Lease Administrator
$75k - $85kAddison Group
Job Description
Job Description
Position Title: Lease Administrator
Location: McLean, VA (Hybrid)
Assignment type: Permanent hire
Compensation: $75,000 - $85,000 / Annually
Work Schedule: M-F 9-5
Benefits: This position is eligible for Medical, Dental, Vision, and 401(k).
Job Description:
- Review, interpret, and abstract complex commercial lease terms, including both financial and non-financial provisions, into lease management systems.
- Manage lease administration activities across a multi-property portfolio, ensuring accurate tracking of lease obligations and key dates.
- Calculate and monitor recurring rental obligations, operating expenses, reconciliations, and other lease-related financial items.
- Generate and post monthly recurring charges and support annual reconciliations related to tenant expenses and recoveries.
- Assist internal teams by providing lease details, interpretations, and documentation support for property and financial reviews.
- Respond to tenant account questions and help resolve lease-related discrepancies in a timely and professional manner.
- Perform budgeting-related calculations tied to rent schedules, expense recoveries, and lease obligations.
- Maintain a high level of accuracy while managing multiple projects, deadlines, and competing priorities in a fast-paced environment.
- Collaborate effectively with internal stakeholders and external contacts, demonstrating strong communication, follow-up, and customer service skills.
Qualifications:
- Minimum of 3 years of lease administration experience required.
- Bachelor’s degree preferred.
- Strong ability to understand, interpret, and abstract complex lease language.
- Proficiency in Excel, Word, and lease management databases required.
- MRI experience is a plus.
- Strong written and verbal communication skills required.
- Detail-oriented with strong critical thinking and organizational skills.
- Able to work independently while also collaborating effectively with cross-functional teams.
- Comfortable managing multiple deadlines and working in a fast-paced environment.
Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.
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