Senior Manager, Real Estate Counsel

3 days ago

Santa Monica, United States Macerich Full time

Great people make great properties. As a shopping center developer of some of the nation’s best real estate in top markets, Macerich offers opportunities to work, grow and develop your unique talents. Apply now to help us shape the future of retail real estate while building a meaningful, rewarding, and balanced career.

Macerich's official recruitment process includes interviews that may be conducted virtually over the Zoom platform, in-person at one of our malls, shopping centers, or corporate offices, or a mix of both before a job offer is made. If you have reason to suspect the legitimacy of any communication regarding open positions at Macerich, please visit our official website and contact our corporate headquarters directly.

The Position on our Team:

The Senior Manager prepares, drafts, and negotiates commercial leases and ground leases, purchase and sale agreements, Non-Disclosure Agreements (NDA’s), amendments to reciprocal easement agreements, brokerage agreements and ancillary agreements, and reviews Letters of Intent (LOIs). They will have extensive contact with in-house Leasing Managers, Property Managers, Construction Managers, Development Managers and other personnel, joint venture partners, title company and lender representatives, as well as with tenants and their brokers, legal counsel, and other representatives.

The ideal candidate will possess the skills and characteristics necessary for the following:

Work in an atmosphere where a “team approach” is encouraged; who gives attention to detail and well organized, including the ability to track and follow through with many outstanding tasks and requests at any given time to completion; who carefully reviews their work to ensure accuracy and consistency and make decisions based on the information presented; who can work professionally and courteously with several people within the department; who can work with others outside the department in the office and at locations across the country; who can collaborate and build relationships and camaraderie with people internally and externally; who can communicate and interact well with others in a professional manner; who can take initiative and solve problems and be agile; who embraces a positive outlook; who takes ownership; and who can work well and effectively.

This is a full-time, hybrid role with three days in office and two days of remote work.

In This Role, You Will:

  • Prepare, draft, and negotiate commercial leases and ground leases, purchase and sale agreements, NDA’s, amendments to reciprocal easement agreements, brokerage agreements and ancillary agreements and review LOIs.
  • Research and summarize rights and obligations related to the above-described documents.
  • Review and provide legal analysis of shopping center documents, including leases, operating agreements, reciprocal easement agreements and other contracts.
  • Manage the flow of all such documentation from inception to execution and distribution.
  • Ensure information in Deal Tracking Database/Yardi is updated and accurate per standard procedures.
  • All other duties as assigned.

What You Bring to Macerich:

  • 2-5 years of experience as a commercial real estate attorney, including new development projects, leasing, and transactional real estate matters.
  • Law degree from an American Bar Association accredited law school.
  • Admitted to practice law.
  • Must satisfy Minimum Continuing Legal Education (MCLE) requirements to maintain active license to practice law.
  • Experience in real estate transfer documentation and retail/commercial leasing required.
  • Knowledge in Microsoft Office Suite, in particular Microsoft Word and Excel.
  • Knowledge in iManage, Litera Compare and Yardi desirable.
  • All applicants must be able to perform the essential functions of the position, including corresponding core job requirements, with or without a reasonable accommodation. Reasonable accommodations may be made to enable individuals with disabilities (and others in accordance with applicable law) to perform the essential functions of the job, consistent with applicable laws and Company policy.

Salary

Estimated compensation for this position is:

$120,000 to 180,000 (Annual) + 20% Annual Bonus Potential

The salary listed is an estimate and not guaranteed. A salary offer will vary based on applicant education, experience, skills, abilities, geographic location, internal equity, and alignment to market data.

Why You’ll Love Working with Us:

We know our people make us who we are, and we take pride in recruiting and retaining the best and brightest employees from all backgrounds. We recognize the value of strengthening our workforce with diverse thoughts, voices, ideas and people. This makes our company a rewarding and energizing environment to work in.

As an employee with Macerich, you will also benefit from the following:

  • Best-in-class benefits with affordable employee contribution levels.
  • Hybrid work schedule with the ability to work remotely two days per week.
  • Annual paid time off, including vacation time, 12 paid holidays and 80 hours of sick time annually.
  • Savings accounts for your future through 401K and Health Savings Accounts.
  • Participation in the Company stock program at a discount.
  • 24 paid volunteer hours annually and employer charitable match benefit.
  • Access to Calm for mindfulness support, sleep hygiene, and stress management.
  • A sense of belonging fostered by wellness, satisfaction, diversity and inclusion.

Why Macerich

We create places where people come together. Macerich is reinventing the retail experience bringing together the best of shopping, dining, office, multifamily and experiences to meet the needs of the communities we serve. With 44 properties in some of the most vibrant, bustling cities across the country from New York to California, Macerich is setting the bar for transforming retail real estate into our vision for Regional Town Centers for everyone.

Our Culture of Belonging

At Macerich, we prioritize diversity, inclusivity, and equity, benefiting our employees, workplaces, and communities. We actively seek talented individuals from diverse backgrounds, recognizing the strength it brings. Our goal is to create a thriving, respectful environment that celebrates uniqueness and fosters learning. We are proud of our practices promoting equal employment and advancement opportunities. Macerich welcomes all qualified applicants, regardless of protected characteristics. For further details, refer to our Anti-Harassment, Discrimination, and Retaliation Policy. We provide reasonable accommodations for individuals with disabilities. Contact our People team for assistance.

We strive to be leaders in our industry by operating properties that prioritize responsible stewardship of our resources for the benefit of our tenants, guests, investors, employees, communities, industry partners and the planet. We are also committed to creating a diverse, inclusive, and equitable workplace where all employees can thrive. By prioritizing and investing in our employees, we create value for our workplaces and Regional Town Centers, as well as the communities we serve.

Work Experience
2 years: Commercial Real Estate Law

Education
Preferred: Doctorate

PDN-9dc043d0-d33d-4eec-b440-ccd33b5deaca

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