Find a Career You’ll Love at Burlington Stores Inc.

Find a Career You’ll Love at Burlington Stores Inc.

Looking for a safe working environment, a flexible schedule – and a terrific discount? Come join our growing team at one of our new stores nationwide.  Learn More

Job Information

Burlington Lease Administration Specialist (Hybrid) in Burlington, New Jersey

LOCATION 1830 Route 130 North Burlington NJ US 08016
Overview

Bring your experience 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 800 stores in 45 states and Puerto Rico, and we are seeking a Lease Administration Specialist to join our team.

Our Lease Administration Specialist is responsible for assisting in all areas of responsibilities to manage the Burlington / Tenant / Sub-tenant relationship for over 790 retail locations from lease inception through termination. Primarily focusing on Abstracting to ensure all Lease data is accurately entered into the company’s software system.

Responsibilities include:

  • Abstract New Leases, Amendments, and all other lease related documents

  • Responsible to maintain the Lease Management System and lease files. Scan and index all lease related documents in electronic file as necessary

  • Interpret, administer, and enforce lease covenants and provisions to all lease agreements and ensure their complete compliance. Assist internal partners with lease interpretation and analysis as required

  • Track and maintain lease expirations, renewal options and all critical dates and review such data with Management regularly

  • Initiate and maintain all Landlord critical date notifications including lease renewals, terminations, estopples, SNDA’S and all related agreements

  • Initiate and process monthly rents and rent increases throughout the lease term. Generate, review, and maintain setup of monthly occupancy costs

  • Prepare ownership change documentation for legal authorization and maintain such department vendor data in accordance with SOX compliance

  • Communicate and create reports as requested by Real Estate, Legal, Construction and other Departments as required

  • Review Landlord opening co-tenancy requirements and monitor ongoing shopping center co-tenancy for violations

  • Assist the Real Estate Team as necessary with information required in the decision-making process for new and relocated store growth and potential sub-tenants

  • Manage subleases and oversee the collection of Rent & Additional Rent, including but not limited to Common Area Maintenance, Real Estate Tax, Insurance, Utility, etc. Oversee the collection of all TI Reimbursements

  • Work with the Legal Department to resolve Tenant / Landlord disputes / Insurance claims and defaults as necessary

  • Maintain insurance certificate compliance as required

  • Identify, execute and/or support PIC initiatives

Requirements:

  • Bachelor’s Degree or equivalent work experience

  • Ability to negotiate with solid customer service Landlord/Tenant relation skills

  • Lease Administration and or Legal experience preferred

  • Proficient in Microsoft Office specifically Word and Excel

  • Experience with Lucernex and Oracle preferred

Burlington is committed to being an employer of choice. We offer a competitive wage and benefit package including a generous paid time off plan, a company matched 401(k) and an associate discount. Our associates make a difference in the lives of customers, colleagues, and our communities through various social responsibility initiatives. As a growing company, we offer a variety of professional development and career growth opportunities. Burlington Stores is an equal opportunity employer committed to workplace diversity.

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Posting Number 2022-184692
Location US-NJ-Burlington
Address 1830 Route 130 North
Zip Code 08016
Workplace Type Hybrid
Position Type Regular Full-Time
Posted Date 8/5/2022 9:53 AM
Career Site Category Corporate
Position Category Real Estate/Store Development
Evergreen Yes

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