The objective of the position is to serve as property manager for an assigned territory.
Key responsibilities include:
Review and administer leases in order to ensure Company compliance with all lease provisions and obligations.
For Real Estate Summaries (RES’s) prepared by Operations, review for compliance with Hertz standards and policies (cost, terms, conditions, etc.).
Communicate with Region personnel, Landlords and the Corporate Law Department in preparation of lease documents.
Negotiate new leases and lease renewals & ensure lease terms conform to RES’s.
Review and approve lease abstracts to ensure accuracy and conformity to lease terms.
Resolve Landlord disputes & other Real Estate issues pertaining to leased properties.
Coordinate and monitor Real Estate Summary approval process & facilitate circulation of Real Estate Documents.
Assist the Law Department in tracking pertinent lease dates.
Coordinate lease renewals, expirations & terminations with Operations to ensure timely action is taken.
Assist with reports pertaining to status of Real Estate transactions and department’s performance.
Assist the Regions with Service requests and provide feedback on any concerns regarding proper Real Estate procedures.
Assist Region with Letters of Intent (LOI) & advise on Real Estate questions/concerns.
New locations and relocations are brought on-line at the earliest possible date.
Lease renewals are completed in a timely manner assuring no disruption in Operations and renewals are on the best possible terms.
The Real estate Group maintains compliance with corporate standards.
Real Estate disputes are handled in a timely fashion and settled in an amicable manner.
Proper documentation/approvals are provided with any Lease decisions.
Appropriate property portfolio resulting in affordable, well located properties of suitable size to meet Hertz and Advantage business needs.
This position represents a crucial role in real estate process for Hertz brand locations. The RE Business Analyst has the latitude to settle legal disputes with Landlords, handle Lease negotiations & make business decisions on lease terms ensuring they meet corporate standards.
Bachelor’s Degree - preferably in Accounting, Finance or other business discipline.
At least 3-6 years of related work experience preferably in Law or Real Estate.
- Very good understanding of the lease terms
- Finance & Business acumen
- Ability to work on numerous projects simultaneously.
- Work independently with little or no supervision.
- Ability to prepare documents using computer software programs such as Excel and Microsoft Word.
- Exceptional communications & organizational skills.
- Competent in Microsoft Office Suite applications.
- Ability to interact with all levels of management & outside vendors (Landlords)
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Hertz - 12 months ago
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