Real Estate Transaction Specialist

Role / Department Real Estate Transaction Specialist / Corporate Real Estate Key Responsibilities Lead end‑to‑end execution of real estate transactions, including lease renewals, renegotiations, restructures, new site acquisitions, 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. Develop financial models comparing scenarios and alternative workplace strategies. Analyze total occupancy cost, rent, operating expenses, capital expenditures, and incentives. Prepare business cases and funding requests with clear ROI and risk factors. Benchmark deal terms and market conditions to support negotiation strategy. Direct responsibility for developing governance meetings, presentations, documentation, and materials for timely stakeholder management. Partner with business leaders to review space demand projections and operational needs. Collaborate with Workplace Services leadership on enterprise alignment, including facilities management, project management, lease administration, legal, finance, governance, compliance, and 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. Skills / Qualifications 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 for stakeholder management. Highly flexible and adaptable to change. Understanding of lease administration, lease audit, lease compliance, and financial reporting from landlord and tenant perspectives. Leadership and organizational skills are required to determine the Business Unit’s goals. College or university degree and/or relevant work experience required; MBA or MCR preferred. Financial management of projects and contract and negotiation experience required. Applicants must be authorized to work in the U.S. without the need for employment‑based visa sponsorship now or in the future. Northern Trust will not sponsor U.S. work visa status for this opportunity (no sponsorship is available for H‑1B, L‑1, TN, O‑1, E‑3, H‑1B1, F‑1, J‑1, OPT, CPT or any other employment‑based visa). Working Model Hybrid Salary Range

$114,700 – $194,900 USD

Reasonable Accommodation Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at View email address on click.appcast.io. #J-18808-Ljbffr Northern Trust