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Corporate Leasing Attorney

Mall of America
Posted 11 days ago, valid for 20 days
Location

East Rutherford, NJ, US

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • The Corporate Leasing Attorney will oversee all legal aspects of a significant commercial real estate development, focusing on the negotiation and drafting of retail tenant leases and related documents.
  • Candidates must possess a J.D. and have 3-7 years of legal experience, particularly in commercial real estate, with a preference for those knowledgeable in multi-unit retail leasing.
  • The role entails close collaboration with leasing agents, reviewing lease terms, and negotiating various agreements with tenants and brokers.
  • Additionally, the attorney will manage tenant defaults and litigation matters while ensuring compliance with lease obligations and deadlines.
  • Salary details are not explicitly mentioned, but the position requires a strong background in contract negotiations and excellent communication skills.

The Corporate Leasing Attorney will manage all legal matters for a large commercial real estate development, primarily negotiating, drafting and revising a high volume of retail tenant leases, real estate documents, financing documents, and all related agreements in a professional manner.

 

PRIMARY RESPONSIBILITIES

  • Communicate with leasing agents regarding lease documents and deals made with tenants or proposed tenants. Assist leasing agents with prospective tenant proposals, including LOI’s and check restrictions. Meet with leasing agents to review lease terms and status.
  • Review proposed and existing lease deals, lease modifications and completed leases with Company President, and react/respond to changes as requested.
  • Negotiate leases, lease modifications, waivers, subordination agreements, estoppels, and termination agreements with tenants, attorneys, and brokers. Draft and revise new leases for new and existing tenants. Collect information and exhibits from other departments for final lease review. Visit leasing sites and attend lease negotiations off-site, as required. Follow up on dates necessary once the lease is negotiated. Answer questions regarding leases.
  • Negotiate ancillary lease forms, such as waivers, subordination agreements, estoppels, termination agreements, rental agreements, etc.
  • Maintain abstracts, lease summary charts, and awareness of lease terms, obligations and responsibilities required in each lease (such as meeting penalty and dead dates), and exclusives and restrictions so there are no violations of an existing lease.
  • Prepare post lease execution documents such as waivers, SNDA’s and TI allowance.
  • Provide assistance to departments regarding insurance claims, lease claims, tenant disputes regarding lease terms and collections.
  • Handle tenant defaults and litigation matters.
  • Negotiate other real estate documents, such as loan agreements, financing agreements, purchase and sale agreements, construction agreements, marketing agreements, consulting agreements and service agreements.

 

DESIRED QUALIFICATIONS

  • J.D. required, in addition to 3-7 years practicing law, with experience in commercial real estate.
  • Specific knowledge of multi-unit Retail leasing is preferred.
  • Specific knowledge of commercial Real Estate is preferred.
  • Specific knowledge of commercial Real Estate Financing is a plus.
  • Experienced in contract negotiations.
  • Excellent communication skills, both written and verbal a necessity.
  • proficiency in Microsoft Office applications.
  • Proven ability to multitask, managing up to multiple real estate files in an effective and efficient manner.

 

 

American Dream is an equal-opportunity employer and is committed to providing a workplace free from harassment or discrimination. All employment decisions are to be made without regard to race, color, age, gender, sexual orientation, religion, marital status, pregnancy, national origin/ancestry, citizenship, physical/mental disability, military status, or any other basis prohibited by law.




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