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Real Estate Legal Specialist

2 months ago

Glendale, California, United States Public Storage Full time
Job Description

Public Storage is seeking a highly skilled Real Estate Legal Specialist to join our team and handle public agencies' condemnations and pending takings from our portfolio of over 3,000 properties.

Key Responsibilities
  • Condemnation Management
    • Oversee and monitor current and pending takings of property interests (fee and easement) by public agencies across various jurisdictions.
    • Act as the point of contact for communication between condemning agencies, internal stakeholders, appraisers, attorneys, consultants, and contractors.
  • Impact Analysis
    • Investigate, analyze, and evaluate the impact of land or easement takings and public improvements on properties.
    • Obtain and review essential documents such as take plats, project plans, surveys, legal descriptions, maps, photographs, and renderings.
    • Identify necessary work to mitigate impacts from takings and communicate these needs to Facilities or Operations personnel.
  • Coordination and Communication
    • Prepare timelines to close properties due to condemnations and coordinate vacating the property and relocation of tenants when required.
  • Negotiation and Document Review
    • Negotiate compensation for property takings and draft, review, and negotiate related documents, including deeds, easements, and agreements.
    • Assist in resolving title issues by analyzing title documents and reviewing deeds, easements, subdivision plats, and title reports.
  • Cost Management
    • Assist in controlling legal costs by handling tasks typically performed by outside counsel.
    • Create and update budgets for condemnation cases and review, track, and negotiate invoice reductions with law firms.
  • Data Preparation and Reporting
    • Gather and present data for expert witness appraisers.
    • Prepare and revise case timelines and notify relevant teams about public projects affecting properties.
    • Maintain a database of takings and prepare weekly, monthly, and ad hoc reports to various internal departments.
  • Ongoing Support
    • Respond to questions from Financial Reporting and auditors regarding condemnation proceeds and assist District and Facilities Managers with issues arising during ongoing projects.
  • Additional Responsibilities
    • Provide legal support to field teams with issues arising from owning real estate.
    • Research title of Public Storage properties.
    • Manage deed transfers and update property titles, involving detailed file reviews and information compilation.
Qualifications
  • Bachelor's degree from an accredited college or university in Real Estate or a related field preferred.
  • Experience in eminent domain and condemnations proceedings and government easements required.
  • Minimum of 8+ years of experience in Real Estate with emphasis on condemnations and eminent domain.
  • Working knowledge of surveys, highway plans, deeds, easements, and title documents.
  • Litigation experience a plus.
  • Strong analytical skills, attention to detail, and excellent communication and negotiation capabilities.
  • Ability to manage multiple tasks simultaneously, prioritize effectively, and thrive in a fast-paced environment.
  • Proficiency with MS Office Suite is preferred.