Equity Office Properties Trust

Company Description

Equity Office is an owner and operator of primarily Class A office buildings in multiple markets across the country.  The company is an affiliate of the Blackstone Group, a premier global private equity firm.   Equity Office is headquartered in Chicago, IL, and has approximately 800 employees nationwide.

Responsibilities

JOB SUMMARY

The Market Lease Analyst is directly responsible for the oversight of the lease execution, and review process for assigned market.  Also, provides reporting and analytical support to the Regional Finance team.  This position reports to Regional Director of Finance.  

 

 

ESSENTIAL JOB FUNCTIONS

1. Reviews the lease submission package, including the lease documents, to confirm proper documentation.  Then audits lease abstraction in accounting system.

2. Prepares NPV calculations and compares against approved budget for each deal.

3. Enters and maintains lease economic terms in Sharepoint database.

4. Calculates lease commissions, including those for exclusive brokers, tenant representatives, JV Partners and employees.  Obtains all necessary approvals and forwards with lease package to Corporate Lease Admin for processing, including Lender approvals.

5. Coordinates with property staff to ensure all documents pertaining to tenant are sent to Centralized Lease Admin team for processing, storage and scanning.

6. Track and prepare commencement letters as new units commence. 

7. Track receipt of security deposit or letter of credits and monitor receipt of renewal letter of credit.

8. Coordinates with Regional Finance Team to determine appropriate Lease Forecasting action.

9. Provides support to the Regional Finance Team during the annual Budgeting and monthly Forecasting processes including Variance Reporting, Trend Analysis, and miscellaneous reporting.

10. Provides support to Leasing Teams through Tenant credit analysis and lease analysis 

11. Provides Accounts Receivable support to the Property Management Teams including researching outstanding balances, preparing backup documentation, and contacting Tenants.

12. Provides lease interpretation support to the AR and Lease Administrations teams.

13. Provides reporting and analytical support to the Regional Finance team and Senior Leadership teams as requested.

14. Serves as a resource for extracting information from JDE Accounting system for other market and property personnel.

15.    Performs other duties and special projects as required.

Qualifications

 SKILL, EDUCATION AND EXPERIENCE

 

A bachelor’s degree in business or related field is a must and commercial real estate experience is preferred.  Excellent oral and written communication skills are required as is the ability to interact with company personnel at all levels.  Experience with a real estate accounting/management system is a plus.   Must be detail oriented and have strong analytical and technical skills.

Closing Statement

Equity Office offers competitive salaries and a robust benefits program which includes 401(k), comprehensive medical, dental and vision insurance plans, educational assistance, flexible work arrangements and more!

For immediate consideration, please apply online at www.equityoffice.com .

Equity Office is committed to a diverse workforce.  EOE M/F D/V

Thank you for your interest in career opportunities at Equity Office.


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