Legal Counsel - Real Estate Operations (Bethesda) Job at Federal Realty Investment Trust, Bethesda, MD

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  • Federal Realty Investment Trust
  • Bethesda, MD

Job Description

Federal Realty is a proven leader in the ownership, operation, development and redevelopment of premium retail real estate in the country's best markets. We consider ourselves one of the most innovative and dynamic real estate companies in the area. We encourage you to research Federal Realty to learn about our high quality community shopping centers and mixed use properties. While Federal Realty is one of the largest publicly traded real estate investment trusts in the country (as measured by the value of our assets), we function and operate as a small company. Team members with initiative and proven ability can be involved in many facets of executing Federal Realty’s business plan. We encourage you to look us up on LinkedIn and follow Federal Realty.

Federal Realty Investment Trust is currently sourcing for a business-oriented Legal Counsel with real estate and insurance claims experience for a portfolio of properties consisting predominantly of retail shopping centers and urban lifestyle properties. The Legal Counsel acts as a business partner and adviser to business operations. Once oriented, it is expected that the Legal Counsel will work independently toward viable solutions, and may be responsible for an assigned set of operating properties. This position will serve as Counsel in our North Bethesda headquarters.

Responsibilities

  • Oversee legal matters that impact our properties including preparation of, or response to, default claims asserted by or against tenants; preparation of notices and letter amendments to the leases through resolution of matters/claims; research relating to property operations, construction, and use restrictions, and tenant and landlord rights; and interpretation of lease language as requested.
  • Manage/supervise resolution of claims asserted by or against the Trust (other than collection and eviction related matters) including insured and uninsured litigation matters, mechanics liens, and third-party claims.
  • Partner, counsel and advise Asset Management, Property Operations, Lease Administration and Leasing on a variety of landlord-tenant disputes.
  • Partner, counsel and advise Property Operations and Marketing on Property Management issues and coordinate with property and asset managers as needed.
  • Oversee risk management and property operations’ insurance programs and coordinate with third-party adjusters and insurers on general liability and property management claims/suits including the evaluation thereof and coordination with adjusters/outside counsel to resolve claims/suits.
  • Engage and manage outside counsel, as necessary.
  • Interface with Federal's third-party environmental consultant.
  • Manage the design, development and construction contract preparation process for our properties.
  • Review and negotiate access agreements, easement agreements, and related documents for our properties.
  • Review and negotiate contracts with vendors, consultants, and other third parties for Property Operations, Marketing, Accounting, Tenant Coordination, Construction, and Development, and Specialty/Temp Leasing.
  • Prepare, update and implement corporate legal operations policies and procedures.

Qualifications

  • A Juris Doctorate from an accredited law school
  • 7+ years’ legal experience in commercial/retail real estate law
  • Litigation or litigation management experience, a plus
  • Proven success as a partner and adviser to business operations
  • Ability to work cooperatively, efficiently, and collaboratively with others in a team environment
  • Commitment to excellence and outstanding performance
  • Demonstrated ability to take ownership of areas within scope of responsibility, prioritize and organize work effectively to meet deadlines, and remain dedicated to consistent growth and improvement
  • A proven track record of creating effective legal strategies
  • Must be able to take initiative and navigate independently to a viable solution
  • Proven decision-making capabilities and sound judgement with the ability to analyze situations and information
  • Excellent negotiating skills with the proven ability to influence and persuade others
  • Outstanding interpersonal, verbal, and written communication skills
  • High degree of professional ethics and integrity
  • Experience managing a process/group
  • Proficient in computer systems with intermediate knowledge of Microsoft Office applications

Salary Range: The typical base pay range for this role is $180,000–$215,000 per year, plus bonus. To ensure a fair and competitive offer, we consider your job-related skills, experience, relevant education, and training.

Federal Realty Investment Trust is an Equal Opportunity / Affirmative Action employer. Federal values a diverse workforce and is committed to providing equal employment and advancement opportunities to all employees and applicants. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, genetics, sexual orientation, or protected Veteran status.

Federal Realty Investment Trust does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Federal Realty Investment Trust and Federal Realty Investment Trust will not be obligated to pay a placement fee.

If you are unable to submit your application online, please call 301-998-8100

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Job Tags

Full time, Contract work, Temporary work, Work at office,

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