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Lease Administrator

Lease Administrator

Addison GroupChicago, IL, US
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Lease Administrator

Location : Chicago, IL (Hybrid Onsite Wednesdays)

Industry : Commercial Real Estate

Compensation : $25 $27 per hour

Work Schedule : Monday Friday, 9 : 00 AM 5 : 00 PM (Hybrid, in office one day per week)

Benefits : This position may be eligible for medical, dental, vision, and 401(k).

About Our Client :

Addison Group is hiring for our client, a reputable and growing commercial real estate organization based in downtown Chicago. The team values collaboration, attention to detail, and proactive problem-solving.

Job Description :

The Lease Administrator will oversee the full cycle of lease administration duties for a portfolio of retail tenants. This role involves managing leases in Yardi, maintaining compliance records, assisting with financial reporting and reconciliations, and supporting day-to-day property operations. The ideal candidate is detail-oriented, self-motivated, and confident communicating with internal and external stakeholders.

Key Responsibilities :

  • Abstract and maintain leases, amendments, and renewals in Yardi
  • Monitor and ensure tenant compliance with lease terms and documentation requirements
  • Prepare and manage annual budgets, CAM / tax reconciliations, and forecasting reports
  • Review monthly property financial statements for accuracy and assist with property audits
  • Generate and distribute tenant statements and apply payments
  • Track lease milestones, renewals, and tenant move-ins / outs
  • Maintain organized file systems and support general property management operations
  • Collaborate with tenants, vendors, and internal teams to resolve issues and ensure seamless communication
  • Provide administrative support including reports, correspondence, and other assigned projects

Qualifications :

  • 38 years of experience in commercial or retail lease administration
  • Strong proficiency in Yardi and Microsoft Excel
  • Solid understanding of CAM and tax reconciliations, recoveries, and property budgeting
  • Experience working within commercial real estate, including familiarity with tenant laws and lease compliance in Cook County
  • Excellent communication, organization, and problem-solving skills
  • Ability to work independently while managing multiple priorities
  • Strong attention to detail and comfort with administrative tasks
  • Additional Details :

  • 6-month contract assignment
  • Business casual environment (professional attire preferred)
  • Perks :

  • Hybrid schedule with one in-office day per week
  • Opportunity to work with a leading real estate team in downtown Chicago
  • Supportive, collaborative work culture
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    Lease Administrator • Chicago, IL, US

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