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Burlington Lease Administration Specialist in Burlington, New Jersey

LOCATION 1830 Route 130 North Burlington NJ US 08016
Overview

If you want an exciting job with one of the largest off-price retailers in the nation, join the Burlington Stores, Inc. team as a Lease Administration Specialist! As a Lease Administration Specialist, you will be responsible for assisting in all areas of responsibilities to manage the Burlington / Tenant / Sub-tenant relationship for over 680 retail locations from lease inception through termination. Primarily focusing on Abstracting to insure all Lease data is accurately entered into the company’s software system.
Lease Administration

  • 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 violation

  • 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

Associates must have a Bachelors degree or equivalent work experience
Skills and Abilities:

  • Ability to work effectively with little or no supervision

  • Highly organized and skilled with time management

  • High energy and professional attitude

  • Integrity, passion and a positive work ethic

  • Excellent written and oral communication skills

  • Good negotiation skills

  • Strong customer service Landlord/Tenant relation skills

  • Lease Administration and or Legal experience preferred

  • Work closely with principals of Burlington and the Landlord offices

  • Proficient in Microsoft Office specifically Word and Excel

  • Experience with Lucernex and Oracle preferred

If you…

…are excited to deliver great values to customers every day;

…take a sense of pride and ownership in helping drive positive results for a team;

…are committed to treating colleagues and customers with respect;

…believe in the power of diversity and inclusion;

…want to participate in initiatives that positively impact the world around you;

Come join our team. You’re going to like it here!

You will enjoy a competitive wage and comprehensive benefit package including a generous paid time off plan, a company matched 401(k) and an associate discount. We are a rapidly growing brand, and provide a variety of professional development opportunities so our associates can grow with us. We 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.

Today's Date 10/8/2020
Posting Number 2020-138822
Location US-NJ-Burlington
Address 1830 Route 130 North
Zip Code 08016
Position Type Regular Full-Time
Career Site Category Corporate
Position Category Real Estate/Store Development
Evergreen Yes

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