Job Title: Manager – Lease Transaction
Location: Toronto, ON (Hybrid)
Estimated Duration: 12 months
Responsibilities:
• Transaction Management, aligning deal goals and objectives with corporate/department and line of business strategies.
• Managing IGM’s critical dates including: renewal and termination options,expiry dates, Tenant Allowance tracking).
• Negotiation of legal and business terms in real estate documents (i.e., lease proposals, binding offers to lease, renewals, leases and termination agreements).
• Preparation of value-add analysis for completed projects.
• Management of Notices to Landlords.
• Responsible for overseeing internal client relationships, landlord relationships and supervising outside brokers.
• Partner and coordinate with internal partners such as Legal, Finance, Operations, Project Delivery and other stakeholders.
• Responsible for managing Estoppel reviews, execution and distribution.
• Assist the Senior Manager and Director with the preparation of the Governance Committee presentation decks.
• Develop thoughtful negotiation strategies to ensure IG’s overall requirements are satisfied, financial deal terms are optimized, and risk is mitigated.
• Prepare required documents necessary to support the approval of various transactions.
• Prepare lease summaries, site overviews, tour packages, options analysis and deal comparisons.
• Fulfil weekly and monthly reporting requirements.
• Create financial overviews to compare the evolution of landlord versus tenant offers over the course of a negotiation.
• Support the Facilities Management team with discussions surrounding landlord vs tenant responsibilities outlined in leases to help resolve operational issues as they surface.
• Help grow a best-in-class transaction management operation, including the creation and maintenance of detailed and accurate records and standard operating procedures.
• Provide ongoing support and back-up to the Director and Senior Manager, Real Estate Transactions.
• Delivers business value by being detail oriented and leveraging qualitative and quantitative information to guide actions and make recommendations.
• Capability to manage tight timelines and work under pressure.
• Ownership mindset with the ability to work autonomously.
• Excellent communication and presentation skills.
• Manages complexity by asking the right questions(s) to analyze situations and able to distinguish which facts are relevant to solving a problem.
• Build and maintain strong relationships; engages and influences others, working transparently and cooperatively with cross-functional teams.
• Executes with excellence by optimizing work processes while driving for results.
• Demonstrates perseverance in delivering work and problem solving – can delegate assignments and decisions appropriately.
• Applies industry insights and trends to drive critical initiatives and leverages quantitative and qualitative information to improve performance.
• Focuses on a problem’s root cause(s) and explores a variety of solutions.
Acts independently to determine methods and procedures on new or special assignments, with some supervisory oversight to review approach and results. Decisions are guided by specific objectives.
Qualifications:
• Minimum of 7 years of industry experience in progressively senior positions with a minimum of 5 years’ experience in real estate transaction management as part of a cross functional team.
• Understand financial criteria such as payback, NER, NPV and deal cashflows.
• Must have in-depth knowledge of real estate transaction process and negotiations, fee structures and best practices in real estate transactions.
The pay range that the employer reasonably expects to pay for this position is between CA$60.00 and CA$65.00
Our voluntary benefits offering includes medical, dental, vision and retirement benefits.
Applications will be accepted on an ongoing basis.
Tundra Technical Solutions would like to thank you for the interest you have demonstrated in this opportunity. However, only candidates with the required skills will be contacted.
Tundra Technical Solutions is an Equal Opportunity/Affirmative Action Employer. We welcome and encourage diversity in our workplace.
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Tundra Technical Solutions is among North America’s leading providers of Information Technology and Engineering staffing and consulting services. Our success and our clients’ success are built on a foundation of service excellence. Rather than continually trying to sell to new clients and companies and simply filling databases with candidates, we focus on developing stronger relationships and deeper knowledge of our existing clients’ challenges and opportunities.
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