Trader Joes Company, Inc

Lease Negotiator

Trader Joes Company, Inc$90K — $110K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 7 years of experience in retail lease negotiations.
  • Bachelor's Degree in Business or Paralegal preferred.
  • Ability to read and draft legal documents and communicate legal information effectively.
  • Strong communication skills for articulating Trader Joe's position during negotiations.
  • Self-starter with a proactive approach and good time management skills.
  • Strong analytical skills with a good understanding of business and legal contexts.
  • High degree of integrity when managing sensitive information.

Responsibilities

  • Drive efficient lease negotiations for new stores, relocations, and expansions.
  • Communicate legal document status and coordinate with the VP of Real Estate.
  • Support lease administration by reviewing and interpreting leases and legal documents.
  • Review agreements to clarify contractual obligations and terms.
  • Manage tracking of real estate contracts and lease contingencies.
  • Assist Real Estate and Construction teams with major store issues in a timely manner.

Benefits

  • Work in a unique and engaging environment at Trader Joe's.
  • Opportunity to impact the growth and expansion of a beloved brand.
  • Collaborative team culture that values effective relationships.
  • Base location options in Monrovia, CA or Boston, MA.
Full Job Description
What do we do?

Like shopping at Trader Joe's? Then, maybe you'll love working with us. We are looking for an experienced Lease Negotiator who is searching to do what they'll love - retail lease negotiations! Do you have experience in retail lease administration? Do you love food? If so, read on! We may have the role of a lifetime for you!

Trader Joe's is unlike any place you've ever worked. Trust us on that. The qualified Lease Negotiator has at least 7 years of retail lease negotiations experience and is a raving fan of the Trader Joe's concept. A Bachelor's Degree in Business or Paralegal is strongly preferred. This role could be based in our office in Monrovia, CA or Boston, MA.

The Lease Negotiator is responsible for providing contract support for Trader Joe's real estate portfolio from letters of intent, lease negotiations throughout lease administration. The areas of responsibility include managing outside counsel on lease negotiations and other legal efforts, representing Trader Joe's business interests in lease negotiations and existing lease-related matters, serving as an in-house resource to interpret existing leases and handling major store related issues. The position engages with a variety of crew members and external partners, and as such, successful candidates easily build rapport and sustain effective relationships.

The Lease Negotiator is responsible for:

  • Driving effective and efficient lease negotiation processes for new stores, relocations, and expansions with outside counsel and represent Trader Joe's business perspective during negotiations.
  • Communicating status of legal documents and negotiating with all relevant parties and coordinate with Vice President of Real Estate and other respective team members on business issues that arise.
  • Supporting the lease administration team in review/interpretation of leases, waivers, SNDAs, estoppels, REAs, CC&Rs, and other legal documents.
  • Reviewing executed agreements to identify applicable terms in response to inquiries about contract content, including contractual obligations, term, termination rights and disputes.
  • Responsible for internal management of tracking real estate contracts, including lease contingencies.
  • Managing and supporting the Real Estate and Construction team in handling major store issues in a timely manner.


The Lease Negotiator has the following qualifications:

  • Experienced real estate professional with a demonstrated work history in the retail sector (minimum 7 years). Experience or degree in Real Estate Law a plus.
  • Ability to read, draft, and easily communicate legal information from leases and related documents.
  • Strong communication skills, specifically articulating Trader Joe's position during negotiations and conversations with outside parties.
  • Self-starter with a proactive approach and sense of urgency.
  • Excellent time management skills and the ability to prioritize.
  • Strong analytical skills with sound business and legal acumen.
  • High degree of integrity, especially when dealing with confidential and sensitive information.


We want to hear from you!

We get a lot of resumes; so to help us get to know you better, please submit your resume and cover letter. When creating your cover letter, please answer these questions:

  • How many years of work experience do you have working in the retail sector of real estate?
  • What makes you uniquely qualified for this position?


About Trader Joes Company, Inc

Trader Joe's is a chain of grocery stores headquartered in Monrovia, California. The company was founded in 1958 by Joe Coulombe and was acquired by Aldi Nord in 1979. Trader Joe's is known for its private label products, which account for around 80% of its offerings. The company has a loyal following due to its unique product selection, low prices, and friendly customer service.
Learn more about Trader Joes Company, Inc
Size
10,000 employees
Industry

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