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Senior Lease Administrator

Department: Vienna
Location: Vienna, VA

TSCG, a privately held commercial real estate company, is looking for a Senior Lease Administrator to join our growing team! This position is located in Vienna, Virginia near Tyson’s Corner. This position is hybrid with an on-site requirement.

Since 1984, our retail real estate platform has provided a full assortment of advisory services to tenants, landlords, developers, investors, and financial institutions throughout our territory. Our work on their behalf is dedicated to the validation of those descriptions. With 21 offices throughout the eastern U.S., we are the largest firm in our field in the United States.

Why You’ll Love Working Here

TSCG fosters a learning and open-door environment where the sky is the limit for what you can learn and how you can contribute to the team. We have a competitive benefits package with generous PTO, and you’ll always hear our Executives say, “Don’t miss your daughter’s game or that birthday dinner for your mom tonight!” We support each other and have a commitment to being the best that we can be and exceeding expectations.

TSCG celebrates our diversity and individual distinctiveness. We commit to working together in harmony to support our families and our communities, driving innovation in a highly competitive environment.

Qualifications

  • BS or BA degree preferred.
  • Minimum of 3 to 5 years related experience in commercial or retail real estate lease administration.
  • Strong financial/analytical skills with the ability to interpret complex commercial lease language.
  • Candidates with accounting and paralegal training and background are preferred.
  • Extremely organized, detail-oriented, self-directed, motivated, goal and objective-oriented with the ability to problem solve and meet tight deadlines.
  • Ability to thrive in a fast-paced, demanding work environment with quickly changing priorities.
  • Excellent oral and written communication skills and with strong work ethic and a can-do attitude.
  • High proficiency in MS Office products.
  • Experience with MRI, Yardi or comparable software database is desirable.
  • Excellent customer service skills and able to fit in and provide excellent problem-solving skills.

Summary of Responsibilities

  • Manage a commercial real estate portfolio mix of retail, office, and industrial leases.
  • Interpret and analyze pertinent lease information outlined in Lease documentation.
  • Process lease documents by managing critical dates (delivery/possession/rent commencement/lease expiration) and review and approval of lease abstraction into the applicable database (Yardi/MRI).
  • Calculate, review, and approve annual, semi-annual, or quarterly CAM, tax, and insurance reconciliations using Yardi, MRI and Excel. Adhere to strict deadlines for completing reconciliations.
  • Prepare, review, and approve annual budgets for Operating Expense and Real Estate Tax recoveries.
  • Draft Critical Date Lease Exhibits once pertinent Term dates are determined to Amend the Lease record as applicable.
  • Communicate & interact with assigned internal and external clients and comply with applicable client procedures.
  • Research Tenant account billing inquiries with internal and external parties.
  • Maintain and monitor critical dates to track date-sensitive lease requirements.
  • Complete final tenant account reconciliations, including Security Deposit refunds, Move-outs, and Tenant account write-offs.
  • Review and approve monthly gross sales, percent rent tracker, rent roll, and lease expiration reports.
  • Play key role in handling questions on CAM expenses reconciliations and audits.
  • Process Estoppels and SNDA’s as requested by ownership.
  • Work closely with the PM teams to streamline processes and increase efficiency.
  • Carry out any other lease administration duties as assigned by the department leads.

TSCG ESG Statement

It is TSCG’s vision to preserve and grow a multi-generational real estate services firm with long-term sustainable priorities for its stakeholders, clients, properties, and business operations. This will only be achieved through each owner, manager and/or employee doing their part to promote these priorities and adhere to these objectives. Environmental, Social, and Governance (ESG) principles are integrated into every facet of the company. As we review opportunities, investments, or proposals for our key service lines, and/or work with our landlord, investor or occupier clients, we commit to ensuring that we are consistently meeting the defined expectations. By including all three elements of ESG into the investment, client, and management processes, we will be better equipped and suited to create value, reduce risk, enhance client returns, all while providing a positive workplace for the team.

TSCG Diversity, Equity, and Inclusion Statement

TSCG’s commitment to being the best that we can be and exceeding expectations starts with our people. We accomplish this by striving to create an inclusive environment that promotes and embraces all talents, perspectives, and experiences as vital components of our mission. The result is a multi-generational organization that celebrates our diversity and individual distinctiveness. We commit to working together in harmony to support our families and our communities, driving innovation in a highly competitive environment.

TSCG is an affirmative action, equal opportunity employer and does not discriminate on the basis of race, color, sex, religion, national origin, age, disability, citizenship status, or any other basis protected under applicable federal, state, or local law.

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