The Senior Real Estate Attorney will work with the real estate acquisition, development, property management, construction, and commercial leasing teams, providing legal analysis, advice, transaction leadership and support. He/she will be experienced at handling property acquisitions (from letter of intent through closing), real estate development and redevelopment , property management agreements and commercial leasing. This position is an integral part of the deal making process where business... more details
Job Description
The Senior Real Estate Attorney will work with the real estate acquisition, development, property management, construction, and commercial leasing teams, providing legal analysis, advice, transaction leadership and support. He/she will be experienced at handling property acquisitions (from letter of intent through closing), real estate development and redevelopment , property management agreements and commercial leasing. This position is an integral part of the deal making process where business sense will be as important as legal acumen.
The ideal candidate will have strong academic credentials and 8-12 years of relevant private practice and in-house experience and in-house experience. He/she will be an experienced real estate lawyer-cum-business person, a strong and decisive negotiator, an efficient multi-tasker, and a skilled people and project manager.
RESPONSIBILITIES
Drafting, negotiating, reviewing, and revising a wide range of legal documents, including: real estate agreements (including purchase and sale agreements, easements, CC&Rs, construction contracts, leases (cell, billboard, retail, ground), property management agreements, access agreements, subordination and non-disturbance agreements, etc.), vendor and service provider contracts, corporate authority documentation (LLC agreements, certificates, consents, etc.), and various other documents and agreements relevant to the companys business. Experience with joint venture agreements, mortgage financing and various other real estate related relationships a plus.
Coordinating real estate acquisition processes for storage facility and development deals, including: (a) negotiating purchase and sale agreements from letter of intent through execution, (b) performing and supervising due diligence activities, including title, survey, zoning, and environmental diligence, (c) developing and implementing practical solutions to any issues raised during due diligence in consultation with the business team, (d) overseeing the closing process, and (e) working with the relevant business teams to assist in the transition of property ownership and management.
Assisting with the companys development and redevelopment activities, including: (a) due diligence, (b) document review and negotiation, (c) managing entitlement processes, and (d) troubleshooting land use issues and disputes.
Negotiating third party property management agreements and ancillary documentation. Coordinating with the relevant business teams on closing management deals and handling post-closing management issues and questions as they arise. Overseeing broker licensing issues.
Managing on-going and non-crisis environmental matters affecting the company.
Assisting in-house clients in resolving disputes with adverse parties (public agencies, customers, vendors, etc.) by analyzing the underlying facts, identifying resolution options, negotiating with adverse parties, and documenting resolution of the dispute, as needed.
Managing potential and actual takings of the companys property interests by public agencies. Negotiating with agencies to reduce the impact of takings on properties and increase the compensation received with respect to any interests actually taken.
Managing and overseeing the efficient use of outside counsel as appropriate in connection with the foregoing activities.
Reporting to senior management regarding team activity and outside counsel expenditures.
Qualifications
J.D from an accredited law school required. Strong academic credentials preferred.
8 -12 years of legal experience as a real estate attorney focused on acquisitions and dispositions, development and redevelopment, third property management, leasing, and general real estate due diligence.
Combination of both Large law firm experience preferred and in-house experience strongly preferred.
Current member in good standing with a state Bar
Strong business acumen with an understanding of the industry, the company’s business model and objectives, coupled with practical, business-minded problem solving.
Excellent interpersonal, and oral and written communication skills.
Strong organizational skills, with ability to multi-task and prioritize multiple requests.
Demonstrated responsiveness and commitment to clients.
Superior subject-matter expertise.?
Ability to effectively and efficiently manage internal and external support (attorneys, paralegals, consultants, etc.).
High-level of discretion, maturity and ethical integrity.
Process-minded - respect for existing processes but always with an eye toward identifying efficiencies and refinements.
Ability to work and coordinate across business units with an eye toward the bigger picture.
Results-oriented, with getting results being more important than getting it right.
Ability to adapt to changing organizational needs and business environments.
Personable, with demonstrated success in developing effective relationships with team members
Proven track record in team management and leadership
Experience in fast-paced high volume environment; work well under pressure
Experience with national footprint, multiple jurisdictions and large portfolio transactions highly desired
Additional Information
Compensation
Base Pay Range: $200,000 - $225,000
Compensation may vary outside of this range depending on a number of factors, including a candidate’s qualifications, skills, competencies and experience, and location. Base pay is one part of our total awards approach to compensation which is provided to compensate and recognize employees for their work, and this role may be eligible for additional discretionary bonuses or incentives.
Workplace
One of our values pillars is to work as OneTeam and we believe that there is no replacement for in-person collaboration but understand the value of some flexibility. Public Storage teammates are expected to work in the office five days each week with the option to take up to three flexible remote days per month.
Our office is located in west Glendale, near Interstate 5 and Western, just south of downtown Burbank
Public Storage is an equal opportunity employer and embraces diversity. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status. All qualified candidates are encouraged to apply.
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