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AutoZone, Inc. Commercial Real Estate Lease Negotiation and Asset Manager in Memphis, Tennessee

Location: Memphis, TN (Hybrid)

We are seeking a dedicated Commerical Real Estate Lease Negotiations and Assets Manager to join our team. This role involves managing our extensive portfolio of real estate leases, ensuring option notice deadlines are met, and rents align with the current market. The Commerical Real Estate Manager will oversee the lease renewal process by negotiating directly with landlords and their representatives, such as real estate agents, lawyers, and property managers, to achieve reductions in rent liability and other beneficial lease modifications. They will draft and modify legal documents to reflect agreements between landlords and tenants, interpret and advise management on all terms of real estate leases and related documents, and prepare and compose supporting documents, including leases, subleases, exhibits, addendums, tenant improvement work letters, and amendments/extensions. Additionally, this role will ensure all final documents are approved and executed by multiple levels of management. The ideal candidate will have a proven track record in independently drafting and negotiating commercial real estate leases and related documents, as well as the ability to coordinate, negotiate, and track lease drafts from LOI to execution. Join us and leverage your expertise to make a significant impact on our real estate portfolio!

Responsibilities:

  • Intensive and creative negotiations (both written and verbal) with the company’s landlords to achieve desired modifications to real estate leases.

  • Draft legal documents for review (typically amendments to leases).

  • Provide updates on the status of leases and negotiations to various in-house parties.

  • Ensure various legal documents are recorded and returned to county clerks/recorders.

  • Financial knowledge - knowledge of financial terms and principles as applies to commerical real estate.

  • Ability to follow through with decisions made, and commuicate with all invovled parties.

    Education and/or Experience:

  • Minimum of 5 years of experience in real estate portfolio management and/or real estate lease transactions.

  • Bachelor’s degree and/or paralegal certificate preferred.

  • 2-3 years experience drafting and negotiating commercial real estate leases and related legal documents.

  • Verbal and written language and grammatical skills, including the ability to interpret and abstract complex lease documents, independently draft real estate-related legal documents, and negotiate final lease terms with landlords and their attorneys.

  • Must be highly organized and able to manage multiple projects and be detail-oriented.

  • Proficient in Microsoft Word, Excel, and Outlook, as well as Adobe Acrobat.

    Benefits at AutoZone

    AutoZone cares about people. That’s why AutoZone offers thoughtful benefits programs with one-on-one benefit guidance designed to improve AutoZoners’ physical, mental and financial wellbeing.

    Some of these benefits include:

    • Competitive pay and paid time off

    • Unrivaled company culture

    • Medical, dental, vision, life, and short- and long-term disability insurance options  

    • Health Savings and Flexible Spending Accounts with wellness rewards

    • Exclusive Discounts and Perks, including AutoZone In-store discount

    • 401(k) with Company match and Stock Purchase Plan

    • AutoZoners Living Well Program for mental and physical health

    • Opportunities for career growth and tuition reimbursement 

    Eligibility and waiting period requirements may apply; benefits for Autozoners in Puerto Rico, Hawaii or the U.S. Virgin Islands may differ. Learn more about all that AutoZone has to offer at careers.autozone.com

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