Original job description
Summary
JOB DESCRIPTION
The Junior Transactions Manager is responsible for managing the knowledge of leased properties, for coordinating leasing transactions for office space on behalf of one of our corporate clients. The Assistant Transactions Manager works closely with the Workplace Solutions (space planning) team and Facilities Team as well as with the client’s Facilities team. In addition, the Assistant Transactions Manager will be involved in commercial real estate market research and shall manage the ongoing leasing documentation when required.
Key Duties & Responsibilities
▪ Manage all aspects of existing leases, including lease renewal, expansion, reduction, and termination, coordinate feedback and advise all stakeholders involved in the transactions. Organize and coordinate leasing of surplus space as required.
▪ Ensure third party occupancies do not adversely affect other tenants or our clients’ business and operations, including but not limited to, when representing the client as a Landlord.
▪ Obtain and retain knowledge of the client’s Leasing documentation and terms contained within, in order to respond to any inquiries.
▪ Assist in developing a strategy to align leased properties in client’s portfolio with changing workspace requirements. Provides recommendations on how to improve business processes and best practices regarding processes, tools, with a view or improving and streamlining/clarifying roles and responsibilities.
▪ Assist in change management procedures within the client’s portfolio as workspaces transform into newer standards.
▪ Source, negotiate, and interact with the Brokerage community to obtain optimal business terms and conditions for new leases, lease renewals, and license agreements across our clients’ real estate portfolio. Servicing our clients’ dynamic requirements in real time with creative solutions and compliance with applicable brokerage regulations.
▪ Liaise with real estate brokers and planning consultants in markets across Canada, as well as with clients’ legal counsel, Facilities team and Finance team, when representing the client as a Tenant. Internal stakeholders, including Project Management and Workplace Solutions (space planning), , will also be involved in most transactions.
▪ Works closely with space planning to ensure that accommodation requirements are factored into the overall leasing and workspace strategy for the client.
▪ Respond to queries from internal and external clients regarding requisitions, reports, records, and/or accounts. Prepare communications to landlords/tenants, letters, reports, cost/savings analysis, lists, tenders, presentations and/or other materials as requested.
▪ Prepare an overall lease analysis to obtain senior management approval from the client which includes details pertaining to lease costs, impact on budgets, and a comparison of alternatives, as required.
▪ Maintain a workload status report of ongoing and completed items/transactions.
Knowledge & Skills
▪ Community college diploma preferably in business administration
▪ Minimum 3-5 years of real estate transactions work experience in either commercial or retail sector
▪ Advanced real estate acquisition, renewal and disposition strategy development and execution skills
▪ Skilled at persuading, influencing and negotiating to achieve desired outcomes
▪ Highly advanced relationship management skills and ability to develop and manage relationships with multiple stakeholders
▪ Highly advanced real estate transactions-related documentations development, application and interpretation skills
▪ Highly advanced analytical skills to identify optimum real estate cost structures, pricing and value for the client
▪ Strong market research skills along with current knowledge of market trends and conditions
▪ Current knowledge of industry practices, trends and requirements
▪ Knowledge of real estate legislative requirements for assigned province
Licenses and/or Professional Accreditation
▪ Real Estate License for assigned province (required)
▪ Demonstrated language proficiency (both verbal and written) in English and French is an asset.
This is a regular, full-time position with a salary range of $61,850 - $77,313 per annum. The starting salary will be based on the successful candidate’s competencies, including but not limited to experience, education, professional designations and performance related to this role.
About Us
We value transparency in our hiring processes. Please note, artificial intelligence may be used in certain stages to screen, assess, or select applicants, however, a human reviewer makes all final decisions. This posting is for a future vacancy.
About The Team
BGIS is a global leader in integrated facility management services. With a combined team of over 10,000 globally, BGIS relentlessly focuses on delivering innovative service solutions that create value for its clients. Globally, BGIS manages over 50,000 facilities totaling more than 600 million square feet across several markets including government, higher education, utilities, telecommunications, financial services, oil & gas, healthcare and cloud enterprise. In addition to managing a diverse portfolio of corporate offices, retail, colleges, hospitals and industrial assets, BGIS is a world leader in the management of data centers and other critical environments.
At BGIS we believe that diversity and inclusion is a key business driver, such that we never lose sight of its importance as it is woven into the fabric if our organization. We are committed to maintaining a barrier-free recruitment process by providing equal employment opportunities through recruiting and retention of individuals of all backgrounds. We recognize that promoting diversity is an essential component of our continuing pursuit for organizational success!
BGIS is an equal opportunity employer, and we welcome you to apply for a position with us! If you require accommodation during the recruitment process, please contact us at askPC@bgis.com. Upon request for accommodation, we will consult with the applicant in question and provide, or arrange for the provision of, a suitable accommodation in a manner that takes into account the applicant's accessibility needs due to disability.
More about this job
Responsibilities
Manage leasing transactions and existing leases, including renewals, expansions, reductions, terminations, and surplus-space leasing, while coordinating with clients, brokers, legal counsel, facilities, finance, and workplace planning teams. Conduct market research and lease-cost analysis, maintain leasing documentation and transaction reports, and recommend portfolio strategies and process improvements.
Requirements
A community college diploma, preferably in business administration, and 3–5 years of commercial or retail real estate transactions experience are required. Candidates need a real estate license for the assigned province, strong negotiation, relationship management, documentation, analytical, and market research skills; English and French proficiency is an asset.
Skills
- Lease Management
- Lease Renewal
- Real Estate Acquisition
- Real Estate Disposition
- Negotiation
- Real Estate Documentation
- Financial Analysis
- Market Research
- Portfolio Strategy
- Change Management
- Business Process Improvement
- Brokerage Coordination
- Legislative Compliance
Visa sponsorship
Not detected in the job text
Categories
- Management & Leadership
- Finance & Accounting
- Sales
- Consulting
Keywords
- Commercial Real Estate
- Lease Management
- Lease Renewal
- Lease Expansion
- Lease Reduction
- Lease Termination
- Surplus Space Leasing
- Real Estate Acquisition
- Real Estate Disposition
- Brokerage
- License Agreements
- Lease Documentation
- Market Research
- Portfolio Strategy
- Workspace Planning
- Facilities Management
- Change Management
- Stakeholder Management
- Negotiation
- Cost Analysis
- Budget Impact Analysis
- Business Process Improvement
- Real Estate License
- Provincial Real Estate Legislation
- Commercial Leasing
