Real Estate Specialist

JOB SUMMARY
The Real Estate Specialist will assist Sr. Director of Real Estate with coordination of all functions in Real Estate. Primarily responsible for licensing of excess space inside clubs to include, but not limited to: preparing market comps, marketing spaces, sourcing and vetting leads, LOI/license agreement/landlord/city negotiations, lease/OEA/plan review, insurance overview, scheduling tours, coordination with clubs, construction, legal, accounting and property management departments. Will support Sr. Director of Real Estate with other administrative duties related to project tracking, filing, and completion.

ESSENTIAL DUTIES & RESPONSIBILTIES

Project Management and Administrative Support for Senior Director Real Estate

• Be responsible for end-to-end management of excess space licensing
• Serve as main point of contact between licensee and 24 Hour Fitness
• Perform comparative market analysis to accurately value commercial properties
• Prepare marketing materials for exclusive listings and manage online listings
• Schedule tours with clubs
• Negotiate and prepare relevant paperwork (LOI, License Agreement, Amendments, Insurance COI)
• Partner closely with other staff members to ensure knowledge sharing and cross-team collaboration
• Conduct research of the local real estate market and stay up to date on industry trends

Administrative Support and Additional Duties for Real Estate Functions

• Perform other duties as assigned by Sr. Executive Assistant and/or SVP Real Estate to support team
• Compile, analyze, and prepare data for administrative reports and presentations
• Anticipate a variety of needs and problems and proactively resolve or suggest solutions
• Run, prepare ad-hoc reports, as required

ORGANIZATION RELATIONSHIPS
This position reports to the Sr. Director Real Estate. Disseminates information regularly to and from Real Estate staff, property management, legal, accounting, construction, operations, clubs, landlords and brokers.

REQUIRED QUALIFICATIONS
Knowledge, Skills & Abilities

• Ability to work independently
• Attention to detail and ability to multi-task
• Good knowledge of industry standards and practices
• The ability to read and interpret documents such as letters of intent, license agreements, leases, OEAs, sign codes, site and building plans
• Ability to write routine reports and correspondence
• Ability to speak effectively
• Intermediate PC based computer skills, including Powerpoint, database management, and Excel
• Ability to develop and maintain extensive tracking and project management tools to enable a multi-functional user/client base to reach both long and short term objectives
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
• Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form
• Ability to define problems, collect data, establish facts, and draw valid conclusions

Minimum Educational Level/Certifications

• High School diploma or equivalent.

Minimum Work Experience and Qualifications

• 2+ years of experience in leasing or leasing administration

Physical Demands/ Environmental Conditions

• Work is performed in a standard office environment without unpleasant or hazardous conditions. Work entails typical physical demands involved in office work.
• Regularly required to work standard office equipment (personal computer, copy machine, fax machine, etc.).
• Ability to work on a computer up to 7 hours a day.
• Regularly required to sit for long periods of time, and occasionally stand and walk.
• Close vision required for computer usage.

Travel Requirement

• Occasional travel may be required.

PREFERRED QUALIFICATIONS
Knowledge, Skills & Abilities

• Comprehensive knowledge of Excel, PowerPoint, Costar Real Estate Manager
• Experience working with Costar, Loopnet, CommercialEdge, Crexi
• Ability to read and interpret site and building plans

Educational Level/Certifications

• Associate or Bachelor degree preferred

Preferred Work Experience and Qualification

• Real Estate License
• Experience working with a retailer, landlord, property manager or brokerage.

Disclaimers
DISCLAIMER: The above statements are intended to describe the general nature and level of work being performed by incumbents assigned to this job. This is not intended to be an exhaustive list of all the responsibilities, duties and skills required. The incumbent may be expected to perform other duties as assigned. This job may be reviewed as duties and responsibilities change with business necessity.

COMPLIANCE & INTEGRITY: Consistently supports compliance and Workplace Conduct by maintaining the privacy and confidentiality of information, protecting the assets of the organization, acting with ethics and integrity, reporting non-compliance, and adhering to applicable federal, state and local laws and regulations, accreditation and licensure requirements (if applicable), and 24 Hour Fitness' policies and procedures.
All Directors, Managers and Supervisors are accountable for communication, implementation, enforcement, monitoring and oversight of compliance policies and practices in their departments.

SERVICE & QUALITY: In addition to defined technical requirements, accountable for consistently demonstrating service behaviors and principles defined by 24 Hour Fitness as well as specific departmental/organizational initiatives. Also accountable for consistently demonstrating the knowledge, skills, abilities, and behaviors necessary to provide superior and culturally sensitive service to member and team members, contracted providers and vendors.

WORKPLACE SAFETY: In addition to defined working conditions and physical requirements, employees are accountable for working safely; following established policies & procedures; and reporting all injuries and hazards to their supervisor immediately.
Supervisors and Managers are accountable for ensuring the safety performance of employees; applying consistent practices in compliance with federal, state and local regulations; providing guidance to maintain a safe and healthy work environment.

REQUIRED QUALIFICATIONS
Knowledge, Skills & Abilities

• Ability to work independently
• Attention to detail and ability to multi-task
• Good knowledge of industry standards and practices
• The ability to read and interpret documents such as letters of intent, license agreements, leases, OEAs, sign codes, site and building plans
• Ability to write routine reports and correspondence
• Ability to speak effectively
• Intermediate PC based computer skills, including Powerpoint, database management, and Excel
• Ability to develop and maintain extensive tracking and project management tools to enable a multi-functional user/client base to reach both long and short term objectives
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
• Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form
• Ability to define problems, collect data, establish facts, and draw valid conclusions

Minimum Educational Level/Certifications

• High School diploma or equivalent.

Minimum Work Experience and Qualifications

• 2+ years of experience in leasing or leasing administration

Physical Demands/ Environmental Conditions

• Work is performed in a standard office environment without unpleasant or hazardous conditions. Work entails typical physical demands involved in office work.
• Regularly required to work standard office equipment (personal computer, copy machine, fax machine, etc.).
• Ability to work on a computer up to 7 hours a day.
• Regularly required to sit for long periods of time, and occasionally stand and walk.
• Close vision required for computer usage.

Travel Requirement

• Occasional travel may be required.

PREFERRED QUALIFICATIONS
Knowledge, Skills & Abilities

• Comprehensive knowledge of Excel, PowerPoint, Costar Real Estate Manager
• Experience working with Costar, Loopnet, CommercialEdge, Crexi
• Ability to read and interpret site and building plans

Educational Level/Certifications

• Associate or Bachelor degree preferred

Preferred Work Experience and Qualification

• Real Estate License
• Experience working with a retailer, landlord, property manager or brokerage.