REQ-31469
Lenexa, Kansas | Distribution
About Ace Retail Group
Ace Retail Group (ARG), is a division of Ace Hardware Corporation that owns and operates several Ace brands, including Westlake Ace, Great Lakes Ace, Buikema’s Ace, Outer Banks Ace, Dennis Company, and Breed & Company. ARG is one of the largest hardware retailers in the United States and has two headquarters located in Lenexa, KS and Farmington Hills, MI. ARG’s origins date back over a century and operates over 250 neighborhood stores located throughout the United States. Great people make ARG stand out in our industry, and we are looking for individuals who strive for personal and professional growth, and who want to work with a company founded on (and still led by) our solid Core Values of: Winning, Excellence, Love, Integrity, Gratitude, Humility and Teamwork.
Job Title: Commercial Real Estate & Legal Specialist
Department: Legal
Reports To: Sr. Manager, Legal Services
Exemption Status: Exempt (Salaried)
About Ace Retail Group
Ace Retail Group (ARG) is a division of Ace Hardware Corporation that owns and operates several well-known Ace brands, including Westlake Ace, Great Lakes Ace, Buikema’s Ace, Outer Banks Ace, Dennis Company, and Breed & Company. As one of the largest hardware retailers in the United States, ARG operates more than 250 neighborhood stores nationwide and maintains two headquarters in Overland Park, Kansas, and Farmington Hills, Michigan.
With roots dating back over a century, ARG’s success is driven by its people. What truly sets us apart in the industry is our commitment to hiring and developing individuals who are passionate about personal and professional growth and who want to be part of a company built on strong, enduring Core Values:
Winning, Excellence, Love, Integrity, Gratitude, Humility, and Teamwork
General Job Summary
The Commercial Real Estate Specialist will lead real estate renewals as well as manage all aspects of real estate activities including but not limited to negotiating contract terms, interpreting contractual requirements, and landlord relations. This role is ideal for candidates with a proven track record of negotiating and interpreting lease agreements and will play a vital role in advancing the company’s interests in its commercial real estate portfolio, working in close partnership with the Director of Real Estate.
Essential Duties and Responsibilities
• Negotiate and draft leases, amendments, renewals, and similar contracts and projects to secure favorable outcomes.
• Maintain accountability for lease life cycles with a focus on the lease renewal process of over 250 leased locations.
• Manage lease-related projects related to site approvals, new store openings, lease renewals, defaults, reimbursements and other projects.
• Liaison between Landlords and various internal departments such as Real Estate, Construction, Operations, Accounting.
• Research and enforce lease obligations (R&M, Notices, Consents, Compliance).
• Consult with accounting, overseeing lease payment accuracy.
• Spearhead conversations with City officials for planning and permitting various real estate & construction related projects.
• Stay current on market trends and developments affecting commercial leasing and valuations.
• Perform other related duties and special projects as assigned.
Other Essential Requirements
Ability to exhibit and incorporate our Core Values into daily decisions and interactions with others:
o WINNING – In business, money is the score. To win, we must perform, compete, and have fun. At Ace, we win through people- our strength is being helpful.
o EXCELLENCE – Excellence honors God and inspires people. We aspire to be the best, to continuously improve and to inspire others by giving the team our very best.
o LOVE – Love the people, love the work and love the results.
o INTEGRITY – For Ace to win, we need to be able to trust each other. And trust will require us to be honest, reliable, caring, of high character and of unquestioned ethics.
o GRATITUDE – We recognize that we are blessed to be in the business of serving others.
o HUMILITY – We strive for greatness with a humble, modest and respectful attitude.
o TEAMWORK – We will fight the natural tendency for control and credit in favor of collaboration and mutual success, recognizing that…Together, we are Ace.
Minimum Skills, Requirements and Qualifications
• Bachelor’s degree in business, business law, or a related field of study and/or Paralegal certification.
• Minimum seven years of experience in contract negotiations, drafting and analysis, particularly commercial leasing preferred.
• Advanced knowledge of contract laws.
• Exceptional communication, drafting and interpretation skills.
• Ability to manage multiple priorities in a dynamic business environment.
• Demonstrated organizational skills and attention to detail.
• Motivated, analytical thinker, team player, customer-focused, business minded.
• Understanding of financials, including P&L statements and cost & expense reconciliations
• Strong software skills including Microsoft Office: Word, Excel, PowerPoint.
• Minimal travel as required.
• Standing, walking, lifting (up to 25 lbs.) and climbing.
Compensation Details
$72000 to $85000 per year
For a full list of benefits and open positions, please visit us at: https://acehardware.wd1.myworkdayjobs.com/en-US/ARG_External
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Equal Opportunity Employer
Ace Retail Group is committed to a policy of promoting equal employment opportunities. The company recognizes the importance of diversity and leveraging the skills and talents of all people to the mutual advantage of each individual and the organization. The company is committed to the prevention of employment discrimination related to race, religion, color, sex (including sexual harassment), gender identity, national origin, age, marital status, disability and military discharge, or any other action covered by federal or state laws.
Life at Ace
Find out how we’ve created a one-of-a-kind, passionate and helpful workplace that puts our people first.
The pay range for this position starts as listed in the job posting, but could be higher based on education and experience. Please note, compensation decisions are dependent on the facts and circumstances of each opening. We take into consideration the minimum requirements outlined in the job description, such as an individual’s education, training and experience, the position’s work location, required travel (if any), and external market conditions when determining the final salary for potential new hires. Be aware that salary estimates published via alternate online job boards may not be a true representation of the actual pay range offered for this position. Please refer to the Ace position description for the accurate starting pay range information and feel free to discuss this with a Talent Acquisition professional if you are chosen to move forward with an interview. This written “Position Description” is not intended to cover all aspects of the position listed. It is meant to cover the basic/general essential job functions of a particular position. Ace Hardware Corporation reserves the right to change job duties, including essential job functions, according to business necessity.