Jones Lang LaSalle Incorporated

Real Estate Analyst

Jones Lang LaSalle Incorporated$80K — $102K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Real Estate, Business Administration, Economics or related field.
  • 0-3 years of experience in commercial real estate or finance, especially with retail properties.
  • Strong proficiency in Microsoft Excel, including advanced financial modeling functions.
  • Proficiency in ARGUS software.
  • Familiarity with commercial real estate concepts, particularly related to retail leases.
  • Excellent written and verbal communication skills for stakeholder interaction.
  • Detail-oriented with strong organizational skills.

Responsibilities

  • Review and analyze renewal and new leases for grocery-anchored properties.
  • Develop financial models for properties, focusing on lease-related income.
  • Interact with management and third parties on lease negotiations.
  • Conduct market research to identify trends and risks in grocery-anchored retail.
  • Support asset strategy implementation to optimize property value.
  • Prepare regular performance and market reports for stakeholders.
  • Assist with various asset management projects as needed.

Benefits

  • 401(k) plan with matching company contributions
  • Comprehensive Medical, Dental & Vision Care
  • Paid parental leave at 100% of salary
  • Paid Time Off and Company Holidays
  • Early access to earned wages through Daily Pay
Full Job Description
Job Summary:

This role will support our PM+ team in maximizing the value of a portfolio of grocery-anchored retail properties. This role focuses on operational efficiencies, including lease analysis and collaboration with various stakeholders. The ideal candidate will be highly proficient in Excel and ARGUS, detail-oriented, and possess excellent communication skills to effectively interact with internal teams and external parties.

Responsibilities:
  • Lease Analysis and Management:
    • Thoroughly review and provide informed opinions on renewal leases, new leases, and month-to-month leases for grocery-anchored retail properties.
    • Analyze lease terms, rental rates, and other key provisions to ensure alignment with asset strategies and market conditions.
    • Utilize ARGUS to model lease scenarios and assess financial impact.
  • Financial Analysis & Reporting:
    • Develop and maintain financial models for properties, including cash flow projections, valuation analyses, and investment return calculations, with a focus on lease-related income.
    • Analyze property-level financial statements, including income statements, balance sheets, and cash flow statements, paying close attention to tenant performance and lease obligations.
    • Assist in the preparation of annual budgets and quarterly forecasts, incorporating lease assumptions and market data.
    • Monitor property performance against budget, focusing on occupancy, rental rates, and tenant sales.
  • Stakeholder Communication:
    • Interact effectively with management, brokerage teams, legal counsel, Ownership, tenants, and other third parties related to lease negotiations and property operations.
    • Clearly communicate findings and recommendations to internal stakeholders.
    • Coordinate with property management teams to ensure lease compliance and tenant satisfaction.
  • Market Research & Analysis:
    • Conduct market research specific to grocery-anchored retail to identify trends, opportunities, and risks.
    • Analyze comparable properties and market data to support leasing decisions and rental rate strategies.
    • Prepare market reports and presentations for internal stakeholders, highlighting key trends in the grocery-anchored retail sector.
  • Asset Strategy Implementation:
    • Support the implementation of asset strategies to maximize property value, with a focus on lease optimization.
    • Assist in the due diligence process for acquisitions and dispositions, with an emphasis on lease portfolio analysis.
  • Reporting and Communication:
    • Prepare regular reports on property performance, market conditions, and asset strategy implementation, with a focus on lease-related metrics.
    • Present findings and recommendations to internal stakeholders.
  • Other Duties:
    • Assist with other asset management projects as needed.
    • Stay up-to-date on industry trends and best practices in grocery-anchored retail.

Qualifications:
  • Bachelor's degree in Finance, Real Estate, Business Administration, Economics or a related field.
  • 0-3 years of experience in commercial real estate, finance, or a related field, specifically with exposure to retail properties.
  • Strong proficiency in Microsoft Excel, including advanced financial modeling functions.
  • Proficiency in ARGUS.
  • Familiarity with commercial real estate concepts and terminology, particularly related to retail leases.
  • Excellent written and verbal communication skills, with the ability to effectively interact with diverse stakeholders.
  • Ability to work independently and as part of a team.
  • Detail-oriented and organized.
  • Strong work ethic and a passion for commercial real estate, with a particular interest in the retail sector.
  • Some travel required

Preferred Qualifications:
  • Experience with grocery-anchored retail properties.
  • Knowledge of commercial real estate valuation methods.


This position does not provide visa sponsorship. Candidates must be authorized to work in the United States without sponsorship.

Estimated compensation for this position:

80,000.00 - 102,000.00 USD per year

This range is an estimate and actual compensation may differ. Final compensation packages are determined by various considerations including but not limited to candidate qualifications, location, market conditions, and internal considerations.

Location:

On-site -Chicago, IL

Job Tags:

Property Management

If this job description resonates with you, we encourage you to apply, even if you don't meet all the requirements. We're interested in getting to know you and what you bring to the table!

Personalized benefits that support personal well-being and growth:

JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health. Some of these benefits may include:
  • 401(k) plan with matching company contributions
  • Comprehensive Medical, Dental & Vision Care
  • Paid parental leave at 100% of salary
  • Paid Time Off and Company Holidays
  • Early access to earned wages through Daily Pay

About Jones Lang LaSalle Incorporated

Jones Lang LaSalle is a financial and professional services firm that specializes in commercial real estate services and investment management. Its services include: tenant representation for organizations that lease office, industrial and retail spaces; consulting, which supports companies to develop workplace strategies such as occupancy planning, relocations, and energy and environmental sustainability initiatives; project and development services to manage ground-up creation, building construction, and major interior renovations; capital markets and real estate investment banking, which helps organizations buy and sell properties, and improve the financial impact of their real estate; facilities management for a variety of properties including office towers, retail and exhibition centers, and government, collegiate and industrial complexes; property management services, that provide on-site administration to help owners of office, industrial, retail and specialty properties reduce costs and enhance their property values; and valuations that provide impartial assessments of real estate worth through more than 200 corporate offices in 70 countries. Jones Lang LaSalle was formed by the merger of Jones Lang Wootton, a British firm with origins dating back to 1783, and LaSalle Partners, an American company formed from a predecessor launched in 1968. Jones Lang Wootton opened its first US office in New York in 1975. In 1997, the initial public offering was completed by LaSalle Partners for the company's common stock in the market.

Jones Lang LaSalle Incorporated Careers

Join the dynamic team at Jones Lang LaSalle Incorporated (JLL), a global leader in real estate services, where your career journey is just as important as the professional milestones you aim to achieve. At JLL, we offer more than just job opportunities; we provide a platform for growth, innovation, and leadership in an industry that shapes the world around us.

Work You’ll Do

At JLL, you will be part of a culture that prizes diversity, teamwork, and forward-thinking. Whether you are looking for a full-time position or an internship, JLL offers a variety of roles that cater to your professional skills and personal development goals. Our team is composed of the brightest minds in real estate, providing you with unparalleled mentorship and networking opportunities that foster career advancement.

Innovate and Lead

Embrace the opportunity to lead projects that redefine the real estate landscape, leveraging JLL’s global scale and deep industry expertise. Our commitment to innovation is evident in every strategy we implement and every building we manage. By joining our team, you will collaborate with professionals who are eager to share their knowledge and push the boundaries of what is possible in real estate.

Professional Growth and Development

JLL is dedicated to the professional growth of its employees. We offer robust training programs, including leadership development and diversity training, to ensure you are equipped for success. Our benefits extend beyond the basics, encompassing health, wellness, and financial planning to support you and your family at all stages of life.

Explore Job Opportunities

JLL is continuously expanding, and we are hiring across multiple disciplines. Explore positions that match your skills and interests in areas such as property management, sustainability, financial analysis, and more. We look for driven, curious, and innovative team players who are ready to make an impact.

Internship Programs

Kickstart your career with a JLL internship. Gain hands-on experience, build your resume, and make invaluable industry connections. Our internships provide a deep dive into the real estate sector, allowing you to apply academic learning to real-world challenges.

Join Our Team

Ready to advance your career at Jones Lang LaSalle Incorporated? Search open positions, read about our employment benefits, and prepare your resume. The interview process at JLL not only assesses your fit for the company but also ensures our culture aligns with your career aspirations.

Stay Connected

Keep up to date with the latest from JLL Careers by subscribing to our job alert emails. Receive personalized updates that align with your career preferences and learn about new opportunities in real-time.

Networking and Industry Leadership

At JLL, networking doesn’t end with your hire date. Continue to connect with leaders and peers through our various professional networks and community engagement initiatives. Lead the way in industry discussions, participate in global conferences, and contribute to innovative solutions that drive the future of real estate. At Jones Lang LaSalle Incorporated, we don’t just offer jobs—we offer careers that make a difference. Join us in shaping the future of real estate, one innovation at a time.
Learn more about Jones Lang LaSalle Incorporated
Size
98,000 employees
Market Cap
$7.4 billion
Industry
Net Income
$402.5 million
Founded
1783
5 Year Trend
+8.3%
Revenue
$16.5 billion
NASDAQ

Similar Jobs

More Jobs at Jones Lang LaSalle Incorporated

More Real Estate & Construction Jobs

Find similar Real Estate Analyst jobs: