Lease Administrator

Company Description

Vuori is re-defining what athletic apparel looks like: built to move and sweat in but designed with a casual aesthetic to transition into everyday life. We draw inspiration from an active coastal California lifestyle; an integration of fitness, creative expression, and life. We aim to inspire others to take on all aspects of their lives with clarity, enthusiasm, and purpose…while having a lot of fun along the way. Working at Vuori, our goal is to create something special together. Our foundation and success are made possible thanks to incredible people, thriving culture, and an inspirational community.

Our office continues to be central to collaboration and being in great relationships. As a hybrid-first company, we require an in-office presence for our roles.

Job Description

The Lease Administrator will provide support and resources related to Vuori’s real estate portfolio. They preserve the business's economic model by ensuring lease compliance, controlling occupancy expenses and helping maintain long term tenancy at the store locations. The Lease Administrator serves as a liaison with finance, legal, operations, construction, as well as landlords and their representatives.

Qualifications

What you’ll get to do:

• Tracking incoming and outgoing lease documents, critical lease dates, including Possession notices and certificates of insurance.
• Partner with legal and accounting teams to processing monthly recurring and one-time payments timely and accurately.
• Manage and issue lease required Landlord reporting
• Abstracting and interpreting lease documents including key dates, construction requirements, rent structures, financial obligations, operating expense limitations, and more.
• Develop and maintain relationships with Landlords to resolve lease issues and disputes.
• Controlling occupancy costs by performing annual reviews of operating expenses (CAM reconciliation) to ensure Landlords are in compliance per the terms of the lease agreement.
• Maintaining and updating vendor information while ensuring key controls are followed.
• Understanding various rent payment models and ensuring timely and accurate payments and reporting.
• Providing reports to various internal business partners; includes effectively communicating with people having varying understanding of leases and occupancy data and providing important insight about the area of responsibility.
• Assist in creating efficiencies within the department and analyzing the impact on the business while also providing meaningful and actionable insight.
• Monitor progress and obtain required documentation for Tenant Allowance including invoicing, collecting and processing Tenant Allowance payments in partnership with Finance
• Maintain electronic lease documentation files.
  
  
  

Who you are:

• 4+ years of experience in retail real estate lease administration
• Expertise in understanding and interpreting retail lease language and deal structures
• Ability to proactively identify issues and propose and/or initiate solutions 
• Proficient in Microsoft Excel. Possess the technical aptitude to use various Lease Administration systems and software.
• Possess excellent analytical, quantitative, written, and verbal communication skills.
• Be able to work independently with attention to detail, documentation, and follow-through.
• Be highly organized, detail oriented with a professional demeanor and strong interpersonal skills.
  
  
  

Additional Information

Our investment in you:

At Vuori, we’re proud to offer the following to our employees:

• Health Insurance
• Savings and Retirement Plan
• Employee Assistance Program
• Generous Vuori Discount & Industry Perks
• Paid Time Off
• Wellness & Fitness benefits
  
  
  

The salary range for this role is $85,000 per year - $95,000 per year.

Vuori is proud to be an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.

All your information will be kept confidential according to EEO guidelines.