Burlington Director, Counsel - Real Estate (Asset Management) in Burlington, New Jersey
LOCATION 1830 Route 130 North Burlington NJ US 08016
Bring your experience as a retail real estate attorney to a growing Fortune 500 retail company and certified Great Place to Work! Burlington Stores is a nationally recognized retailer of high quality, branded merchandise at everyday low prices, with over 900 stores in 46 states and Puerto Rico.
As the Director, Counsel – Real Estate (Asset Management), you’ll support the Company’s growing asset management function, representing the Company in the negotiation of strategic lease amendments, property management legal issues, facilities and insurance issues, sale of surplus properties, negotiating and managing subleases and owned properties, and counseling real estate asset management team in connection with all operational matters related to the Company’s existing store portfolio.
Our ideal candidate will have a minum of three years experience negotiating and drafting leases, purchase and sale agreements, ground leases, subleases, easements, covenants, conditions and restrictions, assignments and assumptions, financing and collateral documents such as guaranty, recognition and non-disturbance agreements, estoppels and other real estate documents .
Experience with a variety of facilities required, including, without limitation, shopping centers, enclosed and exterior malls, urban locations, strip centers, stand-alone retail locations, warehouses and distribution centers. Experience in a large law firm or corporate setting for a major retailer or shopping center REIT is preferred. JD from an accredited law school is required. Must be a member in good standing of at least one state bar with the ability to obtain New Jersey in-house certification if not admitted in New Jersey.
Major Duties and Responsibilities include:
Negotiate and document strategic shopping center lease and asset management agreements and amendments, including coordination with, and inclusion of, internal business partner input. This includes lease and store downsizing amendments, distribution center leases and lease amendments, and property management agreements.
Collaborate with asset management team to manage available term of existing stores and negotiate lease extensions as necessary to ensure seamless deployment of store relocations; coordinate necessary executive and financial approvals.
Work with asset management team, property management, facilities, store operations, real estate, lease administration and loss prevention groups to resolve problems with landlords, other tenants, subtenants, lenders, government entities, environmental protection agencies, OSHA and other third parties.
Negotiate purchase and sale agreements and leases for disposition of surplus property.
Deal with banks, institutional, and other lenders and debt and/or mortgage holders and holders of collateralized obligations. Supervise real estate paralegals in preparation and negotiation of estoppel and subordination/non-disturbance agreements.
Handle all other real estate related legal issues, including issues arising from CAM and tax audits, collection of tenant improvement allowances, transfers of titles and deeds, lease, mortgage and covenant restrictions, construction, mechanics’ liens, mortgage concerns, eminent domain, condemnation and zoning
Manage internal and external deal processes for Burlington’s store portfolio of 877+ locations, and drive continuous improvements and scalability in deal processes and execution. Advise Sr. Management on legal risks and recommend practical plans for managing those risks.
Liaise with other attorneys, outside counsel, government and municipal officials and internal departments
Assist in supervising and managing real estate paralegals
Support other real estate matters as needed
Come join our team. You’re going to like it here!
You will enjoy a competitive wage, flexible hours, and an associate discount. Burlington’s benefits package includes medical, dental and vision coverage including life and disability insurance. Full time associates are also eligible for paid time off, paid holidays and a 401(k) plan.
We are a rapidly growing brand, and provide a variety of training and development opportunities so our associates can grow with us. Our teams work hard and have fun together! Burlington associates make a difference in the lives of customers, colleagues, and the communities where we live and work every day. Burlington Stores, Inc. is an equal opportunity employer committed to workplace diversity.
Posting Number 2022-188648
Address 1830 Route 130 North
Zip Code 08016
Workplace Type On-Site
Position Type Regular Full-Time
Posted Date 2 months ago (10/10/2022 11:27 AM)
Career Site Category Corporate
Position Category Legal