Lease Administrator

About the role

Trader Joe's is a neighborhood grocery store with over 630 stores nationwide. We are looking for an experienced Lease Administrator to join our team in Monrovia, CA. This role is the primary internal and landlord liaison for the management of over 200 leased store locations and warehouses. The position requires at least 3 years of lease administration experience and a strong affinity for the Trader Joe's concept. A Bachelor's degree is strongly preferred. The role is based in our Monrovia office with an in-office expectation of 5 days a week.

Responsibilities

• Reviewing and processing all invoices, including rent and annual CAM/Tax/Insurance budgets and reconciliations
• Abstracting, interpreting, and summarizing retail and warehouse leases while inputting them into Tango, our lease management system, and maintaining all lease documentation
• Responding to all landlord billing/lease inquiries and correspondence
• Assisting in the insurance administration process associated with lease requirements
• Calculating and processing monthly percentage rent payments
• Collecting subtenant rent and billing for CAM reimbursements as required by leases
• Completing special projects as required
• Assisting in preparing waivers, SNDAs, estoppels, and amendments
• Obtaining landlord approvals for remodels and special projects
• Responding to internal requests for lease interpretations

Requirements

• Bachelor's degree required or equivalent work experience in a multi-unit real estate/property management environment
• Minimum 3 to 5 years of experience in lease administration for a multi-unit tenant
• Proficient in reviewing and interpreting lease documents
• Excellent analytical and organizational skills with strong attention to detail
• Ability to prioritize, multitask, and maintain flexibility in a fast-paced environment
• Effective communication and interpersonal skills
• Excellent computer skills, proficient in Microsoft Office applications
• Projectmates/Tango lease database software experience is highly desired

Schedule

This role is based in our Monrovia, CA office with an in-office expectation of 5 days per week.