Retail Lease Administrator

1 week ago


Mississauga, Canada Morguard Full time

PURPOSE

The Retail Lease Administrator is accountable to the Manager, Retail Lease Administration for supporting the activities aimed at protection of interests of the company and its clients against risks associated with lease documentation by participating in the process of preparation, negotiation, revision and coordination of various lease and lease-related documentation.

DUTIES AND RESPONSIBILITIES
- Preparation and Review of Lease and Lease-Related Documentation

Prepares, revises, negotiates, where required, and sees through to execution lease agreements working under the supervision of the Manager and, as needed, in collaboration with external contacts such as tenant, tenant representatives, tenant legal counsel, etc., soliciting input, where required, from their Manager and internal/external legal counsel to ensure the lease documentation reflects the leasing intent and lease documentation related risks are minimized
- Documentation Related Services

Reviews and provides feedback for Offers to Lease and Letters of Intent, as required, to ensure consistency of lease documentation and minimization of risks related to the conflict between a leasing intent and wording used in lease documents.
- Lease Due Diligence

May contribute to dispositions and financing due diligence by ensuring that purchasers and/or lenders receive all current lease documents and any lease related documentation completed during and conditional period to ensure the owners meet the requirements of the disposition/financing process. Assists in the preparation and collection of estoppel certificates.
- Lease Documentation Reporting

Maintains tenant lease document status report for use by Retail Leasing, Retail Lease Administration, and other internal groups.

Any other job related duties and/or projects that may be assigned.

MINIMUM REQUIREMENTS

**Skills, Knowledge, Experience and Education**
- Paralegal diploma or Bachelor’s degree in Business or equivalent experience
- Minimum 2 years of practical experience in retail real estate industry
- Knowledge of a commercial lease
- Knowledge of retail industry and shopping center environment

**Core Competencies**
- Excellent attention to detail
- Excellent critical review skills
- Excellent analytical skills and systematic thinking
- Good communication skills both verbal and written
- Good drafting skills
- Ability to work efficiently as a member of a team
- Ability to deliver quality results under pressure and within tight deadlines
- Good negotiating skills
- Strong customer service focus
- Ability to work effectively in a professional manner with employees at various levels of the organization.

Morguard is a fully integrated real estate company. We own, manage and invest in high-quality, well-located, geographically diversified assets across North America. We have built our business with strong leadership and a proven management platform that have generated substantial, risk-adjusted returns - and significant long-term growth. With more than 40 years of experience and a dynamic team of 1,500 professionals, our commitment is to realize the potential of real estate through value creation and operational excellence.

**Subject to legally permissible exceptions or accommodation requests, Morguard requires that all new hires be fully vaccinated, as defined by Public Health, for COVID-19 on their first day of the assignment. Unless a valid Human Rights exemption applies, the vaccine requirement will be a condition of employment with Morguard and you will be required to submit your documented proof of vaccination. Should you require an accommodation as set out by the



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