What are the responsibilities and job description for the Lease Negotiator position at Phillips Edison & Company?
About us:
Phillips Edison & Company takes PRIDE in creating great omni-channel grocery-anchored shopping experiences and improving communities, one center at a time. PECO’s culture is fueled by the ENERGY our team brings to work every day - to find creative solutions and create value for our centers, our investors, our communities and the greater world around us. PECO’s culture is driven by our team’s CONNECTION to each other and the communities in which we live and work. PECO embraces the OPPORTUNITY to source and implement creative and sustainable programs to create a positive impact on the environment.
Phillips Edison’s operating platform provides retail services including acquisition, redevelopment, leasing and management of grocery-anchored retail centers.
What you'll do:
- Review and negotiate landlord-form leases.
- Review, research, and respond to inquiries regarding legal or lease-related matters from Leasing, Accounting, Finance, Construction, Property Management, Investment Management, and other departments.
- Review, research, and respond to correspondence from tenants regarding legal or lease-related matters (e.g., default notices from tenants, requests for rent reduction, letters of intent, termination notices).
- Draft lease-related documents and correspondence and process items within internal systems.
- Oversee and assist in drafting advance delivery notices, access licenses, reports, possession letters, and other deliverables required by leases, as requested by Construction, Property Management, and other departments.
- Assist in supporting the needs of the Legal Department (e.g., research leases, title documents, and other legal or lease-related documents; assist with leases for PECO office space; assist with requests for tenant consent; assist with requests for lender consent)
What we're looking for:
- Bachelor's degree required; higher degree preferred.
- Paralegal designation/certificate ideal.
- Minimum of 7 years of relevant work experience. Experience in lease drafting and/or Landlord Tenant issues is strongly preferred.
- Excellent verbal and written communication skills
- Detail-oriented with strong organizational skills
- Ability to work in a fast-paced deadline-driven environment
- Must be able to demonstrate strategic legal thinking and draft legal concepts, with minimal direction.
- Proven ability to successfully lead others
- Proficient in Microsoft Office and database software.
- Utilization of generative AI with prompt engineering familiarity.
- Experience working with MRI a plus.
Why PECO?
- We are characterized by our #PeopleofPECO. They are dynamic, innovative and entrepreneurial. They are driven to succeed and make a lasting impact on our growing organization. Having highly trained, energized and skilled professionals throughout every level of our organization is a great source of pride and key element of success for Phillips Edison & Company.
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
