Jobs · Accounting · Illinois

Real Estate Transaction Specialist

Northern Trust · Chicago, IL · 1 wk ago
HybridAccounting$115k–$195k/yrFull-time

About the role

Lead end-to-end on time execution of real estate transactions, including: Lease renewals, renegotiations, restructures
New site acquisitions and dispositions, expansions, contractions, and early terminations
Develop and implement transaction goals aligned with portfolio and business objectives
Manage external brokers and advisors to ensure optimal negotiation outcomes
Oversee lease administration inputs, critical dates, and documentation accuracy

Responsibilities

  • Financial Analysis & Deal Structuring: Develop financial models comparing scenarios and alternative workplace strategies
    Analyze total occupancy cost, rent, operating expenses, capital exp, and incentives
    Prepare business cases and funding requests with clear ROI and risk factors
    Benchmark deal terms and market conditions to support negotiation strategy
  • Stakeholder Management: Direct responsibility for developing governance meetings, presentations, documentation and materials in support of timely stakeholder management
    Partner with business leaders to review space demand projections, and operational needs
    Collaborate with Workplace Services leadership for direction on enterprise alignment including: Facilities Management (day to day issues, property coordination and future improvements)
    Project Management (for build-outs and delivery timelines)
    Lease Administration, Legal and Finance (Documentation, critical dates, etc)
  • Governance, Compliance & Risk Management: Ensure transactions comply with internal policies, approval processes, and governance
    Manage key risks including financial exposure, lease obligations, and timing dependencies
    Maintain documentation for audits and internal reporting requirements

Requirements

Corporate real estate experience required with time spent inside a corporate organization as an end-user.
In-depth Functional / Industry Knowledge is required
Proven experience developing governance meetings, presentations, documentation and materials in support of stakeholder management.
Highly flexible and adaptable to change
Understanding of lease administration, lease audit, lease compliance and financial reporting from the landlord and tenant perspective
Leadership and organizational skills are required to determine the Business Unit's goals
A College or University degree and/or relevant proven work experience is required and MBA or MCR preferred
Financial management of projects and contract and negotiation experience is required

Skills

  • Corporate real estate experience
  • In-depth Functional / Industry Knowledge
  • Proven experience developing governance meetings, presentations, documentation and materials in support of stakeholder management
  • Flexible and adaptable to change
  • Understanding of lease administration, lease audit, lease compliance and financial reporting from the landlord and tenant perspective
  • Leadership and organizational skills
  • A College or University degree and/or relevant proven work experience
  • MBA or MCR preferred
  • Financial management of projects and contract and negotiation experience

Benefits

Comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits.

Pay

$114,700 - 194,900 USD

Schedule

Hybrid

Similar jobs