursements, and security deposit credits per lease terms.
  • Partner
    with Accounts Payable to submit payment requests, resolve
    exceptions/returned payments, and ensure accurate payee/ACH setup.
  • Serve
    as a primary landlord contact for remittance changes, payment timing,
    documentation requirements, and issue resolution.
  • Track
    defaults, negotiate/coordinate late -fee waiver requests when appropriate,
    and maintain accurate ledgers and case documentation.
  • Manage
    mail/document routing (statements, COIs, legal notices, utilities, etc.)
    to ensure timely handling and recordkeeping.
  • Support
    vacates track deadlines, issue vacate notices, confirm receipt, and update
    closure dates in the system.

 

 



Requirements


Qualifications:

  • 3 -5
    years lease administration experience
  • Proven
    experience in retail/commercial lease administration (portfolio
    environment preferred).
  • Strong
    knowledge of rent schedules, escalations, CAM/NNN, statement review, and
    annual reconciliations.
  • High
    attention to detail, strong follow -through, and ability to manage
    competing priorities.
  • Clear,
    professional communication skills with landlords and internal
    stakeholders.
  • Comfort
    working with finance/AP processes and resolving payment exceptions.
  • Experience
    with Leasing software, Great Plains, and AP ticketing/case workflows.
  • Strong
    Excel/Sheets skills for tracking, reconciliation, and reporting.


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