Real Estate Manager
JLL supports the Whole You, personally and professionally.
Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology to our clients.
We are committed to hiring the best, most talented people in our industry; and we support them through professional growth, flexibility, and personalized benefits to manage life in and outside of work.
Whether you ve got deep experience in commercial real estate, skilled trades, and technology, or you re looking to apply your relevant experience to a new industry, we empower you to shape a brighter way forward so you can thrive professionally and personally.
Overview:
JLL is seeking a Real Estate Manager within our Work Dynamics team to provide exceptional sublease and property management support services to one of JLL s top tier technology clients.
Our client leases over 4 million square feet across the globe, and approximately 1.
2 million square feet is sublet to more than 30, 3rd party subtenants.
Another 1.
4 million square feet is targeted to be sublet.
The Real Estate Manager s scope will be focused on the subleased portfolio and managing the 3rd party subtenants.
This role demands experience in commercial, third-party property management, working with multiple tenants, and sublease administration support with a strong focus on client and subtenant satisfaction through efficient management of commercial real estate services.
Key
Responsibilities:
Ensure adequate support for the delivery of sublease management and property management support services.
Serve as POC for subtenants, and key liaison between the subtenants, landlord and property management stakeholders.
Develop, deliver, and maintain detailed reporting systems as per client agreement specifics.
Collaborate with the client to deliver Key Performance Indicators (KPIs) related to sublease management, reporting performance on a quarterly basis.
Support the Lease Administration team as necessary when following up on rent collections and all associated charges and fees, insurance certificates, lease compliance.
Support Lease Administration in maintaining a comprehensive sublease database.
Compile and deliver reports, monitoring sublease terms, payment reconciliations, and ensuring the accuracy of sublease data in the lease administration system.
Oversee and review the billing of subtenant charges, monitoring lease expense bills, and ensuring cost recoveries align with sublease agreements.
Communicate with subtenants and the client to facilitate the management of agreements, ensuring compliance with terms and managing financial transactions related to security deposits and other monies.
Maximize cost recoveries to reduce out of pocket costs for the client.
Prepare annual sublease operating budgets, reforecasts, and manage cost allocations.
Proactively involved in sublease management processes, including:
coordinating actions with the client s various departments for meeting sublease obligations, compliance with sustainability programs, and facilitating property transfers.
Maintain the operations playbook detailing sublease management reporting processes and protocols to ensure continuity.
Essential Duties:
Serve as a primary liaison with the client for property-related matters related to subtenants and subleases.
Perform regular, in-person or virtual site visits and inspections to ensure compliance with sublease agreements.
Coordinate tenant move-ins and outs in accordance with sublease terms.
Develop management plans for unoccupied properties, coordinating with the client for approval and implementation.
Ensure all sublease documents and master lease documents are alignedProvide bi-weekly tracking reports of sublease terms and critical dates.
Qualifications:
Bachelor s degree in Real Estate, Business Administration, or a related field.
At least 5 years of commercial, third-party property management experience, working with multiple tenants and sub-tenants.
Knowledge of commercial real estate laws and practices, especially in leasing and subleasing.
Tech industry experience preferred.
Strong financial acumen and familiarity with budgeting, forecasting, and reporting.
Ability to interpret and analyze contracts and financial statements.
Proficiency with commercial real estate software, Google Suite, and Microsoft Office Suite.
Exceptional communication and interpersonal skills, with the ability to manage client relationships.
Organized, detail-oriented, and capable of managing multiple projects simultaneously.
Willingness to travel as per job requirements.
Estimated compensation for this position is:
160,000.
00 170,000.
00 USD per yearThe pay range listed is a total compensation range including bonus, if applicable.
The provided range is an estimate and not guaranteed.
An employment offer is based on applicant s education, experience, skills, abilities, geographic location, internal equity and alignment with market data.
Location:
On-site San Francisco, CAIf 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 contributionsComprehensive Medical, Dental & Vision CarePaid parental leave at 100% of salary Paid Time Off and Company HolidaysFlexible and Remote Work Arrangements may be availableJLL Privacy NoticeJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services.
We take our responsibility to protect the personal information provided to us seriously.
Generally the personal information we collect from you are for the purposes of processing in connection with JLL s recruitment process.
We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons.
We will then delete it safely and securely.
For more information about how JLL processes your personal data, please view our Candidate Privacy Statement.
For additional details please see our career site pages for each country.
For candidates in the United States, please see a full copy of our Equal Employment Opportunity and Affirmative Action policy here.
This position may require you to be fully vaccinated against COVID-19.
If required, you ll be asked to provide proof that you re fully vaccinated upon your start date.
You re considered fully vaccinated two weeks after you receive the second dose of a two-dose vaccine series (e.
g.
, Pfizer or Moderna) or two weeks after a single-dose vaccine (e.
g.
, Johnson & Johnson/Janssen).
Failure to provide proof of vaccination may result in termination.
Jones Lang LaSalle ( JLL ) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities.
If you need a reasonable accommodation because of a disability for any part of the employment process including the online application and/or overall selection process you may contact us at Accommodation Requests.
This email is only to request an accommodation.
Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.
Pursuant to the Arizona Civil Rights Act, criminal convictions are not an absolute bar to employment.
Pursuant to Illinois Law, applicants are not obligated to disclose sealed or expunged records of conviction or arrest.
Pursuant to Columbia, SC ordinance, this position is subject to a background check for any convictions directly related to its duties and responsibilities.
Only job-related convictions will be considered and will not automatically disqualify the candidate.
California Residents onlyIf you are a California resident as defined in the California Consumer Privacy Act (CCPA) please view our Supplemental Privacy Statement which describes your rights and disclosures about your personal information.
If you are viewing this on a mobile device you may want to view the CCPA version on a larger device.
Pursuant to the Los Angeles Fair Chance Initiative for Hiring Ordinance, JLL will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles Fair Chance Initiative for Hiring Ordinance.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Accepting applications on an ongoing basis until candidate identified.
SummaryLocation:
San Francisco, CAType:
Full time.
Estimated Salary: $20 to $28 per hour based on qualifications.
Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology to our clients.
We are committed to hiring the best, most talented people in our industry; and we support them through professional growth, flexibility, and personalized benefits to manage life in and outside of work.
Whether you ve got deep experience in commercial real estate, skilled trades, and technology, or you re looking to apply your relevant experience to a new industry, we empower you to shape a brighter way forward so you can thrive professionally and personally.
Overview:
JLL is seeking a Real Estate Manager within our Work Dynamics team to provide exceptional sublease and property management support services to one of JLL s top tier technology clients.
Our client leases over 4 million square feet across the globe, and approximately 1.
2 million square feet is sublet to more than 30, 3rd party subtenants.
Another 1.
4 million square feet is targeted to be sublet.
The Real Estate Manager s scope will be focused on the subleased portfolio and managing the 3rd party subtenants.
This role demands experience in commercial, third-party property management, working with multiple tenants, and sublease administration support with a strong focus on client and subtenant satisfaction through efficient management of commercial real estate services.
Key
Responsibilities:
Ensure adequate support for the delivery of sublease management and property management support services.
Serve as POC for subtenants, and key liaison between the subtenants, landlord and property management stakeholders.
Develop, deliver, and maintain detailed reporting systems as per client agreement specifics.
Collaborate with the client to deliver Key Performance Indicators (KPIs) related to sublease management, reporting performance on a quarterly basis.
Support the Lease Administration team as necessary when following up on rent collections and all associated charges and fees, insurance certificates, lease compliance.
Support Lease Administration in maintaining a comprehensive sublease database.
Compile and deliver reports, monitoring sublease terms, payment reconciliations, and ensuring the accuracy of sublease data in the lease administration system.
Oversee and review the billing of subtenant charges, monitoring lease expense bills, and ensuring cost recoveries align with sublease agreements.
Communicate with subtenants and the client to facilitate the management of agreements, ensuring compliance with terms and managing financial transactions related to security deposits and other monies.
Maximize cost recoveries to reduce out of pocket costs for the client.
Prepare annual sublease operating budgets, reforecasts, and manage cost allocations.
Proactively involved in sublease management processes, including:
coordinating actions with the client s various departments for meeting sublease obligations, compliance with sustainability programs, and facilitating property transfers.
Maintain the operations playbook detailing sublease management reporting processes and protocols to ensure continuity.
Essential Duties:
Serve as a primary liaison with the client for property-related matters related to subtenants and subleases.
Perform regular, in-person or virtual site visits and inspections to ensure compliance with sublease agreements.
Coordinate tenant move-ins and outs in accordance with sublease terms.
Develop management plans for unoccupied properties, coordinating with the client for approval and implementation.
Ensure all sublease documents and master lease documents are alignedProvide bi-weekly tracking reports of sublease terms and critical dates.
Qualifications:
Bachelor s degree in Real Estate, Business Administration, or a related field.
At least 5 years of commercial, third-party property management experience, working with multiple tenants and sub-tenants.
Knowledge of commercial real estate laws and practices, especially in leasing and subleasing.
Tech industry experience preferred.
Strong financial acumen and familiarity with budgeting, forecasting, and reporting.
Ability to interpret and analyze contracts and financial statements.
Proficiency with commercial real estate software, Google Suite, and Microsoft Office Suite.
Exceptional communication and interpersonal skills, with the ability to manage client relationships.
Organized, detail-oriented, and capable of managing multiple projects simultaneously.
Willingness to travel as per job requirements.
Estimated compensation for this position is:
160,000.
00 170,000.
00 USD per yearThe pay range listed is a total compensation range including bonus, if applicable.
The provided range is an estimate and not guaranteed.
An employment offer is based on applicant s education, experience, skills, abilities, geographic location, internal equity and alignment with market data.
Location:
On-site San Francisco, CAIf 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 contributionsComprehensive Medical, Dental & Vision CarePaid parental leave at 100% of salary Paid Time Off and Company HolidaysFlexible and Remote Work Arrangements may be availableJLL Privacy NoticeJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services.
We take our responsibility to protect the personal information provided to us seriously.
Generally the personal information we collect from you are for the purposes of processing in connection with JLL s recruitment process.
We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons.
We will then delete it safely and securely.
For more information about how JLL processes your personal data, please view our Candidate Privacy Statement.
For additional details please see our career site pages for each country.
For candidates in the United States, please see a full copy of our Equal Employment Opportunity and Affirmative Action policy here.
This position may require you to be fully vaccinated against COVID-19.
If required, you ll be asked to provide proof that you re fully vaccinated upon your start date.
You re considered fully vaccinated two weeks after you receive the second dose of a two-dose vaccine series (e.
g.
, Pfizer or Moderna) or two weeks after a single-dose vaccine (e.
g.
, Johnson & Johnson/Janssen).
Failure to provide proof of vaccination may result in termination.
Jones Lang LaSalle ( JLL ) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities.
If you need a reasonable accommodation because of a disability for any part of the employment process including the online application and/or overall selection process you may contact us at Accommodation Requests.
This email is only to request an accommodation.
Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.
Pursuant to the Arizona Civil Rights Act, criminal convictions are not an absolute bar to employment.
Pursuant to Illinois Law, applicants are not obligated to disclose sealed or expunged records of conviction or arrest.
Pursuant to Columbia, SC ordinance, this position is subject to a background check for any convictions directly related to its duties and responsibilities.
Only job-related convictions will be considered and will not automatically disqualify the candidate.
California Residents onlyIf you are a California resident as defined in the California Consumer Privacy Act (CCPA) please view our Supplemental Privacy Statement which describes your rights and disclosures about your personal information.
If you are viewing this on a mobile device you may want to view the CCPA version on a larger device.
Pursuant to the Los Angeles Fair Chance Initiative for Hiring Ordinance, JLL will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles Fair Chance Initiative for Hiring Ordinance.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Accepting applications on an ongoing basis until candidate identified.
SummaryLocation:
San Francisco, CAType:
Full time.
Estimated Salary: $20 to $28 per hour based on qualifications.
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